The U.S. stock market continued its slow, but steady, “melt up”, as both the S&P 500 and Nasdaq broke out to new highs last week. Overall, your Momentum Trader Alert portfolio fared much better than the broader market, with at least six positions gaining more than 2%. This week’s recommendation, insurance giant Progressive Corporation (PGR), […]
Several of your Alpha Algorithm positions broke out to new highs last week. With the stock market technically overbought, this is a good time to lock in some of your recent options gains. So, I am recommending that you: Sell your Boeing (BA) August $190 calls (BA170818C00190000), which last traded at $22.05 for a 324% […]
Online social media giant Facebook, Inc. (FB) is a recurring favorite among Alpha Algorithm strategies. Because of our focus on risk management, it is also a stock that you already have held on three separate occasions and were stopped out of for 10%, 15% and 10% gains, respectively. With the stock breaking out to new […]
Both U.S. and global stock markets closed a strong week. The Dow Jones Industrial Average rose 0.80% and the S&P 500 jumped 1.44%. The tech-heavy Nasdaq recovered 2.93%, while the MSCI Emerging Markets Index soared by 3.56%. Your Smart Money Masters holdings performed strongly as well. Navigator Holdings Ltd. (NVGS) rocketed 23.54%, and it is […]
1. Conservative Recommendation Amazon.com (AMZN) Amazon has resumed its solid uptrend after the recent sell-off in tech stocks. It now boasts a 100% buy recommendation based on my proprietary momentum indicators. Given the company’s market position and continued dominant market position with a 12-month price target as high as $1,300, there is plenty of upside […]
Cobalt, a close cousin of lithium, has become an increasingly popular element with the advent of electric vehicles. Learn how to play this trend.