Did Goldman Knock This Down to Pick It Back Up?


4 minutes and 20 seconds well spent yesterday, and you know I want to guide you through how I’d enjoy doing the same today…

Two for two on Apple day trades as well, and I think Goldman Sachs may be up to something fishy right now…

Ticker Code Ticker Name Ticker Industry Price Change Average Volume (50)*
MVIS Microvision, Inc. Scientific & Technical Instruments 28.77% 19,079,796
IDEX Ideanomics Inc Software – Application 87.70% 38,930,435
BYFC Broadway Financial Corp Banks – Regional 32.54% 7,807,697
KTOV KITOV PHARMA LT/S ADR Biotechnology 45.35% 31,422,096
GNUS Genius Brands International Inc Entertainment -152.21% 87,862,086
LK Luckin Coffee Inc – ADR Restaurants -28.98% 64,948,527
XSPA XpresSpa Group Inc Personal Services -17.28% 19,190,347
SINT SINTX Technologies Inc Medical Devices 65.24% 6,793,693
ZEST Ecoark Holdings, Inc. Plastics products, misc 24.06% 926,140
BOX Box Inc Software – Infrastructure 7.92% 3,366,926
NIO Nio Inc. Auto Manufacturers 12.97% 76,144,188
EVOK Evoke Pharma Inc Drug Manufacturers – Specialty & Generic 33.71% 2,667,978
INO Inovio Pharmaceuticals Inc Biotechnology 50.23% 29,283,162
INPX Inpixon Software – Application 0.63% 12,269,547
CYDY CytoDyn Inc Pharmaceutical preparations 42.89% 3,895,327
NK Nantkwest Inc Biotechnology 48.85% 3,237,984
SHIP Seanergy Maritime Holdings Corp. Marine Shipping 53.33% 109,762,400
ROKU Roku Inc Pay TV 16.55% 10,566,858
SPCE Virgin Galactic Holdings Inc Aerospace & Defense -2.32% 15,005,484
IVR Invesco Mortgage Capital Inc REIT – Mortgage 6.28% 28,041,751

Subject to quite a bit of skepticism, this exact scenario actually happens quite a bit…

Nio Incorporated (NYSE: NIO) is up about 100% over the past 30 days. Unless the company internally implodes or markets crash, the sky seems to be the limit for this electric car company.

But what if some financial professionals missed out on any bullish profits on NIO’s massive spike over the past 30 days or simply want to make the same money twice? What are they supposed to do in order to be offered another chance at making some money on NIO themselves?

Now, I’ve said this before and I’ll say it again… Financial professionals can move markets with one click of a mouse or by issuing one press release.

And the fat cats at Goldman Sachs did exactly that about 22 hours ago by issuing a downgrade on NIO. The stock instantly dropped 4%.

But here’s what makes me really interested…

Just yesterday, option players came in and bought $104k worth of call options on NIO, anticipating NIO’s price-per-share rallies to $7 or higher by tomorrow’s closing bell.

Did Goldman knock NIO’s price down only to pick it right back up at a discount? It actually happens pretty often, and we may be seeing that exact scenario play out on NIO right now.


NIO Daily Chart

While moves of this nature do come with some skepticism from retail traders who cannot manipulate a stock’s price-per-share and move money in or out of it at will, I don’t really care too much…

I’m just looking to make a move or two on NIO in the hours or days ahead and make some money on it myself.

Shown in green in the chart above is NIO’s 20-day simple moving average line (20 sma), a critical support level. If NIO holds, I may buy call options alongside yesterday’s $104k option player for a fast-moving trade opportunity.

Below NIO’s 20-day simple moving average line and I’ll follow the money flow prior to making any decisions. Oftentimes stocks like NIO are knocked down in price only to be picked back up at a discount, and I don’t want to be betting against a stock while a six-figure buyer comes in and makes a potential bullish bet.

I’ll be in touch mid-day with updates and a watchlist.

Let me know how YOU do today!

Yours for TrackStar trading,

Davis Martin
America’s #1 Options Trader
@DavisMartin88
@DavisMartin88

Disclaimer: This is not investment advice. This article is for information purposes only and opinion-based on financial advisor data across a selection of websites. Investors should be cautious about any and all investments and are advised to conduct their own due diligence prior to making any investment decisions.

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