"In Profit Surge Trader, I like to find charts that are doing their own thing aside from index reaction." Nate Bear, Lead Technical Tactician, Monument Traders Alliance Editor's Note: Today is the day. Former Chicago Bears linebacker and professional trader Jon Najarian is going LIVE with our Senior Analyst Chris Johnson today at 2 p.m. ET. Jon has a unique way of using algorithms to trade markets, and we believe his approach is perfect for the current pace of Wall Street. We're excited to show you more of his process in the MTALive Chatroom today. Click here to join this free event today before it's too late. - Stephen Prior, Publisher
Earnings season is here, and I'm looking for setups in Profit Surge Trader. Now, the big story affecting markets yesterday was what's going on with the Greenland/Denmark saga. In short - Trump wants to take over Greenland. But Denmark said they're not going to negotiate with the U.S. This news made the markets a little heavy yesterday. To be clear, I'm no geopolitical expert. I don't know what's going to happen with the current overseas conflict. But when the markets are roiled by news out of my control, I like to find charts that are doing their own thing. And I believe I found a diamond with Burlington (BURL). Here's why I love BURL's chart. Even though the SPY was getting whacked yesterday, BURL is doing its own thing. According to my S.A.M. Scanner, BURL has a perfect 195-minute chart, and the spreads have finally come in. It has three A+ squeezes, plus a 78-minute squeeze. So its momentum is setting up for another big move. Check out its chart below… As you'll see, BURL recently reached a new high. Now it's consolidating nicely. This is exactly the type of chart I like to trade in Profit Surge Trader. A move to all-time highs, plus consolidation, and then potential momentum back upward. Plus, if the indexes turnaround, I believe this BURL chart could go even higher. It's why it's the top chart on my watchlist right now. | 
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