šŸ§Ŗ What I'm Trading...

Plus: Futures slide lower...

Good Morning!

Whether it's futures reacting to inflation data, or GameStop dropping like a rock after weak earnings, Iā€™m here to help you make sense of the chaos and profit from it.

Today, Iā€™ve got a slick swing trade on $TYL thatā€™s ready to pop, backed by solid fundamentals and a clean technical setup. Iā€™ll break it down for you, so you can get in before everyone else does.

Letā€™s get into it šŸ‘‡

šŸŒ” Market Temperature Check

šŸ“Š Futures lower, Trump-Harris debate, CPI ahead - what's moving markets
Stock futures are down, with the market eyeing inflation data and still buzzing from a heated Trump-Harris debate that offered more drama than economic policy. Investors didn't get much clarity on how either would handle things like tariffs or taxes. Meanwhile, GameStop is tanking after announcing plans to issue more shares, despite revenue falling. Oh, and oil is bouncing back, thanks to Gulf supply concerns.

šŸ“‰ GameStop Stock Dives 10% After Surprise Profit but No Growth in Revenue
GameStopā€™s up 40% this year, but after-hours trading tanked the stock 10% following some weak earnings data. Sure, they swung to a surprise profit, but sales slumped 31%, way below expectations. To add to the chaos, no earnings call or future guidance? Classic meme stock madness.

šŸ¤‘ Find it. Trade it. Profit.
Want to up your trading game? My indicator is designed to help you spot profitable trades before they blow up! Whether you're new or experienced, it breaks down market moves, helping you stay ahead of the herd. Try it out and start making smarter decisions. Check it out here: Trading Lab!

šŸ˜„ Bitcoin Slides as Trump-Harris Debate Disappoints Markets
Bitcoin's down 2% to $56,300, and Dogecoin leads the slide with a 4% drop. Meanwhile, crypto ETFs are back on track with $117M in inflows after a rough streak. Oh, and the Trump-Harris drama is still shaking up the crypto world, with Polymarket traders calling Harris the winner of their debate.

šŸ’¹ Supercharge Your Options Trading

Timing entry and exit points accurately is critical in options trading, but market timing can be challenging due to unpredictable price movements.
Youā€™ve heard it beforeā€¦

ā€œDonā€™t beat around the bushā€.
It means to address a topic directly without hesitation or avoiding the main point.
The origins lie in bird hunting during medieval times, although that's a tale for another time.
Youā€™re reading this to become a better options trader, and thatā€™s why I canā€™t wait to show you how to approach your trades directly and without hesitation.
More importantly, to visualize where your trades are going in the next one to three days.
Because thatā€™s the main point, right?
But the two pitfalls of beating around the bush in the markets are getting into position too late, and panic selling.

If steering clear of these pitfalls is your immediate priority, then bring a few of your ticker symbols because you donā€™t want to miss this.

šŸ“ˆ What Iā€™m Trading

$TYL Swing Trade

The Play

  • Entry: $596

  • Stop Loss: $555

  • Strategy: Flat base breakout

This trade setup for Tyler Technologies ($TYL) is as clean as it gets. We're eyeing a breakout from a strong flat base, signaling a potentially explosive move. This is a classic swing play, with tight risk control at $555, giving you a solid risk-to-reward ratio. Watch for strength around $596 to ride the wave upwards. Weā€™re all about catching these moves before the FOMO crowd jumps in. Time to surf the momentum.

The Catalyst

Tyler Technologies just announced a strategic partnership with Envisio, a performance management software company. The collaboration is a game changer for local government budgeting, offering a more efficient way to manage priorities and report on community outcomes. This could seriously strengthen $TYLā€™s position in the public sector tech space. With this news, the stockā€™s poised to capitalize on fresh interest from institutions looking for a strong growth story. Timing couldnā€™t be better with the technical setup already in motion.

Our Take

This is a buy. The breakout setup is solid, backed by bullish momentum thatā€™s been building for weeks. Take a look at the weekly chartā€”$TYL is coming off a period of consolidation, testing that $596 resistance level. The moving averages are stacked in our favor, with volume increasing as we push towards a breakout. The base has formed perfectly, and now, with the catalyst of this new partnership, it's likely weā€™ll see continuation above $596. Plus, Tyler Technologiesā€™ expansion into government budgeting adds fundamental backing to this technical play.

Don't sleep on this one. This is the kind of setup we talk about in TradingLab every week, and we're hitting it again. If you're not already in the community, what are you waiting for?

We've got trades like this lined up, and it's time you joined the conversation.

āœ TL;DR

  • Futures Down: Markets await inflation data, reacting to a heated Trump-Harris debate with little clarity on economic policies.

  • GameStop Tanks 10%: Despite a surprise profit, weak sales and no guidance trigger a 10% drop in after-hours trading.

  • Oil Rises: Gulf supply concerns push oil prices back up.

  • Crypto Slips: Bitcoin down 2%, led by Dogecoinā€™s 4% drop, with crypto ETFs seeing inflows post-debate drama.

$TYL Trade

  • Entry: $596

  • Stop Loss: $555

  • Strategy: Flat base breakout
    Tyler Technologiesā€™ partnership with Envisio strengthens its position in public sector tech. The stock is set for a breakout from a flat base, and the fundamentals support the technicals. This is a buy with momentum building and a breakout likely above $596.

Stay ahead, stay informed, and most importantly, stay profitable.

ā€˜til next time,

TradingLab