Total Alpha Program | Jeff Bishop’s Midweek Market Update

The Fed came and went like a whisper no one heard. They confirmed low-rates and a commitment to higher inflation leading to a muted market response. It’s almost like we knew what they were going to say…

Back on planet Earth, the rest of us were trading the markets in front of us. Stocks took a face plant into the close as investors shrugged off the Fed’s support.

The markets sit at a key inflection point. Let’s take a look at areas you need to pay attention to, and where you can make some healthy green.


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Key Stocks I’m Trading Right Now

Every day, I update my list of stocks that I’m watching for setups. While I normally reserve this for paid members, I’ll give you a look at what I’ve got my eye on.

Expected earnings dates listed in (…)

Stocks I want to bet against…

NFLX (April 21), AMZN (Jan 30), AAPL (Jan 28), FB (Jan 29), CRM (Mar 2), AMD (Jan 28), HUBS (Feb 12), TWLO (Feb 5), NOW (Jan 29), SPCE (Feb 25), TLT (none)

Stocks I want to buy..

CMG (Feb 4), DIS (Feb 4), MJ (none), CVNA (Feb 26), PLNT (Jan 29), UVXY (none), STZ (April 2), UNG (none), TSN (Feb 6), BYND (Jan 27), XLE (none), WMT (Feb 18), BA (Jan 29), WDAY (Feb 27), LK (??), PTON (Feb 5), KL (Feb 20), BUD (Feb 27), BKNG (Feb 26), HON (Jan 31), WORK (Mar 4), TTD (Feb 20)

Amazon already paid me well over $40,000 in the past month. I’m already in trades with AAPL, FB, WDAY…well let’s just say I’ve got a few on the books…most of which are at a profit.

One of The Best Days To Trade

The day after the Fed is one of my favorite days to put on new trades. That’s why I’m hosting a live event today. Best of all, I’ll be trading for the whole world to see. Find out how to apply all the techniques and skills to real trades.

You can watch by clicking this link.

This is going to be awesome. Not only does the timing line up here, but with yesterday’s close, the markets display a lot of volatility. That creates plenty of opportunities for some juicy trades if you know where to look.

Earnings Deluge

You might have noticed that I’ve got a lot of plays that go through earnings. We’re seeing a lot of stocks trade inside the expected move priced by the options.

The question remains whether the Coronavirus takes a huge chunk out of the Chinese economy. Estimates already suggest shaving off 2% from the already paltry 6% GDP.

That’s what made Apple’s earnings remarkable given their supply chain in China. It’s also why I sold a call spread on the company this week that’s already looking to be a nice trade.

The Strength of Gold

Gold continues to show a ton of strength and is one of the markets I’m pretty bullish on. With equities primed to stall out and uncertainty creeping back in, gold benefits as the defacto ‘safety trade.’

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This is what I’m holding after I already took some sick profits

Even if the precious metal pulled back to the 200-period moving average on the hourly chart, it would still be bullish. That’s why I’m taking dips as opportunities to load up.

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GLD Hourly Chart

Possible Bottom In Energy

Crude oil, and especially natural gas, have been searching for a bottom for quite some time now. If natural gas gets much cheaper, they’ll be giving it out with packs of baseball cards.

The record production within the U.S. could be slowing as rig counts continue to decline.

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The bottom in rigs in 2016 led to a decent rally in energy stocks through the remainder of the year, as well as the commodities themselves. While we probably have a but more to go given the stockpiles, we also have much higher global demand than we did then.

High Profits

I have to admit that I really like the cannabis industry at the moment. Times continue to change, with many states now legalizing medical marijuana if not recreational use. We’re already seeing presidential candidates talk about the issue, which could bring about change as soon as next year.

In particular, I like the ETF MJ that invests in the sector. It’s got a great risk/reward here as it’s very close to its all-time lows. Plus, it yields over 7% (though that’s likely unsustainable).

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MJ Daily Chart

Check out the recent pop that broke the sustained downtrend. With a nice retracement, this ETF looks prime for the picking. This is one of those trades that could pay out for months to come.

You And The Captain Can Make It Happen

The party boat sets sail today. Join me for this special event. All the techniques and tricks will be on display. Watch me trade live!

Click here to join this live event…

Kyle Dennis FAST 5 Trade Alerts | How To Improve Your Trading Success Rate?

It’s hard to trade out there if you’re trying to figure out the overall market direction.

So to help as many people as possible, I looked at questions that many of my readers asked… and one common response was…

How do I improve my success rate?

Let me break it down for you…

Find Your Pain Points

When you first start out trading, it’s easy to fall into traps and hop into every single stock you see moving… without understanding the reason for the massive move. That’s one of the main reasons why the old Wall Street adage goes, “90% of traders fail to make money in the stock market.”

However, that statistic has some bias baked into it… but I can tell you the failure rate is rather high for traders. Heck, I even came close to becoming a statistic…

I tried to be a jack of all trades… as I tested out dozens of strategies out there… until I hit my max pain point — down 50% on my small $15K account in just a few months.

So what did I do?

I reviewed my trades and cut all the losers out. I slowed down and became patient with my plays — until I mastered one single strategy.

When you’re able to focus on just one strategy, you can make adjustments and tweaks until it reaches near perfection.

Here are a few tips you can implement starting today that could improve your chances of success:

  • Write down all your trades and categorize them. When you journal your trades, you’ll start to find a pattern and realize what strategies work for you and which ones cost you money. All you have to do after is cut your losing strategies and focus on the winners.
  • Have a trading plan in place. For my strategies, such as my  Fast 5 Trades, I have a thesis, as well as buy, stop-loss, and target zones. That way, my clients just have to execute and stick to the plan.
  • Remain patient and just place your bets behind your best ideas. It’s easy to fall into the trap and just push buttons all day… but don’t, it’s the quickest way to lose money in the markets. It’s okay to step away from your desk if you don’t see anything that’s moving.

I know what you’re wondering… Kyle, do you practice what you preach? 

Of course, and I want to lead by example every chance I get.

Journal Your Trades

After every trade, whether it’s a winner or loser, I break down the trade and send it off to my clients. For example, even though I achieved a 91% success rate on my Fast 5 Trades… I didn’t just celebrate and forget about my trades…

In fact, I journaled and showed traders how I spot these trades and what they could do the next time they see similar setups…

For example, one Fast 5 Trade winner was in Party City, and I actually broke down the “gap fill” play for them.

Check out that green circle in the chart below. All of that blank space between the close on Nov. 6 and the open on Nov. 7 is the “gap” I’m referring to.

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The shares closed at $6.10 on Nov. 6 — but Party City reported a major earnings disappointment ahead of the bell back on Nov. 7, and the stock opened way lower at $3.29. 

That 46% opening deficit created the “gap” in PRTY’s daily chart that you see below… and things didn’t get much better for the stock during that post-earnings session. PRTY hit a post-bear gap high of only $3.31 on the day — just $0.02 above its opening price — before settling at $2.00 per share.

During the final week of 2019, though, PRTY finally broke out above this price point and started to gather real bullish momentum.

Last week’s trading was particularly compelling, in terms of setting up a bullish play for PRTY. The shares didn’t go too wild, mostly just consolidating atop newly established support at $2.50 — a sideways price trend that might not seem terribly exciting on its face.

Plan The Trade, And Trade The Plan

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Trading gets a heck of a lot easier when you have a plan to follow. When I send out my highest conviction trade idea to my Fast 5 Trades clients, they know exactly the reasoning behind the trade, as well as where to get in, take profits, and stop-out.

Since everyone loves to call me The People’s Trader, I developed Fast 5 Trades… it’s my highest conviction trade idea delivered to clients via email, once per week.

Instead of overwhelming you with the minutiae about my trading style, I thought it would be easier if I just give traders my best idea  — that way, you can still earn while you learn.

Since the launch of Fast 5, I’ve only had one losing trade out of 11.

That’s a 91% win rate, virtually unheard of in the markets… while I can’t guarantee you’ll be able to achieve a success rate as I have… I can tell you I’ve got a heck of a lot more trade alerts lined up.

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Once you figure out the process and stick to it, you could lock in winners, just as many of my Fast 5 clients have been doing.

Jeff Bishop’s Total Alpha Program | Making $43,000 in AMZN The Easy Way

Yesterday may have been a rough day for some traders, as the S&P 500 declined by 52 points, -1.58%, on fears that the coronavirus could weigh down the global economy.

But it didn’t have to be. In fact, I actually made over $24,389 from trading options.

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And while yesterday was the first volatile trading day of the year. I am ready for anything… whether it’s a bounce or continued sell-off.

I’ll be alerting Total Alpha subscribers on my game plan and trades throughout the day.

While the market tries to figure itself out, I want to take this time to talk to about an options trade I had on Amazon a few days ago.

But this time, we won’t be talking about options at all.

Instead, I want to discuss something called the Life Cycles of a Stock.

Study it, and you’ll be on your way to adding more 0’s to your bank account.

Breaking Down The AMZN Trade

Iron condors combine a put credit spread and a call credit spread. This creates the ‘wings’ of the trade.

Here’s a quick example.

  • Stock ABC trades at $100
  • You sell the $110 call contract and buy the $115 call contract
  • Then you sell the $90 put contract and buy the $85 put contract.
  • You will receive a credit for this transaction

The goal is to get the stock to land between the closest strikes at expiration, in this case, $90 and $110.

Now, I bring this up because I want to explain a little trick here. You don’t have to execute this trade all at once. Instead, it’s perfectly acceptable to start with a call credit spread and then add the put credit spread later on or visa versa.

You’re probably asking – why would I do this?

Well, the closer you are to the strikes, the more you get paid for that portion of the trade. If you have a range bound stock, you can start with one side of the trade, and add the other one when it gets closer to the other end.

Let’s use the Amazon trade as an example. The hourly chart highlights an area where the stock traded in a narrow range for the last month.

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AMZN Hourly Chart

Imagine you were just trading the stock. If you saw a stock stuck in the range, you would sell at the highs and buy at the lows.

That’s basically what we’re doing here but with credit spreads. When Amazon made its first drive higher up to $1900, I took that opportunity to sell a call credit spread. That paid me a good chunk of change since I was so close to the strikes.

When the stock dropped down to $1832, I sold the put credit spread. After that, I simply waited the trade out.

Because I used the swings in price to get fatter payouts on the credit spreads, I not only reduced my overall risk but increased my earnings. This is how you combine timing and chart analysis with credit spreads.

But the real secret is leveraging a stock’s life cycle.

Using Life Cycle Analysis

I recently did a live event where I explained the three stages of a stock’s life cycle. These are the churns it goes through as it wiggles its way higher.

First, stocks go through a reversal. This doesn’t break the longer-term trend. Instead, it creates a short-term turn. I use these to time when I sell the put or call spreads at the tops and bottoms of the ranges. You can actually see this in action on the AMZN chart in mid-January. The crossover of the 13-period moving average below the 30-period moving average signaled a reversal move lower.

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AMZN Hourly Chart

Second, we have the reset areas. After a significant run, stocks like to pull back below their 200-period moving average. These make great places to sell put spreads underneath to eat up the clock. You can see that type of move from November through December in AMZN.

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AMZN Hourly Chart

Lastly, there’s the launchpad. This happens when that same stock breaks out above the 200-period moving average and gets ready to take off. This shows up on the AMZN chart in late December.

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AMZN Hourly Chart

Knowing these three phases to the stock’s movement is essential for timing your trades.

You can check out some more examples of the lifecycle in my video replay.

Click here to watch.

Kyle Dennis FAST 5 Trade Alerts | This morning’s Fast 5 Alert Up 33%

At some point, you gotta just laugh.

Because actually, the success of this service is unreal.

Fast5 has been live for 11 weeks, and 10 – TEN, PEOPLE! – of these alerts have been stone cold winning trades in 5 days or less.

Today’s was no exception.

The one loser? A measly 7% where we tactfully stopped out and preserved the maximum amount of capital.

FAST5 Trade Alerts – Here’s the full week-by-week breakdown.

Week One: +11% in I

Week Two: +25% in SRRA

Week Three: +28% in VSTM

Week Four: +38% in DMPI

Week Five: +14% in XXII

Week Six: +23% in LJPC

Week Seven: +7% in NOK

Week Eight: +50% in BB 

Week Nine: +15% in PRTY

Week Ten: -7% in PLUG

Week Eleven: DETAILS BELOW  — +33% in AEMD

Let’s dive into today’s trade in AEMD.

Here’s the exact email that went out to my Fast5 members this morning:

I send you this to show you exactly how easy this is to execute.

I not only give you a “BUY price,” but a BUY ZONE.

This way, you know exactly what range I’m comfortable owning the stock in.

Same for my Profit Zone and Stop Zone.

I make it a habit to go the extra mile for my members!

Between the time I sent out this paid alert this morning on AEMD and now (frankly, a matter of hours…), the stock price spiked up 33%.

I’ve spent years honing my stock selection skills, and I’ve developed a system that helps me spot weekly winners just like AEMD.

But here’s what you have to understand.

Stock selection is barely ⅓ of the battle.

Sure you need it to get your feet off the ground, but then I help you walk all the way to the bank…

Buy Zone – Stop Zone – Profit Zone – Trade Plan

I do all the heavy lifting, and all you have to do is plug and play…

Be Advised!

Fast 5 Trading Alerts Week 13 Results coming soon….

Next week I will alert Week 13’s Fast 5 trade.

You saw my *nearly – damn you, PLUG!* spotless track record, and I know you can put 2 and 2 together… it’s 4. And next week’s trade has these odds in its favor.

You do the math.

Fast 5 is your answer.

[Ed.note: Kyle Dennis runs BiotechBreakouts.com. He is an event-based trader, who prefers low-priced and small-cap biotech stocks.

To learn more JOIN THIS SPECIAL ONLINE EVENT: 3-Step Plan Kyle Used to Turn $15,253 into $2,855,475 and download his FREE “The $2.9 Million Biotech Trader Playbook here!]

Total Alpha Trading Program | Intermarket Analysis

Hold on to your knickers cause the markets are about to take us for a wild ride. With futures pointed to a massive decline at the open, we need to look at what’s in store for the indexes

The Federal Reserve delivers its first announcement of the year on Wednesday. Hamstrung by a fragile market and jawboning politicians, they’re widely expected to leave rates unchanged. The open question – will they soothe scared investors?

Jerome Powell already upended economists by allowing for U.S. inflation to rise above its 2% mandate – a statement that probably has Adam Smith turning in his grave.

Interestingly, we’ve managed to stay below historical levels, with the one exception being the period from the late ‘50s to the late ‘60s.

This leads me into the bond market as our first stop this week…a place that could rise further than we’ve seen already.

Bright Bond Outlook

Normally, I stick with the hourly chart when I look for setups that fit my money-pattern. However, the weekly chart for the bond market looks fascinating.

TLT Weekly Chart

Last week the bond market closed above the upper trendline that connected the high points of the candles since August. That signals bonds want to break higher out of this consolidation range.

Supported by an easy Fed, bond demand remains strong. With zero and negative interest rates around the globe, it’s an easy choice for investors. Plus, when the market finally pulls back, its inverse relationship with bonds will give it an extra push.

Markets Fired a Warning Shot

Friday’s close was different than the ones we’ve seen over the last month or so. Stocks traded weakly all day, closing in poor fashion.

SPY Hourly Chart

I first noticed the bearish money pattern crossover Friday where the 13-period moving average crossed below the 30-period moving average. Then, the market proceeded to fill the gap, and not only close at that level, but below the past couple of days. This is known as an ‘engulfing’ candle. When it happens like this at highs, it’s a bearish reversal.

The Nasdaq didn’t look as bad. But, it’s dangerously close to making a bearish crossover as well.

QQQ Hourly Chart

Now you may ask, why would this bearish crossover be any different than the light pullback we got at the end of December?

The difference is how it occurred. December’s ranged didn’t extend as far as this decline in a single day. The entire move in December was 1% from top to bottom over two days. Friday’s was 1.55% in a single day.

But let’s look at the other evidence out there.

A Significant Rise In The VIX

Back in December, the VIX hardly budged as the market rolled over. Compare that with what Friday’s move looked like in the VIX.

VIX Daily Chart

The strength behind this move was more powerful than December’s. The only saving grace was that it didn’t close above the 200-period daily moving average Friday. But I think that is only a matter of time.

Another point in favor of this decline comes from the VVIX. The VVIX, which measures demand on the VIX, actually declined on the rise in the VIX at the end of December. Friday the VVIX climbed alongside the VIX as markets fell.

VVIX Daily Chart

This is more indicative of a sustainable pullback. It would make sense given how in 2018, markets ran straight up for a month before pulling back. We’re pretty close to that timing now.

Gold Looks Glorious

I added call options in the GLD last week to my Total Alpha portfolio. Gold’s chart depicts a bullish market ready to break higher.

When I look at the hourly GLD chart, I see a bullish crossover as well as a consolidation pattern near the upper end of the trading range.

GLD Hourly Chart

GLD came close to touching the hold highs Friday. The longer it hovers here, the more likely it breaks through to much higher levels. A downdraft in the markets would certainly help this along.

Crude Looking For a Bottom

I’ll admit I’m surprised at how far crude has fallen. However, that aligns with why I would expect a pullback in stocks.

At this point, crude oil will want to test its previous lows. In the USO that coincides with $10.50-$11.00. Breaking those levels would require a lot more selling pressure than we’ve seen so far.

USO Daily Chart

Part of why I’m looking for a bottom in crude oil is its volatility. Like the S&P 500, crude oil has its own volatility measure. Right now the OVIX is at pretty high levels.

OVIX Daily Chart

That’s not to say that oil volatility is at record levels. Rather, it’s at relatively high levels. So it certainly can go lower. But, the OVIX is mean-reverting and is overextended in the short-term.

Betting Against China

Before the Coronavirus hit the wires, I already had an option bet against Chinese stocks. This paid me over 100%, and I still have part of the position.

You can learn how the same secrets to find trades like this.

Click here to learn more.

Source: TotalAlphaTrading.com | Original Link

Kyle Dennis FAST 5 Trade Picks (2020)

I want to show you why it’s important to conduct due diligence when you trade or invest in stocks — and Kyle Dennis Fast 5 Trades method to find high-conviction trade ideas. Read my full Kyle Dennis Fast 5 Trade Alerts Review. That way you could prevent yourself from being trapped in schemes like the one I’m going to reveal.

I’m sure someone at some point has told you before: You have to get in on the cannabis “gold rush” before it’s too late. But let me tell you something, it’s not all glitz and glam in the industry. In fact, pot stocks get a bad rap for a reason.

A few rotten apples run these companies with one goal in mind — to scam investors and line their pockets with millions of stolen dollars… as they buy an obscene amount of luxury items with investors’ hard-earned cash.

Today, I’ve got a story that will grind your gears that involves a duo who defrauded investors of more than $4.85M… and there’s a lesson to be learned here.

Dirty Duo Defrauds Investors of At Least $4.85M

Guy Scott Griffithe and Robert William Russell controlled Green Acres Pharms, SMRB, and Renewable Technologies Solutions. This duo — with the aid of their companies — allegedly executed a scheme to defraud over 25 investors of at least $4.85 million with their recreational cannabis company securities offering.

Here’s how the elaborate scheme went down.

Griffithe and Russel sold fugazi (fake) ownership interests in Russel’s company, SMRB, to investors for 2.5 years. SMRB was a Washington state company that held a sacred license to grow and process pot under recreational cannabis laws. They could’ve done things the right way… but they chose not to.

Soon Griffithe and Russel began to sell securities through Griffithe’s companies Renewable Technologies Solutions and Green Acres Pharms. The duo claimed both these companies held a minority interest in SMRB.

Here’s the kicker: the dirty duo told investors that their hard-earned cash would go to the operation and the improvement of the SMRB’s cannabis business.

Of course, if you’re an investor and hear this… you would be enticed to put more money in. You see, by improving SMRB’s business it would result in a shower of profits that then would be distributed to investors quarterly. Of course, in direct proportion to what they put into the company.

Investors forked over millions to get in on this budding market (I don’t blame them, especially when you’ve got the head of companies telling you they’re trying to grow their businesses)… but if it sounds too good to be true, it probably is.

The worst part about this scheme is the fact the cannabis company securities sold by the duo sold to over 25 investors weren’t even worth the cost of a single rolling paper. They were 100% fake. The investors had no stake in SMRB… their money just disappeared. A $4.85 million trick played on investors.

What The Two Did With Millions Of Dollars

Disclaimer ── If you aren’t sitting down do so before reading this!

Griffithe would personally misappropriate over $1.8 million of investors’ funds.

What’d he do with all the money?

He purchased a 2015 Porsche Panamera, a 2013 Ford Mustang, a 2012 Mercedes Benz C Class, and a 2008 Bentley Continental.

And that’s just the vehicles he was cruising down the highway in! He bought something he could cruise the sea in too, putting $25,000 towards 42 ft Hydrasport custom powerboat.

Russel and his wife Sonja Marie Russel would misuse investors funds to the tune of about $1.7 million. A majority of which went directly into their personal bank accounts.

But the Russel family wouldn’t be out shined by Griffithe’s new boat. Obviously, they need something bigger, better, and grander. Resulting in them buying an even larger boat ── I guess you could say yacht. $250K of what Russel took from investors went towards a 65 ft Pacific Mariner yacht. Which would make Griffithe 42 ft boat look like a child’s play toy.

The SEC is out to make an example.

“As alleged in our complaint, Griffithe and Russell exploited popular interest in the cannabis industry to obtain millions of dollars from investors who thought they were buying into a profitable business… “Instead, Griffithe and Russell deceived investors and used the money to enrich themselves”, declared Associate Director Hodgeman.

They are seeking the return of the ill-gotten gains with interest and added civil penalties.

Hopefully, these 2 didn’t grow too used to their plush new toys.

Of course, we want to avoid companies like this at all costs.

So what’s my solution to this problem?

Fast 5 Trades.

Let me show you how it all works.

Don’t Get Caught Up In Stock Schemes… Start Finding High Conviction Trade Ideas

In my most recent Fast 5 winner, I spotted a trade setup in Party City (PRTY). Of course, before I even put my money behind the idea… I conducted my due diligence.

Here’s exactly what I sent out to my clients:

(Missed out on this alert? Sorry… but you don’t have to miss any more. Click here to see how Fast 5 Trades could help you achieve trading success)

If you look at the Fast 5 Trade alert above, everything was written out for my clients… all they had to do was execute. The best part: they didn’t have to worry about being caught up in a wild scheme.

Why?

Well, the holding period for Fast 5 Trades is 5 days or less. The goal is to be in on Monday and out before Friday. Let me break it down, and show you why this could be a solution for finding the best plays out there.

There was a positive catalyst (insider buying). Not only that, but there was a bullish chart setup. I don’t know about you… but if insiders are buying a stock, that’s a signal there could be some news on the way.

Of course, it’s not enough to just have a trade idea… it’s important to have a clear trade plan with buy, stop-loss, and target zones. Now, if you received the alert and followed the plan… you could’ve locked in a 15% winner real quick.

The best part: I don’t just alert Fast 5 clients and leave them hanging I actually break down the trade after.

Here’s a screenshot of what I sent out to clients after the trade went down… so they know what to do the next time they see a similar setup.

That’s really all it takes… execute the trade and wait for the trade break down to study it. That way, you could avoid getting caught up in Wall Street scandals.

Let Fast 5 Trades be your advantage in the sea of dirty players on Wall Street.

[Ed.note: Kyle Dennis runs BiotechBreakouts.com. He is an event-based trader, who prefers low-priced and small-cap biotech stocks.

To learn more JOIN THIS SPECIAL ONLINE EVENT: 3-Step Plan Kyle Used to Turn $15,253 into $2,855,475 and download his FREE “The $2.9 Million Biotech Trader Playbook here!]

Source: Biotechbreakouts.com | Original Link

Kyle Dennis Dollar Ace Service Review | Dollar Ace Picks (2020)

Dollar Ace Program Latest Trades (2020)

As I sat down at my desk and reviewed my trades… looking for ways to tweak my Dollar Ace strategy – I came across a very interesting options trade in Beyond Meat (BYND).

An options trader came in and swept up $92K in BYND calls, a seemingly long-shot bet that was doomed to be worthless… at least that’s what many would think.

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Missed out on this monster trade alert? Stop hearing about the “smart money” trades after the fact, and join Dollar Ace now.

That’s right… at the time, a Wall Street whale came in and bought options — $92,000 worth of options destined to go to ZERO in less than a few days — that is, unless that stock MOVED.

I’ve been following the largest players in the options game for quite some time now, and I know these long-shot bets actually signal a large potential move. The smart money doesn’t just throw down massive bets like that just to gamble… they may know something.

Kyle Dennis Dollar Ace Review – How Dollar Ace Program Works?

Dollar Ace follows the real money players… those traders and insiders who risk it all to make a fortune — the type that put their money where their mouth is.

Let me show you how it all works…

If you were searching for trade ideas and where BYND could head… you would’ve been hard-pressed to find them if you listened to the talking heads on T.V. or read the financial media.

The financial news outlets had a field day, trying to figure out where BYND could head to next…

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There was a slew of bearish headlines prior to that trade… as they praised Beyond’s demise.

After all, the stock was 60% off its 52-week high of $239.71 per share just a few weeks ago.

Not only that, shares were stuck in a tight range between November and December.

Of course, with a stock that was as beaten down as BYND… it was easy to bully. However, once I saw that baller throw down a massive options bet, I knew something was up.

An Inside Look At The $1.7M Winner

To the naked eye, it may have appeared like a gamble… but I still took the trade.

Why?

First, my Dollar Ace options scanner spotted some heavy call buying action in BYND — and I simply couldn’t ignore that order flow.

Second, the chart was a “screaming buy” to me.

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Check out the daily chart in BYND when I was eyeing the trade. The stock found support around $70 and held at that level… and bounced around the two blue horizontal lines.

When I see a stock like BYND get crushed and consolidate, then hold at a key support level, it signals to me it could retest the upper-end of the range. Not only that, but if BYND broke above that resistance level, it could’ve made a monster move.

Kyle Dennis Dollar Ace Service – Dollar Ace Picks (2020)

Well, here’s what happened with BYND just a few days after I got in…

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And with just a few days until expiration— THE MOVE HAPPENED.

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The thing is… if the baller trader would’ve held until the expiration date… those 92 cent options would’ve been worth around $18.

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In other words, that $92K wild bet would have turned into $1,710,000 in trading profits.

Of course, I missed out on potentially multiplying my money by 18 fold… but when you’re in the moment, a 33% winner is not something I would just let ride. So I’m not mad about the actions I took, instead, I took the win and used it as a learning experience.

The thing is… I wasn’t the only one feasting from the trade.

Kyle Dennis Dollar Ace Strategy Review | Dollar Ace Update (2020)

So were plenty of Dollar Ace subscribers.

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If you really want to easily follow the smart money and spot trades like the one in BYND, Dollar Ace is the closest thing you’ll get to plug and play.

My scanner does all the hard work. I interpret the action and then send out the alert.

It’s really that simple.

The confidence in the trade doesn’t come from someone’s opinion… it comes from real money ballers who have a lot more at stake than you and I do.


[Ed.note: Kyle Dennis runs BiotechBreakouts.com. He is an event-based trader, who prefers low-priced and small-cap biotech stocks.

To learn more JOIN THIS SPECIAL ONLINE EVENT: 3-Step Plan Kyle Used to Turn $15,253 into $2,855,475 and download his FREE “The $2.9 Million Biotech Trader Playbook here!]