| | | | NEW MONEY CREW
WEEKLY RUNDOWN Hey, traders, Lance Ippolito here. Welcome to this edition of the Weekly Rundown, where we'll share some of our top trading ideas — and our biggest winners — from the New Money Crew!
Give me a hell yeah if your account is hitting new 52-week highs! The market went down for a little bit but even without stimulus, we're right back up and it almost seems like we don't even need it…
And I love it!
For Free Riders members, I gave away two stocks — completely free — and this is why you should attend the live webinars:
Stock No. 1 was my good friend Trillium Therapeutics (Nasdaq: TRIL). And this little piggy went from $10 a share to well above $15 by Friday's close — just one week after I mentioned it. And we have a report on this stock in the Free Riders member section as a stock you may want to buy and hold.
And the second one is Ocular Therapeutix Inc. (Nasdaq: OCUL). This stock is up about 40% the past week alone, and it's worth well over $11 a share now.
Great news after great news, and I love to see our members making money! Our stocks — not to mention our options trades, which are also kicking ass — are shooting straight up.
October is hot, hot HOT for the biotech sector, and there's still time to get in and join the Free Riders club. The full reports on these stocks are in the members section.
These two stocks were given away totally free and they're up 50% and 30% — imagine what I'm sending my paid-up members!
Now, on to some more big winners...
BIG Wins
As if that wasn't big enough news, we had a few more big options winners this week as part of my Weekly Blitz Alerts service, which is also reeling in amazing profits for our members.
We closed the first half of an option on Cloudflare Inc. (NYSE: NET) for a 50% gain on October 5. Three days later on Oct. 8, we sold the second half of the trade for an additional 77% gain!
- +76.92% on NET (October 16 $43 CALL).
We also locked in a 55.56% win on the first half of an option on Axalta Coating Systems Ltd. (NYSE: AXTA) last week. This week, we bagged a 100% gain on the second half!
- +100% on AXTA (October 16 $24 CALL).
And as if that wasn't enough, we hit our 50% profit target last week on Xerox Holdings Corp. (NYSE: XRX), and then snagged a 125% profit on the second half this week!
- +125% on XRX (October 16 $18 CALL).
Guys, this NEVER gets old, and I expect plenty more profits coming your way! Be sure to sign up for my Weekly Blitz Alerts service and celebrate these big winners with us!
If you have a big score you'd like to share with your fellow New Money Crew readers, email us at wptestimonial@gmail.com!
All Eyes on the 'Nasdaq Whale'
There's a whale in our midst; a market-moving whale. Joshua Belanger took aim at this Moby Dick of the Nasdaq, or "Nasdaq Whale," as Wall Street has dubbed him.
This whale's made huge waves over the past couple of months, betting billions of dollars in stock options on big names like Amazon Inc. (Nasdaq: AMZN), Google parent Alphabet Inc. Class A (Nasdaq: GOOGL), Microsoft Corp. (Nasdaq: MSFT) and Tesla Inc. (Nasdaq: TSLA).
In fact, this whale, who is reportedly SoftBank founder and CEO Masayohsi Son, could be responsible for pushing the Nasdaq up 60% from April through September's record-setting run. Word on Wall Street is the whale has made in the neighborhood of $4 billion dollars… and now they are positioning themselves for even more upside…
So how can you profit off these market-moving trades?
Let's take a look at STMicroelectronics NV (NYSE: STM), where this whale is creating what's called a "squeeze." Big buyers are coming in and placing out-of-the-money calls, which has helped push STM up to $33 a share. They were positioning themselves for $35 and right now, Josh says, they're trying to squeeze it up to $40 by November, which is quite the move.
What's happening is the whale is closing October 16 contracts at a loss in order to roll them into November, buying more time. Sometimes you do this to manage a position instead of just letting it go to zero. You take a loss up front in hopes of making a lot more on the back end.
Now, the probability of this stock hitting $40 by the November 20 expiration is just 19%. So one way to position yourself in this trade is to do a call spread.
You buy the $35 call at $1.15 while selling the $40 call. The max you can make is $5 (the width of the spread) minus $1.15, which equals a profit potential of $3.85. So you can take that $1.15 and make two to three times your return on a position like this.
And that's the beauty of options.
How to Stay Ahead of the Next 'Fear-Driven Reaction'
While some of you are whale watching, Live Trade Profit's Josh Martinez took a deep dive into the biggest news of the past week-plus: President Donald Trump testing positive for COVID-19… and exactly how that will impact the Nasdaq moving forward toward the election.
No, we're not going to get political here. We don't much care about politics per se. But of course we do care about how headlines and the news affects our portfolios.
And the Nasdaq has been greatly affected by this news. So how do you react when volatility comes rushing in — with a presidential election also around the corner?
Sure, reports of Trump's health have been largely positive so far. And he hasn't stopped tweeting for days now…
But what if things suddenly take a turn for the worse?
According to Josh, that's when we could see what's called a "fear-driven reaction," where we see sharp, bearish moves down. And the only way to protect yourself from fear-driven reactions is risk management.
The market is moving in waves and we are in the middle of an up channel that is relatively new. When the market hits the bottom of the channel, it rallies to a new high — and the top of this channel is perfect — and then falls.
So when we hit that top line, we treat it with a lot of respect and do some profit taking. The bottom-channel support is just starting to become structured, but ultimately still developing.
Right now, the market is on its way to a top new level. You can take a buy-and-hold approach with an E-mini futures contract. Buy at the bottom and sell at the top of the channel, which is about 1,000 ticks. With an E-mini contract, 1,000 ticks is about $5,000 in potential returns, and about $500 with micro e-mini contracts.
E-minis are mostly traded on the Chicago Mercantile Exchange.
Because the market is moving in waves and the distance it moves is so large, it may not be a bad idea to use your favorite entry strategy, which can further lower your risk.
Tap Into Josh Martinez's 'Money Magnet' Trades… for Just $5
Keeping with Josh Martinez, what if you knew the exact price point a stock would hit with up to 95% accuracy? Josh has traded his own account for decades now and he's trained thousands and thousands of people how to trade just like him through his videos and informational pieces like you just read above.
Through his decades of experience and work, he's discovered a set-it-and-forget-it strategy that can reel in profits of $17,986 on a $10,000 investment — every month.
And on top of that, he has a seemingly impossible 95.45% strike rate.
That means when you place a trade, you can watch as the stock drives straight into your profit target for BIG gains like it was pulled by a "magnet." And, yes, it happens over 90% of the time.
Josh's Money Magnet system tells you when to buy and when to sell so you can set your trades and walk away. The full Money Magnet suite is built for day traders…
But for most people, all you need is Money Magnet Express, where Josh sends you one trade a month, and you set it and forget it…
… and it will only cost you $5.
That's it… $5.
Click here for more information on Money Magnet.
Signing Off
If you're looking for more compelling trade ideas and stock market musings to read and help you prepare for what lies ahead, here's what other experts at WealthPress are saying:
Lance Ippolito
New Money Crew |
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Disclaimer & Disclosures: The information in this email is intended for informational purposes only and does not guarantee specific results as there is a high degree of risk involved with trading. Also, our traders are real traders and may have financial interests in the companies discussed. Please see our Terms and Conditions for more information.
Past performance is no guarantee of future results. There is a high degree of risk involved in trading. For our full disclaimer, visit here.
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