Mastering the Trade daily video Henry Gambell

The Oracle Speaks

ORCL announced earnings today, and it’s been one of the primary focal points of the current market. Market participants want to know if there’s more to the AI theme, or if things could possibly be cooling off. Henry used three different butterflies to trade the binary event and while he doesn’t know where we’ll open tomorrow, he knows you can use these same concepts to set up an earnings trade for AVGO, which is set to report Thursday afternoon.

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Markets at Large Resistance for FOMC

Ever since the markets figured out that rate cuts in December were back on the table, the move has been strongly to the upside. So it seems the move might already be priced in with the indexes at their previous highs. Now we have to see what the markets want to do with the actual news coming out on FOMC Wednesday.