Today’s watchlist comes after reviewing all the recent news in the global stock market.
And I think I found a Buy It or Burn It stock that looks to be on the verge of making significant moves soon…
Remember, these are just ideas I’m sharing. You should only enter these trades if you’re comfortable managing the positions on your own.
Check out this week’s free bonus trade idea below!
ARK Innovation ETF (NYSEARCA: ARKK)
If you’re not a member of my Money Links service, then you’re really missing out… The timing in our recent Nov. 8 ARKK trade was perfect.
The puts we bought made over a 500% gain! And now the stock is in a good spot to go short again.
The base case for why the growth stocks in ARKK collapsed this past week remains the same, and we got a nice 10% surge in days since we covered to re-enter the trade. I expect interest rate shocks on the upside in bond yields to cause another technology wreck.
Just look at the lower volume bars on the rally back!