The focus this weekend is on three of the individual stock winners for 2024, TSLA, PLTR and RKLB. Below are performance returns for unexpired calls held in the Premium Service portfolio in all three stocks (including TSLL the 2X bullish TSLA ETF) as we head into the final six weeks of the year. Seasonality suggests that stocks will be up into the holidays, but seasonality doesn't pay the bills. Accordingly, I've included 50% trailing stop percentages in the far right column of the spreadsheet. If hit, take a minimum of half the position off, riding whatever remains closer to expiration. That will capture and protect gains while drastically reducing risk, but still leave the door open for further gains. I expect these three stocks to lead our trading well into 2025 and anticipate adding up a couple more names to carry us through the new year and beyond. Individual Stock Calls: Premium Options Portfolio Note: The two new PLTR roll-up strikes, $55 & $65 entered on Nov 6th, have not yet reached +100% (it's only been three days!) but when they do, expect those trailing stop cells to get filled in. Until then, -50% hard stop. CHARTS & ANALYSIS TSLA - Weekly The pattern is familiar to long term subscribers: Trend Model + Elliott Wave structure + Breakout = Buy, Buy, Buy (See Oct 25th Update). Price targets over the next two years suggest TSLA will double...and then double again. TSLL - Daily Low-priced leveraged (2X) proxy for trading TSLA, via shares and/or options. Whatever TSLA does price-wise, TSLL will do twice as much. A perpetual option with no expiration date. PLTR - 2-Day With a 2-Day chart we can squeeze 18 months of price growth into one visual. Another third wave impulse at multiple degrees of trend with a triple digit share price projected for 2025. RKLB Earnings out Tuesday, stock is up 3X since previous earnings report in August. This stock was added on pure pattern recognition, with a touch of "cool name" icing on the cake. The Big Picture IWM - Monthly The only index not yet making all time new highs: Key Level ---> 245, if broken to the upside, this bull has legs. Everyone is turning not just bullish, but ebullient. That suggests "top coming," but without a time frame or trigger, we can only take it day-by-day. As is evident from some of the huge "Current Return" numbers from our active positions in the top table, despite big picture reservations we have knocked it out of the park repeatedly this year. We will continue to pursue those big numbers in our current favorite names and a few more that have recently appeared on my radar. If the market starts breaking down, we will adjust strategy accordingly, but for now, let's assume that the tailwind from the election will continue to lift this market into the holidays and beyond. Pay attention and look for some new picks soon to carry us forward into early 2025 expiration months. Seasonality - Election Years Active Trades: PRO Service Active Trades: Premium Service
