A free trade to start a mixed Monday

  Monday's headlines - and how to trade them   Market momentum is green as earnings continue The S&P 500 opened relatively flat to start the trading week Monday, as traders and investors digest the latest earnings results. Meanwhile the small cap focused Russell 2000 ETF (IWM) is up 0.75% at time of writing, while the tech-based Nasdaq-100 ETF (QQQ) is down 0.35%. Shares of State Street (STT) fell by as much as 17% after the company reported revenue and profit both below Wall Street’s expectations. The stock has since pared losses, but still sits double digits in the red. Schwab (SCHW) shares rose 3%t after the company posted a better-than-expected profit. M&T Bank (MTB) beat Wall Street estimates for first-quarter profit, as the U.S. Federal Reserve’s rapid rate hikes led to higher interest income. The stock is currently up 1.7% on the day. Overall market momentum is GREEN according to Money Morning LIVE Chief Economist Garrett {NAME}. However, it’s important to note that momentum can shift on a dime - and earnings aren’t the only macro factor that could potentially affect the market right now. [Click here]( or the image below, to hear Garrett explain how often momentum has been shifting and how traders can capitalize.     Finding a free trade in natural gas Garrett has been mentioning bullish trends in energy - including individual stocks such as Occidental Petroleum (OXY), large levels of insider buying, and huge mergers and acquisitions opportunity in the Permian Basin … So it’s only natural that the Money Morning LIVE crew took a look at some names in the energy sector for a potential trade. Volume Specialist Olivia Voz honed in on a single name during her mega popular Volume Profile by Request segment, and Volatility Expert Mark Sebastian used his options know-how to lock down a free trade. [Click here]( or the image below, to see which names Voz and Mark are targeting in the energy sector.     In case you missed it, here’s what to do… Buy-to-Open: Flex LNG (FLNG) May 19, 2023 $39.75 calls for $0.25 or better.   Capitalize on sideways action This morning, Garrett {NAME} mentioned that he expects the market to trade relatively sideways, although intraday moves could be relatively large. That could mean moves of 2% to the upside or the downside on day by day basis for the S&P 500 and the Nasdaq. When there is no clear trend in place, how can traders capitalize? Easy - [schedule wealth by appointment](. Money Morning LIVE Volatility Specialist Andrew Giovinazzi has created a wealth generation strategy that profits when the market moves in either direction. These “two-way trades” allow traders to capitalize on any market environment - generating an average of 8% returns in 14 days. And it’s been successful 94 out of the last 95 months. That’s staggering. [I recently sat down to discuss this new strategy with Andrew]( - and our conversation might shock you. [Check it out right here.](   We’d love to hear from you! There’s nothing more that we value than hearing from our loyal Money Morning LIVE audience! (Especially hearing how much you LOVE the content you receive from Trading Today) So whatever your pleasure - whether it’s [Twitter]( [Instagram]( [TikTok]( or [Facebook]( - give us a like, a follow, or leave us a comment (or an emoji 💸)! Never miss another episode of Money Morning LIVE! [Sign up for text alerts right here]( - and be the first to know when (and where) we’ll be having special guests, access our daily watchlist, and much more! Have a great Friday - Rob Booker   [Twitter]( [Instagram]( [TikTok]( [Facebook](   [The Most Powerful Trading Tool of His 34-Year Career]( This Technology Made Him A Fortune...[NOW IT'S AT YOUR FINGERTIPS]( You are receiving this e-mail at {EMAIL}, as part of your subscription to Trading Today. 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