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A $52 billion bet on Santa 🧑‍🎄

A $52 billion bet on Santa 🧑‍🎄

Always expect the unexpected

November 08, 2023

Follow JW on X I Bishop on X I Bond on X

My most under the radar service – Bullseye Unlimited 🎯🎯🎯

My LEN idea…MONEY – no I didn’t say that, one of my members did in chat today!

Like Sean, YOU can get my 3 best trade plans every day!

Join the 120 X 12 Challenge today and don’t let Sean have all the fun!

Keep reading 👇

Hey Folks!

After several days of the markets trending higher, despite continued geopolitical mayhem, it’s only natural to be looking for the other shoe to drop.

With a run-up like this – 8.3% on the Nasdaq, 6.2% on the S&P500, and 5.2% on the Dow between October 25 and November 6 - a pullback seems inevitable.

But not so fast.

Yes, markets eased off the gas somewhat yesterday, but there’s a hidden trip switch.

Look at this chart…

Source: LinkedIn

CTAs are “Commodity Trading Advisors,” basically individuals or organizations that give funds and clients advice about trading in futures contracts, commodity options, and/or swaps – and they control a massive amount of influence on the markets.

Well, these guys are currently short $52 billion in U.S. equities. This is the largest short position in more than 5 years!

Say after me: Short Squeeze! 🤕

This bet that stocks are going to collapse presents enormous buying potential if they flip the switch and cover their shorts.

After seeing this little insight, I reckon this market has legs.

Yesterday, I told my Bullseye Unlimited members that my next target to the upside in the QQQs is $373.40. We came within 2c of that level near the end of the day!

Talk about a crystal clear 🔮!

Folks, that right there is why I’m sharing more bullish trade plans with my Bullseye Unlimited members this week. Already, I’ve detailed call options for LLY, LULU, and COIN. All three stocks are moving as I expected, and the options I alerted are delivering great returns so far.

Of course, I don’t base every investment decision I make on the overall market trends. I follow the indicators of my watchlist of stocks to spot opportunities to the downside as well. Accordingly, I have also shared with my Bullseye Unlimited members three put-option trade plans on several household names.

Today is a new day.

Will the markets resume their march higher after yesterday’s pause?

From activity this morning, I think it’s a safe bet they will. Just remember, trading is hard, and there are never any guarantees.

I’m putting the finishing touches on my next three trade plans for Bullseye Unlimited members. I’ll be sending those to them shortly.

Make sure you’re on the list to receive those emails. Short squeeze or not, there are opportunities most traders miss.

<<Click here now to gain access to the next 3 Bullseye Unlimited Trade Plans>>

Here’s to YOUR success,

P.S. If you weren’t able to join me LIVE today while we attempted to harness the power ⚡of options selling and make day trades together, I announced a special Challenge and sweet guarantee for new Alpha Hunter members… so stay tuned for more emails about that!

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