Start the conversation
Comment on This Story
Or to contact Money Morning Customer Service, click here.
After a strong year-long run for tech, money is moving out of those leaders and looking for value.
The climb's been great for the FAANG stocks we love and NASDAQ 100 stocks - but now they're rolling over in an intermediate-term tech bear market.
So I'm looking to trade a rally in a stock that's been undervalued. It's about to stage a revenue and share-price recovery on the country's post-vaccination return to activity.
It's one of the best ways to profit on pent-up demand. There's another catalyst to profits, too - NFTs (non-fungible tokens). The company has a great opportunity to add a long-term revenue stream with NFTs - find out how in today's Fast Profits video:
Trade details:
Action to Take No. 1: Buy shares of Live Nation Entertainment Inc. (NYSE: LYV) using a limit price $83.
Action to Take No. 2: Buy to open the Jan. 21, 2022 LYV $90 call (LYV220121C00090000) using a limit price of $10 or lower.
Don't Miss This Special Event with Chris
Today, March 31, at 4 p.m., I'll tell you the best stocks to buy from the sectors I see being the most profitable in April.
Plus, I'll give you not one, not two, but three specific trade recommendations, one from each of these sectors.
The second the closing bell rings on Wednesday, tune into my exclusive livestream: Your April Trading Playbook.
Joining me for this special event is absolutely free - and simple.
I'll send an e-mail alert to all my Straight-Up Profits readers when we're live this afternoon.
Follow Money Morning on Facebook and Twitter.
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.