We’re starting to see some signs of life after what has been an ugly and volatile start to the new year...
Strong earnings from big tech leaders Microsoft and Apple helped turn the tide last week.
The good vibes from Friday’s rally carried over into Monday’s trading… along with a little help from a squeeze in several heavily shorted stocks.
The squeeze helped catapult beaten-down online gambling stock DraftKings as much as 7.75% early Monday, scoring a solid 50% win for Weekend Wiretap Alerts in the process!
Not to be outdone, the New Money Crew Weekend Watchlist also crushed Monday’s trading….
All three names moved up on the day with Rivian leading the pack, moving as high as 12.7% — the at-the-money RIVN Feb. 4 $58 strike calls jumped 120%!
Market momentum has cooled a bit Tuesday, but we have another set of big tech earnings catalysts on tap this week… And the fun is just getting started!
3 Horses to Watch Heading Into February’s Earnings Race January 28, 2022
But even with the strong downward moves, the New Money Crew strategies continue to find profits which is why I’m bringing readers 3 fresh tickers for my weekend watchlist!
Why Limiting Risk Is the Key to Trading Volatile Markets January 29, 2022
Buying put options can be an effective way to manage your risk in a position by limiting your losses to a downward move. Of course, there’s a time and place for everything…
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