Extreme Option Profits Chart of Day…Advanced Micro Devices (AMD)

Advanced Micro Devices (AMD) just broke out of consolidation to the upside, and could rally to $100. The stock is running after launching the Radeon RX 5300 GPU graphics card, which competes against NVIDIA’s GeForce GTX 1650. Plus, it’s chips should be under big demand when Microsoft and Sony release their new gaming consoles later […]

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Dow Reclaims 29,000 Level

The market closed once again in record territory on Wednesday despite a private-sector jobs number that missed forecasts by more than half ahead of the open. After a strong open and an intraday pullback in the Nasdaq and S&P 500, all of the major indexes gained additional momentum into the closing bell.Progress in the development […]

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Bulls Stay Strong as Nasdaq Approaches 12,000

The market closed higher on Tuesday as upbeat economic reports and dovish tones from the Fed helped keep momentum going. Better-than-expected Tech earnings also fueled another round of all-time highs for the S&P 500 and the Nasdaq with the blue-chips and small-caps still trading below their 2020 peaks.The Nasdaq finished at 11,939 (+1.4%) after testing […]

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Extreme Option Profits Chart of Day…Apple (APPL)

Get ready to trade Apple and Tesla in Extreme Option Profits.Just this morning, both stocks split.Apple just split 4:1, which brings its stock price to $125.  Tesla split 5:1, bringing its stock price to $449.  After splitting, we expect for both to double, if not triple again quickly on big momentum.  We’re looking to buy […]

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Tech Stays Hot on 41st Record Close

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The market closed mostly lower on Monday, but with Wall Street recording its strongest August return in decades, as vaccine hopes helped sentiment. The Food and Drug Administration’s commissioner, Stephen Hahn, said the U.S. could fast-track a trio of vaccines and insisted there are safe ways to make a vaccine available before the end of […]

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Bulls Sailing Thru August

The market ended the week higher as optimism about a fast-response coronavirus test and confirmation of the Federal Reserve’s new inflation strategy bolstered ongoing bullish sentiment. A bevy of economic news also lifted spirits with the Nasdaq and S&P setting their 40th and 20th record closes for 2020.The Russell 2000 closed on its session high […]

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Fed Fuels Continued Momentum

The market closed mostly higher on news from a major drug company about its rapid 5-minute corona virus test while the Federal Reserve provided an update on its inflation policy. The overall gains helped the bulls to their 6th-straight win although volatility returned big time while holding key levels of resistance.The major indexes remain in […]

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Extreme Option Profits Chart of Day…Nio (NIO)

Next to Tesla, Nio (NIO) has become one of the hottest EV stocks on the market.The stock has become so hot, we could easily see $25, near-term.All thanks to strong sales and an upgrade.For one, UBS analyst Paul Gong just upgraded the stock to the equivalent of a Hold from a Sell. The analyst also […]

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Bulls Stay Strong Ahead of Fed Update

The market showed overall strength for the 5th-straight session on Wednesday, powered by shares of technology and e-commerce shares. News of progress on corona virus vaccine trials and expectations for the Federal Reserve to signal it will keep monetary policy easy in a speech by Chairman Jerome Powell on Thursday also helped sentiment.The Nasdaq closed […]

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S&P 500/ Nasdaq Set Another Round of Record Highs

The market was somewhat choppy throughout Tuesday’s session as mixed economic news weighed on sentiment. A nasty Consumer Confidence number after the open weighed on sentiment while better-than-expected housing numbers provided support. The Dow lagged following news of a reshuffling of 3 of its members with Exxon Mobil (XOM), Pfizer (PFE) and Raytheon Technologies (RTX) being […]

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