Tag: INCC

Blue Horseshoe Stocks: Key Election Day Reminders & More

Starbucks Corp. SBUX – Options Update

On Friday morning, we suggested that the SBUX 11/11 $53.50-55 Calls
could be good for some solid opportunities if the momentum the stock had gained to that point managed to carry over into the new week. Of course, we followed up with a reminder of that fact in yesterday’s premarket report as well.

SBUX ultimately met our expectations and that range of contracts did provide some fantastic multi-bag intraday chances for our readers:

$53.50 Calls – Range: .49-1.32 – Max Gain: 169%
$54 Calls – Range: .25-1.00 – Max Gain: 300%
$54.50 Calls – Range: .12-.67 – Max Gain: 458%
$55 Calls – Range: .09-.40 – Max Gain: 344%

We won’t dismiss the possibility that further gains may be on the horizon for these weekly contract, dependent upon investor reaction to the unfolding events of election day.

Possible Bottom Plays

Sequential Brands Group, Inc. SQBG – This stock fell off a cliff last week, and we noticed the registering of a From-4 signaling an insider buy at the bottom. Yesterday the stock began to rebound, so we’re going to put it on watch as a potential recovery play.

Perion Netwrok Ltd. PERI – PERI has also recently been on a backslide but is regaining some ground this week. After a bullish session yesterday, the stock is gapping up in the premarket so we’ll have this one on watch as well.

CANNABIS SECTOR REMINDER: Apart from the volatility for the markets as a whole that the presidential election itself could certainly cause, we mustn’t forget what we’ve been shouting from the rooftops about the marijuana space for the past several weeks. Multiple key votes on both recreational and medical cannabis are on the ballots in many states.

The landscape of the industry is going to change overnight, and we aren’t going to miss out on the potential gains that will produce. We are effectively placing the entire sector on intensive watch until further notice.

Chatroom Call: International Consolidated Companies, Inc. INCC

INCC has gone on a heck of a run from .0007-.0025 after we tagged it in our traders chat on Friday, gaining as much as 257% so far.

We wanted to remind our readers that may not be aware- anyone can participate in our daily traders chat via Skype, where ideas like this one may come across once sessions get going. Simply send a contact request to ‘stocksumo‘ to get involved!

Extended Watchlist:
MJNA, TRTC, MCOA, MCIG, GRNH, GBLX, HEMP, AGTK, NEWC, UAMM, PNTV,

Blue Horseshoe Stocks: SPY Recap, GEQU & More

SPY Options Recap

We have found tremendous success in options trading this week. We enjoyed multi-bag moves from contracts in the FB and GPRO chains early on, and yesterday, we saw the same success in our targeted SPY Calls.

The specific contracts we tagged for observation were the SPY Weekly $191.50-193 Calls and in addition to some healthy initial pops, we saw dip-and-rip patterns in every case providing for a second chance for huge intraday gains, which registered as follows:

$191.50 Calls  – Initial Run: .49-1.01 – Gain: 106% – 2nd Swing: .27-.87 – Gain: 222%
$192 Calls  – Initial Run: .67-1.27 – Gain: 90% – 2nd Swing: ..41-1.15 – Gain: 180%
$192.50 Calls  – Initial Run: .49-1.01 – Gain: 106% – 2nd Swing: .27-.88 – Gain: 226%
$193 Calls  – Initial Run: .33-.77 – Gain: 133% – 2nd Swing: ..19-.64 – Gain: 237%

Pretty much every options-trading idea we submitted in our reports this week worked out exceedingly well, so congratulations to any of our followers who enjoyed some of the same success. It’s a perfect example of why we like to mix  options ideas in with the ideas we have pertaining to stocks. Be sure to stick with us into next week, when we’ll be sure to do it all over again!

Global Equity International, Inc. GEQU

This had certainly been one of our biggest standouts of the week in terms of equities. On Monday we flagged GEQU and subsequently observed the stock trading at a low of .021 that day. By Wednesday it had hit .036 (+70%), and continued to pile on the gains during yesterday’s session.

We noted the stock’s recent tendency to push to higher PPS levels despite bearing a chart which looks heavily overbought, and that trend continued with an intraday move from a low of .0355 to .044, a 24% percent jump. From Monday’s low, it marked a four-session increase of 110%

Again, when the momentum finally dies down, we’ll be looking to take advantage of a consolidation followed by a rebound.

Cherubim Interests, Inc. CHIT

CHIT is a stock that we’ve been tracking since last Friday, and despite trading sideways for most of the week the stock did end up making quite an appreciable move. We saw it rise from a low of .0016 and fall just a tick short of cracking into pennyland.

Yesterday’s high represented a three-session swing of 725% and the move came on nearly seven times the monthly average volume.

Extended Watchlist:
GDSI, VNTH, INCC, PPCH

Blue Horseshoe Stocks: INCC Update, AAPL, NEWL & Extended Watchlist

International Consolidated Companies, Inc. INCC

Our anticipation of a possible dip-and-rip scenario on INCC yesterday proved to be warranted, and the stock actually provided us with a number of intraday swings.

To start the day off, the stock made two significant moves, each time running 25% from .0032-.004. Toward midday we witnessed another dip to .003, and a subsequent rip on up to .0039, adding another 30% in potential gains. Finally, we saw one last swing from .0033-.0039, an 18% move, which brought our possible gains for the session to a cumulative total of 98%

INCC put in quite a good performance for a first day alert, and we’ll monitoring this one as the week progresses for the same type of volatility that offered us those chances to profit on Monday.

Apple, Inc. AAPL

Last Wednesday, we commented on the Apple-Beats rumor, as well as speculating that AAPL could be in for a run-up, and that has certainly come to pass. Our call of 604.40 as a pivot point proved accurate, as we stated that a break of that level had the potential to give way to more significant gains.

That brings us up to yesterday’s session, where AAPL went on to set a new 52-week high at 607.33. We expect AAPL Calls to continue to do well in the midst of this uptrend, and as our regular rteaders are aware, we’ve made astonishing gains from the AAPL Options Chain in the past.


NewLead Holdings Ltd. NEWL

Sometimes in the course of attempting to track to biggest potential gainers, we find that it can take several sessions for a pick to mature. Such was the case with NEWL, as we showed up slightly early to the party. The most important thing, however, was that we showed up.

We began tracking NEWL for a bottom a couple of Fridays ago, and while we were attempting to sniff out a low, the company announced a significant 1-for-50 reverse split. As the stock attempts to normalize following that major development, we are seeing a massive surge in both PPS and volume.

We will definitely be tracking NEWL more closely following this cleaning up of the share structure, as well as other developments that have been recently announced.

Extended Watchlist:
ARX, DNDN, ARNA, TEDU, ONCY, IDN