It had been awhile since we reminded our reader of our daily stock and options traders chats on Skype. They are a free and open forum for any of our readers to participate in, and a great way to get extra ideas that aren’t included in our morning reports.
Often the hottest plays don’t become apparent until just prior to, or just after the open, and those are the ones that you can catch in our chats, along with sharing ideas of your own.
DRUS was a big winner uncovered by DJ, a regular participant in the chats, yesterday just seconds into the session. Following DRUS being mentioned in the room, the stock ran from .0057-.0325, for whopping gains of 470%
As you can see, there were some SPY calls mentioned in the room as well, and those too did very well on the day. Both those, and DRUS appear to want to continue moving today as well.
As stated above, all of our subscribers are free to join in these chats, by simply sending a Skype contact request to username ‘stocksumo‘.
Fresh Options Idea:
We’ll also look to roll up strike prices and observe the SPY Weekly $272.50-274 Calls
South American Gold Corp. SAGD
What did make it into our premarket newsletters yesterday was SAGD, a stock whose company is about to make a shift into the cannabis space. While it didn’t begin to run just yet, we’re still very interested in the current setup of the chart.
We have posted a video chart going over why we believe SAGD is worthy of continued observation which we encourage you to view by clicking the graphic below:
Another honorable mention from yesterday’s premarket report is URSL, and it too is one we’ll want to continue to keep an eye on based on its setup on the chart.
We identified URSL as a potential bounce play yesterday, and the stock subsequently rebounded from a low of 1.70 to 2.27; a 34% swing. Further recovery could be in order so this one will remain on our radars into the holiday break.
NFEC, PED, GBR, VNE, AXON, EARS, HUSA, AZZ