Why I'm Not Worried After a Week of Earnings Disappointments by Tom Gentile
Dear Power Profit Trader,
I have been pretty busy this week. Not only with articles, publications, videos, and podcasts, but with trading.
We're right in the thick of second quarter (Q2) earnings season. And I've always played this time of year by buying the rumor and selling before the news. But this time around, I've taken it a step further...
You see, FAANG stocks have underperformed after earnings, and with option volatility high, I have been able to sell this volatility right before earnings and buy it back afterwards. So far, so good on the FAANG stocks... which is why as I'm writing this, I am ready to enjoy the weekend.
This weekend isn't for me though. It's for my mother in law - she's turning 73. But she's not one for big, extravagant parties. No, all she wants is to be surrounded by family and ice cream cakes at her home.
And that's more than fine by me. After such a busy week of trading, this simple get together looks like a nice and restful weekend.
I hope it's the same for you. Relax and recharge this weekend folks, because next week we're going to continue on the earnings front.
Now, I want to take a moment to give a shout-out to Scott C. from Lancaster, PA who wrote in to share his amazing experience so far this year.
Here's what he said...
"I've never even sold options until this year, and I keep seeing winner after winner," he wrote...
"In less than 24 hours, I actually made 203%, or a little over $3,500! And that's on top of gains of over $3,000 from the past two months!"
Folks, THAT is what success looks like. I'm thrilled to be able to kick off the weekend with a story like this. There's truly nothing better!
And make no mistake: You, too, could see success like Scott. Click here to see exactly how he's able to cash in winner after winner.
See you next week,
Tom Gentile
In case you missed this...
There's an incredibly lucrative series of events set to occur that could send crypto prices soaring... and if you've been standing idly by while the crypto market takes off, you owe it to yourself to see how to take advantage right away. Cryptocurrencies are turning the entire investing world upside down - and if you're not prepared for potential profits right now, you might as well start preparing to kick yourself instead. To see how you could make a fortune from the "Big Three" cryptocurrency events, go here.
Options trading was originally created to minimize risk. And there's one strategy that only the most successful options traders in the business use to ensure their risk is as low as possible every single time. Click here to learn how to start out your trades with a 67% probability of success, just like the pros.
Another Day, Another Tanker Attack: Welcome to the New World of Oil Risk The latest attacks on two oil product tankers just south of the highly strategic Strait of Hormuz once again puts the matter of risk in the oil market on center stage. Unlike the attacks in May, however, these were more consequential. According to Dr. Kent Moors' contacts in the region, both the U.S. Navy and the Iranian Revolutionary Guard Corps scrambled forces deployed in the area following the attacks. And Kent knows much more about what's going on behind the scenes in the Persian Gulf. If you'd like to read all about it, and receive all of Kent's Oil & Energy Investor research free of charge, just click here.
You may not know it, but Wall Street has been lying to you for a long time about options. They spit out financial propaganda left and right, claiming options are too "risky." But earnings season is actually one of the safest times to buy options, and we're in the middle of it right now. As long as you avoid these three risks, you can bank massive gains without worrying about losing all your money.
Join the conversation at powerprofittrades.com. Or follow me on Facebook and Twitter.
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