🧭 SPY Daily: A True Sniper’s Approach

Dear Trader, Alright, there’s a lack of ‘hot stock picks’ out there right now. But there’s nothing wrong - and everything right - with doing ONE phenomenon in the market (while doing it very well). Too many traders overcomplicate their trading. And to be honest, I was guilty of doing so when I started trading from my college dormitory. Today I spend zero minutes per year scouring social media or boring watchlists trying to hunt down ‘the next big idea.’ Because I’m trading - literally - the BIGGEST idea in the world in the SPDR S&P 500 ETF (SPY) via legendary SPY trades of the day. I’m telling you, simplicity is a game-changer. If it weren’t, Market Navigator wouldn’t be the powerhouse it is today. And I want to show you exactly why by walking you through ONE straightforward trade. (Of course, I’ll throw in a gameplan as well.) Now is not a time to be overtrading. It’s saddening to say that traders who loaded the boat with value stocks and up-and-coming trades have paid dearly for doing so thus far through 2022. I’ve found it’s best to stay within your comfort zone and strike when the iron is hot—zero overtrading required. That’s why I continue to be a sniper with my trading by narrowing down the entire stock market to the Market Navigator trade of the day. (Alerted in real-time in my live trading room.) I mean, the other day, we saw a 600 point downside swing in the markets. Many traders were caught off guard and cut loss after loss. But I saw that as an opportunity, not a cause for concern. That’s why I did this when the Market Navigator trade of the day signal presented itself: You can see why keeping it simple in a complex market is advantageous. And this isn’t some “one trade” example. Trades of the day are my day-to-day: Point is muting all the noise in the market and focusing on precise, high-quality, liquid trading opportunities has its fair share of benefits—in any market condition. Isolating those ideas is what members can expect every morning at 9 am ET in the Market Navigator trade of the day. Ahead of today’s session, let’s focus on an economic calendar as we gear up for a day that is sure to be jam-packed with headlines around one of the hottest topics in the market; inflation. Inflation is a topic both consumers and the Federal Open Market Committee take seriously. No one enjoys spending more than necessary on essential consumer goods, and part of the Federal Open Market Committee’s job is to control pricing. I expect inflation headlines to move markets unless they come in as expected, and therefore, I’ll be ready to act on today’s trade of the day with intelligence—no guessing necessary. But a potentially market-moving catalyst is not a justification to take my eyes off of the technicals… …which is why I’ll present you with today’s chart of the day, SPY’s weekly chart. Shown in red on the chart above is SPY’s weekly 50-moving average. SPY is trading slightly below it as I’m typing, making it a resistance level. Buying into resistance is a risky business, and high-risk setups are some of the last ideas you'll see me presenting to traders I teach. I want to take this opportunity to request that you set aside any concerns you may have. Market Navigator trades of the day are - hands down - the finest trades for every trader to learn from (regardless of your experience). As your teacher, I will welcome you with open arms and support you every step of the way. You simply need to commit so I can teach you (and send you daily trade of the day alerts). Think simple, Davis Martin RagingBull, LLC 62 Calef Hwy. #233, Lee, NH 03861 [Unsubscribe from all RagingBull emails]( 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. AnyRagingBull Service offered is for educational and informational purposes only and should NOT beconstrued as a securities-related offer or solicitation, or be relied upon as personalizedinvestment advice. RagingBull strongly recommends you consult a licensed or registered professional before making any investment decision. RESULTS PRESENTED NOT TYPICAL OR VERIFIED. 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