General Motors Weekly Options Up 63% Profit, In Less Than 2 Hours!
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General Motors Co (NYSE: GM) announced earnings before the market opened on Tuesday and the results were much better than most investors expected.
General Motors shares traded up $2.77 during mid-day trading on Tuesday, hitting $38.16.
The stock continued to trend upwards on Wednesday.
GM's resurgence as the U.S. market leader is a testament to its strong brand equity and customer loyalty.
This set the scene for Weekly Options USA Members to profit by 63% in less than 2 hours, using a GM Weekly Options trade!
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Ian Harvey
Weekly Options USA
Weekly Options Trade Results as at January 30, 2024
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Google Weekly Options Trade Up 114%!
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Alphabet Inc (NASDAQ: GOOG, GOOGL) is known for having the world's dominant search engine, and that's been the company's bread and butter for more than 20 years. And that business has allowed the company to build arguably the best infrastructure and pipelines of products in tech.
Showing a New Year's resolution of resilience, Google stock remains in buy range as parent Alphabet unveils the biggest upgrade yet to its artificial intelligence assistant.
Shares of tech giant Alphabet jumped 55% in the past year, and the good part is that investors can still buy this Nasdaq stock at an attractive valuation.
This set the scene for Weekly Options USA Members to profit by 114% using a GOOGL Options trade!
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Ian Harvey
Weekly Options USA
Amazon Provides 551% Profit Using A Weekly Call Option!
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Wall Street expects a year-over-year increase in earnings on higher revenues when Amazon.com, Inc. (NASDAQ: AMZN) reports results on February 1, 2024, for the quarter ended December 2023.
Amazon gained 81% in 2023, its best year on the stock market since 2015.
Amazon's upcoming rollout of advertisements on its Prime Video platform is set to boost the e-commerce giant's profits and stock price in 2024, according to a Wednesday note from Bank of America.
The bank reiterated its "Buy" rating on Amazon and its $168 price target, representing potential upside of 12% for the stock.
This set the scene for Weekly Options USA Members to profit by 551% using an AMZN Options trade!
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Ian Harvey
Weekly Options USA
Volatility Provides 65% Profit, In An Hour, Using A DWAC Weekly Call Option!
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This trade was based on the volatility that had been experienced in the previous two days.
After Donald Trump's decisive win in the Iowa caucus and two opponents dropping out and endorsing him – Vivek Ramaswamy and Ron Desantis – it’s becoming clear who the Republican nominee will be. All the while, one stock has seen a strong rally on Trump’s chances to make his return to the White House, and it could continue higher following the New Hampshire primary, where Trump is the hands-down favorite.
However, the price didn’t continue to move back up but instead, by the time the market opened, had begun to fall.
Due to the volatility that had been displayed in the prior two sessions, it was a case of buying and then exiting as quickly as possible with a decent profit!
This set the scene for Weekly Options USA Members to profit by 65%, in about an hour, using a DWAC Options trade!
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Ian Harvey
Weekly Options USA
UPDATED - Microsoft Provides 100% Profit Using Call Options!
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After surging close to 62% in 2023 and through the first half of January, Microsoft Corporation (NASDAQ:MSFT) recently topped Apple as the world's most valuable public company, with a market cap of over $2.9 trillion (as of Jan. 18, 2024).
Microsoft was arguably the first tech company powerhouse, and recent developments have the company back at the forefront of market dominance.
Microsoft is steadily integrating AI into its massive consumer and enterprise tech portfolio. Last week, the company announced it would add an AI key to its Windows PC keyboard. The button will launch Microsoft's AI assistant feature, called Copilot. It is the first significant change to the keyboard in three decades, as described by the company.
Microsoft's AI push has fueled bullish views for the stock among Wall Street analysts.
This set the scene for Weekly Options USA Members to profit by 100% using a
MSFT Options trade!
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Ian Harvey
Weekly Options USA
QUALCOMM Call Option Up 278%!
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The artificial intelligence (AI) boom shows no signs of cooling, creating significant opportunity for AI stocks.
Therefore, QUALCOMM, Inc. (NASDAQ:QCOM), one of the top AI stocks that is trading at a temporary discount, is seeing higher highs.
Mizuho just raised its price target to $155 from $140. Also, Bernstein analysts raised their price target to $160 from 145, with an outperform rating.
Also, Citi upgraded Qualcomm to Buy from Neutral and raised its price target to $160.00 from $110.00.
This set the scene for Weekly Options USA Members to profit by 278% using a QCOM Options trade!
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Best of Trading,
Ian Harvey
Weekly Options USA
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