Andrew’s note: We’re in one of the most exciting markets we’ve seen in a decade. And as fears of a massive recession grow bigger, most people don’t know what’s coming next. But by following Jeff’s little-known technique, you could potentially double or triple your money no matter which way the market goes.
To show everyone just how simple this technique is, Jeff is going to sit down in his kitchen with his oldest son Grant to show him how he could double his money in a matter of days.
During this special event tomorrow at 8 p.m. ET, Jeff will also give away a free recommendation to those who join so you can test it out for yourself. This event is quickly approaching, so click here to see if Grant will be able to double his money.
Below, read on about how spotting the right trade can double your money in just a few days instead of weeks…
It doesn’t take long to double your money – if you can spot the right trade.
In fact, last year alone we spotted the “right trade” 16 times… offering you 16 different chances to double your money. And four chances this year.
A recent 100%+ winner happened just last month…
Back in mid-March we started to see signs that the stock market was setting up for a rally. That was a tough opinion to hold back then. Stock market rallies had been hard to come by this year.
The S&P 500 was down 13% for 2022. It made a series of lower highs and lower lows. And the strongest bounce we had seen happened at the end of January and lasted only a few days.
But, in mid-March, the major stock market indexes had reached extremely oversold levels. Many of the technical momentum indicators were at levels from which strong, intermediate-term rallies often begin.
And investor sentiment (a contrary indicator) was more bearish than at any time since the COVID-era bottom in March 2020.
So, we had all of the ingredients for a broad stock market rally – one that could last for several weeks. The stocks that were likely to do the best were the ones that had been beaten up the worst so far this year.
Traders had lots of stocks to choose from in order to participate in the expected rally. But the one that I recommended to my subscribers was PayPal Holdings (PYPL).
PYPL is one of the largest financial tech companies in the market.
It operates a technology platform that enables digital payments on behalf of merchants and consumers. It provides payment solutions under multiple brands such as PayPal, Braintree, Venmo, Zoom, Hyperwallet, and Honey.
The company’s payment platform allows users to send and receive payments in approximately 200 markets and about 100 currencies.
PayPal ended 2021 with over 450 million active users, including 34 million merchants. It expects to add another 15-20 million users in 2022.
Revenue is growing at 17% per year. Earnings are up 19% per year. And the company generated $5.4 billion in free cash flow in 2021.
But, by mid-March, the stock was down nearly 50% so far in 2022, and down 70% from its peak last July.
That’s what happens in bad markets. Earnings multiples compress… Expectations get lowered… And former Wall Street darlings get thrown out like trash.
But I argued the PayPal selloff was way overdone. And, if the broad stock market could find a bottom soon, then PYPL was poised for one heck of a snap-back rally.
So, we bought speculative call options on PYPL – expecting to hold onto them for a few weeks.
It took only two days for PayPal to snap-back enough to give us a 130% gain on our trade. That’s up there with the returns we’ve seen on several other trades this year – like the 136% gain in three weeks on Wheaton Precious Metals (WPM), and the 140% gain in five days on the Invesco DB Agriculture Fund (DBA).
Like I said, it doesn’t take long to double your money if you can spot the right trade.
So, I’m going to show you how to do that.
Tomorrow at 8:00 p.m. ET, I’m holding a special event where I’ll explain the trading strategy that allowed me to spot the PayPal trade. I’ll also be giving away a FREE recommendation to all who attend, so you can get started trading right away.
It’s the same strategy that made me enough money to retire at the age of 42. And it gave subscribers the chance to double their money 16 times in 2021.
To sign up for this free event, all you have to do is click right here.
2022 is so far proving to be a tough year for the stock market, and a tough year for most traders.
But it doesn’t have to be that way. My particular style of trading thrives in this environment. I expect 2022 will be one of the best years of my career.
And, I’m looking forward to showing you how we’ll do that.
Best regards and good trading,
Jeff Clark