By Tom Gentile, America's No. 1 Pattern Trader, Money Morning • @powerproftrades - • Print | Email
With Bitcoin poised to go much higher, there are some smaller, lesser-known “microcurrency” coins that can jump triple and sometimes quadruple digits nearly every time Bitcoin does.
And while coins like Ethereum, Litecoin, etc.
have had incredible runs lately, Tom’s seeing some serious potential in the coins that can be a little more low-key, like this one….
By Tom Gentile, America's No. 1 Pattern Trader, Money Morning • @powerproftrades - • Print | Email
Tech stocks are leading the market's current pullback and creating a profit opportunity for us in the process.
Today, Tom's showing you how to use "top-down analysis" to find the top 10 stocks that are pulling back in the tech sector and the two best strategies to play them all right here….
By Tom Gentile, America's No. 1 Pattern Trader, Money Morning • @powerproftrades - • Print | Email
Tom's Money Calendar is signaling to a perfect profit play for the current market slump.
This trade's not only cheap, but it's also finished in the green for eight years in a row, so it's a tradeable pattern.
Best of all, it's offering way better than double-the-money profits in five weeks or less..
By Tom Gentile, America's No. 1 Pattern Trader, Money Morning • @powerproftrades - • Print | Email
Folks have been waiting for the cruise industry to turnaround, and it's finally time; the trend is building.
This beaten-down company could very well be the top turnaround play of 2021.
By Tom Gentile, America's No. 1 Pattern Trader, Money Morning • @powerproftrades - • Print | Email
Tom Gentile went on camera to predict Bitcoin would hit $50,000, and, 10 months ahead of schedule, we're at $51,000 So today, he's giving us an updated bullish Bitcoin price prediction.
By Tom Gentile, America's No. 1 Pattern Trader, Money Morning • @powerproftrades - • Print | Email
On its way to $100,000, Bitcoin will likely hit $50,000 fast.
Once it does, that’s 70% gains just this year.
But if you only own Bitcoin, you’re not getting all the profits available out there.
Indeed, there are also great Bitcoin stocks to take advantage of.
And the profits you book on this easy stock trade Tom’s showing you will prove it… .
By Tom Gentile, America's No. 1 Pattern Trader, Money Morning • @powerproftrades - • Print | Email
Tom has picked the 10 most likely short "Super Squeeze" bets out there right now, and he'll name each and every one of them and show you the best way to trade them for big gains right here in this latest video….
By Tom Gentile, America's No. 1 Pattern Trader, Money Morning • @powerproftrades - • Print | Email
Just as we predicted, Bitcoin's now hit over $40,000, thanks to big institutional investors and corporations who've pumped $17 billion into BTC and other microcurrencies over the past few months.
Bitcoin's mass acceptance gives it solid footing to reach Tom's one-year, $100K price target.
But due to some incredible events over the past three days, Tom might actually have to increase his price target…
By Tom Gentile, America's No. 1 Pattern Trader, Money Morning • @powerproftrades - • Print | Email
Unless you've been camping on Mt. Everest this week, you've heard the deal with GameStop.
The company had been on deathwatch since 2019, and it didn't do as well as other pandemic-era "comebacks"… until the Internet got hold of it. The price action has been just absolutely bananas over the past week or so, as momentum has gathered. In the five minutes since I started to type this, the price has yo-yoed in a $50 range.
GameStop has been a short squeeze of massive proportions, but as of Wednesday, the two biggest short positions, run by Melvin Capital and Citron Research, have been covered and closed. Finito. Andrew Left, the CEO of Citron – which really likes to short stocks – said his traders had covered their short at $90 and taken a 100% loss.
Without the big shorts, there's just no mechanical reason for this rally to continue. It's like a car with the gas light on – you might make it a couple more miles, but one way or another, you're stopping. It could be a matter of hours before those Internet-based investors realize they've bought big into a company that, for all the hype of the past few days, is still a really troubled operation on deathwatch.
Here's the thing, though… GameStop is only the biggest, most famous of these stories right now. Reddit, TikTok, and other social media-based investors have targeted other big Wall Street shorts out there.
I've made a list I'll share with you in a second, and I'll tell you how to play them.
Like I said the other day, cooler, calmer heads have a chance to sneak in the back door, safely pocket some gains, and get out again before anyone realizes what's happened… Full Story
By Tom Gentile, America's No. 1 Pattern Trader, Money Morning • @powerproftrades - • Print | Email
Since the beginning of January, a strange, but fascinating saga has surrounded GameStop stock, with billions gained and lost in a matter of days – even hours.
The best part is, all this drama's opening up an opportunity for small, level-headed traders to walk in, set a profit target, and get out with an absolute minimum of risk…
