Markets are squeezing higher Friday as we approach the end of May. And two of our New Money Crew Weekend Watchlist members are among the names feeling the late-week squeeze… Shares of Rivian jumped as much as 11% from Monday’s open while PayPal shot up around 5.5% Friday! Barring some kind of catastrophic breakdown, the major indexes will end the week in the green for the first time in two months... But don’t celebrate too soon because this isn’t the kind of market we’re used to seeing. Also don’t expect volatility to go away any time soon… Especially when it gives market makers an opportunity to drain volatility out of options chains like it did this week with Gap earnings. And even though we’ve taken some lumps, the New Money Crew strategies have put another solid week in the books — so let’s take a look and add a few new bullish names to the New Money Crew Weekend Watchlist for the short week ahead…
The market is tanking and inflation has officially reached four-decade highs… And anyone thinking the Federal Reserve is coming to the rescue is sorely mistaken. Millions of Americans are having enough trouble filling their gas tanks let alone staying afloat in this choppy market. As I see it, sitting on the sidelines is NOT an option! So I’ve developed a game plan to help tackle this bear market — and keep inflation from working AGAINST us!
Confused by Options Spreads? Let’s Fix That May 24, 2022 Options spread strategies are a powerful tool in the belt for any trader, and they offer a few advantages that are hard to come by… Continue Reading
These Beaten-Down Growth Stocks Are Too Cheap to Ignore May 20, 2022 Traders always need to be on the lookout for stocks on the move, which is why I put together the New Money Crew Weekend Watchlist every Friday! Continue Reading
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