
TEM – My Bullseye Pick of the Week - Bullseye Pick of the Week
TEM – My Bullseye Pick of the Week

TEM Call options near $2.20 – 4 days later $8.35 = 279%
My Trade Plan Details:
- TEM Sept 19 $85 calls near $2.20
- Stop: Closes TEM below $73
- Target 1: $85
- Target 2: $90
My reasoning:
All the bad news that gets thrown at it gets shaken off, and then we seem to march to new highs. I guess I have underestimated the market’s appetite for lower interest rates, even if that comes at the cost of a weaker overall economy.
This week, my top idea was notoriously put on the map when Pelosi made a sizeable investment in this stock earlier this year.
She has done incredibly well on the trade (not surprising!), and after shaking off the last pullback, it looks like this one is ready to break out once again