Weekend Wrap Up for 09/05/2021

You are receiving this email because you signed up to receive Investment House's free e-letter Investment House Wrap Up, or you purchased a product or service from its publisher, Eagle Financial Publications. [Investment House Wrap Up] [IH Daily]( [Technical Traders Alert]( [Success Trading Group]( [About Jon]( In This Issue: - Market Summary - Targets Hit - Pick of the Week - Covered Call Options Play Weekend Wrap Up for 09/05/2021 by Jon Johnson Editor, [Investment House Daily]( [Technical Traders Alert]( & [Success Trading Group]( Sponsored Content [The Biggest Event in the History of G The American Gold Eagle has been the most in-demand gold coin since its introduction in 1986, with both investors and collectors. Now, for the first time in 35 years, the coin’s design is changing. Plus, the new design is only being issued for half a year, making 2021 an important date for collectors. [CLICK HERE]( to secure yours now. [CLICK HERE...](]( 1. Market Summary [Jon Johnson]Excerpted from Thursday’s paid content of [Investment House Daily]( by Jon Johnson. The Market Tries a Delayed New-Month Reaction – The market tries a delayed new-month reaction. Indices are up, but they are mixed again. – We saw new highs for the S&P 500 and the Nasdaq, but they lag behind the Russell 2000 and the S&P 400 again. – Jobless claims drop to a post-COVID-19 low, but the number of those on government assistance rises. – The "experts" say that housing is not in a bubble. This means that it is. Meanwhile, stocks were heading into the jobs report overbought in both the near-term and the long-term. Then again, the Fed is still there. Thursday was the pause before the jobs report. Certainly, it looked as if the market could celebrate right on up to the Friday jobs report. Futures were up and gained traction after the morning economic data didn’t scare anyone. Stocks opened higher, surged further and then their paths split. The Nasdaq and the S&P 500 peaked about 20 minutes into the session. At that point, they faded until 10:00 a.m. ET. Then, they held the line for most of the next hour, rallying back near the early highs as the European stock exchanges closed. After that, these two indices dropped into the mid-afternoon and fell to session lows. A bumpy last two hours of lateral movement gave way to a spurt higher in the last 10 minutes of trading. This allowed them to close in the positive and with, yet again, new all-time highs. P.S. Las Vegas Money Show, September 12-14, Bally’s Hotel & Resort: Join me and many other speakers. For more information, go to [Johnson.MoneyShow.com](. A special registration code of [053412]( is embedded in the link to help my readers secure early bird pricing and a seat at the event. NOTE: The figures and information above are from the 9/2 report. [Watch the Investment House Videos For This Week Here!]( NOTE: The videos are from the 9/1 report. [How to Score 186 Stock Wins Every Year]( Not to be too blunt about it, but if you’re not booking 186 stock market wins per year on average…and if you haven’t scored more than 1,300 big, fast wins of up to 451% since 2013… Then you really need to see this new video right away. Fair warning: It’ll only be accessible to you for a short time. [Get the full details about this incredible moneymaker by clicking here now.]( [CLICK HERE...]( 2. Targets Hit Here are several completed trades from Investment House Daily, offering insights into our trading strategy and the targets that we have hit this week: Generac Holdings Inc. (NYSE: GNRC): It is hurricane season, and when the season hits, we always look to see if GNRC, a generator maker, has a good setup we can play. In early August, GNRC was testing the 50-day moving average (MA) after a good move from June. This was the kind of setup we were looking for. So, we decided to get in and let the storms come. On Aug. 6, GNRC broke higher off of the 50-day MA, and we moved in with November $420 call options for $36.50. GNRC continued higher after that initial move and rallied until mid-July. Then, we saw a course correction. GNRC tested back to the 50-day exponential moving average (EMA) and to the pullback lows. It found support quickly, however, and bounced nicely higher -- forming a quick double-bottom pattern. After that, GNRC rallied as a storm was approaching the United States. GNRC rose right into the storm's landfall on Aug. 30 and broke to a new high during that session. After breaking to the high, however, GNRC started to fade. As it was time to sell, we issued the alert to sell the options at $52.50 in order to bank a 43.8% gain. We also took gains in the following positions this week: Microsoft Corp (NASDAQ: MSFT): We sold the rest of the position for a 146% gain. Etsy Inc. (NASDAQ: ETSY): We sold the rest of the position and banked a 51% gain. Goldman Sachs (NYSE: GS): We banked a modest 24% gain. MaxLinear, Inc. (NYSE: MXL): We banked a 48% gain. Peloton Interactive Inc. (NASDAQ: PTON): We banked a 24.7% gain. [Receive a risk-free trial to Investment House Daily and save 50% by clicking here now!]( Here are several completed trades from Technical Trader Alert, offering insights into our trading strategy and the targets that we have hit this week: Alphabet Inc. Class A (NASDAQ: GOOGL): The last rally was the classic setup that we have seen on this long rise in the stock indices: a test of the 50-day MA by the major large-cap indices. Of course, when the large-cap indices test, this means that the mega-caps, which control the index prices, have to test as well. GOOGL was one of those, and we saw a 20-day EMA test forming up starting on Aug. 18. On Aug. 19, GOOGL gapped lower to the 20-day EMA and then rebounded to positive. After it went on the report, we moved in when GOOGL bounced upside. We bought October $2,750 calls for $86.40. As is often the case with these classic, repeated patterns in the index moves, GOOGL stepped right up off of the 20-day EMA as stock buybacks moved the market back upside. There were four moves higher, a pause and then GOOGL generated a strong upside session on Aug. 27. GOOGL then rallied again on Aug. 30, but it then started to back off the early move higher. That was our first sell signal. We issued the alert to sell half the options for $182.90 in order to bank a 111% gain. GOOGL was somewhat flat during the next session, but then it rallied well on Sept. 1. It then started backing off again after reaching a new high. We issued the alert to sell another half of the options for $195.10 in order to bank a 125% gain. On Thursday, the market was pensive ahead of the jobs report. Since we had a good run higher and GOOGL was starting to waffle, we took the rest of the gains by issuing an alert to sell the rest for $181.70. This generated a 110% gain. We also banked gains in the following positions this week: Facebook Inc. (NASDAQ: FB): We banked a 52% gain in the call options. Atlassian Corporation PLC (NASDAQ: TEAM): We banked a 52% gain in the call options. DigitalOcean Holdings Inc. (NYSE: DOCN): We banked a 30% gain in the call options. [Receive a risk-free trial to Technical Trader and save 50% by clicking here now!]( Here are several completed trades from the Success Trading Group, offering insights into our trading strategy and the targets that we have hit this week: Kroger Co. (NYSE: KR): We went back to the well for KR because it had set up such a great entry. We just had to take advantage of it again. After a nice bounce off of the 10-day EMA, KR peaked during the last week of August. It then faded to the 10-day EMA and held. On Aug. 30, KR started back up off of the test. So, we bought the stock for $46.28. KR then bounced a bit more, tested on Sept. 1 and then surged. We sold the position for $47.96 and banked a 3.6% gain. We also banked gains in the following positions: MaxLinear, Inc. (NYSE: MXL): We banked a 4.72% gain in the stock. Palantir Technologies (NYSE: PLTR): We banked a 5.02% gain in the stock. Now is a good time to become a member of the Success Trading Group. The system is geared towards bringing you consistent, short-term gains of 5-10% and you can expect four to six trades every month. [To receive a risk-free trial and save 50%, click here now!]( [Join Jon Johnson at the Las Vegas MoneyShow on September 12-14, 2021]( [The MoneyShow Las Vegas]( is back IN PERSON, September 12-14! Join me personally with over 100 world-class market analysts, economists, portfolio managers, and professional traders! This interactive, three-day conference is the perfect opportunity for every investor and trader to discover timely buy-and-sell recommendations for every asset class, test-drive and comparison-shop innovative new tools and services, and meet face-to-face with the experts to get the answers needed to chart a path to growth and profit throughout 2021 and beyond. [Secure an attendee pass here!]( [CLICK HERE...]( 3. Pick of the Week JPM (JPMorgan Chase and Co. -- $159.72, -0.22) EARNINGS: 10/12/2021 STATUS: After a run higher off of the 50-day simple moving average (SMA) test in mid-August, JPM spent this week testing back to the 10-day EMA. However, the stock showed a doji on Tuesday and Wednesday, as it still holds a three-month base. We are looking for a new break higher, and the initial target is near the late-May peak. A rally to that point will give us a 55% gain in the options. VOLUME: 8.73M Avg Volume: 10.962M ENTRY POINT: $160.81 Volume=1.2M Target=$167.97 Stop=$158.48 POSITION: JPM NOV 19 2021 $160.00 Calls -- (53 delta) [To see the chart for JPM, click here!]( [To receive all of Jon’s picks in Investment House Daily, click here now to start your risk-free trial and save 50%!]( --------------------------------------------------------------- 4. Covered Call Options Play The Bancorp Inc. (NASDAQ: TBBK) -- The Bancorp Inc. is currently trading at $24.31. The Sept. 17 $25 Calls (TBBK20210917C00025000) are trading at $0.30. That provides a return of about 8% if TBBK is above $25 by the expiration. [Learn more about our Covered Call Tables here!]( About Investment House: [Investment House]( Since 1999! Our investment newsletters are designed to reduce your research time and help you invest and trade profitably. Our strategies range in risk from rather conservative covered call writing, trading blue chip stocks, all the way to speculating with options to get quick triple-digit gains. Get to know Investment House with these premium investment services: [Investment House Daily]( [Technical Traders Alert]( [Success Trading Group]( To ensure future delivery of Eagle Financial Publication and emails please add financial@info2.eaglefinancialpublications.com to your address book or contact list. View this email in your [web browser](. This email was sent to {EMAIL} because you are subscribed to Dividend Investor Daily. To unsubscribe please click [here](. If you have questions, please send them to [Customer Service](mailto:customerservice@eaglefinancialpublications.com). Legal Disclaimer: Any and all communications from Eagle Products, LLC. employees should not be considered advice on finances. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized advice on finances. Eagle Financial Publications - Eagle Products, LLC. - a Caron Broadcasting Company 122 C Street NW, Suite 515 | Washington, D.C. 20001 [Link](