Author: Jay Soloff

Jay’s POWR Income Stock of the Week: Ternium SA (TX)

Jay’s POWR Income Stock of the Week: Ternium SA (TX)

The current economic cycle has been, in a word, unusual. Housing stocks have remained strong even as banks have failed and mortgage rates have skyrocketed. Infrastructure stocks have done very well, and there is currently a bidding war breaking out over U.S. Steel (X – Get Rating).  And consolidation in the steel industry should further lift the industry […]

Trade of the Week: GME

Trade of the Week: GME

Last week, in my 48-Hour Income service, we decided not to sell a cash-secured put on meme-stock favorite, Gamestop (GME). In 48-Hour Income, the goal of the service is to generate 1% to 3% returns per week by selling 2-day puts in certain stocks. GME was up big with retail traders active ahead of earnings […]

Trade of the Week: M

Trade of the Week: M

Last week, in my 48-Hour Income service, we sold a cash-secured put on department store stalwart, Macy’s (M). In 48-Hour Income, the goal of the service is to generate 1% to 3% returns per week by selling 2-day puts in certain stocks. M had earnings coming up the next day and its put option premiums […]

POWR Stock of the Week Under $10: PHX Minerals (PHX)

POWR Stock of the Week Under $10: PHX Minerals (PHX)

At the beginning of 2020 PHX Minerals (PHX – Get Rating) began a massive change. The company, which prior to this date had been known as Panhandle Oil & Gas, began a wholesale transformation. This included a management overhaul and an almost entirely new business model, which is now paying dividends.  Today, PHX acquires and develops non-developed oil and […]

Jay’s POWR Income Stock of the Week: Tapestry (TPR)

Jay’s POWR Income Stock of the Week: Tapestry (TPR)

While rates have a direct impact on low income consumers first, as interest rates have remained high, relative to recent history, they have impacted high end consumers as well. But, with the rate and economic cycles on the mend, these consumers are historically the first to put discretionary funds back to work, and this could […]

Trade of the Week: IONQ

Trade of the Week: IONQ

 In my 48-Hour Income service last week, we sold a cash-secured put on quantum computing company, IONQ (IONQ). In 48-Hour Income, the goal of the service is to generate 1% to 3% returns per week by selling 2-day puts in certain stocks. IONQ had earnings coming up the same day (after market close), and its […]

POWR Stock of the Week Under $10: TransAlta Corp (TAC)

POWR Stock of the Week Under $10: TransAlta Corp (TAC)

As the possibility of the interest rate cycle turning comes into clearer relief, utilities, which have been underperforming in a rising rate environment, should switch back on and begin to outpace their non-dividend paying rivals. And a utility that both pays a dividend AND is growing earnings, would be a great play at this point […]

Trade of the Week: PLTR

Trade of the Week: PLTR

Last week, in our 48-Hour Income service, we sold a cash-secured put on software company, Palantir (PLTR). In 48-Hour Income, the goal of the service is to generate 1% to 3% returns per week by selling 2-day puts in certain stocks. PLTR had earnings coming up the next morning and its put option premiums appeared […]