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Bobby Iaccino, Jim Iuorio, and Mike Arnold combined over 90 years of active trading experience In stocks, commodities and options. Real trades described by real traders. Look us up on your own, and ask questions..
Quick heads-up: we’re breaking our usual Sunday schedule to flag a timely PayPal setup that may trigger today:
Paypal Holdings (PYPL) – Potential Double Bottom long – BUY ON stop-in at $42.35
- ENTRY PRICE: - BUY ON pullback to $42.35
- 1ST TARGET PRICE: $44.08 – 2nd Target –$44.95 – 3rd target $45.82 – Extended Target – $52.33
- STOP LOSS: close below - $39.92 or an intraday trade below $39.43
Important note: If you enter the trade at or near the buy price and PayPal does not finish the day (close) above that level, exit the position the same day for a small loss. If you can’t be around for the close, and PayPal ends the session below our entry price, you can exit the next morning. If it does close above the buy price, the trade is active, and you stay with it.
The QQQs have stumbled through three straight sessions—five of the last six, actually. Same for the SPY—but our recent trade recommendations kept delivering. Scotts Miracle-Gro (SMG) is pushing toward its third target, while Ingersoll Rand (IR) and CenterPoint Energy (CNP) hit their third targets for full profits on Wednesday. Our newest pick, Fastenal (FAST), reached all three targets within 48 hours, and our longer-term trade Target (TGT) is profitable. This performance against a weak tape underscores why active stock picking matters—when broad indices struggle, disciplined selection and targeting separate the winners from the wreckage. -Bobby-