A semiconductor name that we got into a few weeks back stopped us out, and that sucked. But the beauty of honoring stop losses and stepping aside is that it allows us to gain fresh perspectives on new setups.

Armed with this new perspective, as well as seeing the stock show up in a recent Under the Hood report has me ready to test the waters again.

It is undeniable that the current market environment is rapidly weeding out companies that cannot survive in a digital world, and handsomely rewarding those that can.

And it isn't always the super high tech, VC-backed, trendy startup company that benefits. There are plenty of "old-school" names positioning themselves for the new reality of commerce in our new world. Thankfully, we don't need to be "futurists" who can predict the future of social, economic, and government trends. All we need to do is keep a careful eye on where investors are allocating capital and the resulting price action tells us everything we need to know.

Our trade idea today is in one of those old school retailers that's reinventing itself in new school ways.

I know, I know. I'm showing my age with this reference. But even this one is old for me. But it goes with the theme for today's trade:

We want to be buying stocks in the healthcare tech space. And today's trade is in a stock that looks ready to resume it's march higher.

As the U.S. continues to deal with the Coronavirus situation, it makes sense that stocks in the healthcare space should be doing well. There's a lot of attention and investment happening here to help deal with the calamity and prevent future spread.

Of course, as traders we don't need to read the headlines to know this. Following price and charts tells us everything we need to know.

One of our favorite names in the space is setting up nicely and it's time for us to get involved.

A Post-Earnings breakout to new all-time highs, coupled with a collapse in options premiums always gets my attention.

Add in that it's in a hot space like semiconductors and you'll fully capture my interest.

The team published a piece last week highlighting a bunch of setups in the Natural Gas space. A few of these stocks are already pretty extended due to recent moves, but I've found that one of them still has a lot of meat left on the bone and we can get into it with some cheap call options.

Oh Deere & Co, you tempt me so.

I'm on vacation and trying to stay away from the screens as much as possible this week, but you broke out on Wednesday and today you're just hanging there, baiting me into getting involved.

This is the video recording of the August 2020 Conference Call for Members of All Star Options

Maybe it's because I've got some leftover pizza in my fridge which is on my mind for lunch today, but I've been taking a look at a pizza play the research team discussed during the recent All Star Charts Monthly Conference Call and it's got my mouth watering.

The ASC team published a bunch of bullish ideas in the Pharma and Medical Devices spaces during our recent Monthly Conference Call.

After a pullback and a successful bounce off support, one of those names is setting up a great opportunity to get involved on the long side.

The metals space sure has caught people's attention in recent weeks. We've seen some big moves in Gold and Silver and around the entire complex.

During the recent All Star Charts Monthly Conference call, we discussed our bullish stance on metals over the near term.

With that background, we've been watching a mining company who's stock is setting up nicely for a big move if the stars continue to align.

Another quick little update on the NKLA position we put on a couple weeks ago.

Our patience from our original entry timing has paid off, and the directional move we were playing for has happened. $NKLA has traded down to our target price of $35.

Good, right?

Well, not so fast.