Trade of the Day

Traders are always on the lookout for the next big turnaround story, and floundering energy company Canadian Solar CSIQ – NASDAQ came out on top [yesterday] when a customer bought 2,000 CSIQ April 15 calls.

Bottarelli Research Translation: Solar stocks have been disastrous investments for years, and now with an incoming president-elect who’s notoriously fond of conventional energy resources, the timing seems peculiar. However, CSIQ set a multi-year low the day after the election and has been quietly recovering since. Perhaps sellers have run out of steam and CSIQ is about to break higher?

On January 1, California completely legalized cannabis for medical and recreational use - promising to spark a $20.2 BILLION industry in the Golden State alone. By getting in on the ground floor of this exceptional opportunity, you could have the chance to pocket life-changing windfalls thanks to this historic event. And one pot stock expert has his sights set on three stocks he expects to skyrocket following this crucial announcement. Get the details here..

Source: Bottarelli Research