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2 Undervalued Stocks Set To Soar by March Posted: 08 Feb 2021 08:47 AM PST January 2021 has already brought about an onslaught of unpredictable moments in the stock market — like the uncharacteristic surge in GameStop and AMC spurred on by thousands of reddit users. Since these short squeezes and rallies won't be sustainable in the long run, I've been searching for some undervalued stocks on the rise in February… And I just found them. 2 Stocks on the Rise in February 2021 Today, I'm covering two old-school stocks on the rise right now, and they could soar with bullish momentum all the way to March. The first stock on the rise in February 2021 is as sweet as its name suggests: Honeywell. Honeywell International Inc. (NYSE: HON) is an American multinational multi-industry company with a strong belief in creating the future instead of waiting for it. The company operates in four different areas: aerospace, building technologies, performance materials/tech and safety and productivity solutions. If you look at HON's daily chart, you'll see it has been moving sideways in a consolidation phase for a few months now. Usually when something like this happens, the underlying momentum and energy in the stock begins to coil like a spring. And when the stock breaks out, either higher or lower, the spring unleashes all that momentum, which becomes a strong driving force for the price. If you look closer at HON's chart, you'll notice that some investors bought 1,500 of the March calls on Jan. 15… That amounts to a $1.6 million bet. Even though seeing something like this on a name like Honeywell is odd, I understand why this investor made such a big move. It's stocks like this one — the ones investors love to ignore — that end up creating huge paydays for options traders because the contracts aren’t that expensive due to low implied volatility.    And I have a sneaking suspicion that the same investor just spent another $1.5 million on this other rising stock… Make sure to watch my video below to get the complete list of stocks on the rise in February 2021. As always, leave your thoughts in the comments section below and don't forget to subscribe to my YouTube channel to stay up to date with all things options trading. P.S. After watching about the two stocks on the rise right now, read this: America's No. 1 premarket trader Tom Busby and Roger Scott are about to expose something earth-shattering about the stock market…  It all started with an undercover recording, and now it has turned into something so much larger. Some are starting to say they've "hacked" the market.  But all the money is made before the market even opens…  In fact, this new premarket strategy could turn a measly $1K trade into over $12,396 in just one year!  Learn Their Secret Premarket Strategy The post 2 Undervalued Stocks Set To Soar by March appeared first on Wealthpress.

This S&P 500 Stock Is Gaining Strength Posted: 08 Feb 2021 06:55 AM PST Global stock markets and U.S. futures are higher this morning following Wall Street's best week since November and Japan's benchmark reaching a three-decade high.  Investor sentiment has been boosted by recent positive corporate earnings, which haven't been good since the COVID-19 pandemic surfaced last year. Even export-based areas like Japan and China are expected to see an increase, and remember, China was one of the only countries that had a solid GDP in 2020. And that's a huge factor right now… In today's video, I have more on the severe vulnerability in the major indexes… which Federal Reserve reports will shape trading action this week… which direction long bonds are moving and what to expect… and one S&P 500 stock gaining relative strength.    P.S. I'm not sure if you know this, but the most important work traders do happens before the stock market opens…  Premarket trading helps investors and traders develop a plan of action for that day to stay ahead of this crazy and unpredictable market.  And lately, I've been receiving helpful tips and tricks from the world's No. 1 premarket trader — alerting me to trades based on signals happening before the opening bell.  If you'd like to get in on these trades too, just click here to watch the urgent video I put together on this new market hack. The post This S&P 500 Stock Is Gaining Strength appeared first on Wealthpress.

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