How “Hot Money” Trades Lead to Huge Gains
Dear Rundown Reader,
You’ll remember Wednesday we mentioned a famous, expert trader based in Chicago we’ve been working with in recent months.
His name is Joshua Belanger. He’s appeared in The Wall Street Journal and been quoted by Reuters.
As Ray Blanco mentioned yesterday in Tech Profits Daily, introducing Joshua to his readers, Joshua became a trading legend on December 4, 2009.
Tough days for the markets. But not for Joshua, or those who followed his work.
Joshua’s “hot money” tracking system found a massive, multi-million dollar bet placed on a small New York bank.
The “hot money” trade said shares of this bank we headed higher, in a hurry.
Not long after Joshua found that trade, you could’ve booked an amazing 35,722% gain on that same little New York bank.
That’s enough to turn $1,000 into $358,222. But what is “hot money”, how does it work, and how can you use it?
Joshua will show you this Monday, February 26, at 1:00 pm Eastern.
As a Rundown reader, you get free access to Joshua’s presentation on his “hot money” strategy.
I’ll be in touch over the weekend with more information about Joshua, “hot money”, and how easy it is to use for the chance at big gains in a hurry.
I’ll also send you a reminder on Monday before Joshua’s event, so you can be sure to catch it.
You won’t want to miss this.
Remember, this Monday February 26, at 1:00 pm Eastern, you’ll see how “hot money” trades give you a chance at huge gains.
Now, your Rundown for Friday, February 23, 2018…
A Single Tweet Sinks Snap Inc.
Bloomberg reported yesterday shares of Snap Inc. (NYSE: SNAP), braintrust behind Snapchat, fell $1.13 or 6.06% in part because of a Tweet from Kylie Jenner.
Jenner, a person famous on the internet, Tweeted that she no longer uses Snapchat very often. SNAP shares plummeted.
$1.3 billion in market value, gone.
Bloomberg, brilliantly, notes that Jenner’s tweet “echoed Wall Street concerns” over SNAP’s business.
We find it unlikely “Wall Street concerns” and Kylie Jenner’s social media preferences are very often aligned, but let’s keep our focus.
Citigroup downgraded SNAP earlier this week after noticing a huge spike in negative comments about the site’s recent re-design.
That might be the least of SNAP’s problems, however.
SNAP is currently on track to lose ballpark $3.4 billion this year.
Over the last year, SNAP has produced $3.32 per share in burned money.
That’s an earnings per share of -$3.32 for the last 12 months.
Tough to do. Unless you’re really trying.
Looking out another quarter or two, we see the potential for a bad tech shakeout. Some examples:
Shares of Roku (NASDAQ: ROKU) fell over 17% yesterday as the company released new guidance trying to walk back what Investor’s Business Daily called “mile-high expectations.”
And shares of Pandora (NYSE: P), a music streaming service no one uses, fell 7.19% on “weak guidance.”
If you’re not Facebook, you’re Snap Inc.
If you’re not Netflix, you’re Roku.
If you’re not Apple’s iTunes, you’re Pandora.
If you’re not the hunter, you’re the hunted.
Buy the hunters.
Tough times for the also-rans.
Now, taking a look at the markets this morning…
Market Rundown for Fri., February 23
S&P 500 futures are up 8.25 this morning at 2,719.
Oil’s off $0.21 at $62.56.
Gold’s up slightly at $1,332.
Bitcoin goes for $10,211 this morning, according to CoinDesk.
Once again, I’ll be in touch over the weekend with more details about Joshua and his “hot money” trading system.
Then, on Monday at 1:00 p.m. Eastern, Joshua will show you exactly how his trades work and how you can use them too.
We’ll talk again on Monday.
For the Rundown,