1 ‘Below the Radar’ Stock for 2021

 
January 2, 2021
 
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In the past month alone, you could have had massive winners by purchasing two $4.50 options on DocuSign — a $900 investment — walking away with $15,350

Or two options in Adobe for $1.80… Chuck walked away with $12,734!

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Looking Back Before We Look Ahead
The ball dropped this week and we can finally put 2020 in the rearview. But before we look toward 2021, it's important to know where we've been and do a proper 2020 stock market review.

My good friend, WealthPress Head Trader Roger Scott, and I sat down for our final mid-week roundtable of 2020.

The year — and the world — were rocked by the COVID-19 pandemic and set on a course we couldn't have imagined.

So what surprised us about 2020? What trends will continue? And of course, what can we expect from 2021?
End Your Year the Right Way
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Avoid Making This
Costly Options Mistake
Options trading can be a smart way to take advantage of the stock market's price action, as it offers a cheaper way to go long or short on stocks while limiting your downside risk.

But invest in options without a game plan and you may end up losing a significant amount of money before you even have time to blink.

We often get asked what separates successful and unsuccessful options traders. And in our humble opinion, it comes down to knowing how to manage your profits.

Most people spend a lot of time determining when they should get into their positions. But figuring out when to exit those trades is just as important — regardless of whether or not they're going in your favor.

This seems obvious when a trade suddenly moves against you, but it becomes more difficult to remember when you're sitting on a huge gain.
Learn How to Avoid This Mistake
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1 'Below the Radar' Stock for 2021
As we look to 2021, one thing that keeps me up at night is the speculative fervor we're seeing in the stock market. It's really easy to make money right now — too easy. And that's actually a problem…

So I like to keep some "below the radar" stocks for 2021 in my watchlist that aren't everyone's favorite picks quite yet.

And I have one in mind that I see rising 50% in 2021.

Of course, it doesn't mean a below-the-radar stock like that can't go down. But if I've done my homework correctly, this stock has a shot at outperforming if the market keeps going higher. And if things head south and the bubble bursts, this stock might go down less than more highly speculative ideas.

So what kind of "below the radar" stocks would I look at?
Let's Find Out
 
"Another good session today, thanks guys. I like the way you are presenting it step by step, keeping it simple."

Ritz V.H.
A Double Top is a chart pattern, characterized by two consecutive peaks in price. The double top looks like the letter "M" and signals a potential bearish reversal of an established uptrend.

 
 
Disclaimer:
The material in this document is for informational purposes based on our proprietary research. It is not an offering, specific recommendation, or a solicitation of an offer to buy or sell any securities mentioned or discussed herein.

Any performance results discussed herein represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment.

Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio. Any investment results set forth in this document are not net of expenses and execution costs, nor do they account for other relevant trading or investment fees. Please visit wealthpress.com/terms for our full Terms and Conditions.
 
 
                                                           

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