Blue Horseshoe Stocks: NVDA Review & More

Nvidia Corp. NVDA – Recap
Focusing on NVDA Friday morning on the heels of its earnings beat turned out to be a fantastic idea. It was a great way to cap off a week filled with solid options trading ideas.

The stock itself made an incredible intraday run of nearly 30% and as a result, our specific area of interest, the NVDA Weekly $77-80 Calls, yielded some great chances for huge single-session profits. That included nothing less than 201% and one that even went for a ten bagger!

The potential gains were as follows:

$77 Calls– Range: 2.87-11.55 – Max Gain: 302%
$77.50 Calls – Range: 3.62-10.90 – Max Gain: 201%
$78 Calls – Range: 2.00-10.55 – Max Gain: 427%
$78.50 Calls – Range: 1.33-8.70 – Max Gain: 554%
$79 Calls – Range: 2.04-9.55 – Max Gain: 368%
$79.50 Calls – Range: .81-5.00 – Max Gain: 517%
$80 Calls – Range: .70-8.15 – Max Gain: 1064%

Congrats are due to any of our readers who used our hunch to help bank a piece of these serious profits!
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Fresh Options Idea:
HAR Weekly $100-110 Calls


Cannabis Sector – Video Update

We also want to provide an update on cannabis stocks, which we promised to continue following on the heels of legalization happening in three states last week. We’ve done so in the form of a quick video review of some of the more high profile plays, like MJNA, CBIS, PHOT, GRNH, and NEWC.

After a pullback around election time, pot stocks in general began to gain steam again at the end of the week. We’ll be watching carefully for the recording of higher lows and higher highs across the board.

  Click the graphic below to view the presentation:


Primero Mining Corp. PPP

We also want to take heed of a bottom-watch play we’ve identified this morning. PPP reached new 52-week lows on Friday, after a disappointing earnings release earlier in the week sent the stock into a tailspin.

We’re always looking for bargains, and to find one in a gold play in the midst of a solid run-up for the precious metal, has the potential to be especially fortuitous. As a quick glance on the chart below will show, the stock is presently heavily oversold and searching for an ultimate low here. We’ll want to be ready to strike when the reversal occurs.


Extended Watchlist:
VAPE, HEMP, OWCP, MYDX, SINO, CRNT, DRYS, X

Blue Horseshoe Stocks: IFAN, NEWC Updates & More

IFAN Financial, Inc. IFAN

We had multiple runners come out of yesterday morning’s premarket report, but the star of the show was was without a doubt IFAN. This was a case of looking in the right place at the right time. The stock had posted a marginal increase the session prior, but yesterday’s run was a cut above.

We witnessed as it traded in a fantastic range from .0031, cracking through the penny barrier and reaching a high of .0118. That worked out to an intraday rip of 281% which occurred on nearly thrice the monthly average trading volume.

In instances such as these, we always keep the stock on our radar in the event that the excellent momentum it’s built up washes over into another session.


New Columbia Resources, Inc. NEWC

Prior to yesterday morning’s mention, we had signaled NEWC for observation most recently a week ago today, and the ramp-up we’ve seen between then and yesterday’s solid session has been pretty impressive.

After witnessing a low of .01 subsequent to last week’s report, the stock has really taken off this week, yesterday trading up from .0231 to a new high of .0449 (+94%), which from a penny, marks an upswing of 349% in just a few sessions.


Agritek Holdings, Inc. AGTK 

Speaking of new highs, we’ve been tracking AGTK heavily of late, and it too set a new high mark for us in yesterday’s session, despite already being up so high. As we were mentioning yesterday morning, we caught this play on September 14th, at a low of .003, and the stock never looked back.

Yesterday’s decent move carried it from .0285-.036, a 26% intraday push, which is incredibly modest compared to the overall run we’ve been watching. Yesterday’s new peak registered as an increase of 1100% on the dot over our observed low.


Plandai Biotechnology, Inc. PLPL

We brought back a familiar play in PLPL last Thursday, and reminded readers to continue paying attention in yesterday’s premarket report. The stock has responded with with a nice performance in that span.

Yesterday’s session brought a healthy 56% move up from .04 to a new high of .0624, which from the three-cent low we witnessed at the end of last week, marks a swing of 108%


The Procter and Gamble Co. PG – Fresh Options Idea

As a result of the confluence of both an attractive technical setup on the chart where it recently came down to 4-month lows, in addition to a well-received quarterly earnings report this morning, we want to tag some PG options for potential daytrades and or intraweek swing trades. We had multiple landmark plays that fit the same description last week, and came away with chances for multibag gains in almost every instance.

To attempt to do the same thing this week, we’re going to look to the PG Weekly $85.50-88 Calls, which should see some nice activity if the action unfolds the way it appears it might. We’ll be looking for a gap-and-go setup to facilitate that.


Cannabis Watchlist:

The “Green Rush” continues… Aside from the three above-mentioned cannabis plays we want to continue to keep the top traded pot stocks on watch for further gains. The momentum in the sector as a whole, as we’ve cautioned readers, has continued in a big way.

TRTC, HEMP, OWCP, PHOT, MCOA, ERBB are among some of the headliners in that regard, but by no means the only marijuana related stocks that are set to explode leading up to and following election day, whereupon recreational consumption will most likely become legal in the state of California.

Blue Horseshoe Stocks: HAS Recap, Green Rush 2.0

Hasbro, Inc. HAS – Options Idea

Yesterday, after noticing the recording of new 6-month lows on HAS the day prior, coupled with a premarket earnings beat, we signaled a range of options ideas in our report.

Our targeted contracts were the HAS Weekly $79-81 Calls,with the stipulation that if the stock broke the $81-mark, that we’d correspondingly roll up our strike price a level. Based on the activity in HAS, there was literally no wrong answer, as all of the contracts mentioned provided us with a shot at excellent single-session gains.

$79 Calls – Range: 1.50-6.63 – Max Gain: 342%
$79.50 Calls – Range: 1.10-2.92 – Max Gain: 165%
$80 Calls – Range: .83-5.79 – Max Gain: 597%
$80.50 Calls – Range: .62-2.20 – Max Gain: 255%
$81 Calls – Range: .50-5.13 – Max Gain: 926%
$82 Calls – Range:  .24-1.25 – Max Gain: 421%

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Fresh Options Idea:

With NFLX beating on earnings yesterday post-market, we’ll signal a range of contracts to watch there as well. We’re particularly interested in tracking the NFLX Weekly $117-120 Calls.



The Start of Green Rush 2.0?

A couple of years ago, when marijuana stocks first began to emerge, and the march toward legalization in many places began, we termed it a ‘Green Rush’. It was a historical few months of exponential gains for anything even remotely tied to the cannabis space.

We’ve never stopped monitoring the sector, which, compared to practically any other, is still in its infancy. Recently, we’ve been reminding our readers to keep a keen eye as well, for if all things remain equal, it’s likely that California will become a recreational marijuana state in just a few week’s time. California is the most populous state in the country, and the proposed bill is more comprehensive than anything we’ve seen in the other states where prohibition laws have been scrapped. The ripple effect from the world’s sixth largest economy legalizing marijuana and its by-products will be significant indeed.

In fact, the effect of the anticipation is already kicking the tires on what could very well be Green Rush 2.0. Out of the top 14 traded stocks on yesterday’s scanner (pictured below) all but one have some link to the pot sector. Every last one of them are stocks that we’ve talked about in the past, and all of them (and more) will be high up on our working watchlist over the next several weeks.

We warned our readers of the first Green Rush before it kicked into full swing back in 2014, and we’ve been doing our best to do the same thing in advance of the forthcoming California vote on Prop 64, which should ultimately prove to be a real game-changer.

The symbols pictured above will also serve as today’s Extended Watchlist, in addition to FLDM, a declining stock that we want to put on bottom watch.