Tag: VXX

Blue Horseshoe Stocks: LOGG, PHOT Reviews & Much More

LifeLogger Technologies Corp. LOGG

We’ve been tracking LOGG since bringing it to light in a report last week and even though it made some decent gains leading up to yesterday, that’s when the stock really kicked things into high gear.

LOGG exploded from an early low of .0995 and continuously pushed to new highs throughout the course of the day, reaching its high of .19 just prior to the close, for an excellent chance at intraday gains of up to 91% The stock also traded better than six times its monthly average volume, so we’ll want to closely monitor its activity early on today for its dip-and-rip potential.

Growlife, Inc. PHOT

PHOT had been bouncing around in a rough channel between the .012 and two-cent levels since we last tagged the stock for observation earlier this month. Right from the outset yesterday the stock’s bullish activity raised the alarms, with the announcement that PHOT would be relisting on the Bulletin Board as well as pursuing an uplisting to the OTCQX. (>>View PR)

The result of the wave of positive attention the PR garnered was a massive intraday run to the tune of 375% (.012-.057) that will keep us on alert as we close out the week for the possibility of a brief consolidation followed up by a potential bounceplay.

Cell Therapeutics, Inc. CTIC

We’ve been tracking CTIC recently, and in addition to stringing together higher highs and higher lows in each of the past four sessions wherein it has roughly doubled in price, the stock appears to be gearing up to fill a rather sizable gap on its chart, which we’ve pointed out below.

Long-Term Watchlist

PCS Edventures!.com, Inc. PCSV

We like the future potential of the space PCSV has just entered into with its acquisition of a racing drone company. (PR Below) We’ll be placing PCSV on our longer-term radars as a result of this announcement.

While drone racing is a relatively new ‘sport’ that is still in its infancy, big plans for a national drone racing league have been backed financially by billionaire Steve Ross, who is most commonly known as the owner of the Miami Dolphins. (>>View Article)

BOISE, Idaho, Feb. 18, 2016 /PRNewswire/ — PCS Edventures!.com, Inc., (PCSV) a leading provider of K-12 Science, Technology, Engineering and Mathematics (STEM) programs, today announced the completion of an asset purchase of Thrust UAV, a company focused on the fast-growing FPV drone racing market. (>>Full PR)
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Elio Motors, Inc. ELIO

We want to place a longer-term watch on newly-trading ELIO as well. Many of our readers will have heard of this exciting startup that is undergoing plans to market a three-wheeled (pictured below) that boasts more than 80mpg fuel efficiency and a retail price tag of less than $7,000.

With Americans looking to economize any way they can these days, the industry disruption potential of a low-cost, high-efficiency personal transport stripped of unnecessary bells and whistles is intriguing to say the least. The backstory behind this one is irresistible (Visit ElioMotors.com to learn more), so we’ll be very interested to follow along in the early days of the stock’s trading to see how ELIO establishes its footing.

Bonus Options Ideas

We’ll be looking for possible daytrading opportunities with Weekly VXX $26-27.50 Calls, and Weekly SPY $193-190 Puts based on the current atmosphere in the markets.

*Pertaining to both of the preceding ideas, remember to always consider the inherent elevated risk associated with trading weekly options contracts on a Friday!

Extended Watchlist:
ENCC, EZRT, CRQE, CYPW, IORG,

Blue Horseshoe Stocks: Options Review, Big Movers & More

Friday’s Options Ideas

Our closing thoughts in Friday’s premarket report were in regard to the activity we were seeing in the VXX. It was trending several percentage points above its 50DMA and we went ahead and signals our interest in tracking the VXX $20-22 Calls, with an accompanying idea of SPY $206-203 Puts.

For the second Friday in a row, the options chains of this ETN and ETF provided us with the chance to pull down huge single-session gains:

$20 Calls – Trading Range: 1.09-3.74  – Max Gain: 243%
$20.50 Calls – Trading Range: .75-3.20  – Max Gain: 327%
$21 Calls – Trading Range: .44-2.69 – Max Gain: 511%
$21.50 Calls – Trading Range: .11-.2.29 – Max Gain: 1981%
$22 Calls – Trading Range: .11-1.84 – Max Gain: 1572%

The SPY Puts also worked out, although the potential gains weren’t quite as dramatic. For example the $203.50 Puts ran from .54-1.99; a comparatively modest, yet still excellent intraday move of 268%

We did a quick video highlighting these and a few other great calls made last week:

Another Big Chatroom Play

As our regular readers are aware, we’ve been calling more attention to the daily live traders chats that we conduct on Skype (Send contact request to ‘stocksumo‘ to join in!) so folks have a chance to get in on some of the hot plays that get presented to the room. For the third time in the past few weeks, chatroom member ‘DJ’ produced a gem. The following snapshot from Thursday afternoon’s chat contains his signal to the group:

What happened subsequent to that on Friday morning was nothing short of jaw-dropping. RGDXQ simply exploded as it came out of the gate at a low of .0024 and soared an impressive 900% to the high-of-day at .024 early on in the session. That was followed by a few significant swings later on as well. Excellent work by DJ in giving us the early-warning on that one!

Our current trader’s chats are free and open to anyone for a limited time only, so get on Skype and send a contact request to ‘stocksumo‘ to join in!

HydroPhi Technologies Group, Inc. HPTG

We had HPTG tagged in Friday’s morning report as well, and despite a pullback early on in the session the stock did make a nice rebound. After dipping to .0032 it regained ground back to .0048, which amounts to a 50% swing. The close came just a couple of ticks below at .0046, so we’ll definitely leave this stock on our radars for the time being.

The PR that helped fuel Friday’s activity (link below) highlighted a pair of significant acquisitions made by HPTG, so we’ll also be interested to track that aspect of the story.

Extended Watchlist:
CRCO, EFFI, NNRX, SKYF, TDEY

Blue Horseshoe Stocks: Wrapping Up Another Great Week

Baristas Coffee Company, Inc. BCCI

We first placed BCCI on our tracking list on Tuesday in our premarket report (and every day since), and the stock has gone on to make bullish moves all week. From our observed low of .009 on Tuesday, it took BCCI just three sessions to register an enormous swing to upside.

Yesterday the stock reached as high as .0279  which marked an intraweek increase of  210% and it did so on near-record volume, trading more than five-and-a-half times its 3-month average.

USA Restaurant Funding, Inc. USAR

USAR is another stock we’ve been tracking over multiple sessions this week. We entered it into the mix on Wednesday morning, at which time we witnessed lows of .0015 followed by a 93% run to .0029. We continued to track it into yesterday’s session whereupon the stock pressed from .0026 to a new high of .005 (+92% intraday) before falling back to the .002-range.

Two consecutive days with moves of better than 90% is nothing tio sneeze at; the overall range we observed in USAR in just a pair of trading days amounted to 233%


Fresh Options Ideas

We had tremendous success last Friday with sets of inversely-correlated options plays, so much so that we’ll try to do it again today. The VXX and the SPY have a tendency to mirror each other in reverse; we’ll use that fact to formulate a group of ideas that we feel have good potential based on this morning’s premarket activity.

The VXX Is gapping up over 4%, trending above both the 50DMA (19.75) and the 200DMA (21.08), and the set of options we’re going to be monitoring as a result are the VXX $20-22 Calls. Conversely, we’ll also track the SPY $206-203 Puts.

Notice the line we’ve drawn on the following VXX chart snapshot; the $22-mark has been acting as a key resistance area in recent months. A break past that figure could spell significant advances from this juncture. In the event that occurs, we may need to look at rolling up our strike prices accordingly.

Extended Watchlist:
CBIS, MHRC, CANV, HPTG, DBMM