After taking a considerable amount of winners off the table, we wanted to take a breather today and see how you are? What do you think of the trades? How have you done with winners? If you have any suggestions on what you’d like to see featured, let us know. We’re happy to oblige. This…
DetailsNow that the reins of the Federal Reserve (Fed) have been handed to Jerome Powell, there are concerns the bankers will aggressively hike interest rates. And it has many on Wall Street terrified of a potential market downturn. That’s because higher interest rates could pull cash out of the stock market into bonds. It also…
DetailsFutures are showing signs of a big decline this morning on news that Wall Street-friendly Gary Cohn just resigned as the White House economic advisor. Unfortunately, it appears that a clash over the steel and aluminum tariffs may have played a role here. Should the market begin to push lower, one of the safest assets…
DetailsThe opioid crisis is one of the worst epidemics to hit the United States. At any given time, it’s been reported that more than 2.4 million Americans abuse opioids. A December 21, 2017 AP article noted that deaths from drug overdoses skyrocketed 21% in 2016. Two-thirds of those drug deaths – about 42,000 – involved…
DetailsLive Nation Entertainment (NYSE:LYV) is a global entertainment company formed after a merger between Live Nation and Ticketmaster. It owns, leases, operates and has booking rights and, or interests in a large number of U.S. venues. We had a position at $27.80 and were just stopped out at $44. However, it recently pulled back to…
DetailsThe other day, we made note of two marijuana related trades we believe could push higher, including ETFMG Alternative Harvest ETF (MJ) and Cronos Group (CRON). Analysts now believe Canada could have nearly four million recreational marijuana users, creating a monstrous $4.5 billion industry. Granted, the country did delay approval of marijuana from July 2018…
DetailsWith markets going a bit haywire, we still have wins to take off the table. A while ago, we recommended buying the CCL April 20, 2018 67.50 put, which traded at $2.20 at the time. With a pullback, the put is now at $3.15. Take the win. Let’s also sell the IRBT stock here for…
DetailsMargin trading always carries risk. Buying on margin, means you’re borrowing money from your broker to allow you to purchase more stock than you normally could. In short, it provides the average investor with sizable leverage to buy on someone else’s money. Unfortunately, it comes with sizable risk. One of the biggest problems with trading…
DetailsSometimes, the greatest opportunities are hiding in plain sight. Yet, they’re ignored out of fear that a sector may be too speculative. Biotech and pharmaceutical stocks are the perfect examples of a sector that many are afraid is too speculative, but savvy investors recognize the rewards this sector has produced — and will produce. Our…
DetailsBOOOM!! Our ETSY positions exploded on earnings. When we first opened a trade on the ETSY June 20, 2018 20 calls, the option traded at $2.40. It’s now above $5.75, as the underlying stock rockets higher by more than $4.25 a share. That’s after the company posted fourth quarter net income of $44.8 million, or…
DetailsJust weeks ago, we recommended buying shares of Douglas Dynamics (PLOW), as it traded at $39.25. The stock is now up to $44.15 where we are recommending that you take your win. Shares of PLOW soared more than $6.10 on Tuesday after reporting that quarterly sales were up 6% to $138 million, which was above…
DetailsIn January 2018, crude oil prices slipped from a high of $66 to $58 as fears of repeat “drill baby, drill” mentality from U.S. shale producers, which once flooded the market and brought prices down, were again becoming palpable. However, this month oil prices have recovered somewhat to $63. Part of the reason for that…
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