Trade Alert: Top Names + China
We made a 140% gain when we exited a trade on this stock last month. This time, we're aiming for about 200%. Plus, two bonus trades.
A Former Chartmill Name Hits Our Top Ten
At the end of March, when the market was crashing ahead of President Trump’s first big tariff announcement (“Liberation Day”), I used Chartmill to screen for stocks that had solid fundamentals and technicals and seemed unlikely to be affected by tariff increases.
One of those stocks was a Chinese ADR. We ended up exiting our trade on it for a 140% gain last month.
Last night, it was #1 on Portfolio Armor’s daily top names ranking. Today, we’re placing another options trade on it, this time aiming for a max gain closer to 200%.
In addition, we have two bonus trades from my Market Watchers X list:
By request: PA Substack subscriber R., who cashed a ~10x gain on one of our straight call option plays yesterday (on MP Materials (MP 5.70%↑)), requested more of them. This stock seems like a good target for one: it’s an Israeli microcap biotech that may be about to get a significant U.S. Department of Defense contract this fall.
A bet on a hot space stock at what looks like a good technical entry point before earnings.
Details below.
Today’s Top Names Trade
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