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Archives for May 2020

May 2020 - Page 2 of 13 - Money Morning - Only the News You Can Profit From

3 Best Artificial Intelligence Stocks Under $10

May 28, 2020 by Mike Stenger

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Artificial intelligence (AI) is poised to add $13 trillion to the world's GDP by 2030.

And we're bracing for impact.

AI stocks like Intel Corp. (NASDAQ: INTC) are going to explode.

But you don't have to spend $60 on Intel – or $100s on some other tech stock -if you want to take advantage of this industry.

In fact, we're going to show you a few artificial intelligence stocks under $10 today.

Read more...

Dow Jones Up Today Despite Hong Kong National Security Bill

May 28, 2020 by Garrett Baldwin

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The Dow Jones is climbing despite news that China has approved a controversial national security law that will impact Hong Kong.

The number of unemployed continues to grow since the start of the coronavirus pandemic, approaching 40 million.

Here's everything moving the Dow today...

Markets Live Recap: The S&P 500 Closes Above Its 200-Day Moving Average

May 27, 2020 by Money Morning Staff Reports

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Markets wrapped up a volatile trading day Wednesday that saw stocks rise in the morning, turn negative, then ultimately rally and close on the highs.

The big news of the day is positive for technical traders who saw the S&P 500 close above its 200-day moving average for the first time since March 4.

Here's what our experts – Chris Johnson and Shah Gilani – saw throughout the day along with some of their favorite stocks to buy and sell now.

Read more...

The 3 Best Dividend Stocks to Buy in June 2020

May 27, 2020 by Garrett Baldwin

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Investors looking for income have had few choices in recent years as interest rates have stayed close to zero.

Now, of course, to fight the COVID-19 pandemic, the Fed has lowered rates to zero, making stocks the only opportunity for yield-seeking investors.

Dividend investing is more popular than ever right now.

But not all dividend stocks are worth owning.

Today, we're separating the weak from the strong to show you only the best dividend stocks to buy in June.

Read more...

Why Crypto Assets Are About to Rocket to Higher

May 27, 2020 by David Zeiler

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There's a new theory to explain the wild price cycles of crypto assets such as Bitcoin.

It comes from venture capital firm Andreessen Horowitz and links the rise of crypto entrepreneurs to the periodic rallies in the prices of cryptocurrencies.

For investors, the theory offers a tantalizing vision of what comes next.

During the most recent cycle, many startups focused on building investment infrastructure.

Here's why that's set us up for a monster rally...

The Best Penny Stock to Buy Today Has 120% Upside

May 27, 2020 by Money Morning Staff Reports

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Stocks are kicking into overdrive this week as the economy starts to reopen, with the Dow surging 3% higher in the last two days.

And one of the best ways to juice your returns from this latest rally is with penny stocks.

To help you find those winning returns, we're bringing you one of the best penny stocks to buy today that's cashing in on the economic reopening.

In fact, this company will be more essential than ever as employers shift to remote work plans.

That gives the stock a double catalyst since you can get a pop from the reopening and get a long-term rise as earnings grow thanks to work from home trends.

Read more...

A "Treasure Hunt" Option Trade to Bank 100% as America Reopens

May 27, 2020 by Fast Profits Team

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This retail stock is thriving after reopening 1,600 stores across the U.S.

Though there's still plenty of recovery time left on the clock, this stock is only climbing higher as customers descend on brick-and-mortar locations in groves to take part in their "treasure hunt" shopping experience.

That's why Chris Johnson has put together a trade recommendation to double your money on the rising tide of business.

Check out the full details in this, the latest from Fast Profits with Money Morning...

Dow Jones Now Rallying as Airline Stocks Appear to Bounce Back

May 27, 2020 by Garrett Baldwin

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The Dow Jones now looks positive as airline stocks rally with the reopening of the economy.

The S&P 500 is on the verge of breaking higher than its 200-day moving average.

Boeing (NYSE: BA), however, is still fighting for its life.

More on this, and all else moving the Dow today, below...

How the Federal Reserve Hijacked Free Markets and Ushered In Socialism

May 27, 2020 by Shah Gilani

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The Federal Reserve's promised to be the support pillar that holds up America's capital markets.

And they've promised to hold up the economy no matter how bad things get.

Too bad the price America's paying – our way of life – is too high.

Here's the short story of how the Fed hijacked free markets and ushered in socialism – and how to win our freedom back… Full Story

Here's the short story of how the Fed hijacked free markets and ushered in socialism - and how to win our freedom back... Full Story

Markets Live Recap: Stocks Surge on Economic Reopening Optimism and a Potential COVID-19 Vaccine

May 26, 2020 by Money Morning Staff Reports

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The S&P 500 surged over 2% to start the shortened trading week after the long Memorial Day weekend.

Early investors were optimistic that economies around the nation are reopening.

And the thinking is, that should lead to more sales if consumers feel safe enough to go out and spend.

They were also optimistic that a COVID-19 vaccine could soon be discovered.

But that optimism could be short lived as a sell-off occurred at the end of trading, which saw the S&P 500 only close 1.2% higher.

Here's what our experts – Chris Johnson and Shah Gilani – thought about the early rally and late selling.

Read more...

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