Start the conversation
Leave a Reply
You must be logged in to post a comment.
During the initial stages of lockdown, I was completely "hands-off" the travel sector - and for good reason.
Flights were getting canceled, cruise ships were out of commission, and even crossing over state lines was taboo...
But things are starting to change as we regain our sea legs and get a handle on the coronavirus. The global case count is falling more and more every day, and our economy has more than stabilized since the crash of early March.
And despite the recent pullback in major market indexes to be expected after a jaw-dropping rally, one travel stock is emerging from quarantine stronger than ever.
Today, we're talking about a go-to online booking company that's trending higher as borders gradually begin reopening to a mass of antsy tourists.
This stock saw a solid 27% pop after a positive analyst rating, and it recent just completed the coveted "Golden Cross" - a major breakout signal among technical traders.
But this stock isn't just flashing signs of near-term profitability - it's maintaining consistent volume despite September's historic volatility, telling me this stock could carry us all the way to a money-doubling payday.
Check out the full details in this video...
How to Profit Despite the "Curse of 2020"...
Trade Details:
Action to Take No. 1: Buy shares of Expedia Group Inc. (NASDAQ: EXPE) using a limit order of $100.
Action to Take No. 2: Buy to open EXPE Jan. 15, 2021 $100 call (EXPE210115C00100000) using a limit order of $14.
If there's anything we've learned over the past few months, it's that the old ways of trading just won't do in the mid- and post-corona world.
We're not playing by the same set of rules we once were - since the first outbreaks of COVID-19, the market has completely shattered records of volatility and trading volume.
So while we've been under quarantine, I've been busy formulating a brand-new, cutting-edge profit-taking strategy.
My readers have already put this system to the test, like one man who took his family on a "once in a lifetime" retreat to Hawaii with his profits...
Or a woman who turned $800 into $34,000 in no more than a month.
And now, with my wealth-building tool in your pocket, the next record-setting payday could be yours...
Follow Money Morning on Facebook and Twitter.
Here Are 10 “One-Click” Ways to Earn 10% or Better on Your Money Every Quarter
Appreciation is great, but it’s possible to get even more out of the shares you own. A lot more: you can easily beat inflation and collect regular income to spare. There are no complicated trades to put on, no high-level options clearances necessary. In fact, you can do this with a couple of mouse clicks – passive income redefined. Click here for the report…
About the Author
Chris Johnson is a highly regarded equity and options analyst who has spent much of his nearly 30-year market career designing and interpreting complex models to help investment firms transform millions of data points into impressive gains for clients.
At heart Chris is a quant - like the "rocket scientists" of investing - with a specialty in applying advanced mathematics like stochastic calculus, linear algebra, differential equations, and statistics to Wall Street's data-rich environment.
He began building his proprietary models in 1998, analyzing about 2,000 records per day. Today, that database, which Chris designed and coded from scratch, analyzes a staggering 700,000 records per day. It's the secret behind his track record.
Chris holds degrees in finance, statistics, and accounting. He worked as a licensed broker for 11 years before taking on the role of Director of Quantitative Analysis at a big-name equity and options research firm for eight years. He recently served as Director of Research of a Cleveland-based investment firm responsible for hundreds of millions in AUM. He is also the Founder/CIO of ETF Advisory Research Partners since 2007, noted for its groundbreaking work in Behavioral Valuation systems. Their research is widely read by leaders in the RIA business.
Chris is ranked in the top 99.3% of financial bloggers and top 98.6% of overall experts by TipRanks, the track record registry of financial analysts dating back to January 2009.
He is a frequent commentator on financial markets for CNBC, Fox, Bloomberg TV, and CBS Radio and has been featured in Barron's, USA Today, Newsweek, and The Wall Street Journal, and numerous books.
Today, Chris is the editor of Night Trader and Penny Hawk. He also contributes to Money Morning as the Quant Analysis Specialist.