Stocks are having a hard time maintaining upward momentum of late, but according to Fast Profits regular Chris Johnson, one group of stocks has what it takes to break the cycle.
Today, we're talking about homebuilders.
Several catalysts are converging to push homebuilders higher, and today Chris has brought us a trading opportunity at the center of it all.
Not only has the Fed completely taken interest rates out of the equation, making home construction more affordable than ever before, but this industry's also about to get a lot of new business thanks to COVID-19.
That's right; we're about to see a mass exodus of city dwellers away from metropolitan hotbeds of viral activity and into the safety of suburban life. That means Chris' projected 30% gains for today's Fast Profits stock could be just the beginning of a long, prosperous rally.
And as always, if you're looking to leverage this stock move for even bigger gains, we have an options trade for you too.
Here's Chris with today's trade recommendation:
Double Your Money, No Matter What Happens Next
Trade details:
Action to take No. 1: Buy shares of LGI Homes Inc. (NASDAQ: LGIH) using a limit order of $65.
Action to Take No. 2: Buy to open LGIH Aug. 21, 2020 $70 call (LGIH200821C00070000) using a limit order of $7.50.
With these limit orders, you can rest assured you've gotten in on this week's trade at the best possible price.
Following recent unemployment numbers, Chris is expecting LGIH to see a slight pullback, along with the larger market, before climbing skyward.
Unfortunately for rest of the market, most stocks won't be so lucky. The recent rallies are running on no more than the fumes of misguided optimism and makeshift government aid.
But as millions of American jobs are claimed by the COVID-19 crisis every week, we're bound to see another drop sooner or later.
So to ensure your money doesn't get caught in the downward spiral, another of our pro-trading authorities, Tom Gentile, has a trading system in place that he says could double your money in as little as four days.
But in reality, it doesn't always happen that fast... It happens faster. In fact, Tom's readers have been able to lock in profits like...
100% in 24 hours...
113% in less than a day...
Even 85% in 30 minutes.
With Tom delivering you one money-doubling opportunity after the next, and Chris Johnson behind the wheel of Fast Profits, you won't have to worry where the market's headed tomorrow...
Because you'll be making money regardless.
So be sure to watch this video, and Tom will show you how it's done.