Editor’s Note: As the employment slowdown continues across the U.S., pressure is mounting on Federal Reserve Chairman Jerome Powell.
Yesterday, the Bureau of Labor Statistics revised down the number of jobs created from April 2024 to March 2025 by 911,000!
That’s an average of 76,000 fewer jobs than initially reported per month for almost a year.
Talk about missing the mark.
Now, all eyes will shift to next week’s FOMC to see what Powell will do. His decision on rate cuts could have a huge impact on the markets going forward.
To help you prepare, our tacticians Bryan Bottarelli and Karim Rahemtulla will be hosting a Powell vs. Trump Watch Party at 1 p.m. on Sept. 17. They’ll show you they plan to adjust in what could be a big aftershock.
– Ryan Fitzwater, Publisher
One company I’ve been following for a while is Crocs (CROX).
They may produce some hideous looking shoes, but I see people wearing them everywhere I go. Plus, its chart was setting up nicely for a trade.
As you’ll see above, CROX had a large gap down in early August.
When I see a gap like this on a proven company like CROX, it screams “Wall Street overreaction.”
I loved the possibility of a gap-fill up to $95. So I got positioned in The War Room and then rolled the August calls into the September calls to maintain that upside bias.
After two weeks, CROX moved into the profit zone and I closed for a 19% winner in 14 trading days.
But I was just getting started…
Entering September, the markets pulled back again, and CROX was still filling its gap. So I got in again and closed for a 12% winner in less than 1 trading day.
Two days later, another pullback happened and I got back in for a gap fill above $90. This led to another 19% winner in 1 trading day.
And most recently, I played CROX off its $85 support on another pullback and closed for one more 19% winner in less than 1 trading day.
The lesson here is: when you find a gift gap stock like CROX that’s predictable on pullbacks, it opens up the possibility for multiple winning buy opportunities.
It’s why I love Gift Gap trades are one of my bread-and-butter strategies.
Action Plan: Since the gap formed on CROX in August, I’ve closed 4 winning trades for a 100% win rate on the ugly shoe company in The War Room.
Right now it’s testing its $85 support level. So I’ll be watching for another entry this week.
To start learning gift gaps for your own trading, I invite you to join Karim and I today.
Click here to get access to all my trade alerts in The War Room.
P.S. Next week, Karim and I are hosting a FREE watch party for the FOMC announcement. The tensions between Powell and President Donald Trump are about to boil over, and we’ll be here to show you how to prepare for a potential market aftershock.