This week we are looking at another of the Investor’s Business Daily (IBD) Top 50 List companies. We use this list in one of our options portfolios to spot outperforming stocks and place option spreads that take advantage of the momentum.
Terry
Xilinx (XLNX) Surges to Fresh Yearly Highs, What’s Next?
Xilinx has been receiving a lot of media attention as of late, these two articles shed some light on what analysts are expecting from the company – What Makes Xilinx a Strong Momentum Stock: Buy Now? And Has Xilinx Outpaced Other Computer and Technology Stocks This Year?
XLNX reversed sharply higher a few weeks back after ...
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This week we are looking at another of the Investor’s Business Daily (IBD) Top 50 List companies. We use this list in one of our options portfolios to spot outperforming stocks and place option spreads that take advantage of the momentum.
Last week was a great one for the market (SPY up 2.6%) and an even better one for the Terry’s Tips 8 actual option portfolios. Every one made gains, and the composite average picked up 11%, a record we are quite proud of.
Terry
Consider Kirkland Lake Gold (KL), A Gold Mining Growth Stock
The Investor’s Business Daily recently posted an article which started out by stating “Gold might not come to mind first when you think of growth stocks” which is very true. Take a look at this article for the full write up and the reasoning behind why they see growth potential in this stock. Also check out Kirkland Lake Gold Receives Consensus Rating of “Buy” from Analysts.
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This week we are looking at another of the Investor’s Business Daily (IBD) Top 50 List companies. We use this list in one of our options portfolios to spot outperforming stocks and place option spreads that take advantage of the momentum.
Last week was an awful one for the market. SPY fell 4% after whip-sawing both up and down all week. Most option portfolios probably suffered as well. We were delighted that our newest portfolio which trades options on MSFT notched a gain of 20.4% for this otherwise bad week for the market. Chalk up another victory for well-executed option strategies.
Terry
Can PayPal (PYPL) Continue It’s Earnings-Driven Momentum?
PayPal received a recent boost from it’s earnings report and these Seeking Alpha articles suggest it can continue the upside momentum - PayPal: It’s A Buy and It’s Not Too Late To Buy PayPal.
Payal appears to be supported near the $83 price point which was where the stock gapped up to following their earnings report earlier this month. The 20 and 50-day moving averages are converging in this area as well to offer further technical support. In the event of a dip lower, further support near the psychological $80 handle is likely to trigger strong buying as technical traders often look to position following a gap close.
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