Category Archives for Chart of the day
Extreme Option Profits Chart of Day…Novavax (NVAX)
Over the last few days, shares of Novavax (NVAX) exploded higher.All after the U.S. government awarded the company a $1.6 billion contract to cover the testing, commercialization, and manufacturing of a potential vaccine — the biggest award issued from the White House’s “Operation Warp Speed” program.“What this Warp Speed award does is it pays for […]
Continue readingExtreme Option Profits Chart of Day…3M (MMM)
The U.S. needs more face masks – and fast.Dr. Anthony Fauci just said the U.S. is “going in the wrong direction” and “would not be surprised if we go up to 100,000 a day if this does not turn around.”Making the situation far worse, the U.S. just ran out of free face masks. And with […]
Continue readingExtreme Option Profits Chart of Day…Plug Power (PLUG)
Keep an eye on Plug Power (PLUG).Canaccord Genuity just reiterated its buy rating and raised its price target to $8.50 from $7.00, estimating that the acquisitions of United Hydrogen and Giner ELX will immediately add to Plug’s results. Oppenheimer upped its target to $8 from $6, saying the acquisitions reflect continued “savvy” strategic decisions. “We believe […]
Continue readingExtreme Option Profits Chart of Day…Fastly, Inc (FSLY)
Keep an eye on Fastly (FSLY). Fastly operates an edge cloud platform for processing, serving, and securing its customer’s applications. The edge cloud is a category of Infrastructure as a Service that enables developers to build, secure, and deliver digital experiences at the edge of the Internet. It is a programmable platform designed for Web and […]
Continue readingExtreme Option Profits Chart of Day…Albemarle (ALB)
With heavy demand for electric vehicles (EV), we may soon run into another lithium shortage.In fact, according to Reuters, ““A new demand surge is already looming in the form of the multiple ‘green stimulus’ packages as governments try and kick-start locked-down economies. You don’t have to be a market genius to see that another price […]
Continue readingExtreme Option Profits Chart of Day…Teladoc Health, Inc (TDOC)
Another hot coronavirus-related stock to consider is Teladoc Health (TDOC).Weeks after the world reopened for business, we’ve started seeing new cases and hospitalizations in China, which just reported another outbreak. India and Brazil are seeing mounting cases, as are several U.S. states.As a result, we may be forced to limit face-to-face contact even more, which […]
Continue readingExtreme Option Profits Chart of Day…Teladoc Health, Inc (TDOC)
“Second wave” coronavirus fears could send us all back indoors. We’re already seeing an explosion of new cases and hospitalizations in China, for example in addition to Alaska, Arkansas, Kentucky, Mississippi, North Carolina, Oregon, South Carolina, and Utah. Even Phoenix Mayor Kate Gallego even just admitted, “We opened too much too early and so our […]
Continue readingExtreme Option Profits Chart of Day…VIX Short Term (TVIX)
The coronavirus just refuses to die.With a “second wave” reportedly hitting the world, the best way to trade the fear is by again trading volatility ETFs and ETNs. You can be sure that every time there’s a spike in new cases, deaths, and hospitalizations, it’ll be blared all over the major headlines, spiking fear even […]
Continue readingExtreme Option Profits Chart of Day…Barrick Gold Corp. (GOLD)
Gold should continue to push higher.All as investors bet global central banks won’t tap the breaks on much-needed economic stimulus. In fact, “The global economic recovery will still require further aid and gold prices should still be supported over the medium-term,” wrote Edward Moya, senior market analyst at brokerage Oanda, as quoted by MarketWatch.In addition, […]
Continue readingExtreme Option Profits Chart of Day…Exxon Mobil Corp (XOM)
There’s big opportunity in oil, as the supply-demand picture improves. With the global economy reopening, we’re seeing a return of demand, and a pullback in supply – which is quickly sending oil back to $40 a barrel. That’s great news for big oil stocks like Exxon Mobil (XOM), Chevron (CVX), and Occidental Petroleum (OXY).XOM last traded […]
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