A Smart Money Favorite with Giant Momentum

Nicholas Vardy

Nicholas Vardy has a unique background that has proven his knack for making money in different markets around the world.

This week’s Momentum Trader Alert pick is an energy stock that ranks as the #3 holding of money master Carl Icahn.

Several other large hedge funds recently have increased their holdings in CVI, including legendary trend follower Campbell & Co. Headquartered in Sugar Land, Texas, CVR Energy Inc. (CVI), through its subsidiaries, engages in petroleum refining and nitrogen fertilizer manufacturing activities in the United States.

The stock has been on a tear and is up 19.62% just over the past month.

CVR Energy Inc. (CVI) vs. the S&P 500 over the past three months.

Momentum Trader Analysis


Buy CVR Energy Inc. (CVI) at market today and place your stop at $29.25.

If you want to play the options, I recommend the CVI March 2018 $35 calls (CVI180316C00035000), which last traded at $2.87 and expire on March 16.

Portfolio Update

Sell your remaining TXN January $92.50 calls, which last traded at $9.08 and expire on Jan. 19, for a 101.78% gain.

Sell half of your WWE April $30 calls, which last traded at $3.90 and expire on April 20, for a 69.57% gain.

P.S. This is the final recommendation of the year for Momentum Trader Alert.  I will be taking a break next week along with my colleagues at Eagle Financial Publications.


Nicholas Vardy

Nicholas A. Vardy

Exclusive  A Yen for Defense

Like This Article?
Now Get Our FREE Special Report:
Alternative Investing: Investing in Timber

Stock Investor editor Paul Dykewicz reveals why investing in timber may be one of the best long-term portfolio strategies you'll find today.

Get Access to the Report, 100% FREE

previous article

Economist Dr. Mark Skousen offers an update on Bitcoin and his take on tax reform.


Dr. Mark Skousen

Named one of the "Top 20 Living Economists," Dr. Skousen publishes 5 different investment newsletter advisories, including the award-winning Forecasts & Strategies, which has beaten the market over the last 15 years.

Product Details


Bryan Perry

A former Wall Street financial advisor with three decades' experience, Bryan Perry focuses his efforts on high-yield income investing and quick-hitting options plays. Bryan's four newsletter and trading services include:

Product Details


Jim Woods

A 20-plus-year veteran of the markets, Jim Woods has varied experience as a broker, hedge fund trader, financial writer, author and newsletter editor.

Product Details


Bob Carlson

In Bob's monthly newsletter, Retirement Watch, he provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.

Product Details


Mike Turner

Mike’s financial, mathematical, computer science and engineering background serves as the foundation for his disciplined, rules-based approach to trading. Mike’s three services include:

Product Details



Used by financial advisors and individual investors all over the world, DividendInvestor.com is the premier provider and one-stop shop for dividend information and research.

Product Details

Popular tools include our proprietary Dividend Calendar, Dividend Calculator, Dividend Score Card, and many more.