This week we are discussing another of the Investor’s Business Daily (IBD) Top 50 List companies. We use this list in one of our portfolios to identify stocks with upward momentum and place spreads which will profit if the upward momentum continues for about four weeks. Actually, the stock can even fall a little for the maxium gain to be made on these spreads.
The actual portfolios carried out for Terry’s Tips’s paying subscribers had another banner week, gaining an average of 4.7% while the market (SPY) rose 1.2%. Our 10 portfolios have now gained 86.7% so far in 2017. Options clearly can deliver extraordinary gains if they are set up properly.
Terry
Will the Nvidia (NVDA) Bull Run Continue?
Nvidia stock has gained significantly over the last year and several analysts believe there is further upside. Here are two of them – Buy Nvidia, market’s hottest stock, on its gaming, A.I. prowess: Citi and 14% Upside Seen For Nvidia Shares On PC Gaming, Bitcoin Mining Strength.
From a technical perspective, NVDA has been rallying in a rising trend channel since early July. There was a correction that took place late …
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