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Hey traders, Lance Ippolito here! Welcome to our Weekly Rundown, where we'll share some of our top trading ideas — and our biggest winners!
You guys know that I love electric vehicle stocks, and we've made a ton of money on these babies the past several months or so...
But did you know the EV stocks with the most potential upside are ones typically not mentioned? So, no, I'm not talking about Tesla or Nio or Xpeng…
I'm talking about good old-fashioned American companies...
Ford Motor Co. (NYSE: F) and General Motors Co. (NYSE: GM).
Now to be totally transparent, I'm a Ford guy. I drive an F-150, and I'm planning to get a Bronco and a Raptor. And have you seen the 2021 F-150 yet? I never believed in love at first sight... until I laid my eyes on that beaut.
This year is the release of F-150's first gas-electric hybrid model. Ford says the PowerBoost could easily out-tow a Ram 1500 — we're talking about 430 horsepower and 570 pounds per foot of torque, baby!
And what a move this stock has made of late. We've been trading in and out of Ford with my Weekly Blitz Alert members, and we've had a surprising amount of success. The daily chart on this stock is beautiful. We're at 52-week highs right now and I see a bullish run coming.
While I'm singing the praises of Ford... Can we talk about the new Mustang coming out? Not only is it gorgeous, but it's also giving EV king Tesla a run for its money!
Ford's electric Mustang Mach-E looks to be one of the biggest reasons Tesla Inc. (Nasdaq: TSLA) is losing market share this year. Tesla's share in the U.S. market fell from 81% to 69% in February.
Ouch!
I love GM, too. I have a 1969 Oldsmobile Cutlass. But have you been paying attention to this stock's recent moves?
Traders, you're in for a treat…
The chart looks really strong, the stock is about to break out to new 52-week highs (in my opinion), up nearly 30% year to date... And GM's new GMC Hummer EV is the definition of a supertruck — except for the whole gas-guzzler part.
Ford and GM aren't usually considered crazy market movers, and yet here they are... printing out beautiful stock chart patterns on the daily.
And I think their potential for major upside is just beginning. But don't just take my word for it, check them out for yourself. GMC is going to debut it during the NCAA's Final Four basketball tournament early next month!
BIG Wins!
The Nasdaq sank again Monday and Friday, but the rest of the week was a totally different story. And we were able to cash out big winners from our Weekly Blitz Alerts and 3D Profit Surges services.
The first two big winners were somewhat of a rarity for us — we got into a position on DropBox Inc. (Nasdaq: DBX), and then added more calls shortly after.
Initially, we saw major flow into the weekly call options that expired Friday. A big-time trader bought the weekly $26 calls at $0.42 a contract. Personally, I prefer at-the-money calls, so the $25 strike, to increase our chances of hitting a big winner. We also moved it back a week just to give ourselves a little more time.
And then later that day, as traders added to this position, we did the same while DBX rallied alongside Box Inc. (NYSE: BOX). As I said, this is something we rarely do. But when we do, we do it with CONFIDENCE!
The very next morning, after a huge overnight rally, we liquidated our positions for big gains. Bang — I feel like a money-printing press sometimes… and it feels so good!
- +60.56% on DBX (March 19 $25 CALL).
- Entered on March 10 at $0.71 a contract.
- Exited first on March 11 at $1.14 a contract.
- +43.75% on DBX (March 19 $25 CALL).
- Entered on March 10 at $0.80 a contract.
- Exited first on March 11 at $1.15 a contract
Of course, not every trade is an overnight success like DBX. Some of them need a little more time to simmer… And that's exactly what happened with Keurig Dr. Pepper Inc. (Nasdaq: KDP), a trade we entered way back in February, a whole 13 trading days or so ago.
We sold half of our position Tuesday for a nice 28% gain… but we only talk BIG winners here each week…😎
We closed the balance Wednesday morning after another overnight pop in the underlying stock, and made off with more profits to pad the ol' bank account — after all, I have more Ford trucks to buy!
- +52% on the second half of KDP (April 15 $32 CALL).
- Entered on Feb. 22 at $1.25 a contract.
- Exited first on March 10 at $1.90 a contract
And this week, we have a special addition to our BIG winners coming from my new service, 3D Profit Surges! These wins were on Macy's Inc. (NYSE: M), Vistra Corp. (NYSE: VST) and Cleveland Cliffs (NYSE: CLF).
We saw large insider buying to the tune of about $600,000 as mall retailers play a big part in America's grand reopening. The daily chart showed an uptrend on the 8-day moving average, so we pulled the trigger. Less than a week later, we pulled the trigger again, this time to reel in that 60% gain!
- +60% on M (April 16 $16 CALL).
- Entered on March 3 at $1.25 a contract.
- Exited first on March 9 at $2.00 a contract
VST had a recent earnings sell-off, creating a big buying opportunity as we saw repeat insider orders to the tune of about $700,000. This is a utility stock, normally a flight to safety in times of market turmoil, so it's not as volatile as tech names.
The stock rallied 5% Monday, so we cashed out on a big pop.
- +50% on VST (July 16 $18 CALL).
- Entered on March 5 at $1.70 a contract.
- Exited first on March 10 at $2.55 a contract
Finally, CLF Chief Financial Officer Keith Koci bought 15,000 shares for about $201,750, and he has a strong history of putting his money where his mouth is — and being right. I loved the aggressive action we saw in this stock, with the materials sector performing strongly.
The very next morning, we saw an incredible move up and… sometimes I don't even know what to say. These are supposed to be swing trades, not overnight winners. But as I always say, this is the power behind following insiders! When the market presents big, quick profits, you gotta take them.
- +50% on the first half of CLF (July 16 $15 CALL).
- Entered on March 9 at $2.50 a contract.
- Exited first on March 11 at $3.75 a contract
Remember when I said sometimes I feel like a money-printing machine? Yeah…
3D Profit Surges is based on insider buying and selling. If it's a stock that's seen repeat insider buying, and said insider has a history of being right… a la Keith Koci... we join the fun. This service has both traditional buy-and-hold moves and options plays, usually at least 60 days out to give us time. We don't expect these to be overnight winners like CLF... but hey, you take profits when the opportunity presents itself!
Also important is why these insiders are buying shares in the open market. There are generally several reasons for this… They might feel the company is undervalued… Maybe the stock got a downgrade or negative news broke, and they bought because they know the next quarter will be gangbusters... Maybe they know about a merger or a buyout… All important things to consider when entering a position — and we have it covered.
Our Weekly Blitz Alerts are issued based on institutional order flow in the options market, tracking and trading the largest, single-stock options orders throughout the day. In addition to trade alerts, I also offer up daily market commentary that you can use to come up with your own ideas based on order flow coming through my scanner.
So check out 3D Profit Surges and Weekly Blitz Alerts for the chance to get in on BIG winners like this!
If you have a big score you'd like to share with your fellow Future of Wealth readers, email us your screenshots of the trade and/or any details you want to share at wptestimonial@gmail.com, and we'll celebrate them here!
Signing Off
If you're looking for more compelling trade ideas and stock market musings to read and help you prepare for what lies ahead, here's what other experts at WealthPress are saying:
Lance Ippolito Future of Wealth | | | | A WealthPress Publication | | | | Disclaimer & Disclosures: The information in this email is intended for informational purposes only and does not guarantee specific results as there is a high degree of risk involved with trading. Also, our traders are real traders and may have financial interests in the companies discussed. Please see our Terms and Conditions for more information.
Past performance is no guarantee of future results. There is a high degree of risk involved in trading. For our full disclaimer, visit here.
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