Make some money while you sleep with Tempur Sealy

• Posted by Greg Harmon
• on March 4th, 2015

I spent some of my formative years trading financing products. In the bowels of the banking system, repo, buy sell backs, swaps. These products were not flashy but they had one thing in common. They accrued income every day. We used to joke that we made as much money on the weekend and while sleeping as we did at the desk. It is not that easy to make money in stocks and options trading though. But I may have found a way to cash in on sleep.

Tempur Sealy International ($TPX) is the maker of the most recommended mattress according to their website. Their stock price chart above shows some interesting movement. Not so much over the November to February period, but that action after the dump down to 49 following their earnings report February 5th. Since then it has had two steps higher and is back near the November peak. It is notable as well that this is over the slowly rising 200 day SMA.

Also worth noting is the relative strength it is exhibiting in the current short pullback. It has almost lost nothing. Watch this stock for a break over 57.50 to add to your portfolio or trading book for a ride higher, and come as close as you can to making money while you sleep.

drawing by marcelvaneijk

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