A Potential Double Top for Chip Stocks

[] That and more this morning’s “Premarket Must Watch” video! To view this email as a web page, go [here.]( To view this email as a web page, go [here.]( [] [] [] [ON DECK FOR TODAY’S VIP TRADE ROOM:]( Monday-Wednesday: noon ET | Thursday-Friday: 11 a.m. ET Earnings, global markets and weakest sectors. Is the Nasdaq set to plunge and what’s the next major catalyst? China stocks and the most bullish, bearish names right now! [JOIN US HERE!]( [] _________________________________________________ [] [] Double Top for Chip Stocks? DIS, BABA, WYNN, PYPL Earnings, My Sector View and Morning Hit List! Markets don’t appear particularly bullish and one of the things I look at in times like this is the number of stocks making 90-day breakouts and breakdowns… And the stocks breaking out versus breaking down is 150-9. This tells me things are getting “toppy” and [that we need to see more downside pressure.]( The market needs a rhythm in order to start making new highs, and the rhythm right now is out of whack and likely to soon revert lower. Markets will open flat or close to it, and here’s a little pro tip… If you’re looking to go long, that’s harder to do when markets open higher. If you’re looking to go short, you want the market to go higher. If either of these things happens, it’s a higher-probability trading environment. You probably know that chip stocks have been absolutely on fire, but has a double top formed in the sector ETF (SMH)? This is making me nervous… I’ll cover all that and more in this morning’s “Premarket Must Watch” video! [That and More in Today’s ‘Premarket Must Watch’]( [] [] _________________________________________________ [] Get My No. 1 Stock for 2024… and more! At 1 p.m. Eastern today, I’ll share my No. 1 stock for 2024 during a live event for my Trading Pit! We just crossed the 100-win line on Tuesday, and we did it in under three months with a win rate better than 95%! While I can never promise future gains or against losses, I feel like we’re just getting started… Want in on the day and swing trading action, powered by the most advanced trading software I’ve ever developed? [Just Go Here and Meet Me at 1 O’Clock!]( [] *Stated results are from hypothetical options applied to real published trades from 10/30/23 - 2/2/23. The result was a 95.1% win rate, an average return of 13.7% including winners and losers and average hold time of less than 24 hours. Performance is not indicative of future results. Trade at your own risk and never risk more than you can afford to lose. [] ________________________________________________ [] Today’s Top S&P 500 Sectors Today’s S&P 500 CSI Leaders Communication Services (XLC) Nvidia Corp. (NVDA) Technology (XLK) Advanced Micro Devices (AMD) Financial (XLF) Meta Platforms (META) [] _________________________________________________ [] 🎥 LIVE TRADE ROOM ACCESS 🎥 Join me and dozens of traders each day inside my [LIVE VIP Trade Room!]( Each day, we analyze the markets together, build relationships and, more importantly… go over market education and new trade ideas! With the VIP Trade Room, you’ll have the opportunity to multiply your trading knowledge and confidence as quickly as possible. I’ll take the time to answer all of your trading questions, so fire away! Make sure to join us LIVE each day! SCHEDULE: • Monday-Wednesday: noon to 1 p.m. ET • Thursday-Friday: 11 a.m. to noon ET. JOIN US HERE: [] _________________________________________________ [] CUSTOMER STORY OF THE DAY Roger, I remember after you first announced as the Active Trader, most of the new members posted that they paid for the entire subscription with 1 week to 1.5 weeks. And many included VIP membership within 2 weeks. I loved learning about the market with your insights that you give us as well in this channel! You can not put a price on this. — Deb [] _________________________________________________ [] [] Follow along and join the conversation for real-time analysis, trade ideas, market insights and more! • Telegram:_vmfwkeP8fA5YWQ5 *This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. [] Join the Conversation Give us a follow on your social media platform of choice, and make your voice heard! [] [] [] [ON DECK FOR TODAY’S VIP TRADE ROOM:]( Monday-Wednesday: noon ET | Thursday-Friday: 11 a.m. ET Earnings, global markets and weakest sectors. Is the Nasdaq set to plunge and what’s the next major catalyst? China stocks and the most bullish, bearish names right now! [JOIN US HERE!]( [] _________________________________________________ [] [] Double Top for Chip Stocks? DIS, BABA, WYNN, PYPL Earnings, My Sector View and Morning Hit List! Markets don’t appear particularly bullish and one of the things I look at in times like this is the number of stocks making 90-day breakouts and breakdowns… And the stocks breaking out versus breaking down is 150-9. This tells me things are getting “toppy” and [that we need to see more downside pressure.]( The market needs a rhythm in order to start making new highs, and the rhythm right now is out of whack and likely to soon revert lower. Markets will open flat or close to it, and here’s a little pro tip… If you’re looking to go long, that’s harder to do when markets open higher. If you’re looking to go short, you want the market to go higher. If either of these things happens, it’s a higher-probability trading environment. You probably know that chip stocks have been absolutely on fire, but has a double top formed in the sector ETF (SMH)? This is making me nervous… I’ll cover all that and more in this morning’s “Premarket Must Watch” video! [That and More in Today’s ‘Premarket Must Watch’]( [] [] _________________________________________________ [] Get My No. 1 Stock for 2024… and more! At 1 p.m. Eastern today, I’ll share my No. 1 stock for 2024 during a live event for my Trading Pit! We just crossed the 100-win line on Tuesday, and we did it in under three months with a win rate better than 95%! While I can never promise future gains or against losses, I feel like we’re just getting started… Want in on the day and swing trading action, powered by the most advanced trading software I’ve ever developed? [Just Go Here and Meet Me at 1 O’Clock!]( [] *Stated results are from hypothetical options applied to real published trades from 10/30/23 - 2/2/23. The result was a 95.1% win rate, an average return of 13.7% including winners and losers and average hold time of less than 24 hours. Performance is not indicative of future results. Trade at your own risk and never risk more than you can afford to lose. [] ________________________________________________ [] Today’s Top S&P 500 Sectors Today’s S&P 500 CSI Leaders Communication Services (XLC) Nvidia Corp. (NVDA) Technology (XLK) Advanced Micro Devices (AMD) Financial (XLF) Meta Platforms (META) [] _________________________________________________ [] 🎥 LIVE TRADE ROOM ACCESS 🎥 Join me and dozens of traders each day inside my [LIVE VIP Trade Room!]( Each day, we analyze the markets together, build relationships and, more importantly… go over market education and new trade ideas! With the VIP Trade Room, you’ll have the opportunity to multiply your trading knowledge and confidence as quickly as possible. I’ll take the time to answer all of your trading questions, so fire away! Make sure to join us LIVE each day! SCHEDULE: - Monday-Wednesday: noon to 1 p.m. ET - Thursday-Friday: 11 a.m. to noon ET. JOIN US HERE: [( [] _________________________________________________ [] CUSTOMER STORY OF THE DAY Roger, I remember after you first announced as the Active Trader, most of the new members posted that they paid for the entire subscription with 1 week to 1.5 weeks. And many included VIP membership within 2 weeks. I loved learning about the market with your insights that you give us as well in this channel! You can not put a price on this. — Deb [] _________________________________________________ [] [] Follow along and join the conversation for real-time analysis, trade ideas, market insights and more! - Telegram:[_vmfwkeP8fA5YWQ5](_vmfwkeP8fA5YWQ5?mobile=1) *This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. [] Join the Conversation Give us a follow on your social media platform of choice, and make your voice heard! [] ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. The TradingPub provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from The TradingPub are for your informational purposes only. Neither The TradingPub nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. The TradingPub is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by The TradingPub 101 Marketside Ave, Suite 404 PMB 318 Ponte Vedra, Florida 32081, United States [Roger Scott]( [] ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. The TradingPub provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from The TradingPub are for your informational purposes only. Neither The TradingPub nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. The TradingPub is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by The TradingPub 101 Marketside Ave, Suite 404 PMB 318 Ponte Vedra, Florida 32081, United States [Roger Scott](