The S&P 500 broke out to new highs last week, as did emerging markets. That’s good news for Momentum Trader Alert, and this week’s recommendation, Altaba Inc. (AABA), is one of these breakout stocks. Altaba is the successor to Yahoo, which stopped trading last month after Verizon bought the company, excluding the Alibaba and Yahoo Japan […]
Betting on a Tiger Cub’s #1 Technology Bet Your Smart Money Masters portfolio continued to march to the beat of its own drummer in an otherwise mostly quiet month in U.S. and global stock markets. Wilbur Ross’ bet on Navigator Holdings (NVGS) rebounded an eye-popping 19.58% after suffering a massive decline in the prior month. […]
With the tech sell-off in U.S. stocks abating, this week the Alpha Algorithm takes you back into Microsoft Corporation (MSFT), which you stopped out of on June 8 at $71.50 for a 10.12% gain. Microsoft remains the second favorite holding among all of the Alpha Algorithm strategies. Founded in 1975 and based in Redmond, Washington, […]
I. Conservative Recommendation The Boeing Company (BA) Boeing, a holding in the Alpha Algorithm portfolio, is set to announce its second-quarter earnings for 2017 on July 26. This past week, analysts from Baird reiterated an “outperform” rating on Boeing’s stock, raising its price target by over 15% to $240. That new price target represents a significant upside of […]
Today, I am recommending that you close out two option positions that expire July 21. Sell all of your Amphenol (APH) July $70 calls (APH170721C00070000), which last traded at $3.90 for a 16.07% gain. Sell all of your Priceline Group (PCLN) July $1,830 calls (PCLN170721C01830000), which last traded at $89.00 for a 36.92% gain.
Since this option is expiring on July 21, I am recommending that you close out your position in the MOMO July $35 calls (MOMO170721C00035000), which last traded at $6.10, , for a 24.49% gain.