Kyle, how do traders use catalysts to their advantage? If you want to find out how Kyle utilize catalyst events to his advantage and receive his latest Kyle Dennis Sniper Report Alert read below….
There’s been so much action in stocks recently…
And I believe there’s one key reason why stocks actually make large moves…
Catalysts are what moves the market — in my opinion.
I know what you’re probably thinking…
Kyle, how do traders use catalysts to their advantage?
Well, there are two schools of thought when it comes to catalyst trading:
- Reactive
- Proactive
There are traders who find success reacting to catalysts…
While others who try to identify the catalysts ahead of time…
And get in on the action.
For me personally, my bread-and-butter lies in trading catalysts… and I don’t box myself in…
There are some trades where I’ll be proactive… and others where I’ll be reactive…
That’s how I’ve made over $1.2M in 2020 so far…
Today, I want to show you why catalysts are so important and how I conduct my due diligence to identify these events.
How I Identify Catalyst Events – Kyle Dennis Sniper Report
When it comes to being a successful catalyst trader…
I believe the key is to conduct due diligence.
To me, catalysts are what causes stocks to move… and if I’m able to spot them ahead of time…
I believe I’m in a strong position to profit.
Now, a catalyst event can be an earnings event, changes in the sector, company-specific news, etc.
Basically, I believe it’s one key piece of information that could send a stock moving.
Of course, there are bullish and bearish catalysts for sectors.
For example, when the coronavirus hit and stay at home orders were in mass effect, there were various industries that got damaged, such as airlines, casinos, and cruise liners.
As some of these travel bans and stay at home orders are being lifted… these stocks have been catching a bounce.
I believe the best way for you to learn about the importance of catalyst events to identify trade ideas is to walk you through an example of how I conduct due diligence.
My Techniques To Uncover Stocks With Catalysts – Kyle Dennis Sniper Report
There’s one stock that’s on my radar right now…
A $2 pharma stock with the potential to return 10X on my money…
Now, I didn’t come across this stock out of sheer luck. In fact, I was out hunting for potential catalyst plays.
One of the main catalysts I noticed recently was the fact that the company’s CEO filed a Form-4.
If you don’t know, a Form-4 is a document that corporate insiders must fill out when they make moves in their positions.
It informs the general public on what actions insiders are taking.
Now, on June 3rd, this CEO bought 100K shares of stock in the company…
And on June 4th… the CEO came in and bought another 100K shares.
That’s one catalyst in my opinion.
If I see a corporate insider buying up shares of a company…
It signals to me they might know something.
With this specific stock, I did a little more research…
And found a number of catalysts in play.
- State and local governments relying on them for COVID-19 testings
- Already administered over 1 million COVID tests
- A working relationship with pharma-giant Pfizer.
- One of the few commercial laboratories serving all 50-states
- Developed a partnership with NYC to provide COVID-19 testing to all of its 11 hospitals and 70+ acute care facilities
Based on what I believe to be positive catalysts…
I’m convinced this stock could make a massive move very soon…
And it can be the top pharma stock everyone on the street talks about.
If you want to find out how I utilize catalyst events to my advantage and receive my latest Sniper Report Alert… then you’ll have to join now… because I’ll be dropping this pick very soon.