Markets are looking a bit “shaky” this week as the gap widens between overblown blue chips and lagging small caps.
But this week, we are not going to “play it safe” with a hedge … Today I bring you a great breakout opportunity in the car buying group.
Online car buying has stolen the spotlight after a series of ads on television and social media ushered in a new era of hassle-free, pressure-free car buying.
That being said, some of the stocks behind the more recognizable announcements that have already peaked are trading in overbought territory … but not the current car e-tailer.
Today’s stocks to trade are still poised for a windfall, and they’re picking up speed thanks to a tank full of money-making catalysts: solid fundamentals and technical indicators, a profit announcement on the books next month, Y a little squeeze in the making.
In a matter of weeks, this could be one of our biggest triumphs yet; just watch the video below for more details …
Business details …
Action to take no 1: Buy CarGurus Inc. (Nasdaq: LOAD) using a limit order of $ 27.00.
Action to take No. 2: Purchase to Open CARG Nov 19, 2021 $ 25 Calls (CARG211119C00025000) using a limit order of $ 4.20.
All electric vehicles could soon depend on this $ 2 stock
Electric vehicles require a special type of battery, inside which is a very special American-made component …
And that’s a big enough obligation to send a $ 2 share soaring.
Seriously last time this pioneering company traded on a public stock exchange, it was up 1,147% in one year. So if you expect stocks to stay this cheap once this company hits the Nasdaq, you’re on the wrong line.
Join the conversation. Click here to go to the comments …
About the Author
Chris johnson is a highly regarded stocks and options analyst who has spent much of his nearly 30-year trading career designing and interpreting complex models to help investment firms transform millions of data points into impressive returns for clients.
At heart, Chris is a quant, like investment “rocket scientists,” with a specialty in applying advanced mathematics such as stochastic calculus, linear algebra, differential equations, and statistics to the data-rich environment of Wall Street.
It began building its proprietary models in 1998, analyzing around 2,000 records per day. Today that database, which Chris designed and coded from scratch, analyzes a staggering 700,000 records per day. It is the secret behind your record.
Chris has degrees in finance, statistics, and accounting. He worked as a licensed broker for 11 years before assuming the position of Director of Quantitative Analysis at a renowned equity and options research firm for eight years. He most recently served as the Director of Research for a Cleveland-based investment firm responsible for hundreds of millions in AUM. He is also the Founder / CIO of ETF Advisory Research Partners since 2007, known for his pioneering work in behavioral assessment systems. His research is widely read by leaders in the RIA business.
Chris is ranked in the top 99.3% of financial bloggers and the top 98.6% of experts overall by TipRanks, the background registry for financial analysts dating back to January 2009.
He is a frequent commentator on the financial markets of CNBC, Fox, Bloomberg TV, and CBS Radio and has appeared on Barron, USA Today, Newsweek, Y The Wall Street Journaland numerous books.
Today, Chris is the editor of Night trader Y Direct benefits. It also contributes to Money morning as a specialist in quantitative analysis.
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