Tags: Trading Strategies
Stocks: HD, LEN

How You Can Cash In on the Housing Market's Surprising Performance

By , Special Contributor, Money Morning •

If you folks have been following along, you'll know that I've recently started offering a free new service called Profit Pregame, where every morning Monday through Friday, I've been delivering an easy to digest rundown of the market, answering the three simple questions:

What's happening?

Where's the money?

How can I get some?

S.C.A.N.: The Net Worth Multiplier

When I was a market maker working on the floor of the CBOE, I took notice of something that made a select few incredibly wealthy.

I saw huge orders coming in, and almost inevitably, those orders would be followed by blockbuster news that would cause the stock to soar.

And I realized that these were insiders… making safe bets ahead of big news. And profiting big.

And now, for the first time ever, ordinary investors can take advantage of these wildly profitable insiders’ moves.

It’s totally legal… amazingly lucrative… and incredibly simple. I call it S.C.A.N.

I’ve built S.C.A.N. from the ground up to help me identify these market-shifting moves – in REAL time.

And I used it to help multiply my net worth exponentially in just two years.

S.C.A.N. allowed me to go from hellish 80-hour work weeks to working just one hour every day, Monday through Thursday.

My system does all the heavy lifting in helping me make my decision. I set the trades up, they go live, and they can make 100%, 200%… even 800% – sometimes in a matter of hours.

If you’re behind on your retirement, or sick of working 50 or 60 hours a week for someone else, or if you just want more income every month… S.C.A.N. can get you the cash you need.

Today, I want to aim these three questions toward the housing market's unexpected comeback. I'll break down how you can profit from this sector's surprising stability...

What's Happening?

Despite the impact of coronavirus, Americans are still ready and willing to buy a new home or fix up their current one.

To no one's surprise, the housing market experienced a sharp decline at the beginning of the pandemic...

In fact, in April, pending home sales reached their lowest point in nearly two years.

However, as restrictions begin to lift and more Americans go back to work, an influx of buyers and sellers are coming back to the market. And this rapid return is beginning to form what could be a "V-shaped" recovery.

Over the past few weeks alone, purchases have been skyrocketing. And we're seeing 13% more than at this same time last year.

Listed homes are also typically under contract within 30 days, which indicates that the market is moving fast.

Where's the Money?

This momentum is an excellent sign for the housing market - but it also helps boost the stocks of builders, retailers, home goods suppliers, and real estate companies.

For instance, Home Depot Inc. (NYSE: HD) is up nearly 15% this year, making it the third best-performing stock in the Dow in 2020.

And HD isn't the only one making news. Homebuilder Lennar Corp. (NYSE: LEN) is up 15% this year, too.

So, it goes without saying that the housing market is booming and has come back from its April lows stronger than ever.

But I've got my eye on one specific name in this world.

And using my proprietary system, I found the perfect play on this stock that could deliver you some massive gains.

Here it is...

How Can I Get Some?

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Using my proprietary trading system, I zoned in on a stock that is the perfect setup for this real estate boom...

Lennar is a leader in the world of constructions and sales of single family homes.

And when I saw this signal come up on S.C.A.N. - I knew it would be an excellent opportunity for my Profit Pregame readers.

I really like the LEN Nov. 20, 2020 $65 calls for a nice bullish play on the momentum building in the housing industry, especially if you can get them for less than $8.50.

If you agree, all you have to do is tell your broker that you want to buy to open the LEN Nov. 20, 2020 $65 calls for $8.50 or less, and just like that, you've got skin in the game.

Money Tip

Listen, I know what it's like to feel stuck - to feel like no matter what you do, your finances will never change. I also know what it's like to lose everything you've worked harder than ever to build.

In fact, when I lost my first small fortune, I fled to Thailand and lived there for months on a shoestring budget. I couldn't handle the mistakes I kept making.

But there's a simple strategy I started following that turned my life around...

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Andrew KeeneAndrew Keene

About the Author

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Andrew Keene is a globally known trader and a renowned expert on all things options.

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