We’ve held shares of Carnival (CCL) since $66.50. It’s now up to $69.57. While it’s not a big win, it’s still a win. Unfortunately, the stock is beginning to get a bit toppy here. Instead of risking this small win, we’re opting to take if off the table today. With the stock now approaching overbought…
DetailsFor quite some time, brick and mortar stocks have been falling to the wayside. During 2017, big names like Toys ‘R’ Us, Radio Shack, Gander Mountain, The Limited, and Gymboree filed bankruptcy. Investors were unloading shares of retailers in early 2017 causing stocks to plunge. Nordstrom (JWN) fell from a 2016 high of $58 to…
DetailsNot long ago, we recommended buying shares of Merck (MRK) at $55.50, as well as the MRK January 18, 2019 57.50 call, as it traded at $3.25. Just yesterday, MRK exploded to $62.07, sending our calls to a high of $8.05 on the day. We’re recommending that you exit half of each position to secure…
DetailsBy now, most investors have heard of crypto currency, which is a digital or virtual currency that uses cryptography for security and is difficult to counterfeit because of that security feature. Not only can Crypto currency be used for purchases, it can be traded, and some investors are making a killing. In January 2017, the…
DetailsOne of my favorite stocks to watch has been Daqo New Energy (DQ). Every time you think it’s going to pullback and stay down, it just runs even higher. Last week, it ran to a new high of $68.24 and we believe it could run to $75, even $80, near-term. DQ manufactures and sells polysilicon…
Details2017 was one of the best years on record for investors and the stock market. During the year, Dow Jones raced 25% higher, hurtling 70 major milestones. The S&P 500 was up 19%. The NASDAQ soared 28%. In fact, both had their best year since 2013. All thanks to resurgent economic growth, corporate profits, jobs…
DetailsSometimes, the greatest opportunities are hiding in plain sight. Yet, they’re ignored, or “left for dead” out of fear that a sector may be too speculative. Biotech and pharmaceutical stocks are the perfect examples. But only the foolish have ignored the rewards the sector has produced — and will produce. In 2008, I first began…
DetailsSince June 2017, oil prices have rocketed from a low of $42.05 to a high of $62.21. That’s the highest crude oil prices have been since May 2015 thanks in part to OPEC production cuts, which will run through 2018. We’re also seeing strong demand growth in China, too. One of the many stocks that…
DetailsOne of my favorite infrastructure trades is starting to pullback. Instead of risking our current gain on U.S. Steel (X), now up $3 from our $35 entry price, we’re recommending that you sell it here for a win. We have no interest in giving up any wins. Let’s also exit the Micron (MU) stock here. …
DetailsThe U.S. economy is still growing at a healthy pace. While economists had projected 190,000 new jobs in December 2017, the U.S. added just 148,000 for the month, with some of the biggest gains in healthcare (31,000), construction (30,000) and manufacturing (25,000). December 2017 is now the 87th straight month of jobs gains, and leaves…
DetailsOne of the best crypto-related stocks to own has been Overstock.com (OSTK). Even at current prices of $86.90, we believe it’s a bargain, and we’re recommending that you buy the stock at current market prices. Overstock.com, Inc. operates as an online retailer in the United States. The company operates through two segments, Direct and Partner.…
DetailsThe last time we traded Disney, we did explosively well. The December 2017 100 calls returned 44%, as the stock returned 5%. The first half of the January 2018 105 calls returned 100%. And the second half of the January 2018 105 calls returned as much ass 404%. However, it now appears the stock is…
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