Share This Article

Facebook LinkedIn
Twitter Reddit
Print Email
Pinterest Gmail
Yahoo
Money Morning
×
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • Angel Investing
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
  • Retire
    • Income Investing Guide
    • Retirement Articles
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
Login My Member Benefits Archives Research Your Team About Us FAQ
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • Angel Investing
    ×
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
    ×
  • Retire
    • Income Investing Guide
    • Retirement Articles
    ×
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
    ×
  • Subscribe
Enter stock ticker or keyword
×
5 Ways to Beat the Fed (and Crush Inflation)
Twitter
Tags: stocks
Stocks: amzn, BTC, DOCU, GLD, JNJ, JPM, MSFT, WFC, ZM

Markets Live Recap: Our Experts Aren't Buying This Rally

By Money Morning Staff Reports, Money Morning • April 14, 2020

Start the conversation

Comment on This Story Click here to cancel reply.

Or to contact Money Morning Customer Service, click here.

Your email address will not be published. Required fields are marked *

Some HTML is OK

The consensus among our experts here at Money Morning is that the worst for the economy is still yet to come...

Instead of a quick "V-shaped" rebound, they're expecting longer, drawn out, "W-shaped" recovery for stocks.

But that doesn't mean some companies aren't worth owning now...

If you're patient and know what to look for, you can trade in and out of stocks with defined momentum. The trend is your friend. And it gives you a higher probability of making fast money in this volatile market.

It's important to pay attention to the nuances in this market. And our experts know exactly what to look for.

Here's what Chris Johnson, Tom Gentile, D.R. Barton, Jr., and Shah Gilani saw in the markets today, April 14...

Chris Johnson (8:45 a.m. EDT)

    Sign up for SMS so you never miss special events, exclusive offers, and weekly bonus trades.
  • Chris thinks investors should maintain their protective puts because new lows are still "in play" as earnings season begins.
  • You should only add short-term stock or call exposure on stocks that are breaking above key technical levels (like their 20- and 50-day moving averages).
    • Zoom Video Communications Inc. (NASDAQ: ZM) and Johnson & Johnson (NYSE: JNJ) are Chris' two favorites to buy today - but only for short-term trades.
  • Also consider buying stocks that are seeing short-squeeze rallies.
    • Do this by targeting stocks with high short interest ratios that are also trading above their 50-day moving averages.

Tom Gentile (11 a.m. EDT)

  • Tom likes gold and showed his viewers how to put on a call spread that packs a lot of upside potential, while limiting your downside risk.
  • He also likes Bitcoin (BTC) because it's a scarce asset that's about to be even more scarce after the next halving in May.
    • Tom noted that Bitcoin has risen substantially in the 16 months following the past two halvings.
  • One of Tom's favorite stocks to buy right now is Docusign Inc. (NASDAQ: DOCU) because businesses still need to get deals done during the quarantine, so they're increasingly doing so electronically.

D.R. Barton, Jr. (1:30 p.m. EDT)

  • D.R. noted that while most stocks are up today, the fact that financials and energy are both down is not a good sign for the overall health of the market going forward.
    • The negative news out of JPMorgan Chase & Co. (NYSE: JPM) and Wells Fargo & Co. (NYSE: WFC) is likely setting us up for some down days ahead.
  • D.R. still likes Microsoft Corp. (NASDAQ: MSFT), Amazon.com Inc. (NASDAQ: AMZN), and gold.

Shah Gilani (3:45 p.m. EDT)

  • None of the institutional traders Shah knows are buying this rally - in fact, they're selling now and ready to short.
  • Shah said investors should pay close attention to the new weekly jobs number to be reported Thursday morning.
  • And in the meantime, investors should be patient and be ready to sell positions and short stocks if they missed the initial down move the first time around.

Catch us tomorrow - starting LIVE again at 8:45 a.m. EDT with Chris Johnson, right here.

Got a question you want our experts to cover? Send us a note.

Follow Money Morning on Facebook and Twitter.

Join the conversation. Click here to jump to comments…

Login
guest
guest
0 Comments
Inline Feedbacks
View all comments


Latest News

June 2, 2023 • By Nick Black

Market Roundup: Digital Assets to Watch for the Weekend of June 2

June 2, 2023 • By Shah Gilani

earnings
How to Profit on a "Bankruptcy Wave" Hitting Markets Hard

June 2, 2023 • By Garrett Baldwin

Postcards: Take Gains Ahead of OPEC
Trending Stories
ABOUT MONEY MORNING

Money Morning gives you access to a team of market experts with more than 250 years of combined investing experience – for free. Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors.

QUICK LINKS
About Us COVID-19 Announcements How Money Morning Works FAQs Contact Us Search Article Archive Forgot Username/Password Archives Profit Academy Research Your Team Videos Text Messaging Terms of Use
FREE NEWSLETTERS
Total Wealth Research Power Profit Trades Profit Takeover Penny Hawk Trading Today Midday Momentum Pump Up the Close
PREMIUM SERVICES
Money Map Press Home Money Map Report Fast Fortune Club Weekly Cash Clock Night Trader Microcurrency Trader Hyperdrive Portfolio Rocket Wealth Initiative Extreme Profit Hunters Profit Revolution Quantum Data Profits Live Trading Alliance Trade The Close Inside Money Trader Expiration Trader Flashpoint Trader Darknet Hyper Momentum Trader Alpha Accelerators Weekly Profit Cycles Brutus Alerts Resource Traders Alliance

Ā© 2023 Money Morning All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning.

Address: 1125 N Charles St. | Baltimore, MD, 21201 | USA | Phone: 888.384.8339 | Disclaimer | Sitemap | Privacy Policy | Whitelist Us | Do Not Sell or Share My Personal Information

wpDiscuz