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Archives for April 2020

April 2020 - Money Morning - Only the News You Can Profit From

“Dark Pools” Let Wall Street’s Elite Trade in Secret; Now It Can Be Your New Weapon

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It may seem like Wall Street's elite have an advantage over the average investor.

Maybe you just couldn't put your finger on how.

You just know it in your gut that their money and influence buys them something you can't get.

Now, we've got the proof.

Even better, we've found a way to use that information to help you make gains like 50% in six days, 390% in three days, and 63% in seven days.

It all has to do with secret exchanges called "Dark Pools."

In fact, 42% of all stock trades are made using these Dark Pools.

And thanks to a new algorithm, you don't have to be left out in the dark any longer...

Markets Live Recap: Unemployment Totals Top 30 Million

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Another 3.8 million Americans filed for unemployment this past week, bringing the total unemployed to over 30 million people.

The consensus estimate was for 3 million job losses, but coronavirus surprised to the upside yet again.

Stocks traded about 1% lower in early trading and found little support throughout the trading day, closing around the same level.

Here's what our experts – Chris Johnson, Tom Gentile, D.R. Barton, Jr., and Shah Gilani – saw in the markets today and think investors should be positioning themselves as we head into Friday trading.

Read more...

The Best Penny Stock to Buy Could Double by 2021

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We're approaching two months of lockdown.

And we don't know how much longer this will go, but it seems like fears only increase with time.

Our best penny stock to buy today is one way to beat the fear.

The CBOE Volatility Index (VIX) daily average is at 33, more than double what it was last year at 15.

But penny stocks tend to do well in these environments.

Our top penny stock today has 98% upside potential.

For a number of reasons...

How to Play This DIY Stock Breakout

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As stay-at-home restrictions are lifted on state at a time, this home improvement stock is getting a huge boost.

It's been on the rise since mid-March, and with an earnings report around the corner, several money-making catalysts are about to converge into one big breakout.

Fast Profits guest Chris Johnson says this trade is going to move fast, so don't hesitate: we're expecting to get in, get out, and profit by late June.

Check it out on the latest from Fast Profits, before this stock takes off...

Dow Jones Pulls Back on Latest COVID-19 Unemployment Numbers

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The Dow Jones today will slide on rising unemployment numbers as a result of the coronavirus lockdown.

The pullback comes despite earnings from some of the technology sector's top performers, like Microsoft Corporation (NASDAQ: MSFT) and Facebook (NASDAQ: FB).

Investors continue to cheer as the markets look to close out their strongest month since 1974 on Thursday.

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Three Breakout Income Stocks to Grow Your Wealth for Years

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Yields are up right now – and that's good news for investors who want to make some income.

With the stock market still down about 14% from its record highs in February, yields have climbed from an average 1.9% in February to 2.4% in April.

Of course, you don't have to settle for just yield.

You can buy stocks with healthy yield and that are climbing higher, so you can get paid to hold it and see your investment grow.

To find those stocks, our Chris Johnson turns to the technicals – otherwise known as the EKG of the market, showing you exactly what's going on.

Today, the technicals have led me to three breakout income stocks that are flashing the key bullish signals I look for when buying and that give you reliable yield...

Markets Live Recap: Stocks Jump After Successful Treatment Trials

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Investors got another vote of confidence today and bid stocks higher after Dr. Anthony Fauci expressed optimism about a potential coronavirus treatment from Gilead Sciences Inc. (NASDAQ: GILD).

Gilead's Remdesivir drug preliminary results showed at least 50% of patients treated with a five-day dosage improved.

The S&P 500 jumped 2.6%, putting the index on track for its best month since 1974.

At the same time, the curve does not appear to be flattening in the United States yet.

As of yesterday, over 1 million Americans have officially been diagnosed with the coronavirus.

And 32 million Americans are still officially unemployed.

That's approximately 19.5% of the 164.5 million total work force.

The stock market is clearly not representing the economy right now.

Instead, it's being propped up by the government.

Here's what our experts – Chris Johnson, Tom Gentile, and Shah Gilani – thought about today's positive move and where they see stocks moving forward.

Read more...

The Best Marijuana Stock in 2020 Could Double Your Money

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There are two gigantic investing mistakes most of you are making in 2020.

The first mistake is not buying enough stocks on the dip.

The second: not buying enough marijuana stocks on the dip.

The cannabis sector came in around $10 billion in 2019.

But it's projected to climb up to $300 billion, according to the National Institute of Cannabis Investors.

Our best marijuana stock today could pop 137% on the industry's rise.

But that's just one of several money-doubling gainers we've been excited about in the last year.

Read more...

This Blue-Chip 5G Stock Just Doubled Its Expansion Plan

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If you're anything like me, you've heard just about everything there is to know about 5G by now.

Don't get me wrong; the 5G story is huge.

Probably the most significant technological innovation to come to America – and the world – in our lifetimes thus far.

The breakthroughs it could bring and sectors it could revolutionize have been covered for years by my colleague, Money Morning Defense + Tech Specialist Michael Robinson.

But, while 2019 was certainly an exciting year for wireless technology, after an announcement made by one of 5G's biggest players two weeks ago, I am even more excited for the future of this technology – and you should be, too.

Read more...

3 Best Dividend Stocks to Buy in May 2020

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The market bounced back sharply in April, but remains well below its all-time highs of mid-February.

Investors are optimistic that the U.S. economy will reopen sooner than later, a hope that most of the concerns about COVID-19 have been overdone.

With that in mind, investors have a unique opportunity to purchase several stocks that will survive the COVID outbreak and thrive in the years ahead.

Best of all, these companies pay safe, reliable, and – in some cases – lofty dividends.

These are the best dividend stocks to buy in May 2020.

Read more...