During our monthly All Star Options conference call for members, JC & I laid out our bullish case for Berkshire Hathaway. These days, in spite of the diversity of industries that fall under the Berkshire umbrella, the tracking stock $BRK/B trades much like a financial.

Additionally, Berkshire exhibits high correlation to the S&P 500, and with the rotation we're seeing into financials it makes sense to be long $BRK/B while we're still incredibly bullish on the overall market. And of course, the technicals we're watching all point to higher prices.

This is the video recording of the August 2018 Conference Call for Members of All Star Options

Eight months of sideways consolidation and an upcoming earnings event next week are setting the table for the potential of significant upside in shares of Nvidia $NVDA.

The semiconductor space is a leading indicator for the technology sector which has been outperforming in both an absolute sense as well as relative to the rest of the stock market. We view $NVDA as a leader among semiconductor stocks and it is only natural that this name should resume it's trek higher with the market, which we're still incredibly bullish on.

We're going to make a bet that next week's earnings is the catalyst to get $NVDA moving again.

The Agribusiness sector might not often be thought of as sexy, but it is threatening to break out above 2008 highs (as measured by the Agribusiness ETF $MOO) and individual names are starting to look pretty compelling. As such, we're on the hunt for asymmetric reward-to-risk opportunities and we've identified one using a little creative leverage.

I won't pretend to know anything about medical devices, how they're built, or why they work. But that doesn't mean we can't profit in the sector.

The Medical Devices sector as a whole is trading at all time highs, and one particular name is setting up a screaming buy opportunity.

51 days until expiration is the sweet spot for putting on delta neutral income trades. "Income Trades" are best established in underlyings experiencing elevated levels of volatility (resulting in higher options prices), but that are stuck within a price range. The thinking here is that volatility is likely to revert back to the mean and the underlying is likely to stay within it's current range. Inertia, ya dig?

In coming weeks, All Star Options will be unveiling an Income Trades Heat Map which will help direct you towards the best ETF candidates for putting on these trades whenever you're interested.

In the meantime, we've got a trade from the top of this list ready to go.

The last two trading days (Thursday-Friday July 26-27) have been somewhat challenging for the S&P 500 and Nasdaq. But there was some relative strength in the financials, in particular, American Express $AXP which last week printed a new all-time high.

This isn't entirely surprising to us as we've been watching the financials absorb cash flows as one of the next to step up in the ongoing sector rotations that continue to lead this bull market higher. And we've got a plan to capitalize.

As a group, the semi-conductors sector has been underperforming this year, but signs are pointing to an upward trend declaration soon. This isn't a wildly bullish announcement, but neither do we need to be wildly bullish to make money on a mildly bullish opportunity.

With earnings coming up on July 30 and some significant recent support levels to lean against, we're going to take advantage of the 'earnings premium' being priced in to $KLAC options today.

Texas Instruments $TXN appears to have authored no surprises in their quarterly earnings call on Tuesday afternoon, announcing well telegraphed results (following a recent CEO shakeup) that had basically no effect on share prices in the after-hours session.

That's good news, because now traders can get to work on completing its now 27 week base and not have to worry too much about any headline risk to get in the way in the near future. With all-time highs within range, we've got a plan to participate.

In the latest monthly conference call for All Star Charts subscribers, JC lays out a compelling case for being long leaders in the transportation space -- notably trucking and railroads.

We're not one to step in front of trends, especially those riding on rails, and with a well received earnings report released last week pushing $CSX to new highs, we see nothing but green lights ahead to our price target. And when momentum is coupled with collapsing volatility, it sets up pretty compelling opportunities to participate in some highly leveraged upside.

JC is fond of trades that offer asymmetric return opportunities (who isn't, really?). And we've got a potential beauty setting up in Abbott Labs $ABT.

With earnings out of the way and a direction loudly declared, we've got a screaming opportunity setting up and we're ready to strike.

I have a Google Home at my house and we ask it questions all the time. I asked: "Hey Google, do we really need to call google Alphabet?" and she responded: "Sorry, I don't understand the question."

Yeah, me neither.

In case you've been living under a rock, Google $GOOG printed a new all-time high today (Tuesday) and continues to ignore headlines like a good soldier. And with earnings on deck, scaredy-cat options market makers are bidding up prices in options ahead of July 23rd's release. This sets up a nice trade for us.