InvesTrends

Chevron’s ((CVX) earnings are spectacular. The stock will pop on the open. Look for the same with Exxon (XOM).

Hope some of you got in on the company supporting the new Trump App, DWAC. It sat at $10/share when the news broke. Closed the day in the $40s, up to $87 in the pre-market today. Stay tuned.

Another strong opening on tap with very warning from J&J, P&G, oil continues upward climb- CVX, XOM, COP benefit. Vaccine stocks come off great day, expect another. Fintech AFRM and SOFI bigs moves yesterday, expect continuation.

Very strong market open expected. Look for Fintech to move, AFRM and SOFI. Healthcare very strong, UNH earners stellar, will be up $10+. Bank earnings huge.

Keep an eye on two stocks I’ve previously mentioned, LMT and RTX, both defense stocks which have risen $20+ and $10+ respectively over the past month. Overnight, in an unprecedented move, the Japanese Govt. committed an additional $100 Billion expenditure for defense spending due to the increased China threat.

Another good stock for an IRA is BDXB, near it's low at $52.09, paying $3.00/share/year (6%). The next quarterly X-date is early November. Consider buying it now and as it nears the X-Date.

Suggestion for extreme down days like this: select a stock you have always wanted to own ( I’ll use CAT as an example). Instead of buying the stock at $190 with downside risk but upside potential being down $9+\share today, buy an out of the money call for for the future. Example, a 9-24 $195 at approximately $1.50 per call. If the market continues down, you may lose the $150 investment times the number of options purchases. If the market (and the stock) turn, you leverage your upside. If the stock recover the loss, back to $200 (I’m not suggesting that will happen), you could buy CAT for $195 or sell the option for 300% gain. Remember, this is a. Example, consider a stock you like

At $96/share, with a $1.35 quarterly dividend, is a great addition to a self-directed IRA. Oil has rebounded and air travel is returning. The stock also has considerable upside potential

Today looks to be a very strong open for the market. BNTX and MRNA have done exceedingly well this week. Look for continued strength at the open. CVX and the oil complex will be up. Tech keeps marching upward. Watch AFRM soar at the open. The downdraft in AMGN was way overdone, good buying opportunity at $216. BA looks to rebound, as should LMT, a bargain under $360.

PFE, BNTX receive FDAcvaccine approval. BNTX up $38, PFE up $1.60

BNTX up $35/share, total of $50 since my Friday comments.