♟ Will This Blatant Overreaction Continue?

Tomorrow's earnings report could trigger a year-long bull run for this company! [Trade of the Day Logo] [View in browser]( [Image of wooden blocks with the words Earnings Season]( ["We feel RTX represents a tremendous value at these levels."]( Bryan Bottarelli, Head Trade Tactician, Monument Traders Alliance [Bryan Bottarelli] Tomorrow morning, before the open of trading, RTX (RTX) will release its latest earnings report. Here are the two possible scenarios... If the stock moves lower, it could extend one of the most blatant overreactions occurring on Wall Street right now. But if it moves higher, it has the potential to trigger a turnaround that could last the entire 2024 trading year. Either way, tomorrow's earnings report could open up instant profit opportunities for you. Here's a rundown of this entire situation... As I'm sure you know, Karim and I agree that RTX is one of the best defense and aerospace values you can buy. The stock has been under pressure lately due to a problem with the geared turbofan engine made by its Pratt & Whitney subsidiary. The defect forced hundreds of engines to be remediated before their regularly scheduled maintenance. This could cost RTX $3.5 billion over the next two years, which has triggered a litany of downgrades and cost the stock $35 billion in market cap. That's 10X the cost of fixing the issue. Talk about an overreaction! ["Wednesday Winners"]( 1 New Trade. Each Week. 80% Win Rate Guarantee [80% Win Rate: Guaranteed]( Pratt's commercial engines will account for less than 10% of RTX's profits this year, while RTX's strongest revenue center - its missile division - stands to generate one-third of the profits for its defense business. As I just argued in my "2024 Predictions and Forecast" presentation, missiles are the #1 area of the defense budget that needs rapid upgrades and a massive increase in production. To put it all in perspective... The Pratt military business accounts for around $7 billion of RTX's $73 billion in profits. One small segment of RTX's operation costing it $35 billion in market cap is a gross overreaction - which is why we feel RTX represents a tremendous value at these levels. [RTX: One of the Best Values on the Market]( [Logo] YOUR ACTION PLAN No matter what happens, I'll soon be executing a trading strategy inside The War Room that could help you profit no matter which way the stock moves. Are you not yet a member of The War Room? Well, I have good news... On January 30-31, we're launching a new way to follow along with all our War Room trades... We're calling it... The War Room Fast Pass. This FREE two-day pass gets you exclusive access to everything happening inside The War Room, including our recently published "2024 Predictions and Forecast" presentation! Keep an eye out for your invitation over the next few days, and be sure to sign up immediately. You don't want to miss this two-day FREE event! More details to come. [The War Room Fast Pass] [This "AI parallel" stock is expected to grow 12,300% by 2030.]( Just $5,000 could turn into a $620,000 windfall. [Full Details Here]( [Chart] MONDAY MARKET MINUTE - Can the Record Highs Last? Last Friday, the S&P 500 closed at a record high. Can the good times last? That'll be what the major market averages will try to sort out this week, and the answer could be based primarily on earnings. See below for a list of more companies that will be reporting earnings this week. - Goldman Sachs Starts Strong. Now that the banking giant has decided to move away from retail banking, it is refocusing on what it's truly good at: trading and investment banking. After a lull for mergers and acquisitions in 2023, Goldman stands to benefit if they get kick-started again in 2024. Having reported earnings of $5.48 per share last Tuesday (which beat the estimate of $3.62), the company might already be on its way toward a better year. - More Companies Reporting in the Days Ahead. Companies posting earnings this week include NFLX, TSLA, INTC and VZ. With earnings season now in full swing, I'll be looking to make trades that capitalize on overnight earnings moves. [Click here to learn more about Overnight Trades in The War Room.]( - U.S. Goes Back to Drilling. Energy is in an interesting spot right now. We are drilling more than EVER (which is a surprise), oil prices have stayed low despite the current geopolitical tensions and the public's souring on EVs could also be boosting demand. There will be lots more to unpack here in the months ahead. --------------------------------------------------------------- INSIGHTS YOU MAY HAVE MISSED [Image representing stocks in 2023]( [Our Biggest Hits and Misses in 2023]( [Illustration of scared businessmen on a boat surrounded by sharks]( [A Crucial Strategy for Today's Volatile Markets]( [A Jam-Packed Update]( [2 New Picks, 1 New Invitation and Plenty of New Profits]( [New All-Time Highs]( [A Bull Pattern With Earnings on Deck]( [Instagram]( [Follow Us on Instagram!]( [FACEBOOK]( [X/TWITTER]( [Trade of the Day App Banner]( [Monument Traders Alliance] Monument Traders Alliance, LLC You are receiving this email because you subscribed to Trade of the Day. To unsubscribe from Trade of the Day, [click here](. Questions? Check out our [FAQs](. Trying to reach us? [Contact us here.]( Please do not reply to this email as it goes to an unmonitored inbox. Forgot your password? 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