Drug Approval Sets Up a Trading Opportunity ...READ MORE
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| Drug Approval Sets Up a Trading Opportunity | | Many traders watch for FDA approvals of new drugs. That news can often push a stock's price up or down by a large amount in a single day. Large moves can happen even when the news is expected and even when traders are fairly certain an announcement is imminent. [SPONSORED CONTENT] | | Number one breakout technology of the next decade? It has already begun... Apple, Amazon, Microsoft, Google and the telcos are in a desperate race to get this company's new technology onto the market. What could be so big that these behemoths are fighting to be first? It's simple… Imagine connecting every device on the planet 100X faster than anything today.
I believe this company's stock price could quadruple, handing early investors a fortune. That's why I created a special report detailing every aspect of what this company does and how early investors could make a killing. You can view my briefing HERE. | | When the company recently announced its results for the latest quarter, management delivered better than expected earnings. But sales missed expectations and management blamed the stock market decline for the fourth quarter.
The news lead to a plunge in the stock price and increased volatility in the stock and, as we explain in our latest article, that creates a potential trading opportunity.
The company serves consumers in the luxury housing market, and those buyers are sensitive to stock market moves. When stock plunges, sentiment declines quickly and these house holds hold back on spending for big ticket items.
This forced the company to lower expectations for the upcoming quarters because sentiment tends to drop quicker than it rises. And, a decline in higher priced home sales could affect the rebound in sentiment and shopping.
There is some good news in all of this – there's now a trading opportunity that delivers a gain of more than 60% in less than three weeks.
We show you the recent market data to explain that potential gain in our latest free educational article that is available right here.
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