After my big NFLX win, I’m pivoting

And no, I won’t be trading NVDA                                                                                                                                                                                                                                                                                                                                                                                                                 August 27, 2024 | [Read Online]( After my big NFLX win, I’m pivoting And no, I won’t be trading NVDA Evening Folks — If there have been only two market themes in the past year, they’ve been the Fed and AI. Now that Jerome Powell has all but assured us of a rate cut in September, attention is turning to the AI story… The biggest character in that story is NVDA, whose earnings drop tomorrow evening (brace for it!). The Wall Street Journal cites Deutsche Bank strategist Jim Reid as [saying](that “Nvidia’s results have recently led to market reactions that rival those seen after a surprising jobs or inflation report.” That’s why, in my morning alert to my [Bullseye]( members, I said, “I don’t think this is a good time to start new short positions.” I did see good-looking opportunities on the long side, though, and that’s why my top idea of the day was NFLX calls. I went live to trade them in front of 1000+ viewers (no pressure!), and less than two hours later, I closed my position: Note: Trading is hard, results not guaranteed and should not be expected to be replicated typically. If I had held another hour, I probably would have doubled this. But like I always say, no one ever went broke by taking profits. If you’ve followed me for a while, you know I’m really hesitant to trade on big earnings days. The swings are too wild and unpredictable for my taste, and I generally prefer to stay on the sidelines and wait until I have an edge on a trade. Right now, though, I’m watching a small stock that should be relatively insulated from the NVDA shockwaves… It posted its earnings earlier this month and has climbed more than 18% since then. Since Thursday, though, it has been essentially flat, but it’s making positive moves on the hourly chart and is creeping up after hours. I think it could be on the cusp of another significant leg up. Company insiders have made big moves into the stock lately, and at least one analyst thinks it has more than 200% upside from today’s close. I’ll be posting the full details on [this page right here]( at exactly 9am EST tomorrow morning. I strongly suggest you bookmark that page and refresh it at that time. You’ll have a chance to digest the full story before the market opens, and we hope to see some fireworks. You should also be sure you’ve texted “RAGE” to 1- (888) 404-5747 📲 so you’re first to hear if I have any updates. I’ve been putting a lot of work into this write-up, so I hope you don’t miss it. I think it will be very interesting to watch tomorrow. To Your Success, Jeff Bishop Questions or concerns about our products? Email Support@ragingbull.com © Copyright 2022, RagingBull DISCLAIMER: To more fully understand any Ragingbull.com, LLC ("RagingBull") subscription, website, application or other service ("Services"), please review our full disclaimer located at . FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. Any RagingBull Service offered is for educational and informational purposes only and should NOT be construed as a securities-related offer or solicitation, or be relied upon as personalized investment advice. RagingBull strongly recommends you consult a licensed or registered professional before making any investment decision. RESULTS PRESENTED NOT TYPICAL OR VERIFIED. RagingBull Services may contain information regarding the historical trading performance of RagingBull owners or employees, and/or testimonials of non-employees depicting profitability that are believed to be true based on the representations of the persons voluntarily providing the testimonial. However, subscribers' trading results have NOT been tracked or verified and past performance is not necessarily indicative of future results, and the results presented in this communication are NOT TYPICAL. Actual results will vary widely given a variety of factors such as experience, skill, risk mitigation practices, market dynamics and the amount of capital deployed. Investing in securities is speculative and carries a high degree of risk; you may lose some, all, or possibly more than your original investment. RAGINGBULL IS NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER. Neither RagingBull nor any of its owners or employees is registered as a securities broker-dealer, broker, investment advisor (IA), or IA representative with the U.S. Securities and Exchange Commission, any state securities regulatory authority, or any self-regulatory organization. WE MAY HOLD SECURITIES DISCUSSED. RagingBull has not been paid directly or indirectly by the issuer of any security mentioned in the Services. However, Ragingbull.com, LLC, its owners, and its employees may purchase, sell, or hold long or short positions in securities of the companies mentioned in this communication. In the event that any suit or action is instituted as a result of doing business with RagingBull.com, LLC and/or its affiliates or if any suit or action is necessary to enforce or interpret these Terms of Service, RagingBull.com, LLC shall be entitled to recover attorneys’ fees, costs and disbursements in addition to any other relief to which it may be entitled. [tw]( Update your email preferences or unsubscribe [here]( © 2024 Bright Ideas newsletter 62 Calef Hwy. #233 lee, NH 03861, United States of America [Terms of Service](