The 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…
DetailsOil is a fickle beast. Throughout 2017, oil prices have rallied and stumbled more times than most of us care to remember thanks to global supply and demand issues. All thanks to supply-demand imbalances, and hope. However, there are two ways to spot when and where oil could pivot and turn. One way is to…
DetailsIt shouldn’t be this easy to make money. We have two more winners to take off table today, including half of the IRBT April 20, 2018 67.50 calls, which already ran from $3.80 to $5.05 in two days. We’re also recommending that you sell to close half of the FDX March 2018 250 calls for…
DetailsSince the passage of massive tax cuts just before the end of 2017, companies in the U.S. have announced $171 billion worth of stock buybacks in the first couple of months of this year. That’s a record high and more than double the $76 billion that corporate America saw for most of 2017, according to…
DetailsNot too long ago, we recommended buying the IRBT stock (at $63.80) and the IRBT March 16, 2018 65 call options (at $3.05). At the moment, the stock is up to $67.15. That gives us a win of 5%. Let’s continue holding the stock. The calls are now up to $4 for a win of…
DetailsApparently, Donald Trump has the Midas touch when it comes to the stock market. Infrastructure, cyber security and even defense stocks have benefitted from bills he has signed, or even potential bills he is promoting. For example, in mid-2017, nearly all defense stocks rallied after the President inked a weapons deal with the Saudis worth…
Details