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The global economy is preparing for a full-scale reopening with COVID-19 vaccines becoming more accessible by the day. This return to "business as usual" stands to benefit one sector more than any other: industrial materials.
The industrial space was hit hard during the pandemic. Mass production came to a screeching halt practically overnight. But now, factories are firing on all cylinders ahead of a worldwide industrial revolution. In fact, recent research projects revenue among chemical makers will increase 8% through 2021.
That means now is the time to trade in the basic materials sector…
On today's edition of Fast Profits, I'm zeroing in on a leading producer of "forever chemicals," a namesake earned by their seemingly endless shelf-life. These chemicals are arguably the building blocks for our way of life – they can be found in everything from the fabrics we wear to the coolant in our refrigerators and the plastics in our… well, everything. Today's featured stock in particular is behind some of the most easily recognizable household names like Teflon and Freon.
Right now, this stock is gaining support from a host of technical indicators, signaling a massive breakout on the horizon. And with an earnings report scheduled in two weeks, a trade on this stock could be one of our fastest profits this year.
For the full details, check out the video below…
These Dynamic Profit Plays Are Ripe for the Picking
Trade details…
Action to take No. 1: Buy shares of Chemours Co. (NYSE: CC) using a limit order of $27.25.
Action to take No 2: Buy to open CC June 18, 2021 $27 call (CC210618C00027000) using a limit order of $3.95.
If you're familiar with Chemours, you know this could be one of our biggest wins yet.
Its influence gained from long-successful, established products gives it an upper hand in the chemicals industry. And the highly dynamic, seemingly endless applications of its industry make it one of the smartest, most profitable plays we've made since the beginning of the pandemic.
But this isn't the only limitless opportunity I'm really excited about right now…
You've probably heard that the crypto market's on fire right now.
After all, decentralized digital currencies that can be tailored to fit any industry are some of the wildest financial phenomena of the century.
But now, after Blackrock added Bitcoin to two of its tradable funds, and the Bank for International Settlements made crypto research a "top priority," this market's preparing for a breakout like we've never seen.
And we're not just talking about Bitcoin either – there are countless "discounted" altcoins that could deliver the same profit potential… if not more.
And right now, Tom Gentile can show you the best ways to play these microcurrencies – and the best coins to have in your wallet.
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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 Straight-Up Profits. He also contributes to Money Morning as the Quant Analysis Specialist.
Hey Chris. Is there an exit strategy for your CC call? Thanks!
Jared,
Thanks for reaching out, that's a great question.
There are no official exit strategies on Fast Profits trades – at least not at the time of recommendation. Though if Chris sees any drastic stock moves on the horizon, he will absolutely email out a sell-to-close recommendation.
We operate this way in order to allow our readers to maximize profits on any given trade: in fact, many of our recently closed picks like CHWY, ETSY, and SPWR hadn't hit their peaks in profit until the day before expiration.
That said, if you'd like a little added security in your trading, you could certainly implement a stop-loss at your own discretion. For more instruction on how to do this, I'd recommend reaching out to your brokerage.
Best of luck,
– Fast Profits Team Member