Stocks have locked into a sideways trend this week as the world shifts gears into “post COVID-19” mode.
The Fed is holding back on government aid, and pandemic stars like Zoom and Abbott Labs are being reminded of what it’s like to be “nonessential.” But countered by a general reopening euphoria that keeps indices afloat, markets have been caught in a monotonous pattern of profit and loss.
So in a financial climate that can’t seem to make a decision, I’m turning to an “ole trustworthy” profit game in the foodservice industry.
This staple Among the shopkeepers it offers one of the things that we literally cannot live without … food.
Not only does this action take advantage of endless demand from humans everywhere, but years of seasonal stock patterns show that it also has a track record of outperforming the largest market in June and July …
And we are not talking about a small margin here, we are on the cusp of the biggest bull season of the year in this action.
Along with some of my favorite “trade now” technical indicators, a little squeeze in the making, and a head start in what is sure to be a killer third-quarter earnings announcement, it’s time to start trading.
Check out the video below for all the details …
Action to take no 1: Buy B&G Foods Inc. (NYSE: BGS) using a limit order of $ 34.
Action to take No. 2: Buy to open BGS on August 20, 2021 $ 32.50 calls (BGS210820C00032500) using a limit order of $ 2.75.
Our next “Beat the Surge” trade is ready to go.
The fact is, we are in new market territory.
Not only are we reverting to pre-pandemic trends, many of the old ways of making money just won’t work for you the way they used to.
But in an economy fueled by an influx of millennials new to the market and short squeezers from Reddit, Tom Gentile’s “Sure Strike” Strategy it’s perfect for navigating the new market rules …
In fact, if you had gotten into Tom’s reproduces “meme stock” At NAKD, GME, and KOSS, it could have come out 1,000%, 3,800%, and 2,500% … in three to 16 days, respectively.
But the earning potential won’t stop there: Tom already has his first Trade “Surge Strike” all lined up.
Join the conversation. Click here to go to the comments …
About the Author
Chris johnsonis 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 financial analyst background registry 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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