Blue Horseshoe Stocks

Blue Horseshoe Stocks: SPY, TSLA Options

SPDR S&P500 ETF (SPY) – Options Ideas

We’ve now had two consecutive sessions of gains for stocks following a weeks-long downtrend, and are eager to see if this reversal of fortune has a more lasting effect. With a high degree of uncertainty at play, and the potential for volatile swings in either direction, we’re going to signal two opposing sets of ideas in the SPY chain, to set ourselves up for any eventuality. We may even see a case of another dip-and-rip kind of session, where we play one set early on and another later in the day.

Our two sets of ideas are going to be the SPY Weekly $248-249.50 Calls*, and the SPY Weekly $251-250 Puts*. If the SPY can get above the premarket high of 251.16 during the session, we’ll look to our bullish ideas. Failure to do so, will cause us to track the bearish ones. Either way we should have good opportunities laid before us by the SPY today.

Tesla, Inc. TSLA – Options Idea

We’ve also formulated an idea for the TSLA chain. Tesla stock is getting another boost this morning after proposed additions to the board of directors, including Larry Ellison, the founder of Oracle Corp. (ORCL), are being very well received by investors.

We’re going to track the TSLA Weekly $322.50-327.50 Calls* on the heels of this announcement.
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*NEVER trade options with a weekly expiration on a Friday unless you are an advanced level trader with disposable funds!

Extended Watchlist:
QTM, TRVN, BHF, SFET, HSGX, BPMX, OPK, NMFC

Blue Horseshoe Stocks: ADIL, AMTX Review

Adial Pharmaceuticals, Inc. ADIL

Just as we were lauding ADIL yesterday morning on its recent bucking of the terribly bearish trend that had been building for several weeks, we get that epic one day reversal and bullish surge in the markets. It was especially fortuitous timing in the case of ADIL, being that it was already up considerably. The added boost took the stock to new heights, and added considerably to the positive movement we’ve witnessed over the past couple of weeks.

At the time of our initial alert on ADIL on the morning of the 13th, we saw trades going off as low as 2.55. As of yesterday’s new high mark set at 7.45, which represents a two week upswing of 192%

Aemetis, Inc. AMTX

As for the the other mention from yesterday’s premarket report, AMTX, it too felt the effects of the huge rally in the markets, trading up from a low of .60, up as high as .97. That worked out to an intraday push of 62%

Regardless of the market conditions, we’ll have a slot on our watch screens reserved for AMTX going forward, after the company just received a considerable round of non-toxic financing to effect the execution of the next phase of its business plan.

DVB Technologies, Inc. DVBT

Among the countless stocks that have been at or near their annual lows recently, we want to highlight DVBT, to watch going forward. There is a considerable gap on the chart which the stock has been beginning to fill. The opportunity for a considerable swing trade may be present, provided that yesterday’s activity wasn’t merely an isolated event in the midst of a continued downward trajectory for the markets in general.

In addition to the stock itself, we’ll also go ahead and signal some options to watch, specifically the DVBT 05/17 $7.50 & $10 Calls.
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Another Fresh Idea:
International Flavors & Fragrances, Inc. IFF 02/15 $130 & $135

Extended Watchlist:
SESN, SBGL, LILAK, PSTI, MYSZ, WFT, TVIX

Blue Horseshoe Stocks: ADIL Update

Adial Pharmaceuticals, Inc. ADIL

It has been an absolutely awful end to 2018, with a market bloodbath beginning roughly six weeks ago and amounting to perhaps the worst conditions we’ve seen in a decade. Despite that fact, with most big-board stock hovering at or near their annual lows, we have still managed to find a few plays that have bucked the trend.

One such stock is ADIL, which we signaled a couple weeks back on the morning of the 13th. That day, the stock was trading for as little as 2.55 a share. It has mainly experienced bullish activity even as everything around it has been going the opposite way. On Monday ADIL reached a new high of 5.75, marking a move of 125% in a span of two weeks.

Aemetis, Inc. AMTX

If you’re searching for a bottom play, you won’t have far to look in this market, as we just mentioned above. However, among all these bottom-feeding stocks we’ve got AMTX, which has a compelling reason to perhaps begin to recover some ground.

This morning, the company announced a huge round of non-toxic funding which is going to allow it to begin implementing a key element of its strategy in the New Year. We’re going to place AMTX on watch into 2019, especially with the company having a conference call scheduled for the second week in January. Things could get interesting between now and then thanks to this morning’s news.

CUPERTINO, CA, Dec. 26, 2018 (GLOBE NEWSWIRE) Aemetis, Inc. (AMTX) announced today that its subsidiary, Aemetis Biogas LLC, closed a $30 million equity investment without any dilute stock issuance by Aemetis, Inc. and funded the first $8.3 million tranche to subsidiary Aemetis Biogas to build, own and operate dairy biomethane digesters, pipelines and gas cleanup/compression facilities primarily under 20-year agreements with dairy farms in California (>>View Full PR)

Extended Watchlist:
ROKU, ESES, GNMK, CTT, MRIN, TRXC, INPX, HSGX

Blue Horseshoe Stocks: HEMP Update

Hemp, Inc. HEMP

Because of the absolute bloodbath having been experienced by the market of late, it is easy to forget the huge development for those with vested interests in hemp, the male form of the cannabis plant. Of course, one of its biggest proponents for quite some time has been the aptly named, Hemp, Inc.

The recent passing of the farm bill that effectively green-lighted the hemp industry nationwide is a game changer, and it certainly showed up on the chart, which experienced a heck of a spike. Following our alert on HEMP from just a few weeks ago, the stock ran from .0292 up as high as .054, a move of 85%

There has been some pullback since then, but in general HEMP is a stock that we’re going to be very interested in tracking into the New Year. There is a golden cross setup in the works for the chart, so we could be looking at the next leg-up sooner rather than later.

The company has talked a big talk when it comes to federal legalization, and now that it has become a reality, we expect to see solid efforts from HEMP in 2019, starting with the cleaning up of its reporting status on OTC Markets.

Extended Watchlist:
ASNS, IMMU, MB,

Blue Horseshoe Stocks: NKE Options & More

Nike, Inc. NKE

We’re seeing a possible opportunity for NKE to close out the week today, despite the continued bearish activity for the markets at large. Like a lot of stocks, NKE is at its lowest prices in quite some time; in this case, seven months. But we are seeing the makings of a potential quick-strike play here, and we’d like to signal some options ideas to coincide with the present situation.

We;re going to focus in on the NKE Weekly $73-74 Calls after the company logged a beat on both earnings and revenues in its post-market release yesterday. Additionally the company provided stout guidance, so if anything has a chance to buck the trend and put forth a bullish session today, it would be Nike.

New Age Beverages, Inc. NBEV

Speaking of bucking the trend, NBEV, another anomalous performer that we’ve been tracking for quite some time has been flying in the face of current market sentiment for six weeks now.

When we high;lighted this stock on the morning of November 15th, it was trading for as little as 3.30, and after weeks of bullish sentiment, the stock has reached new highs at 6.90, which accounts for a move of 109%

Extended Watchlist:
CM, PLUG, ZNGA, VIVO, CGC, NTES, HEMP