WE'RE LIVE! Tom's 60X Target, Tim's Bank Trade, and Warlock Week Begins

Garrett Baldwin

Good morning, Money Morning LIVE family!

Stock futures are in the red this morning as we get ready to kick off another week of live trading at 8:30 AM ET on Money Morning LIVE.

Join the show & jumpin the chat to learn how we're trading the first week of earnings season!

LET'S TRADE!

We have a ton prepared for you this morning, including...

  • Tom's Top Trades: Tom Gentile will be joining the show to talk October seasonality and five straddle stocks on his radar right now. He'll also dig into crypto, and explain why he's calling for a 60x move coming from one big-name digital asset. What's behind the call? Be there at 8:30 to hear it all.

  • Tim Talks Financials: Then, we'll have my banking bro Tim Melvin on the show to discuss what he's expecting from financial stocks as the group gets ready to get earnings season started later this week. Plus, he'll give us a new way to trade his top pick in the regional space - don't miss it!

  • Need VWAP in Your LIfe? For anyone who hasn't experienced the splendor that is VWAP, Kenny Glick will be explaining exactly what the indicator is, and how he's going to use it to rake in big gains today - ahead of National Warlock Day on Wednesday. (If you haven't signed up yet to witness Kenny's big reveal, interrogate your life choices!)

And that's just the first hour... after the open, we keep it rolling with a full hour of Kenny's VWAP day trades, Tom's high-accuracy options plays, Nick Black's NFT news roundup, and my very own Midday Momentum check.

JOIN THE CHAT, LIVE YOUR BEST LIFE

Chart of the Day

Last week, Penny Hawk Chris Johnson suggested Snap (SNAP) could do well once election season comes around because there are less politics on the app compared to other social media. Hey, I can dig it!

Here's where SNAP stands on the charts...

Chart Description automatically generated
SNAP Daily (Via ThinkorSwim)

The shares are still holding near their 52-week highs, with the $70 area acting as support. This price level also served as the stock's previous high before July's earnings bull gap.

More market insight, trade ideas, and chart analysis coming up at 8:30 AM -- make sure you're there!

Talk to you soon!


Garrett Baldwin
Anomaly Trader & Executive Producer, Money Morning LIVE!