Discover more from Money Machine Newsletter
This Week's Top 5 Trades
UnitedHealth Group Inc. is not a stock that moves much, but we timed this recent move to perfection coming out of a three-day consolidation. This idea was featured in last Tuesday’s newsletter with an entry price of $422 and a target of $460. The stock could not have performed any better and closed just above our target today for a nine-day return of 7.55%.
Digital Ocean Holding Inc. was featured in last Monday’s newsletter. We noticed a breakout above a critical level that we were watching and gave our members an entry price slightly above that level at $90 and a target of $97.50. This was a very bumpy ride, but the stock never stopped us out and took out our target today by $1 for a ten-day return of 9.67%.
Blackstone Inc. was featured in last Wednesday’s newsletter just ahead of earnings with a target price of $140. We noticed an uptick in buying pressure across the financials sector and gave our members an entry price of $127.50 for this trade. This is not a fast-moving stock, but we did get several gaps in our favor that helped propel BX past our target price for an eight-day return of 11.8%.
Lithium Americas Corp. was featured in last Monday’s newsletter with an entry price of $26. Our goal for the trade was to look for an exit around $30, and while the stock started off pretty choppy, once it caught a bid, it took off. As a result, we were able to exit today less than 25 cents below $30 for a ten-day return of 14%.
This week’s top trade was in NVIDIA Corp.!
We noticed the stock in a tight consolidation pattern near all-time highs and ready to explode. We featured this idea in last Tuesday’s newsletter and were looking for the stock to make a run towards $255 by year-end. LOL! This one crushed our target before month-end. What a beast! We booked some profits today but are still holding half of our position as we think it could continue running. Nine-day return of 16.2%.
(See below what was sent to our members last Tuesday at 6 am.)