Blue Horseshoe Stocks: CRON Review & More

Cronos Group, Inc. CRON

The last time we mentioned CRON was back on December 7th, and to kick things off this week we wanted to point out the fantastic run the stock has been on since then, even through the tumultuous end to 2018 and beginning of 2019 that was experienced by most stocks.

Subsequent to the time of our last alert, CRON was trading as low as 9.56, and the run it’s gone on since then has been incredible. It hasn’t really experienced any kind of downtrend since the week of Christmas, and on Friday, reached a new high of 21.79. That works out to a very respectable five week swing amounting to 128% For a nearly ten-dollar stock that’s an absolutely fantastic run. We’ve seen it inch higher in the premarket today, so we’ll definitely allow CRON to continue to keep its spot on watchlist.

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Exxon Mobil Corp. XOM – Review

One of our fresh ideas from Friday morning’s report was the XOM Weekly $73.50-75 Calls
and we are pleased to recall the excellent performance those contracts posted on the day.

It continued a trend of multi-bag options winners that had started well before last week for us. Practically everything we’ve touched in 2019 with regard to earnings related options ideas has gone through the roof. The potential gains there for the taking were as follows:

$207.50 Calls – Range: 1.00-2.91 – Max Gain: 191%
$210 Calls – Range: .65-2.49 – Max Gain: 283%
$212.50 Calls – Range: .32-1.88 – Max Gain: 488%
$215 Calls – Range: .19-1.45 – Max Gain: 663%
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Fresh Idea:
SYY Weekly $65-66 Calls


Extended Watchlist:
VSTM, BPMX, MHLD, NNDM, ELLI, RTTR, ULTI, ONTX, BCCI

Blue Horseshoe Stocks: Cannabis Reminder

CANNABIS REMINDER

We took full advantage of the recent earnings season with a ton of great options ideas, but things are cooling down on that front for the moment. To start off this week, we’ll put our ever-continuing options search on hold for today, to bring our readers an annual reminder.

Each year as the summer season begins to wind down, we like to pull together a sizable watchlist for the cannabis space. The Autumn season has traditionally been the legal and medical marijuana industries’ most active in terms of movement on charts. The pattern has repeated itself year after year, so with the market appearing relatively quiet at the moment, now is a good time to reassert our interest in cannabis sector stocks for the coming of the fall rush.

The following is not an exhaustive list, merely a few old favorites, but we ensourage our readers to seek out and monitor any stock that is related to the field:

AGTK, ACBFF, CANN, NGTF, MSRT, POTN, PNTV, CNBX, OWCP


Avalon Holdings Corp. AWX

We’d also like to quickly share the performance of AWX following its inclusion in our premarket watchlist on Friday. Early on in the session, the stock ran from a low of 4.52, and went on to hit 6.79, which works out to a respectable intraday pop of 50%  That was sufficient to register as the NASDAQ’s #2 mover on the day.


Fresh Options Ideas:
Energen Corp. EGN 09/21 $75 $ 77.50 Calls
Neilsen Holdings plc NLSN 09/21 $25-27 Calls


Extended Watchlist:
GST, AKER, SYY, DPW, IZEA