The past week was looking all gloom and doom as markets flirted with or fell further into correction territory… And then the squeeze hit in the last hour of trading on Monday, sparking a rally that helped the indexes close slightly in the green, including the Nasdaq climbing out of a 4.9% hole for the day — what a ride! Markets gapped down again Tuesday morning as traders resumed dumping risk as all eyes look to January's Federal Reserve press conference on Wednesday… Case in point, as selling ramped up this past Friday, my Wiretap Alerts strategy decided to roll with it and bought some puts on Pfizer and Comcast. Both options were up handsomely Monday while the market was in the toilet… I definitely sold early, but not before taking a 65% gain on the Pfizer Jan. 28 $52 strike puts! Weekly Blitz Alerts also got in on the game, taking 30% and 40% legs on our weekend watchlist target Moneygram before the afternoon rally on buyout rumors… And even if I had maxed all of those trades, New Money Crew readers who were paying attention to the Blitz Daily had a chance to be in place when lightning hit — bringing home more than nine times their money with our FOURTH stock buyout breakout trade win! |
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