"COST is a textbook example of how safe-haven plays behave in the market." Bryan Bottarelli, Head Trade Tactician, Monument Traders Alliance Editor's Note: We're just two days away from debuting our newest AI-developed trading tool "Cash Code X." Bryan has been using this proprietary new software tool to close a series of winners - despite the intense market volatility - which is why we're excited to show you exactly how to start using it yourself - for FREE - this Wednesday." Click here to sign up for the "Cash Code X Masterclass" today. - Ryan Fitzwater, Publisher
When Washington causes chaos, safe-haven stocks can move in a hurry. Take consumer staple Costco (COST), for example. Last week, as the shutdown was about to end, I alerted Trade of the Day readers to COST. I was convinced that the end of the shutdown would reignite consumer confidence in staple retailers. My prediction came true less than 24 hours later. COST surged $12 the next day. This is a textbook example of how safe-haven plays behave in the market. Not only did I call this COST move, my Cash Code X indicator was tracking it as well. Here's Cash Code X on COST's 30-minute chart below… You'll see how the AI-developed software gave me a grew arrow indicator to signal a "buy." NOTE: The green arrow (circled above) shows where the buy opportunity was. When you know how the market moves - and you have the software to back you up - you can develop bulletproof confidence in your trading. This is why Cash Code X is such a powerful indicator. And COST is just one example of how Cash Code X can detect moves in the market. |
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