We spotted a trade to grab onto and hold on tight. The current market environment couldn’t get much better for this stock and it is one to look for the entry at the open this morning. Plus we are looking for another payout from a ticker that has been nice to us lately.

Yesterday we noted that rising gas and energy prices favor the alternative energy stocks and put this chart in our watchlist to keep a close eye on. As I looked at it throughout the day I found even more reasons to like it. Here is the chart, the trade to consider as well as another trade to look at to offset the money pumping out of your wallet into your tank. Keith Harwood broke it down in a quick chat yesterday and I going back to the honey pot today.

Take a look.

FSLR held pretty close to the high throughout the day yesterday and with tariffs restricting foreign competition, this ticker looks to take off. When we first started looking at this it was at $8.70 for the Oct 16 230 calls and we may be able to get it even cheaper in the opening frenzy this morning.

The other ticker I want keep exploiting is USO. We grabbed a nice 60+% on it last week and it is still offering a nice set up to take. The Oct 16 150 calls are sitting just under $7 and we aren’t seeing any relief in Iran at this time. Keith Harwood pointed out that USO often acts as a leading indicator of another ETF, OIH so we are watching that closely too. Be sure to see his other pick from our chat here.

Keep learning and trade wisely,

John Boyer

Editor

Market Wealth Daily