Follow topicFollow Making Money with OptionsStart the conversation
Leave a Reply
After a calm and steady 2017, volatility is alive and well in this 2018 run. Last week, for example, the Dow Jones continued to seesaw in a triple-digit range.
But that doesn't mean we can't score major profits…
In fact, a bitter federal court battle just ignited an opportunity for a 28,700% sales surge. This tiny firm is merely a fraction of the size of the biggest blue chips… but the opportunity at hand is part of a rare and exceptional market sub-niche responsible for trades big enough to have turned $1,000 into $1.6 million in a single play over the long term.
Go here to find out how you could claim a spot on the ground floor.
But I get it; pinpointing opportunities like this can be like finding a needle in a haystack…
And that can make searching for that perfect stock – that needle in the haystack – an especially daunting task.
But don't worry – that's why I'm here. I've spent nearly 30 years in the securities industry – including some time on the floor of the American Stock Exchange. And I've made it my mission to share everything I've learned and all the secrets that Wall Street doesn't want you to know.
That's why, today, I'm going to reveal the single best stock to trade in the top-performing sector of the markets right now…
The Needle in the Haystack Is in Technology
Last week, I showed you why Technology Select Sector SPDR ETF (NYSE Arca: XLK) is the top-performing sector in this wildly volatile market.
XLK is known as the "Technology Select Sector" and seeks to provide investment results that correspond to the price and yield performance of the Technology Select Sector of the S&P 500 Index.
And as of now, it is up 6.6% year to date.
In a market as volatile as today's, this is the kind of consistent upward movement you want to see…
But while trading an ETF is a sure way to cash in on any market environment, sometimes, the greatest profits come from the underlying stocks themselves…
Here's a look at the top 10 performing stocks in the XLK at the time of writing (March 9), based on my proprietary tools…
When you take a closer look at the "Change (%)" column, you'll can see that one stock is outperforming the rest…
Join the conversation. Click here to jump to comments…
About the Author
Tom Gentile is one of the world's foremost authorities on stock, futures and options trading.
With more than 25 years' experience trading stocks, futures, and options, Tom's style of trading systems and strategies are designed to help individual investors propel themselves past 99 percent of the trading crowd.