Archives for March 2020

March 2020 - Page 7 of 14 - Money Morning - Only the News You Can Profit From

Wednesday Stock Market Update: What to Do as Stocks Keep Falling

This market crash has been a long time coming, and it won't stop here.

Chris Johnson is calling for another 18-20% decline over the next few months.

Today, he's breaking down the market climate, explaining where we are, where we're going, and how YOU can get there safely.

And he's offering two trade recommendations to combat the current stock market devastation.

Read more...

Buy and Hold - What to Do with Your Money in the Face of the Coronavirus

In the last week, we've experienced two of the worst trading days since the market crash of 1987.

While there has been a lot of panic, we at Money Morning are working diligently to help investors navigate this downturn.

Today, we're talking with Money Morning Special Situation Strategist Tim Melvin.

He'll explain what you can do right now to not only protect your wealth, but also profit in the short-term and long-term from the economic downturn caused by COVID-19.

Tim has a long-term investment mindset and has navigated investors through the 1987 crash, the dot-com bubble, and the 2008 financial crisis.

Here's how Tim is handling these markets now.

Read more...

Ten Smart Investing Tools to Survive a Coronavirus-Driven Market

When the stock market crashed back in October 1987, I was a banking-technology analyst working in San Francisco's financial district.

Known as "Black Monday," Oct. 19 saw the bellwether Dow lose 22.6% of its value in a single day.

My boss called me from New York after the market closed to talk about the impact of the Dow's plunge.

"This is huge," he told me. "It's Kaboom…"

"Hey, this is great news," I said. "They're having a sale on Wall Street."

I'm not making light of the coronavirus correction that has slammed the stock market. I know the current panic is bound to slow the economy as we see travel restricted, events canceled, and businesses temporarily closed.

As a boomer of a "certain age," I have lived through all sorts of events that have either roiled the economy or the market – or both.

We're talking about the Vietnam War, two Arab oil embargoes, and three Gulf Wars. I also had to manage my way through several recessions and witnessed big political upheavals like two presidential impeachments in the last 21 years.

Not only that, but I had to work my way through the "dot-com" bust of 2000-2002 and the Great Recession of 2008.

It'll get worse before it gets better. But as I try to get a sense of the long-term picture here – as I need to, in order to get a sense of how to invest for this situation – here's what I see… Full Story

It'll get worse before it gets better. But as I try to get a sense of the long-term picture here - as I need to, in order to get a sense of how to invest for this situation - here's what I see... Full Story

What Our Experts Are Saying as the Coronavirus Market Crash Accelerates

We don't need to tell you it's been a rough few weeks.

You know trading has been halted four times in the last week, you've watched your 401(k) evaporate, and you're likely reading this from home as offices, restaurants, and other spaces are shutting down.

What you want is to cut through the headlines and hysteria and find out exactly what you can do.

Money Morning has assembled a team of experts with more than a century of market experience.

This isn't their first time around the block.

And they're here to help you.

Read More…

Dow Jones Industrial Average Up Today Following 13% Drop Monday

The Dow Jones Industrial Average will see another volatile day as state governments ramp up precautionary measures against the coronavirus pandemic.

Global financial institutions are beginning to admit the financial realities facing the world.

Morgan Stanley (NYSE: MS) announced this morning that a global recession is now the organization's base case.

Read more...

3 Dividend Stocks to Buy to Protect Your Portfolio from Coronavirus Panic

Right now, the S&P 500 is sitting at 2,386.

That figure is roughly 18 times earnings and is getting very close to reaching fair value.

The pullback has brought the S&P down to a critical support level near 2,350.

And now many investors are seeing this as an opportunity to slowly begin buying stocks with strong balance sheets and dividends.

If you're looking for guidance and are eager to put money to work, it's important to be cautious.

But you can start by purchasing solid companies that will thrive during the coronavirus outbreak or will be the key survivors once the pandemic passes.

Here's why you should consider dollar-cost averaging into the following top dividend stocks...

One Simple Trading Rule to Lower Your Coronavirus Portfolio Risk

I usually like to spend my time with these articles writing a funny analogy to a golf or fishing trip or something about how investing can be like raising kids. Today's message, however, is simpler and more straightforward.

Folks, I've written you a lot about the market's wild gyrations over the last month. I've told you that "volatility creates opportunity," but I'm here to tell you today that things are a little different.

I spent much of yesterday thinking about you and your portfolios. Like me, I'm guessing that you have accounts that are set up for your retirement and other savings, plus your accounts for speculation trades.

This is wise, but there's something we all must consider today, and for the next month or so… this isn't even a speculative market; it's chaos.

I don't say this to strike fear – 10 minutes in front of a television will do that – but instead, I want to make a point. Speculation still depends on an inherent ability to forecast something that may happen. This market crossed a line where speculation ended and chaos began last Monday.

Now, we need the markets to reprice risk and begin rebuilding back to a new normal. It will happen.

How long will this take? Nobody can answer that question, but I do know that I'll be here with you the whole time, and when it does, we'll pick up right where we left off. We will have opportunities here and there along the way, while we look for the market to get a fundamental reset in order to be anything less than dangerous.

Until then, here's what my 30 years of experience tell me… Full Story

Until then, here's what my 30 years of experience tell me...

The Dow Jones Today Fell 3,000 Points: Here's What's Next

Stocks closing on their lows is never a good sign, especially on record-breaking down days like today.

The Dow closed down almost 3,000-points – nearly a 13% loss in a single day. And the Dow closed almost on its lows. That's the same case for the S&P 500 and the Nasdaq Composite.

The Fed cutting the Fed Funds rate to 0% is not a good thing. It's basically a desperate move showing a lack of liquidity at big banks.

So here's Shah to explain what's happening, what hee ses playing out in the coming weeks, and what to do about it...