Archives for May 2020

May 2020 - Page 12 of 13 - Money Morning - Only the News You Can Profit From

Markets Live Recap: All 3 Major Indexes Squeaked Out Gains Today

by

Over the weekend, Warren Buffett held his annual Berkshire Hathaway Inc. (NYSE: BRK.A) shareholders meeting.

He revealed that the company liquidated all of its airline holdings and said it is possible for some stocks to take 10 or 20 years to recover back to all-time highs they made in the past year.

Despite that grim prediction, the markets eked out gains.

The S&P 500 started the day down about 1% in early morning trading. But they rallied throughout the day and closed 0.4% higher.
Tech stocks saw the biggest bids as the Nasdaq closed 1.2% higher.

Here's how our experts - Chris Johnson, Tom Gentile, D.R. Barton, Jr., and Shah Gilani - think investors should be positioning themselves today.

3 Best Penny Stocks to Buy in May 2020

by

The Dow Jones finished April with its strongest month since 1987 as investors poured capital into beaten-down stocks.

At Money Morning, one thing we've been focusing on is penny stocks – shares that you can buy for under $5.00 that are poised to breakout in the coming month.

Just two weeks ago, we outlined three penny stocks that have outperformed the market.

On April 19, we laid out three different penny stocks for April.

Since those recommendations, we've seen solid gains.

We're tapping into several penny stocks that are poised to breakout this month.

Here are the three best penny stocks to buy in May 2020...

This Robinhood Options Trade Could Nearly Triple as the Economy Reopens

by

We've been talking a lot lately about how trading options can be a great part of an investment strategy – and for good reason! Their low prices compared to the stocks they control make them ideal for keeping risk down while still offering the potential for outsized percentage gains.

And now, with simple-to-use and commission-free platforms like Robinhood, getting started has never been easier.

Today we're bringing you a Robinhood options trade to profit off of the economy's summer reopening.

Not every company will benefit, but this one will and the trade could add 150% gains to your wallet...

This Backdoor Play on Amazon's Tremendous Growth Will Pay You Every Quarter

by

While the market has made quite an amazing rally over the last few weeks, we are not out of the woods yet.

But regardless of where the market goes from here, there is one type of business I can always count on: e-commerce.

And that's especially true in today's world.

In short, e-commerce is saving the day and giving people the ability to stay in their homes.

This is why I am looking to invest in this unstoppable trend with this backdoor play...

The COVID-19 "Meat Shortage" Is a Corporate Cash Grab; Here's How to Play It

by

I recently shared a mobile phone snap with my Straight-Up Profits readers. I was on a shopping trip here in my home state of Delaware…

At the time, I said there would be no food shortages, but that we'd probably have to settle for different food in different packaging – maybe less processed, maybe of a different variety.

Since then, the headlines about and statements from the food industry have only gotten worse.

Lisa Lochridge, director of public affairs for the Florida Fruit and Vegetable Association, says the food supply chain is in "a disastrous situation." And in an ad – a full page, no less, this past Sunday in The Washington Post, The New York Times, and The Arkansas Democrat-Gazette, John Tyson, the board chairman of meat processor Tyson Foods, warns "the food supply chain is breaking."

And the statistics look scary, too. About 33% of U.S. pork processing capacity is down right now, and Tyson just closed its first large poultry plant.

"World's Biggest Wheat Supply Dries Up When Some Want It Most," declares a recent Bloomberg News headline.

Friends and even family are reaching out to me, worried about a pending food shortage. Who wouldn't be after seeing these headlines?

Well, I'm not – and you don't have to be, either. Because this situation is a classic Reality Gap – and another COVID-19 myth that needs handling.

Not only are we not about to run out of food, but there's a very profitable setup unfolding that could put a little extra something on your family table… Full Story

Not only are we not about to run out of food, but there's a very profitable setup unfolding that could put a little extra something on your family table...

How I Discovered the “Secret Stock Market” Where Billions Change Hands Behind Our Backs

by

Today, our D.R. Barton, Jr., is sharing a big secret with you.

You see, there's another stock market – a secret stock market, if you will – made up of 53 private exchanges where 42% of all stock transactions worth billions take place.

As an everyday American, you can't access these exchanges on your own.

You can't trade stocks on them, either.

In fact, very few people can.

Well, D.R. has found a way in and he's going to show you how everyday folks can have the chance to take back their wealth with an advantage previously reserved solely for Wall Street's elite...

How to Follow a Stock's Price Trend into More Winning Trades

by

A lot of you might be trading more than ever before. Some even for the first time. I'm thrilled to be here to help you through it.

One of the most important trading tips to know first is that when purchasing stocks or stock options, there's one foolproof way to make sure you're getting into a winning trade every single time…

Predicting the future.

Of course, that's impossible to do with 100% accuracy – but I have the next best thing to a crystal ball. It's simple, easy to understand, and removes all the guesswork from trading.

And the "crystal ball" I use is something you all can access, too…

The best way to predict stock movements is by using historic patterns and technical analysis – which go hand in hand. These technical indicators use math, time, and price to uncover stocks' patterns.

But there are two very revealing indicators I track on a stock's price chart that are the tried-and-true best ways to find lucrative trades.

When you know how to read them, it's your single best way to get a peek into the future of a stock's price and trade accordingly… Full Story

When you know how to read them, it's your single best way to get a peek into the future of a stock's price and trade accordingly...

Markets Live Recap: Why Stocks Cratered to End the Week

by

Stocks fell to close the week after Amazon and Apple's earnings reports yesterday.

With most of the economy closed, there's not a lot of optimism among investors that next week's earnings reports will be able to drive the market higher.

And to add to that, there are rumblings that the U.S. may impose more tariffs on China.

The Dow fell 622 points, or about 2.5% to close the day.

Read more...

"Contango" Is Helping This High-Yield Dividend Stock Pay 17%

by

Oil prices took a historic plunge this year.

At one point, they even went negative.

Investors lost their minds.

But would you believe this unprecedented crisis can actually be good for some oil companies?

Crude has plunged 46%, from above $60 to near $15.

That's accompanied a huge selloff in top oil stocks like Royal Dutch Shell Plc (NYSE: RDS.A).

The company has lost about 44% since the beginning of the year.

But that does not mean it's time to ignore oil.

You just have to shift your strategy a bit.

Today, we're going to show you a dividend stock that actually benefits from plummeting oil prices.

Read more...