I’m going to try something new today that I hope everyone enjoys and finds valuable: stock analysis in 7 minutes or less.
And we’re going to kick things off with a stock that’s been in the news a lot the past few days: Intel (INTC).
And that news being a takeover proposal from Qualcomm (QCOM), followed by another report of a multi-billion dollar investment by Apollo Global Management.
The Qualcomm news came to light on Friday, giving Intel a shot in the arm as INTC is now up over 10% in the wake of that and then the Apollo news, which broke this morning.
And if any stock needed a shot in the arm, it’s Intel, which has struggled mightily this year — though it just just got a new buy signal from my Master Indicator. Check out this year to date chart and as you can see, 2024 has not been kind to INTC…
Even with the 10% bounce, it’s still down nearly 55% year to date…
Not only that, but there’s been some insider buying in INTC from CEO Patrick Gelsinger.
So let’s dive into today’s video and I’ll break Intel down in less than 7 minutes!
Then after that, you can check out Monday’s top flow below!
Order Flow:
Thor (THO) reports earnings before the open Tuesday, with market makers expecting a move of $8.71 higher or lower on the announcement. These don’t expire for almost a month, so they won’t be quite as sensitive as weeklies.
We also saw some more bullish flow in INTC this morning on the Penny Options Scanner.
As always, respect that risk and trade accordingly — or not at all!
*This is for informational and educational purposes only. These are not official alerts issued by Lance, but rather some interesting orders picked by the team at Lance Ippolito Trading.
There is inherent risk in trading. Trade at your own risk.
- THO Oct24 Strike: 110 Calls premium: $224,640 ASK BULLISH
Trade Date: September 23, 2024 Trade Time: 1:33 pm
Note: If no date is listed after the month, it’s the monthly expiration (third Friday).
The team at Lance Ippolito Trading
Lance doesn’t want the CCP spying on him, so you’ll never find him on TikTok. Same goes for other social media sites, which are filled with impersonators, scammers and crypto bros.
You can only find him on his personal YouTube Channel — smash that Subscribe button! https://www.youtube.com/@LanceIppolito
And in his private Telegram channel: https://t.me/+-gVwEIwGJhplMTgx
*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.
P.S. LIVE AT 2 PM ET! See the $4 Stock With Over $18M in Insider Buys!
I’ve opened up the live room to show you the $4 stock that has over $18 million of recent insider buys.
I’m super pumped up about sharing the opportunity because the stock’s price has plummeted 28% over the past six months…
But the $18M worth of insider buys suggests something BIG is on the horizon for the company…
So, I wouldn’t be surprised if its price takes off in the months ahead!
Obviously, I cannot guarantee future profits or shield against losses but…
You can get all of the details about this tiny ticker at the link below.
*Disclaimer: The profits and performance shown are not typical, we make no future earnings claims, and you may lose money. From 3/1/20 through 9/18/24, the average win rate is 70.1%, the average return per position is 8.04% with an average hold time of 17 days.
