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 $DIS, the Walt Disney Co., closed today’s trading session around the high for the day and the week. I view each day’s trading as a struggle, between buyers and sellers, for control of price direction. This positive character of the behavior of price movement registered a strong red candle on my daily chart (see below).
by Steven Sarnoff
It’s been said that trading is like flying an airplane, “Hours of boredom with moments of terror.” Market action may sometimes feel frenetic, but Options Hotline subscribers use a strategic game plan for each trade to smooth turbulence and steadily stay a step ahead of the crowd.
by Steven Sarnoff
Though you won’t find your favorite vegan technical analyst partaking of Cheesecake Factory ($CAKE) fare, the shares are moving sweetly for our Options Hotline subscribers.
In mid-September I noticed the unhealthy eatery’s shares were not as sickly as they appeared. The signs of a potentially vigorous and natural rebound were flashing and, from the menu of available options, I recommended a January $40-strike call for our readers.
Markets don’t move down a one-way street. The news of record-setting stock prices Mr. Trump is so fond of touting hasn’t been booked by this Internet darling. As you can see by my daily candlestick chart of TripAdvisor shares, the online travel brand company settled today’s session pointing south.