According to Ben Sturgill from Ragingbull.com, looking at the markets today, it was another strong session for stocks. Markets surged higher for a fourth straight day. Tech stocks outperformed once again on expectations a split government will lessen the likelihood of legislative changes to the industry.
- CRON today broke and popped above its 200-day moving average with a nice squeeze setting up on the daily chart. I’d like to see CRON close above $7.15, and I like the Nov 20 $6 calls.
- SGMS has a beautiful bull flag on the charts, and it’s currently at the top of that flag. I’d like to see it break out above $37, and I think the best options here are the Nov 20 $35 calls.
- IVZ had a massive block of 500,000 shares come through on the dark pools scanner at $14.43 — right where the stock closed. It also closed above a bull flag on the charts, with a squeeze. I’d like to see it above the $14.55 level, and I like the Nov 20 $14 calls.
Read more about Ben and his Dark Pool Alerts HERE.