Categories: Momentum Trader Alert HotlinesStock Market News

Recommending Another Technology Play with Big Momentum

The technology sector continues to dominate the recommendations that are popping up on the Momentum Trader Alert computer screens.

Founded in 1995 and headquartered in Reston, Virginia, Verisign Inc. (VRSN) is a global leader in providing domain name registry services and internet security. The company enables internet navigation for many of the world’s most recognized domain names and provides protection for websites and enterprises around the world.

Verisign Inc. (VRSN) vs. the S&P 500 year to date.

Momentum Trader Analysis

Recommendation

Buy Verisign Inc (VRSN) at market today and place your stop at $103.00.

If you want to play the options, I recommend the VRSN January $110 calls (VRSN180119C00110000), which last traded at $4.30 and expire on Jan. 18.

Portfolio Update

Sell your remaining Aon Plc (AON) October $135 calls, which last traded at $11.80, to lock in a 101.71% gain.

Intuitive Surgical (ISRG) split its stock 3 for 1 on Oct. 6. Adjust your stop to $351 to lock in a 20% gain.

Raise your stop in CBOE Holdings Inc. (CBOE) to $105.65 to lock in a 15% gain.

Raise your stop in Altbaba, Inc. (AABA) to $66.35 to lock in at least a 15% gain.

Sincerely,

Nicholas A. Vardy

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Nicholas Vardy

Nicholas Vardy has a unique background that has proven his knack for making money in different markets around the world. He was the Editor of The Global Guru, a free weekly e-newsletter, and also edited the trading services Momentum Trader Alert, which focused on making short-term profits in the hottest markets in the world, and The Alpha Algorithm, which was designed specifically to deliver big, fast triple-digit winners, month after month. He was also the editor of Smart Money Masters, a monthly service focused on longer term investments recommended by the brightest minds in the business. Mr. Vardy has been a regular commentator on CNN International and the Fox Business Network. He has also published articles in The New Republic, The World and I, and The Baker & McKenzie Legal Review. The Global Guru/Nicholas Vardy has been cited in The Wall Street Journal, Newsweek, Fox Business News, CBS MarketWatch, Yahoo! Finance, and MSN Money Central. Mr. Vardy graduated from Stanford with a B.A. — with honors and distinction — in both Economics and History, and he also earned an M.A in Modern European Intellectual History. After winning a Fulbright Scholarship, he earned a J.D. degree at Harvard Law School where he was an editor of the Harvard International Law Journal. When not uncovering investment opportunities for his subscribers and investors, Mr. Vardy is a keep-fit enthusiast and an avid student of classical music.