The Most Boring Markets Are Sometimes The Best Opportunities
June 8th at 3:30pm CT
Join AGT with guest speaker Keith Harwood, Chief Options Strategist for Option Hotline, for an in-depth discussion of how he uses options analysis to leverage markets that seem to be stagnant or "boring".
Keith will discuss how he combines options analysis with technical analysis to find trading opportunities even when the market seems to be limited on opportunities.
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.
These Stocks Run Higher Every Hurricane Season by Ian Cooper
It’s hurricane season again.
That means that it’s time to buy stocks like Generac (GNRC), Home Depot (HD), Lowe’s (LOW), and Xylem (XYL), as we’ve recommended for that last few years.
The last time we recommended these stocks was around June 2020. At the time, GNRC traded around $110 and ran to $172 not long after. Home Depot traded around $230 and is now up to $287. Lowe’s ran from around $122 to $164.Xylem ran from about $62 to $85.
Now, with hurricane season heating up again, those stocks could run again.
After all, NOAA is predicting another above-normal season.
“For 2021, a likely range of 13 to 20 named storms (winds of 39 mph or higher), of which 6 to 10 could become hurricanes (winds of 74 mph or higher), including 3 to 5 major hurricanes (category 3, 4 or 5; with winds of 111 mph or higher) is expected. NOAA provides these ranges with a 70% confidence,” says NOAA.
Some of the top stocks to keep an eye on include:
Generac Holdings (GNCR)
GNRC is a $20.6 billion leader in power generation equipment and other light-motor equipment for residential and industrial customers. The company is the market leader in home standby generators and the leading global manufacturer of mobile generators for industrial use.
Beyond the physical damage to homes and businesses, one of the biggest inconveniences of a powerful storm is electrical outages. GNRC has a history of running higher around the beginning of the hurricane season with folks rushing to get power generators.
GTI - Gettess Turning Point Indicator by Lee Gettess
The Gettess Turning Point Indicator (GTI) is actually a combination of indicators which provide a much more powerful analytical basis than any single indicator could. I won’t go into great detail about how each of the indicators is calculated. They are all in the public domain and available on most commercial software graphics packages. I will give you a brief overview of what the indicators are.
We use Keltner Channels, which are made up of an exponential moving average, plus bands that are displaced above and below the moving average by a factor of the average true range. The average true range length is the same as the length of the moving average, and the factor can be any multiplier times that average true range. For instance, you could have a 6 period exponential moving average then have bands that are 1.5 times the 6 bar average true range above and below the 6 period exponential moving average. I don’t think the values for these things are terribly critical to the success of the GTI. I have used 6 and 1.5 (that is a 6 period moving average and 1.5 times the ATR). I have also used 9 and 2, 20 and 2, 10 and 1.2…Most of the time I use a 7 period exponential moving average with the ATR displaced by a factor of 1.
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