After the Senate scored the votes on Tuesday to review a plan for repealing or repealing and replacing what’s come to be known as Obamacare, we saw a mixed bag reaction from health care stocks. Even some of the bulletproof ones, like Amgen Inc. (AMGN), closed lower from their opening highs.
Now Whether or not this was simply a kneejerk reaction remains to be said. Only time will tell if their bill will pass – and it’s got a ways to go from here.
But no matter what happens next, you’ve got a great opportunity to make some real money right now.
What I’d consider doing is finding the stocks in that ETF that are at their 52-week highs and look to employ the long call option strategy on one (or a few of those), with the idea that stocks at their highs should maintain their momentum higher.
But to make it even easier for you…
I created a list using my proprietary tools of the top 12 stocks that are at or near their 52-week highs:
And remember…
We’ve still got much more to come from Washington. But don’t let the headlines decide your trading decisions for you. Plan your trade, and trade your plan. My hope is that this strategy serves as a nice, easy, and lucrative starting point for you.
To your continued success…
Up Next: New Legislation to create millionaires (details here)
Tom Gentile