Blue Horseshoe Stock: INSE Update & More

Inspired Entertainment Inc. INSE – Update

Yesterday morning, we placed INSE on recovery watch in the wake of its quarterly reporting. We cited the attractive bottom-bounce that was in effect as the markets had tanked the previous day and INSE managed to buck that trend.

Our instincts about this play turned out to be very good, with the stock piling on yet another very solid trading session. The stock’s low came in right at the opening price of 3.86 and it never looked back. INSE ran up to 5.23, representing a respectable single-session rise of 35%

It also closed just three cents lower than the high of day, setting us up to see if the stock can continue to build upon the momentum it has thus far exhibited.


DSW, Inc. DSW

We’d also like to formulate a fresh options idea for the DSW chain, after noticing an attractive chart setup. The stock has been trading at its lowest PPS since May, which when coupled with solid earnings and guidance in this morning’s quarterly report, could make for just the right conditions to strike on some options trades.

We’re going to signal interest in the DSW 12/21 $22.50 & $25 Calls, and keep those on watch throughout the rest of the week and into the next.
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Bonus Idea:
SPY Weekly $266.50-268.50 Calls


Extended Watchlist:
CASI, CNAT, HOLX, CDE, TQQQ, TNXP, LCI, AEO(Bottom play)

Blue Horseshoe Stocks: Quick Strike Ideas

India Globalization Capital, Inc. IGCC

First up this morning is a recap of IGCC following its inclusion in our premarket extended watchlist yesterday. The stock didn’t blow its lid, but it did continue the solid run of intraday performances off of its lows from earlier this week which were precipitated by the company’s recent delisting from the NASDAQ down to the OTC Markets.

The stock traded in a range from 1.22-1.84 before tapering back off, which stood as an intraday gain of 51% We’re going to look for IGCC to continue to fill the remaining gap on the chart. As you can see on the included snapshot, the MACD is also beginning to converge toward a bullish cross.




Fresh Options Ideas*:

Alibaba Group Holding Ltd. BABA - After beating on earnings and missing on revenues, BABA surged this morning, making it our prime bullish target among companies that reported their quarterly earnings today. We’re going to focus on the BABA Weekly 152.50-160 Calls*.
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SPDR S&P 500 ETF (SPY) – We’ve had some good luck with the SPY this week, which isn’t all that surprising when considering the fact that we have a long documented history of success with this fund. We’re so deep in the money with our previously targeted calls, that we’re going to go ahead and roll up our potential strike prices to the SPY Weekly $274.50-276 Calls* as we close out the week.
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Weight Watchers International, Inc. WTW – Strangely enough, despite also beating on earnings and missing on revs like the aforementioned play, WTW took a gut punch and appears on track for a bearish session. We’re going to be tracking the WTW Weekly $58.50-56.50 Puts* as a result.

Bonus Idea: AMD Weekly $20-21 Calls*

*NEVER trade weekly options on a Friday unless you’re an expert level trader with disposable funds!



Extended Watchlist: 

AMCN, SGYP, CPHI, HEAR, CRC, LCI, PACB, SLS

Blue Horseshoe Stocks: More New Highs on YGYI

Youngevity International Inc. YGYI

We’re coming right back to YGYI for the second straight morning, after the stock once again pushed to new 7-year highs on some of the biggest volume the stock has ever seen.

We slated this play for observation twelve days ago, and its performance across that span has been rather impressive. Our observed low on YGYI of 6.00 has quickly given way to the stock’s new high of 16.20, which represents a gain of 170% in a time frame of less than two weeks.

The stock closed very near to its high of day, and the record volume continues, so with that kind of momentum, we will undoubtedly continue to track its movements as it continues to pierce its way into blue skies.


Fresh Options Ideas

Morgan Stanley MS – In the case of Morgan Stanley, we’re going to come in with an options idea on the heels of the company’s Q3 earnings report. Our target contracts are going to be the MS Weekly $43.50 & $44 Calls.

Ferrari N.V. RACE – Ferrari is simply looking like a technically-sound bottom play at the moment, so we are going to signal some longer term calls here to coincide with a possible upcoming rebound. We’ll radar the RACE 10/26 $120-124 Calls here.


Extended Watchlist: 
SLS, LCI, SEND, CVE, KOOL, NSPR, FLKS

Blue Horseshoe Stocks: NBEV Update & More

New Age Beverages Corp. NBEV

The performance of NBEV has been absolutely incredible this week, and we’ve been sticking with it the whole way. We were just mentioning yesterday morning how the stock set its all time single session record move on Wednesday, and yesterday set another new all time high for the second day in a row!

NBEV traded in a range from 5.27 to 7.85 (+49%) which also marked a total rise of 423% over our observed low of 1.50 following our initial alert on the 4th of this month. In post-market trading activity, the stock actually reached 10.34, which extends that figure to a gain of 589% in a matter of just twelve trading days!

With NBEV firmly in Blue Sky territory, there’s no telling where this ride will let off, but in and of itself, the performance exhibited by this play in recent weeks has been nothing short of amazing.
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Altimmune, Inc. ALT

Speaking of September 4th, that was also the morning that we tagged ALT for observation, and despit a very slow start to the month, this stock has absolutely exploded this week as well, even more so than NBEV.

ALT has traded in an absolutely mammoth intraweek range from a low of 4.27 to yesterday’s new high of 36.25. That’s an upswing amounting to 749% The fact that we’ve routinely come up with big board plays that blow their lids shows that while we’ve come a long way from the days of our focusing solely on penny stocks, we are still more than capable of identifying movers on the upper exchanges that are just as impressive!


SPDR S&P 500 ETF (SPY) – Recap 

Our fresh options trading idea for the SPY yesterday also bore fruit- after we signaled the SPY Weekly $291.50-292.50 Calls, all three contracts produced significant chances for traders to net a solid intraday profit.

We’ve traditionally been very good at playing the SPY options chain and this time was no different. The total possible intraday gains were:

$91 Calls – Range: .95-2.40 – Max Gain: 153%
$92 Calls – Range: .71-1.92 – Max Gain: 170%
$93 Calls – Range: .46-1.42 – Max Gain: 209%
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Fresh Options Idea:
Micron Technology, Inc. MU Weekly $43-45 Calls*

*Do NOT attempt to trade weekly options on Friday’s unless you are an expert level trader with disposable funds.


Extended Watchlist: 
ADT, IGXT, LCI, AWSM, ACAD, SDRL, ADBE

Blue Horseshoe Stocks: New Highs Everywhere!

New Highs Everywhere!

We were just updating readers on the progress of TLRY, DCTH, and NBEV in yesterday morning’s report. We were already impressed with their performances prior to yesterday, and yet each one managed to pile on the potential gains. All three rose sharply to new highs, so we’re coming right back to recap those excellent moves today. .

Tilray, Inc. TLRY – This is the hottest new IPO, and we’ve been tracking it since last Tuesday, at which time the stock was trading at 87.50. Yesterday it hit $300 even, an incredible seven-day swing of 243%

We were also tracking the TLRY 09/21 $91-93 Calls, which made great moves but have since been pushed so far into the money that they’ve been passed over, with the exception of the $93′s, which were still trading volume yesterday, and reached a high of 139.24, From our observed low of 5.23, that marks a fantastic gain of 2562%
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Delcath Systems, Inc. DCTH –
This play was placed on our watchlist three weeks ago on August 28th while trading as low as 1.76. Yesterday, it made its biggest single session move yet, rocketing to 10.30, for a huge rise of 485%
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New Age Beverage Holdings, Inc. NBEV - Lastly, NBEV also logged its biggest single-day performance of all-time yesterday, as the stock ran to a new high of 4.94. We’ve been mentioning it frequently since the 4th of this month, as it was trading for as little as 1.50. We’ve thus far witnessed a 229% run in NBEV, who will be rolling out a CBD beverage line at an upcoming conference early next month. 
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Greater Cannabis Co Inc. GCAN
Off of our cannabis watchlist yesterday came GCAN, which ran hard from .1453-.735, for an eye-popping single session gain of 406%
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Fresh Options Idea:
Darden Restaurants Inc. DRI  Weekly $120 & $125 Calls
SPDR S&P 500 ETF (SPY) Weekly $291.50-292.50


Extended Watchlist:
NIHD, FNJN, LCI, TNDM, NEPT, GALT