Blue Horseshoe Stocks: Huge SPY Gains, AMPG New Highs

Amplitech Group, Inc. AMPG – Update

We were all over AMPG once again last week, as we have been since the beginning of April when we initiated coverage on the stock. The move on Friday followed the news that the company virtually doubled their yearly expected sales via acquisition of a long-established, privately-held company.

AMPG made a 15% intraday push to a new high of .063 which works out to an overall increase of 47% over the .043 low we observed on the day of our initial report on the company (04/01/19). It also came with the biggest single-session volume recorded over these past six weeks.

Friday’s gains pushed AMPG‘s market cap above the $3M mark, although we would argue that even at that price, the stock is still grossly undervalued at present. Especially when one considers that it’s notably less than the combined expected annual sales of AMPG and the pending acquisition target, which you can read about in the link to the news above, or in the 8-K filed this morning.

We remain excited for the future potential of this company, and its stock. Stay tuned for future updates and be sure to commence your own due diligence, starting at AmpliTechInc.com.


SPDR S&P500 ETF (SPY) – Recap

Along with our coverage of AMPG on Friday morning, we also included a fresh options idea for the SPY that was incredibly successful, and reinforcing the strength of our commitment to producing the very best ideas that we can.

We cited the SPY Weekly $284-285.50 Calls, and with the help of a strong second half of the day for the markets as a whole, yielded the following enormous gain opportunities:

$284 Calls – Range: .59-4.82 – Max Gain: 717%
$284.50 Calls – Range: .43-4.20  – Max Gain: 877%
$285 Calls – Range: .30-3.84 – Max Gain: 1180%
$285.50 Calls – Range: .21-3.29  – Max Gain: 1467%


Extended Watchlist:
TVIX, AXNX, IZEA, MOSY, SQQQ, CPRX

Blue Horseshoe Stocks: Stock Updates

Catalyst Pharma Inc. CPRX

We saw a very impressive new high for a stock that we’ve been tracking off of a bottom since February 8th. CPRX traded for as little as 2.36 that day, and has never looked back, spending most of the 7 weeks since then in a general uptrend that really kicked into high gear yesterday.

The stock ultimately reached 5.25 before closing just a penny below that point. That works out to an upswing of 122% in well under two months’ time.


Axsome Therapuetics, Inc. AXSM 

Speaking of stock runners, we called out AXSM for observation just last Thursday, and wanted to drop back in on it to comment regarding its performance thus far. From a low of 11.75 on Thursday morning, the stock has now reached as high as 16.38. That’s a relatively modest but still very respectable gain of 39% in a span of just three sessions.


Extended Watchlist:
SRNE, BPTH, BE, VLRX, ZUO, ATOS, BOXL, VTL, RWLK, ZDGE

Blue Horseshoe Stocks: Options 5-Pack

GlaxoSmithKline plc GSK – Final Recap

Wednesday morning, we formulated an idea for the GSK options chain, which we updated our reader on just yesterday. But after a second consecutive solid session, we did observe some new highs in all three of our designated contracts, which were the GSK Weekly $39.50-40.50 Calls.

The updated two-day swing ranges on each of those ideas:

$39.50 Calls – Range: .65-1.40 – Max Gain: 115%
$40 Calls – Range: .15-1.00 – Max Gain: 566%
$40.50 Calls – Range: .10-.60 – Max Gain: 500%

GSK just continues the trend of fantastic options calls we’ve made in 2019 so far. While we don’t have exact figures worked out, it would seem at least 80-90% of the options ideas we’ve formulated have produced multi-bag gain opportunities, and we invite our readers to go through our newsletter feed at BlueHorseshoeStocks.com and see for yourself!
_____

Fresh Idea:
In the spirit of the great success we’ve had with options, we’re going to finish out the week in a big way with five fresh ideas!

Expedia Group, Inc. EXPE Weekly $134-136 Calls
Coty, Inv. COTY Weekly $8-9 Calls
SPDR S&P 500 ETF (SPY) Weekly $270.50-269 Puts
Sketchers USA Inc. SKX Weekly $30-33 Calls
Tupperware, Inc. TUP 07/19 $25 & $30 Calls

*Please note that our ideas for trading contracts with a weekly expiration on Fridays are intended STRICTLY for advanced level traders with disposable funds with which to work!


3pea International, Inc. TPNL

We also want to briefly recap the solid singkle-session performance of TPNL following its inclusion in yesterday’s morning’s premarket report. The stock produced an intraday run from 5.06 to 7.18, which works out to a gain of 42% and was good for the top gainer spot on the entire NASDAQ yesterday.


Extended Watchlist:
CNHC, DRVD, CPRX, DPW, MHK, PLX, BECN, CLD, DSKE

Blue Horseshoe Stocks: FB Options

Facebook, Inc. FB – Options Idea

With the half day of trading today, and the general subdued sense of the holiday, we don’t expect this session to be full of much excitement, but we have identified an idea that we can watch into next week and possibly beyond.

Facebook has been in a downward pattern for several months, and as you can see on the chart below, produced a significant bottom bounce signal. In fact, all of our favorite indicators seem to suggest an up-cycle could be in the cards heading into the new year. For that possibility, we are going to highlight a range of options calls that we can observe and potentially take advantage of in the days and weeks ahead.

We’re going to put the FB 01/18 $135-145 Calls on watch, and if the stock can rebound back toward its previous resistance area, those should be in pretty good shape.


Extended Watchlist:
DSX, TIS, CPRX, SGSI

Blue Horseshoe Stocks: DAL Recap & More

Delta Airlines, Inc. DAL

Each day this week, we’ve recapped some options trading success, along with generating a fresh idea. Our streak of success continued yesterday morning, as we brought yet another new set of options ideas to the table, and once again, were met with solid single-session success.

We targeted the DAL Weekly $49.50-51.50 Calls after a solid beat on earnings, and are pleased to report that every single contract contained within that selected range produced multi-bag gains, as it has been with our other earnings related ideas from both this and last week.

$49.50 Calls – Range: .42-1.85 – Max Gain: 340%
$50 Calls – Range: .23-1.40 – Max Gain: 509%
$50.50 Calls – Range: .13-1.00 – Max Gain: 669%
$51 Calls – Range: .08-.67 – Max Gain: 738%
$51.50 Calls – Range: .03-.40 – Max Gain: 1233%
_________

Fresh Idea :
Wells Fargo & Co. WFC $56.50-54.50 Puts


Genesis Healthcare, Inc. GEN – Bottom Watch

We would like to place GEN on bottom watch this morning, after taking notice of the chart setup on our routine scan this morning.

As you can see from the included snapshot, we have a number of factors contributing to the stock’s attractive bottom setup. The stock has been falling sharply all week, cruising down toward its 200DMA at an alarming rate. Additionally, we have a MACD which is exhibiting unsustainable downward divergence, and an RSI indicating the stock has just entered extremely oversold territory.

This is exactly the sort of setup we look for in potential bottom bounce plays, and we’re going to slot GEN for observation in coming sessions to be ready for that eventuality.


Extended Watchlist:
GLMD, BIOC, MEIP, CPRX, ABIL, ADXS, GOGO BLIN,