Your Almost Daily Bit of Wall Street Wit & Wisdom

be prepared

h/t John Lee Post

“Over prepare.  Do the work with intensity and focus – it’s that attitude that starts attracting people/opportunities.  You start believing in yourself.  You start accomplishing things you weren’t supposed to accomplish.”
— Ian Cassel, @iancassel

I was not a Boy Scout, but I believe they’ve got a good motto, “Be Prepared.”

You should have a complete game plan for each trade.  You know what to do if you’re right and what to do if you’re wrong.

You are in a state of readiness so that surprises don’t surprise you.  Negative surprises won’t take you out.  You’ll be there to reap the rewards when positive surprises come your way.

Have a great weekend!

Best regards,

Steve

Sacre Coeur

chart of Coeur Mining

Chart by Steven Sarnoff, h/t stockcharts.com

Options Hotline Reco Update, FYI:

+3x in a little over a month on Coeur Mining (CDE)!

Precious metals are heating up.  Today’s strong red candle shows bulls running with the advantage.

Our Coeur January $5 call triggered 10-28-19 at $.75, closed 12-03-19 at $2.30, +207% in a little over a month, with an always known and strictly limited risk!

Subscribe to Options Hotline today to stay a step ahead of the crowd.

I can’t guarantee all my recos will join the ranks of our multipliers, but I do promise to do my best to find option winners for you.

Best regards,

Steve

 

Your Almost Daily Bit of Wall Street Wit & Wisdom

gratitude

h/t Getty Images

“Start every morning with some form of gratitude.  The human mind is incapable of being grateful and angry at the same time.  Especially for traders, focus on gratitude and you’ll be less angry, frustrated, etc. during the day. Always keep a strong and clear mind.”
— Joseph Fahmy, @jfahmy

Live each day with an attitude of gratitude.

Have a very Happy and Healthy Thanksgiving!

All the best,

Steve

Superleverage Power on Display

DIS chart

Chart by Steven Sarnoff h/t stockcharts.com

This morning, as Disney shares topped $150, we sent Options Hotline subscribers a Profit Alert to close their positions (should they so desire).

The Disney (DIS) December $135 call multiplied 5x in 10 days,

triggered 11-04-19 at $3.15,

traded 11-14-19 at $15.80,

+402% in 10 days, on a 13% move in the underlying shares,

with an always known and strictly limited risk!

Subscribe today to stay a step ahead of the crowd.

Best regards,

Steve