Use Weakness in Sports Gambling Stocks as Opportunity

May 19, 2021 www.tradewins.com Other Exciting News When Roger Scott heard this… he twisted Chuck’s arm to share. We just caught wind of Chuck Hughes announcing the biggest project of his entire career: The Triple Threat Challenge… A chance for YOU to completely transform your life over summer… He’s starting traders off with a special $50,000 challenge account… and equipping them with the tools necessary to make returns of a lifetime… ...and to become a championship level trader on their own. Click here to see what Roger Scott just leaked. Recent Articles Use Weakness in Sports Gambling Stocks as Opportunity by Ian Cooper Futures as a Trading Instrument by Joe Duffy Guaranteed Real Optioneering Winners by Chuck Hughes TradeWins Author Team     Tomorrow, you could begin doubling your account every single month starting with one letter. The letter will come from a 20-year trading professional named Ian Cooper. He says, “In 2017, following my trades you would be doubling even tripling your account some months. Let me show you how.” He will show you exactly what to do... and he’ll give you the blueprint for just $1. Get Daily Trade Alert Now About TradeWins Inside Trading Newsletter Webinars Videos Trading Strategy Options Futures Forex Day Trading Subscription Services E-Books Customer Satisfaction Survey 2020 Use Weakness in Sports Gambling Stocks as Opportunity by Ian Cooper Sports betting stocks have become ridiculously oversold. In fact, you may want to use weakness as an opportunity in stocks, like DraftKings (DKNG), Penn National Gaming (PENN), and the Roundhill Sports Betting & iGaming ETF (BETZ). After all, if sports gambling continues to grow, Gambling Compliance, as noted by Kiplinger, says the market could see between $5.9 billion and $8.2 billion by 2024. Morgan Stanley says the U.S. sports betting market could run to $10 billion. Globally, it could hit $10 billion a year by 2025. By 2030, Bank of America says we could see the market up to $24 billion. With that, we’d buy any signs of weakness in related stocks. Look at DraftKings for example. After falling apart around $75, the stock appears to have caught support just under $44. Plus, RSI, MACD, and Williams’ %R are all on the floor, oversold. That’s not sustainable. In addition, the only reason the stock is down is because of a wider than expected loss of 87 cents, as compared to estimates for 42 cents. Read More   Futures as a Trading Instrument by Joe Duffy If your investment background has been in stocks or bonds or some other more “traditional” instruments, you may have heard some negative things about futures…how traders are “gamblers” or “gunslingers” in a “crapshoot” where you can wind up with a load of wheat or cattle dumped on your front lawn. Or how nasty speculators drive up prices…or maybe drive down prices. You have probably heard other derogatory comments, often from those who have something to gain by getting you to invest in stocks or bonds or something other than futures. Like virtually every other instrument, futures do have their risks, but they can also reduce some of the risks that exist in the investment world. We can clear up some misconceptions and explain the purposes, uses and advantages of futures. If you want to be an active trader, they will give you the most “bang for your buck” but, at the same time, can be a valuable tool to manage the risks of a portfolio in a conservative manner. Read More Guaranteed Real Optioneering Winners by Chuck Hughes The first profit opportunity we will review this week is a stock purchase in HBAN, or Huntington Bancshares Incorporated. HBAN is a regional bank holding company headquartered in Columbus, Ohio. The monthly chart shows that HBAN recently hit a new record high. A new record high is a positive sign for the bulls. The daily chart shows that HBAN was in a strong bull trend from September until March. The overall trend since then has been sideways. Sideways trading in a bull trend is usually followed by a further advance. We recommend buying HBAN stock at the current price level. The HBAN dividend yield is 3.79%. Read More   www.tradewins.com                © Copyright 2021 TradeWins.com. All rights reserved. TradeWins Publishing, 22C New Leicester Hwy, #117, Asheville, NC 28806 Email: support@iss-trading.com   |   Phone: 888-233-1431   |   Fax: 888-258-4938   PLEASE READ: Auto-trading, or any broker or advisor-directed type of trading, is not supported or endorsed by TradeWins. For additional information on auto-trading, you may visit the SEC’s website: All About Auto-Trading, TradeWins does not recommend or refer subscribers to broker-dealers. You should perform your own due diligence with respect to satisfactory broker-dealers and whether to open a brokerage account. 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