The race for a cure is on!

Interest in stocks with direct and indirect exposure to the "vaccine trade" is through the roof. And with this interest comes some wild price action in both directions.

Today's play is in one of those names, but we like it more for its chart action than anything else. (It's kinda what we do here) ;)

I own a 2015 model vehicle and I plan on driving this car until it crawls. I'm not interested in being in the rat-race of always having the sexy latest model car with the equally unsexy monthly car payments. Been there, done that. No longer interests me. I'd rather just keep my current ride on the road as long as I can.

It appears I'm not alone in this as companies that sell spare car parts are seeing their stocks perform very well. 

The ASC research time has been hitting the bong for some deep thinking and far out trade ideas. Tom Bruni published this piece on opportunities hidden behind a cloud of smoke in the marijuana stocks space.

One pretty speculative idea stood out to me which we'll be taking a hit off today.

Wow! What an open for stocks today. The votes are in and investors have decided the winner is: STOCKS. Of course, I'm told there's some positive vaccines news which may be accounting for the run up we're seeing today. Either way, all the major stock indices are printing new all-time highs today --- something you don't see in bear markets.

Our latest Under the Hood report is out and there's a bevy of opportunities to choose from. And given the week we've just had, my favorite idea supports something I think we all could use a little more of -- rest.

This is the video recording and slides from the All Star Options Monthly Conference Call: November 6, 2020.

I don't think there's any doubt that we'll be seeing a surge in healthcare spending in the coming months and years. And while that makes for a good story, the charts in the healthcare sector offer a more compelling narrative.

Breaking away from custom here, we'll be taking a shot in a laggard in this sector that offers us a pretty clear risk management level and an affordable opportunity for us to buy time for the catch up to commence.

If you love guacamole, chips, and buying on dips, you'll like this play. Our latest Under the Hood Report is out and a familiar eatery is offering up a nice deal for lunch.

Bullish setups continue to appear -- and work. Sure, there are plenty of reasons for weaker souls to sit on the sidelines over the next few weeks. But only price pays, and when we can use options to clearly define our risks while still participating in a chance for gains, we'd be irresponsible if we didn't step to the plate to take our swings.

Today's trade comes from the recently updated "2 to 100 Club" list and is a $3.7 billion online personal styling and clothing platform.

Sure, you could go spend top dollar on that hot new make and model at the fancy big city car dealership.

But we all know the best deals are often found at the used car lot on the outskirts of town. And apparently investors are waking up to the fact that an investment in these operations can be good for their portfolios as well.

It isn't just the sexy high-tech names that are offering great opportunities. Sometimes, the best ideas can be the simplest ones.

After brushing my teeth this morning, I happened to be reviewing the list of stocks the ASC research team is watching. Call it kizmet, but the fresh tingle of clean teeth was still making itself known when I came across this chart:

As a trader, I've always looked forward to Mondays. These days, I like them even more because I get to act upon some great trading ideas published in the Under the Hood report which the ASC research team puts out every weekend. There have been so many great plays coming out of the report lately. (Have you seen $PTON??? wow.)

And this most resent one has given me an idea for a "plan" today.

The All Star Charts research team is about to release a new report called the "Young Aristocrats." I've seen the preview and one of the stocks on their list is setting up nicely today for a breakout, so I'm wasting no time to get involved.