3 Stocks I Can’t Keep My Eyes Off…

by | Jan 21, 2022 | WealthPress University

Even in the middle of all the selling, New Money Crew saw some bullish price action in this past week’s watchlist with Las Vegas Sands and a midweek bounce in Lucid Group..

The S&P 500 is down about 4.5% on the week while the Nasdaq has taken a 5.5% hit.

If those numbers hold, that brings the total losses so far in 2022 to about 7.5% and 12.25%, respectively.

With markets this volatile, we must be selective when setting up trades, and aggressively take profits when the opportunity presents itself.

My strategies have done a spectacular job of avoiding a lot of the traps out there, but the downturn has made it a bit of a slow week.

My Wiretap Alerts strategy scored wins on another set of three trades to start the week, while Weekly Blitz Alerts capped a win on Walt Disney Co. (NYSE: DIS) calls — putting a 50% cherry on top of a quick, profitable trade!

So we’re going to stick to the winning combination of selectivity and aggressiveness with a fresh set of tickers for our New Money Crew Weekend Watchlist!

New Money Crew Weekend Watchlist for Jan. 21

Taking point on the watchlist, we have MoneyGram International Inc. (Nasdaq: MGI)… The payments provider is riding high after announcing a partnership with a Japanese fintech company. 

That news, along with ongoing buyout rumors, have helped MGI outperform competitors like PayPal Inc. (Nasdaq: PYPL) over the tail end of 2021 and into the new year. Shares jumped nearly 9% earlier this week, and we saw a surge of buying in the February-dated options.

Next up, I’m looking at Norton LifeLock (Nasdaq: NLOK). The cybersecurity company saw a strong end to 2021, and it’s holding up well in January despite the rotation out of tech. The company is set to report earnings on Feb. 3 and options activity capturing the catalyst is starting to heat up.

Everyone at New Money Crew should be familiar with the next name on the watchlist… cosmetics company Coty Inc. (NYSE: COTY). Coty is one of the stocks on my 2022 market outlook short list. It’s taken a tumble with the rest of Wall Street to start the year, down about 20% since its mention in the outlook… But that downside momentum looks like it’s beginning to stall out.

The stock is seeing some bullish options action after investment bankers at DA Davidson issued an upgrade with a “buy” rating on Thursday. I liked the stock around $10, and pullbacks like this one make opportunities to establish a position… so keep an eye on COTY’s performance.

Check out the short video for my thoughts on the latest New Money Crew Weekend Watchlist member COTY and retail cosmetics names in 2022.

Don’t forget you can follow me @LanceIppolito on Twitter, Instagram and our YouTube channel for more trading insights and tips. And as always, you can find me right here talking stocks and options trading — and printing money — on WealthPress.com!

P.S. In 2021 alone, I’ve nailed 50 overnight winners, including some massive triple-digit profits like 925% on SNAP, 254% on FSLY, 109% on LCID and 105% on PEP — all overnight!

And now I want to show everyone the regulatory loopholes that have allowed traders to realize these incredible results…

Because as big as 2021 has been… I expect 2022 to be even bigger!

Considering what’s to come… it’s time to prepare for 2022’s market strategy NOW!

Click Here to Find out How!

WRITTEN BY<br>Lance Ippolito

WRITTEN BY
Lance Ippolito

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