Categories: Momentum Trader Alert HotlinesStock Market News

Offering an ‘Entertaining’ Pick and Locking in Three More Double-Digit-Percentage Stock and Option Gains

This week’s Momentum Trader Alert recommendation is California-based Live Nation Entertainment, Inc. (LYV).

Based in Beverly Hills, California, Live Nation is the world’s premier live entertainment company. Operating under the brands Live Nation, Ticketmaster and Front Line Management Group, it produces, markets and sells live concerts for artists.

Live Nation owns and operates many entertainment venues. These include the House of Blues, The Fillmore in San Francisco, Nikon at Jones Beach Theatre in New York and London’s Wembley Arena. It also offers ticket sales, ticket resale services and marketing and distribution through ticketmaster.com, an e-commerce site on the Internet.

Live Nation (LVY) versus the S&P 500 year to date.

Momentum Trader Alert Analysis

Recommendation

Buy Live Nation Entertainment, Inc. (LYV) at market today and place your stop at $37.90.

If you want to play the options, I recommend the LYV January 2018 $42.00 calls (LYV180119C00042000), which last traded at $2.04 and expires on Jan. 19.

Portfolio Update

Sell one-half of your AON October $135 calls, which last traded at $10.60, for a 81.20% gain. Hold on to the rest of the options for potentially bigger gains ahead.

With Sociedad Quimica y Minera de Chile S.A. (SQM) soaring 19.86% this past week, raise your stop in the stock to $57.30 to lock in a 20% gain.

Raise your stop in Altbaba (AABA) to $63.50 to lock in at least a 10% gain in the stock.

Sincerely,

Nicholas A. Vardy

Nicholas Vardy

Nicholas Vardy has a unique background that has proven his knack for making money in different markets around the world. He was the Editor of The Global Guru, a free weekly e-newsletter, and also edited the trading services Momentum Trader Alert, which focused on making short-term profits in the hottest markets in the world, and The Alpha Algorithm, which was designed specifically to deliver big, fast triple-digit winners, month after month. He was also the editor of Smart Money Masters, a monthly service focused on longer term investments recommended by the brightest minds in the business. Mr. Vardy has been a regular commentator on CNN International and the Fox Business Network. He has also published articles in The New Republic, The World and I, and The Baker & McKenzie Legal Review. The Global Guru/Nicholas Vardy has been cited in The Wall Street Journal, Newsweek, Fox Business News, CBS MarketWatch, Yahoo! Finance, and MSN Money Central. Mr. Vardy graduated from Stanford with a B.A. — with honors and distinction — in both Economics and History, and he also earned an M.A in Modern European Intellectual History. After winning a Fulbright Scholarship, he earned a J.D. degree at Harvard Law School where he was an editor of the Harvard International Law Journal. When not uncovering investment opportunities for his subscribers and investors, Mr. Vardy is a keep-fit enthusiast and an avid student of classical music.