Virgin Galactic (SPCE, $17.21 down $1.91) SPCE April 15 calls (SPCE200417C00015000, $4.80, down $0.70) Entry Price: $0.50 (1/7/2019) Exit Target: $7.50 (closed half at $2.50 on 1/15/2020) Return: 650% Stop Target: $5 (Stop Limit) Action: The Stop Limit at $5 tripped on Friday’s continued weakness in the stock.
Category Archives: Hot Stocks
The Industrials Select Sector Spider (XLI) was higher for the first time in 3 sessions despite kissing an intraday low of $81.18. Current and upper support at $81-$80.50 was challenged but held. A close below the latter and the 50-day moving average would be an ongoing bearish development with additional risk towards $79.50-$79 and the […]
Bulls Close 2019 on a High Note 8:00am (EST) The market traded on both sides of the ledger before finishing higher to wrap up the last trading day for 2019. News that President Trump will be signing the phase one trade deal with China on January 15th helped sentiment along with better-than-expected housing numbers. The […]
Twitter (TWTR, $30.91, down $0.26) TWTR January 30 calls (TWTR200117C00030000, $1.90, down $0.20) Entry Price: $1.05 (11/15/2019) Exit Target: $2.10 Return: 81% Stop Target: $1.80 (Stop Limit) Action: Upper support at $30.75-$30.50 held on Friday’s fade to $30.78. Resistance is at $31-$31.25.
The iShares 20+ Year Treasury Bond ETF (TLT) was down for the 2nd-straight session after tapping a low of $139.78. Near-term and upper support at $140.50-$140 was breached and failed to hold. A close below the former and the 50-day moving average would be an ongoing bearish signal with downside risk towards $138.50-$138. Current resistance […]
Join NOW… 1 month – $129 3 Month – $261 6 Month – $462 1-year – $924 (BEST DEAL!) ================ Pfizer (PFE, 38.21, up $0.93) PFE December 37 calls (PFE191220C00037000, $1.60, up $0.45) Entry Price: $0.75 (10/21/2019) Exit Target: $1.50 Return: 112% Stop Target: $1.40 (Stop Limit) Action: Set a Stop Limit at $1.40 to start protecting […]