Weekly Rundown

 
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!

I want to kick this week off discussing a stock that was recently part of our Sweet Spot Stocks service and it is blowing UP, Nio Inc. (NYSE: NIO).

When we first recommended NIO, it was at the $18-$19 level with a price target of $30 a share — and we're almost there after a massive move this week!

JPMorgan raised its price target from $14 a share (woof, that was low), to $40 a share, saying it could double from where it was trading at. And it's already getting to double.

I've been talking about NIO a lot because it's a cheap alternative in the EV space, and some people call it the next Tesla Inc. (Nasdaq: TSLA). I'll be the first to pump the brakes on that, but I do love this name because it has what I like: a history of being publicly traded since 2018, and it actually has cars out on the road...

Unlike Nikola Corp. (Nasdaq: NKLA), which you guys know I think is a sham company and a total waste of money unless you're shorting it.  

But back to NIO — again, I love it! I've been getting texts and emails nonstop from members crushing it on the options market on NIO calls, and it absolutely exploded this week.

On Tuesday it closed under $22 a share and was trading well above $28 a share on Friday — it's payday, baby!

For Sweet Spot Stocks members, we have a report on NIO in the member section, so be sure and check that out and sign up if you haven't already.

Now, on to some more big winners...

BIG Wins

Now for my favorite portion of this e-letter: celebrating a big win! We bagged a huge 70% winner on Suncor Energy Inc. (NYSE: SU) as part of Josh Martinez's Money Magnet Alerts.  

  • +70.41% on SU (January 15 $12.50 CALL).

Guys, this NEVER gets old, and I expect plenty more profits coming your way! Be sure to sign up for our Money Magnet 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!

Can't Find Any Trades? Here's What to Do...

You've got money in the bank and savings accounts offer you next to nothing for it. So you're ready to put your money to work for you. You've scoured your charts looking for something to invest in but… You're coming up empty.

So what's a trader to do?

Live Trade Profit's Josh Martinez says first and foremost, you must remain disciplined!

Trading is all about duplicating success. Whatever makes you money in the stock market, you should stick to that plan and only do that. If you have no idea what you did to make that money, it's nearly impossible to repeat it.

But the main thing is you have to stay disciplined in the stock market. Otherwise, it's no different than gambling. If you can stay disciplined, it can put you in a position to become a real income earner.

The Tech That Will Kill 5G

Coming in January, a new technology worth $15 trillion will be switched on, and the ongoing 5G rollout will ground to a screeching halt.

It will radically transform our experience of daily life. And investors who take action now could make more than those who got in early with other revolutionary tech like e-commerce, social media and smartphones.

Think about getting in on the ground floor of Amazon.com Inc. (Nasdaq: AMZN) or Apple Inc. (Nasdaq: AAPL)...

James West is going to pull back the curtain on this groundbreaking new tech that will have an immediate impact on your life as soon as it goes live. He'll show you why 5G is already obsolete… and show you this new tech that is poised to take its place.

This new space-based tech is called "Sky-Fi," and James says it's the biggest opportunity to cash in that he's ever seen — as big as the internet!

In fact, Apple has already filed a patent to cash in on this tech. Jeff Bezos is selling $1 billion of his Amazon ownership each year to get a piece.

And Google parent Alphabet Inc. (Nasdaq Class A: GOOGL) has already invested over $900 million.

Space is quietly becoming one of the hottest investment sectors.

So get in early on this new tech!

Following the Money: A $4M Trade on the 'Chinese Amazon'

Follow the money.

You know the saying. Everyone does. It's cliche at this point — but it's also true when it comes to trading. And Joshua Belanger is following the money on an under-the-radar e-commerce company that is positioning itself to be the Chinese Amazon…

And no, it's not Alibaba Group Holding Ltd. (NYSE: BABA).

You see, the money had… big money — about $4.1 million — on November options contracts on JD.com Inc. (Nasdaq: JD), and they rolled it forward into December. And you do that when you want more time for upside.

So JD ticked up to $86 back in early September before coming back down and then rising again in a nice rounded bottom pattern. And the big money had 7,360 contracts for the Nov. 20 expiration, and they rolled the entire thing into the Dec. 18 expiration.

The big money wants this stock to go higher than $80, and the key thing is that there's an earnings event in November. Of course, you don't want to hold options through their expiration.

So if you want to hold through earnings, you should look to use a spread, and try something like the $75-$85 spread, or the $80-$85, or even the $70-$90 spread.  

So this is where the "big money" is going, and it's up to you how you want to position yourself according to how much risk you want to take.

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.


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