2:35
... Read More »
... Read More »
I'm preparing for our 11 AM livestream and wanted to get these portfolio changes out to you ASAP.
We're moving to close Tilray Inc. (NASDAQ: TLRY) as the time premium of the options is turning into too much of a headwind. We'll be back in this name soon, but it's time to move on to another opportunity.
... Read More »
I think that everyone on the Livestream this morning agrees - today's rally is ridiculous.
What started as a mixed morning ahead of the open led to a relatively strong close as the major indices moved towards a 3% gain in the last hour of trading. Going a little deeper, all of the major sectors were trading higher, which is honestly odd to me.
Report after report has been hitting the wires about companies reducing their workforce dramatically. Macy's Inc. (NYSE: M) came earlier in the day, then Kohl's Corp. (NYSE: KSS). Here locally, the City of Cincinnati announced a 20% reduction of government staff is coming, and we're just in the beginning.
... Read More »
I just went live for your 11 AM Night Trader Livestream.
It was a jam-packed live trading session, with a targeted profit trade and two new puts to add to the portfolio.
As promised, here are your three detailed actions to take...
... Read More »
Stocks are down another 2.5% this morning, which is giving us the opportunity to close two more profitable positions.
That's right... two more trades putting money in your pocket. That makes a grand total of 12 for the week! This has been the market's worst week since the 2008 financial crisis. Yet, here we are, taking profit after profit.
This is exactly what we've been preparing for, and it's paying off big time. Please take a minute to share your success with me right here. I absolutely love hearing from you, and I can't wait to hear how your trades went this week!
... Read More »
Excuse my pun, but there's a certain cannabis stock going up in smoke... and we're going to profit.
Look, I'm not trying to be mean here. I just can't help it! Tilray Inc. (NASDAQ: TLRY), along with almost all of the cannabis stocks, just can't catch a break in its precipitous decline.
Last month, the stock got a big bump from the announcement that a new COO and CFO had been appointed. The excitement was short-lived though, as the stock's bearish 50-day moving average cast a shadow on the rally.
... Read More »
Things are getting tougher in the cannabis sectors. This morning, Hexo Corp. (NYSE: HEXO) dropped more than 20% after the company announced that store rollouts and sales were going slower than planned. The news has rippled through the cannabis sector, taking all names down.
Our puts on Tilray Inc. (NASDAQ: TLRY) are now approaching 50% profit territory with the stock trading about 10% lower for the day. Normally, I might hold off on selling the entire position, but TLRY shares are firmly in oversold territory.
... Read More »
There are times when you look to add stocks or short positions to your portfolio that act independently of the market. This is one of them.
Remember my story on Friday about the riptide? Well, you and I know that's not likely to end soon. Despite that, I need to find positions that will move independently of that "Headline Riptide's" flow, and I've got one tonight.
It's funny, I get asked all the time about which "pot stocks" people should buy. The latest few come from a close friend of mine and a contractor that worked on my house a few months ago.
... Read More »
This trading week was shortened due to Monday's Labor Day holiday - but that definitely didn't limit our profit-taking.
Already this week, we've taken profits on Tilray Inc. (NASDAQ: TLRY) and Twitter Inc. (NASDAQ: TWTR).
And now, it's Home Depot Inc.'s (NYSE: HD) turn.
... Read More »
Yesterday, our Credit Loophole Trade on Tilray Inc. (NASDAQ: TLRY) hit its profit target.
So, if you had your exit strategy in place, then congratulations! This means you would have already taken over 80% of maximum profit. Let me know how you plan to use this impressive gain by clicking here.
Now, this win is just the start of what you could achieve as a V3 Trader. My goal is to show you at least 100 trade opportunities in your first year with me. And to celebrate our success today, I want you to get the chance at 100 MORE trade opportunities! Click here for all the details.
... Read More »