This week is punctuated with NVDA earnings after the bell on Wednesday, capped off into a long Labor Day weekend leading us into September. What happens with NVDA could determine an intermediate term trend, up or down, so there is a chance we will be looking at a "Big Picture" trade to carry us into what is traditionally the weakest month of the year. Stand-by for that. Meanwhile, two notable portfolio movers need mentioning this morning. First RKLB, which was highlighted in the PRO Service on August 18: Focus on RKLB. Updating the chart, we see a high confidence chart pattern. The last Wave 5 Buy, on April 28th, resulted in the stock rising from $22 to $53 in three months. RKLB We are holding this position into Sep expiration, subject only to the trailing stop taking us out of some to all of the calls. For new subscribers looking to participate in the indicated Wave V run higher, here are the three best looking "new capital" calls and current rollover candidates: RKLB Oct Calls Highlighted Call = Oct $55 Next, GEOS, our newest pick from the weekend is breaking out this morning, allowing us to move up stop. GEOS New Pick From Weekend Update Due to today's move up in share price, move stop up to break-even on calls, reducing risk on this trade to zero.
