Edward Lance lorilla,
What's the original strategy of RagingBull's most profitable trader?
Biotech catalysts.
Traders can spend years studying market technicals… but in terms of raw profit potential, Kyle Dennis has found catalyst trading more valuable.
They transitioned him from a broke college graduate… to experiencing an 18,000% ROI in just 4 years.*
And for the most part, it didn't even require playing options.
Because hardly anything causes the price of a stock to move up or down quite like biotech catalysts…
Like a few of these big 2020 winners...
- Novavax (NVAX)— 2,672.36% YTD
- Vaxart (VXRT)— 1,757.14% YTD
- Trillium Therapeutics (TRIL)— 1,324.27% YTD
- Genprex (GNPX)— 1,081.25% YTD
Now, there's a whole range of catalysts that could cause biotechs to move like that.
And it's not just the intense race for a coronavirus vaccine that can send them way up (or down)...
Earnings releases, company news, analyst comments, lawsuits…
Or a couple of Kyle's personal favorites— FDA approvals and the commencement of Phase I, II, or III trials.
See, what Kyle will do is trade the stock in anticipation of the event…
And if a stock has a positive catalyst, it will go up.
Like Spectrum Pharmaceuticals (SPPI).
Kyle bought 10k SPPI at $4.31 this past Tuesday and on Friday it had a press release about some encouraging data...
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