OPTIONS HOTLINE Update, FYI: +241% in a month and a half on our recommended 3D ($DDD) calls. This morning, I sent a Profit Alert to our subscribers. 3D Systems Corp. is topping the market’s biggest gainers list, trading sharply higher following a Q2 earnings beat. While shorts are squeezed, as investors and analysts rush in, our great subscribers calmly book their gains. They are seeing their patience pay and their trade triple.
“It’s kind of fun to do the impossible.” — Walt Disney
OPTIONS HOTLINE Update, FYI: +125% in 2 weeks on less than a 5% move in Disney, with an always known and strictly limited risk! This morning, ahead of an upcoming quarterly earnings report, I emailed a Profit Alert to my nimble #OptionsHotline subscribers.
They bought our recommended $DIS call at point A. and sold at point B. From 07-23-18 to 08-06-18, $DIS went from $111 to $116 and our option went from $200 to $450.
Shares of $DIS, the Walt Disney Co., closed today’s trading session around the high for the day and the week. I view each day’s trading as a struggle, between buyers and sellers, for control of price direction. This positive character of the behavior of price movement registered a strong red candle on my daily chart (see below).
As we welcome August, we could be on the verge of an august rebound in gold. My contrarian senses were tingling when Vanguard recently renamed its Precious Metals and Mining Fund to the Vanguard Global Capital Cycles Fund. This exemplifies gold as an out of favor investment and is a sign the conditions may be right for forming a significant bottom.