Dear Traders,
Today turned into a fantastic trading day, although it certainly didn’t start that way.
But before we get into today’s market recap, don’t miss tonight’s live webinar with Lenny Winnemuller at 8:00 PM ET.
Lenny will be teaching one of the most effective intraday strategies: the Opening Range Break (ORB) setup. If you’ve ever wondered how professional traders capitalize on the momentum created during the first few minutes after the market opens, this webinar is for you.
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You’ll learn how to identify the right stocks, define the opening range, recognize high-probability breakout opportunities, execute trades with confidence, and manage risk using a structured, repeatable process. Lenny will also walk through real trade examples that you can immediately apply to your own trading.
Like some mornings, I struggled during the opening volatility and couldn’t quite find my rhythm. I lost a few times on NVDA. But the community helped me to make an amazing trade on NVDA and make all the losses back! That’s one of the reasons I make it a point to join our chat room every single day. Even after years of trading, I continue to learn and benefit from our community, and today’s session was another perfect example of why.
Around 10:35 a.m., several traders in the community started calling out the same setup on NVIDIA: a Red-to-Green move combined with our 9:20 Strategy. The conviction from multiple experienced traders caught my attention, and after reviewing the price action, I joined the trade.
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The NVIDIA Red-to-Green and 9:20 setup completely turned my day around. A great reminder that great traders never stop learning from one another.
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The result was an excellent move that completely turned my day around.
This is exactly what makes our community so valuable. Trading can often feel like a solitary activity, but being surrounded by hundreds of experienced traders who share high-quality ideas in real time gives everyone an edge. Even after thousands of trading sessions, I continue to discover opportunities because of the collective knowledge inside our chat room.
I also had a very nice short trade on INTC right at the open.
Using Market Atlas, I noticed that after the initial squeeze, Intel began losing momentum and rolled over below VWAP. At the same time, the broader semiconductor sector, particularly memory names, was showing relative weakness. The combination of sector weakness, order flow, and price action gave me the confidence to take the short.
The trade worked exactly as planned and was another great example of how Market Atlas helps identify high-probability opportunities by combining institutional order flow with real-time market structure.
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Market Atlas highlighted the weakness after the opening squeeze, allowing me to identify a high-probability short on Intel before the move accelerated lower.
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Market Atlas continues to give us a significant advantage by allowing us to see where institutional liquidity is sitting before the move develops.
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Microsoft Earnings and FOMC
Tomorrow is shaping up to be one of the biggest macro days of the summer.
In addition to Microsoft’s earnings, the Federal Reserve will announce its interest rate decision. While most market participants expect rates to remain unchanged, prediction markets have recently priced in a meaningful probability of a surprise rate hike. Although still considered an unlikely outcome, it reflects growing concerns that the U.S. economy has remained resilient, inflation has been slower to return to the Fed’s 2% target, and higher energy prices could complicate the inflation outlook.
Whatever the decision, expect elevated volatility across equities, bonds, and options markets.
I’m also holding a significant long-term position in Microsoft ahead of tomorrow’s earnings.
My core position consists of January 2027 $340 LEAPS, and to generate additional income, I’ve sold $420 and $430 covered calls expiring this week. This strategy, often referred to as a Poor Man’s Covered Call, allows long-term investors to collect premiums while maintaining upside exposure.
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Positioned for Microsoft’s earnings with deep in-the-money LEAPS while generating additional income through Poor Man’s Covered Calls. I’ll be releasing a video soon explaining this strategy in detail.
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I’ll be creating a dedicated video soon explaining exactly how this strategy works, when I use it, and the risks involved.
Today was another reminder that no matter how long you’ve been trading, there is always something new to learn.
Some of my best trades come not from trading alone, but from collaborating with a community of disciplined traders who are constantly sharing ideas, spotting opportunities, and helping each other improve.
Thank you to everyone who called out the NVIDIA setup today. It made a real difference, and I truly appreciate being part of such an incredible community.
See you all in the chat tomorrow.
Andrew Aziz
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