10/22/2024

Hey Trader,

The market’s sitting on the edge of something major, and while SPY has been holding steady, I'm still waiting for that next colossal move. 

Bank earnings and the jobs report didn't shake things up, but something is about to—possibly sooner than we think. 

In the meantime, earnings season is in full swing, and I’ve got my scanners locked on some juicy plays. 

SPY’s been holding its ground for a couple of months now, building up support. I still have my eye on a 590 upside target. 

But let’s be real for a second—while it’s acting bullish, we’re still waiting for that next big move.

Sure, we’ve hit record highs, but I’m talking about a move that’s so enormous, it'll make headlines. The jobs report wasn’t the catalyst. And bank earnings? Not quite there either.

So, what is the market waiting for?! It feels like we’re on the edge of something major. Could it be the election? That’s still a bit far off... But based on how we’re trading, something big is brewing—something imminent. 

It’s going to either light a fire under this market or torch us in the worst way. (If I’m wrong I’ll say so—but I doubt it.)

Speaking of near-term excitement, let’s swing back to earnings. We’ve wrapped up the first two weeks, and now it’s open season. Mark and I are hunting with our sights set on the best moves before and after earnings reports.

To get prepped, we even taught a Masterclass on how to trade these setups with or without us. I also shared my secret sauce—my favorite scanners to hunt down the hottest plays. Want in? You can still grab the Masterclass replay plus the rest of our series LIVE right here.

As a bonus for this week’s earnings aftermath, here’s my watchlist: TSM, WBA, PCAR, and MS. I’m ready for some gorgeous setups in these names and gearing up to trade them.

Join us on the Trade to Close show right here! The first week is on the house!

Always be closing,

Olivia Voz