The Dow Jones Industrial Average could see big swings this week on the Federal Reserve's efforts to save the American economy.
The U.S. central bank announced a number of new programs to address the systemic challenges faced during the coronavirus pandemic.
These programs include another $300 billion in lending for Main Street businesses, plans to purchase mortgage-backed securities, and more Treasury purchases.
Today, Chris Johnson is providing some feedback on last week's trade: what delayed orders from being filled, and where we're going from here.
It's the first installment of his new initiative – to send you more Fast Profits tips and picks, to help you easily navigate today's uncharted volatility.
Here's Chris with the first Fast Profits issue of the day...
by Tom Gentile
The world has declared war on the novel coronavirus, COVID-19. And the markets are in a full-blown tailspin as a result.
In less than one month, all three major indexes shed more than 20% off their recent highs – making it the fastest we've ever entered a bear market. Portfolios are being drained of cash.
We haven't seen anything exactly like this before.
And while a once-in-a-lifetime trading and investing opportunity will follow, what will happen first is a series of ugly events.
Because you can't solve this "pandemic problem" with a "financial fix."
by Shah Gilani
If you think the Fed's going to fire hundreds of billions or trillions of dollars of "stimulus" rounds at the coronavirus crisis and pierce its grip on mankind, on the market, and on the economy, you're wrong.
This is an existential threat to humans, markets, and economies, which the Fed's ammo can't kill – but it sure can make it worse.
Here's what the Fed's doing, what it's going to do, why it won't work, how you'll know it's not working, and how it's going to make everything worse…
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The coronavirus crash has decimated stocks, but the real risk is that the coronavirus could cause a recession.
That's where investors need to focus their attention right now.
Stocks simply aren't going back up until the economy recovers.
While we might not hit the technical definition of a recession, Americans are already experiencing the effects of one.
But there's a silver lining...
Lately, we have been getting a lot of questions from our members about what they should do with their IRAs.
So, we turned to Money Morning’s own Shah Gilani for guidance during these troubling times.
Shah is a 37-year investing professional who has experienced many market crashes over the course of his career.
He doesn’t work for a big bank or a brokerage house. He isn’t a financial advisor hoping to skim 1-2% off the top of your portfolio.
Instead, Shah’s offering his experience and expertise for free to our readers because he’s sick of Wall Street taking advantage of the “little guy.”
Here’s how Shah views the current COVID-19 crisis and how you should be handling your IRA (individual retirement account) today.
The Dow Jones Industrial Average is coming off its sharpest drop into a bear market in history this month.
The ongoing coronavirus response has effectively shut down the hospitality, travel, and restaurant industries.
With that in mind, turning to blue-chip dividend stocks is one way to hedge your portfolio right now.
These stocks may pull back with the rest of the market, but any dividend payments will serve as hedges now.
Today, we're going to discuss three high-yield dividend stocks that offer tremendous upside when the coronavirus passes and we move toward full recovery.
The Dow Jones Industrial Average might see some correction Friday, but the market remains volatile amid coronavirus panic.
This latest rally has been largely driven by technology stocks.
This is the sixth Friday in a row where equity markets have pulled higher, so investors should take caution, particularly on Quadruple Witching day.
by Tom Gentile
The last time I spoke with you folks, I told you about three different things that you could do – and that I'm definitely doing myself – in the midst of a world crisis like the coronavirus:
1. Risk less – around the office we have a saying, "Trade small, trade often," and there's a reason for that. Trade small basically means small risk, but also, trading often means we're able to diversify ourselves into many different things, both bullish and bearish.
2. Look for things that go up in a down market.
3. Exploit volatility when it comes to options – boy, have we got volatility here now.
Now, I wanted to take a few minutes with you to show you how I assess these markets.
I divide the overall market into four grids because wherever the overall market is going, chances are, your portfolio's being affected in one way or another. Specifically, I watch four key areas – the "four corners of the market" – to tell me what's going on, and the right action to take… Full Story
