Category Archives for Chart of the day

Extreme Option Profits Chart of Day… Pfizer (PFE)

With 2019 wrapping up, it’s time to look at the Dogs of the Dow again. With this strategy, investors buy 10 of the highest yielding stocks on the Dow that fell out of favor in the year prior. They hold for the year, collect dividends along the way, cash out by year end, and repeat the […]

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Extreme Option Profits Chart of Day… Marvell Technology (MRVL)

Marvell Technology (NASDAQ:MRVL) designs, develops, and markets analog, mixed-signal, digital signal processing, and embedded and standalone integrated circuits. It offers a range of storage products, including hard disk drive (HDD) and solid-state drive controllers, as well as preamplifiers; supports a variety of host system interfaces consisting of serial attached SCSI (SAS), serial advanced technology attachment […]

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Extreme Option Profits Chart of Day… General Electric (GE)

Just weeks ago, we featured General Electric (GE) in a Chart of the Day following allegations of fraud back in August 2019. Since then, we’ve watched as the stock caught strong support around $8 along with oversold reads on the Bollinger Bands (2.20), W%R, RSI, and MACD.Since spotting that opportunity in August 2019, the stock […]

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Extreme Option Profits Chart of Day… Home Depot (HD)

The winter season offers opportunity year in and year out that we can’t ignore.Home Depot tends to push higher thanks to sales of its snow shovels, and heaters.In fact, in each of the last four winters, Home Depot has exploded higher.In January 2015, for example, the stock ran from a low of $90.60 to a […]

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Extreme Option Profits Chart of Day… Kohl’s (KSS)

In recent days, Kohl’s (KSS) plummeted lower on poor earnings and guidance.EPS of 74 cents missed estimates for 86 cents. Revenue of $4.36 billion also missed expectations for $4.4 billion. Same-store sales growth of 0.4% was below estimates for 0.8%. Kohl’s expects to earn an adjusted $4.75 to $4.95 per share for fiscal 2019, compared […]

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Extreme Option Profits Chart of Day… Canopy Growth (CGC)

Keep an eye on Canopy Growth (CGC).After a vicious pullback on earnings, and slowing industry growth, the stock is showing signs of life. Not only did Bank of America Merrill Lynch just upgraded the stock to buy from neutral, the House Judiciary Committee is planning a markup on the Marijuana Opportunity Reinvestment and Expungement Act […]

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Extreme Option Profits Chart of Day… Shake Shack (SHAK)

With a good deal of patience, we expect to see a recovery in shares of SHAK. We believe the pullback was a severe overreaction that has now left the stock deep in oversold territory following the company’s earnings disaster, and on news that it will temporarily shut down locations in 2020 for store upgrades.  Technically, […]

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Extreme Option Profits Chart of Day… Clorox (CLX)

Flu season is here again.And, as anyone with a respiratory system will tell you, this time of year isn’t fun at all. This year, according to the Centers for Disease Control and Prevention, flu season in the U.S. is just beginning. Experts predict an active, and possibly severe, flu season based on data from Australia, […]

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Extreme Option Profits Chart of Day… Dow Jones INDX

Markets are under pressure this morning on Hong Kong violence, and trade war uncertainty. President Trump just shot down speculation that he’s rollback trade tariffs to help cool off the trade war. The President also said that while talks were moving along “very nicely,” he would only make a deal if it was right for […]

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Extreme Option Profits Chart of Day… Volatility Index (VIX)

With the presidential elections nearing, the only certainty is volatility.Ahead of the 2000 election (Bush v. Gore), the volatility index (VIX) popped from 16.5 to 31.Ahead of the 2004 election (Bush v. Kerry), the VIX ran from 13 to 17. Ahead of the 2008 election (Obama v. McCain), it ran from 20 to 90. And ahead […]

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