Archives for June 2020

June 2020 - Page 4 of 13 - Money Morning - Only the News You Can Profit From

You Can Invest Alongside One of the Savviest Tech Players of All Time

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Lots of folks know Kevin O'Leary as the host of the long-running ABC reality show, "Shark Tank."

Go-getting entrepreneurs pitch their business ideas to O'Leary and a panel of industry "sharks" – successful heavy hitters who'll invest in ideas they like.

If you think that's cool, wait till I tell you about O'Leary's "day job."

He's a world-class tech investor with a special emphasis on web-related firms.

I'm not telling you this to impress you, impressive as it is. What you need to know is O'Leary runs an investment vehicle that anyone can use to invest in the companies he likes.

His track record speaks for itself: He's doubled the market for years on end.

Now you can, too.

This Is a Shark You'll Want to Swim With

O'Leary's interest in computing goes all the way back to 1986. That's when he started a company called SoftKey in a Toronto basement. The firm specialized in collecting educational software and distributing it on CD-ROMs.

By the early 1990s, SoftKey had become one of the biggest players in educational software. It acquired competitors such as WordStar, and in 1995, it bought The Learning Company for $606 million. That became its name until toy giant Mattel Inc. acquired it for $4.2 billion.

Shortly after, O'Leary cashed out. Nowadays, of course, CD-ROMs are practically museum pieces. Software is now downloaded from the Web, and often runs on the Cloud instead of only on the user's computer.

Which brings us to O'Leary's most recent venture… Full Story

Which brings us to O'Leary's most recent venture...

Markets Live Recap: Stocks Today Inched Higher Thanks to Apple

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Stocks traded lower to start the week as investors assessed an uptick in coronavirus cases and the pace of the economic recovery.

Shares of American Airlines Group Inc. (NASDAQ: AAL) were 6% lower after the company said it was seeing an additional $3.5 billion in new financing to improve the airlines liquidity as it grapples with travel restrictions caused by the coronavirus.

Apple Inc. (NASDAQ: AAPL) dropped over the weekend after the company announced plans to shut down stores in Florida, North Carolina, South Carolina, and Arizona upon rising levels of COVID-19 in these states. But after announcing it would ditch Intel Corp. (NASDAQ: INTC) to produce its own chips, the stock rallied 2.25% today and lead markets higher.

The S&P 500 finished the day 0.5% higher, the Dow 0.4% higher, and the Nasdaq 0.9% higher.

Here's what our experts - Chris Johnson and Tom Gentile - saw throughout the day, including some of their favorite stocks to trade now...

The Best Robinhood Options Trade Now Could Nearly Double Your Money

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If you've tried your hand at options trading and it didn't work out, I bet it went something like this: You picked the stock, bought an option, and even though the stock in your direction, you didn't make much money.

While options trading offers incredible upside, it can be a bit more complicated than getting the stock direction right. But you don't have to worry anymore. Finding options trades that will make you money is our job here at Money Morning, and we have a team of some of the best options trading experts in the world here to help.

And to help you get going in the right direction, we're bring you one of their hand-picked trades. It's simple enough to execute on free platforms like Robinhood and WeBull with all the profitable punch you need. In fact, you could be looking at 80% gains by July.

Read more here...

3 High-Yield Dividend Stocks to Protect Your Money No Matter What Happens Next

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Investors know adding high-yield dividend stocks to their portfolio is a great way to keep cash rolling in when the markets are volatile.

The problem is that the COVID-19 pandemic has hammered so many industries that finding companies with sustained dividends is difficult. A lot of formerly safe income sectors like banks, chemicals, REITs and oil and gas MLP's face the potential for dividend cuts if we get a second wave of the coronavirus.

But there is one sector of the economy that should hold up even if we see further economic damage.

In fact, these companies are likely to see an increase in business if we see financial stress reappear anytime soon.

And that's helping them turn into cash machines even as markets move up and down...

Why the "Amazon of Latin America" Is One of the Best Stocks You Can Buy Now

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Amazon.com Inc (NASDAQ: AMZN) and online shopping have become synonymous at this point.

With 12 million products ranging from groceries, media services, toys and almost any kind of electronics you could imagine, there is almost no need to shop anywhere else.

Consumer surveys run by eMarketer have even shown that nearly half of U.S. Internet users started product search on Amazon, beating out Google for the number one spot.

But that's just the United States.

That is why I am so exciting about MercadoLibre (NASDAQ: MELI), a company that people are calling the Amazon of Latin America (LATAM).

Options 101: How to Make Money Trading Options on Robinhood

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Robinhood has been in the news crosshairs over the last few weeks. It's commission free trading and easy access to options trading has made it the go-to home of new traders.

And some pundits are now complaining that these traders are distorting the market.

We believe that's nothing more than sour grapes from Wall Street, who missed the supercharged rally since stocks bottomed in March.

But we also don't want Robinhood traders to miss out on serious gains or take on too much risk, either.

In fact, we're here to help you take your trading to the next level.

A Tech Insider's Pick to Play This "Must Own" Slice of the Future

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As a true tech-sector insider, our Michael Robinson has personal interest in and involvement with the robotics field.

That means he pays careful attention to the latest technological advances – as well as the mergers and financing deals that make it all possible.

Michael understands that mergers are one way for a startup with promising technologies to get access to the cash, know-how, and other resources needed to grow – not to mention that these deals allow the original investors to reap the benefits of their efforts.

And funding deals not only help startups with growth, but they also serve as a "stamp of approval" encouraging other financiers to invest.

Today, Michael's going to tell you what the latest deals mean, as well as show you a great way to cash in on the powerful robotics trend – starting right now.

It's one of the greatest wealth opportunities I see today...

Hertz's Bankruptcy "Stunt" Was Canceled... but It Could Still Catch On

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Three weeks ago, Hertz declared bankruptcy due to a COVID-19-driven demand collapse for travel and car rentals and about a $24 billion debt. Now as a trade, there could be some possibilities with HTZ shares if you like risk, but as a "buy" proposition, this is not a stock you want to get close to. Yet over the past few weeks, investors sensing a bargain chased it from $0.56 to a high of $5.53 – more than 887% – despite it being a zombie stock. Sometimes speculators can make money moving in and out of zombie stocks, but it's very dicey, and someone has to lose out. The New York Stock Exchange served Hertz with a de-listing notice, which the company is appealing, and until something decisive happens, speculators will do what speculators do. But there's a very unusual idea being floated that's not only likely to slaughter folks searching for some kind of value that HTZ simply doesn't have, but that could fundamentally alter the way American businesses enter and exit bankruptcy…

But there's a very unusual idea being floated that's not only likely to slaughter folks searching for some kind of value that HTZ simply doesn't have, but that could fundamentally alter the way American businesses enter and exit bankruptcy...

How to Bank Instant Cash and Build Real Wealth in Today's Market

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The market has been in an absolute whirlwind for the past three months.

And all this volatility is creating a real wealth-building opportunity.

You see, when it comes to making money in the market, the long-term buy-and-hold method can't compare to the sheer profit speed of trading options.

But the quickest option-trading strategy of all is selling puts.

It hands you an instant cash payout the second you place the trade – and gives you the chance to own the stock at a deep discount, building permanent generational wealth.

And as a result, it requires different steps when it comes to placing your trades.

The biggest difference between selling puts and buying straight options is margin.

See, when you're buying long calls, puts, or even straight stocks, you typically need a cash account.

This means that you put up 100% of the money for the trade.

But when you're selling puts, you'll likely need a margin account.

And that's exactly what Tom wants to talk to you about today, so you know exactly how trading on margin can make you money...