The market is getting dicey at these levels, and some traders are placing some wild…
I’ve never seen a market as crazy as this one.
In the first half of 2020 stocks got rattled as the coronavirus damaged the global economy…
Then the market has one of the most remarkable rallies in history.
With stay at home orders in place, it gave rise to the retail trader renaissance… and it seems as if everyone wants a piece of the pie.
However, traders could be in for a rude awakening…
Who really knows right now…
But there is one thing I do know — there are going to be plenty of opportunities for me to take advantage of because I know where to look for them.
How?
The key to uncovering opportunities in the market, for me personally, is being able to identify the next big catalyst.
If you don’t know what a catalyst is, it’s simply any piece of information that can move stocks.
They can be news events, fundamental changes, corporate action, press releases, whatever the case may be… the elite traders know a catalyst when they see one.
For example, one major catalyst right now is earnings season…
And with the banks reporting in the coming week, it’ll allow traders to figure out how strong the economy really is.
If earnings are lighter than expected… then the market could experience a significant pullback.
On the other hand, if earnings somehow beat expectations, stocks could march to all-time highs.
With so many new traders piled into stocks right now, I believe this earnings season will be more volatile than we’ve ever seen before… and reality could set in very quickly.
That’s one catalyst on my radar now.
The thing is…
Market-wide catalysts are hard to read in my opinion, and that’s why I like to focus on specific sectors and stocks.
For example, one sector that’s on my radar right now is health and wellness.
You see, the new economy has caused people to stay at home, and it seems as if everyone is focused on making sure they’re both mentally and physically healthy.
I mean we’ve seen the numbers for Peloton (PTON) and how quickly this stock ran up.
That’s why I was shocked to see my upcoming Sniper Report Alert trading at a steep discount.
You see, there’s a lot going for this stock right now in my opinion.
I’ve done the research and here’s the rundown:
You see, one of the keys to my success is first-mover advantage.
Instead of jumping into the same stocks the herd is and fighting for scraps…
I like to establish a position early and to sell into the hype.
That’s how I’ve been able to generate more than $1.4M trading since April*.
On Monday, I’m set to release my latest Sniper Report Alert… and it’s one that I believe I can more than double my money on in a matter of weeks.
There’s only one way to find out what that pick is…
*Results presented are not typical and may vary from person to person. Please see our disclaimer here: ragingbull.com/disclaimer
As you may already know, a large portion of my trading gains are from trading catalysts.
After word got out about my trading performance during the first half of 2020…
I received an overwhelming response from readers asking…
How do you identify your catalyst picks?
I believe traders are starting to realize the importance of catalysts and want to understand how to take advantage of them.
Today, I want to teach you how I uncover catalysts with a case study in a stock I’m still currently holding…
And how I’ve uncovered my next catalyst pick, which I believe can more than double my money on in a matter of weeks.
If you don’t know what a catalyst is… it’s any piece of information that can cause a stock to move.
Catalysts can be press releases, earnings announcements, corporate action, corporate “insiders” accumulating shares, “smart money” activity… whatever the case may be…
It’s something that can cause a stock to run higher… or plummet.
For example, my last Sniper Alert was in OPKO Health Inc. (OPK).
Why?
Well, first off, the CEO was accumulating shares.
I mean who knows better about a company than the CEO?
That was one catalyst right there.
Another catalyst was the fact New York gave awarded them with a $100M+ contract for their testing.
Since the company owns a laboratory testing company, it would be a catalyst when states start to open back up… and people need to get tested for COVID-19.
Now, by spotting those catalysts ahead of time, I was able to develop a plan and get in before the stock made a move.
So far, I’m up more than 50% on OPK in just about a month*… and plan to hold on for the bigger move.
Source: StockCharts
I bought OPK on June 8, and so far… the trade is working out well.
Of course, I don’t want to just tell you about my trades after the fact.
I want to teach you how to identify these catalysts.
Now, I’ve already come up with my next Sniper Alert.
How?
Well, I realized that with coronavirus and everyone at home… health and wellness is starting to play a major role in people’s lives.
My next pick is well-positioned in the space… and I believe they’re set to release a catalyst very soon.
The thing is…
This stock is flying under the radar of most Wall Street analysts right now…
And at these levels, I believe the stock is undervalued… and I can double my money in it within the next few weeks.
You see, there are key figures involved in this stock.
First off, these two key players involved have a combined net worth of more than $2.6B… and one of those players has more than 140M followers on Instagram.
Now, I’ve seen one of those players move this stock with their clout before… and I think it can happen again.
This company has done a good job at providing investors and traders with updates…
Each month the company has been updating the public on its progress…
However, they haven’t issued anything out yet this month.
But I feel like it could happen any moment now…
And send the stock skyrocketing higher.
I’m eager to jump into the stock soon…
If you want to receive my full-report, along with the real-time trade alert on this play…
Then all you have to do is subscribe to the Sniper Report.
Not only will you receive my latest pick, but I’ll also teach you my techniques to take advantage of these catalyst plays.
I think Sniper Report is the perfect solution to your trading woes if…
I believe the training, education, portfolio live-stream, and real-time trade alerts provided in the Sniper Report can help one turn the corner in their trading journey.
*Results presented are not typical and may vary from person to person. Please see our disclaimer here: ragingbull.com/disclaimer
For the last few days, I’ve alerted you about the “smart money” activity in NIO Inc. (NIO).
NIO is one of the hottest stocks on the market now…
And one “smart money” trader is up more than 100% on their NIO calls at one point today (if they still held them).
The thing is…
This trader was oblivious and left a paper trail.
Today, I want to teach you how traders could’ve stolen the “smart money” trader’s idea in NIO…
And why I believe it’s important to pay attention to their moves.
On Monday at 11 AM ET, I noticed a Wall Street whale came in and bought 3983 NIO July $16 calls for $0.90 a piece.
In other words, they spent more than $350K on the trade.
Now, at the time the trade went off, NIO was just bouncing around the mid-$11 area.
I mean, who would buy $16 calls expiring in less than 2 weeks… when the stock is trading around $11?
Source: StockCharts
That’s what really stuck out to me…
That options trader bought deep out of the money options… and they were aggressive with their order.
You see, rather than putting a limit order and sitting on the bid… they paid above the ask to ensure they got filled on their entire position.
At the time, this trader needed the stock to rise by more than 40% just to break even.
Although the stock is trading below $16…
Those options they purchased were on fire…
And hit a high of $2.43 by the opening bell.
If they were able to sell at that price…
That would’ve been a 170% winner in just a matter of days.
Can NIO continue higher from here?
Only time will tell, but the point I want to get across is that the “smart money” leaves a paper trail when they trade…
And that information can be powerful.
If you think about their moves, it was pretty simple to figure out where NIO could be headed, in my opinion.
You see, that unusual options activity signaled someone was betting big NIO was going to run higher…
And they were right.
If you want to learn how I use this information to my advantage… then you’ll want to check out this important training workshop I put together.
In it, I’ll teach you how I use “insider” activity to steal the “smart money’s” ideas and make them my own.
