>>>On today’s edition of Power Hour at 1:30 PM ET: Caution is the name of the game with the market near all-time highs, so we’ll do an update and what we’re looking for at these levels, review some trades, plan our next move forward and more!<<<
The Nasdaq has been on a tear since “liberation day,” but I’m seeing signs we could get a healthy rotation into energy stocks.
AI chip leaders like Nvidia (NVDA) and AMD (AMD) are pulling back after news of payments to China, and that could cool off the Nasdaq’s run.
Meanwhile, I’m eyeing Chevron (CVX) and Exxon (XOM) after some big November call buying — about $1 million worth. Volatility in energy is low, which means cheap options for swing trades.
I’m not calling for a crash — timing the market is nearly impossible right now — but I do think a sector rotation is coming.
Here’s what I’m watching this week:
📈 Nasdaq cooling after AI chip pullback
⛽ Energy sector rotation — focus on XLE, CVX, XOM
💸 Big money November calls in XOM
📉 Low volatility in energy = cheap calls
🥗 Cava earnings — will it be 3 for 3 to the downside?
Order Flow:
This is for informational and educational purposes only. These are not official alerts issued by Lance, but rather some interesting orders picked by the team at Lance Ippolito Trading.
When you look at these plays, always take the market maker move into consideration.
You can be right on the direction but still lose money if the stock doesn’t move enough. That’s where the market maker move comes in clutch.
With puts, they’re often downside hedges in case a stock tanks, especially around earnings. The further out of the money they are, the more likely they are to be hedges.
Also be sure and check when the company’s earnings date is because many of the plays we post here are centered around earnings!
And finally, always remember the golden rule when it comes to buying calls: Buy dips, sell rips — and don’t chase!
If a stock’s moved a ton already today, maybe wait for a pullback.
There is inherent risk in trading. Trade at your own risk.
Note: If no date is listed after the month, it’s the monthly expiration (third Friday).
The team at Lance Ippolito Trading
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*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.
P.S. Lance’s 4PM Payout Plan has been on fire for months!
Lance nailed 20 wins last month with his daily setup…
And so far this month, he’s had 0 misses.
If you’d like to see how he’s been exploiting the market for a shot at daily payouts…
