A Treat for You, A Treat for Me

Hi Shoppers,

 

I have a treat for you and me TODAY!

 

That’s right …

 

You are cordially invited to join our very own Andrew Giovinazzi (the best educator in this business, for my money) AND our Washington DC insider Frank Gregory (who gets the K Street deets before anyone else).

 

Andrew and Frank are going live today at 2 PM EST, to discuss all the happenings that are currently going on in our federal government — and how YOU can profit.

 

I’m talking about …

 

      • Infrastructure bill passage
      • The Congressional Budget Office findings coming out on Friday
      • Some VERY interesting thoughts on lithium
      • Oh, and how everyone’s favorite — INFLATION — plays a role.

 

 

Now, while that will be incredible, I cannot invite you in on my treat because it is my and my husband, Scott’s, anniversary!

 

That’s right, 26 years of wedded bliss.

Feels like fifteen minutes … underwater!

 

Hahaha! Sorry, that is one of my favorite jokes.

 

After you sign up for Andrew and Frank, go here to view MY prediction on where the market is going in the near future.

 

SPY Games

 

As I’m looking at the SPDR S&P 500 ETF Trust (Ticker: SPY)  chart, I believe yesterday’s candle could be bullish engulfing:

 

 

I will wait for a confirmation this morning with the SPY opening and trading higher, and then I will go for a quick, inexpensive shot with the Nov. 19 calls.

 

 

After a confirmation, I like buying the Nov. 19 — expiring Friday — 470 calls for $1.35 or less.

 

Be sure you have a confirmation before buying these.

 

I will take profits quickly as they are expiring around $2.25 and I will take losses just as quickly, below $.95.

 

Trade Review

 

      • Monday morning I bought the Draftkings (Ticker: DKNG) Nov. 19 41-strike  calls. I got caught up in a bull trap as the stock opened higher and traded higher before it decided to make a complete reversal lower.

 

I still own the calls and will try and squeeze something out of them by Friday.

 

      • On Friday, I bought the Freeport McMoran (Ticker: FCX) Nov.19 41-strike calls. I paid $1.18 and the stock traded higher until yesterday when it traded down more than a dollar but it is still holding that support line at $39.50.
      • I am long the Coca Cola (Ticker: KO) Nov. 19 56.50-strike puts which are down a bit, but I still think KO is heading lower to $54.70.
      • I am long the Nov. 19 30/50 call spread in Greenidge Generation (Ticker: GREE). The stock seemed to be holding a bullish flag but has completely fallen out of bed yesterday. 

 

Don’t forget to sign up for this afternoon’s event with Andrew and Frank.

Thanks for Reading … See You Soon!

Licia Leslie

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