by Mike Stenger
One of the best penny stocks today has been called the "Tesla of Penny Stocks."
Ideanomics, Inc. (NASDAQ: IDEX) popped 438% since May 29.
That made IDEX one of the top gainers in May.
But a money-doubling trend says another stock could be our best penny stock to buy in June...
by Mike Stenger
By now you're well aware of how volatile stocks have been this year. No one foresaw a 35% drop in the Dow Jones from January 1 to March 23, or the breakneck rally since then.
Now, three months out from mid-March stocks are still climbing. In fact, the Dow is up 41% from its low. When you look at the graph, it looks almost like that "V-shaped recovery" we've all secretly been longing for.
If you folks have been following along, you'll know that I've recently started offering a free new service called Profit Pregame, where every morning Monday through Friday, I've been delivering an easy-to-digest rundown of the market, answering the three simple questions:
What's happening?
Where's the money?
How can I get some?
Today, I want to aim these three questions toward the housing market's unexpected comeback. I'll break down how you can profit from this sector's surprising stability…
What's Happening?
Despite the impact of coronavirus, Americans are still ready and willing to buy a new home or fix up their current one.
To no one's surprise, the housing market experienced a sharp decline at the beginning of the pandemic…
In fact, in April, pending home sales reached their lowest point in nearly two years.
However, as restrictions begin to lift and more Americans go back to work, an influx of buyers and sellers are coming back to the market. And this rapid return is beginning to form what could be a "V-shaped" recovery.
Over the past few weeks alone, purchases have been skyrocketing. And we're seeing 13% more than at this same time last year.
Listed homes are also typically under contract within 30 days, which indicates that the market is moving fast.
That leads us to where the money is here...
by Mike Stenger
Technology is a special case in the COVID-19 pandemic.
While the markets tanked more than 30%, some tech stocks blew up.
Some of these are still the best tech stocks for June 2020.
We'll go over those today.
by Don Yocham
Legalization of cannabis at the federal level will happen.
And when it does, the money flowing into this sector will be historic – inflows we haven't seen in decades.
That's not the only attraction.
At a time when many industries and businesses have had to shutter locations or close up indefinitely, cannabis businesses have been growing.
It's one of the few industries adding jobs at a time when unemployment has soared to tens of millions more being out of work.
We've been telling you about cannabis for awhile, and the timing is tricky.
But the last domino is about to fall - take a look...
The Dow Jones today is falling after the latest round of jobless claims and a swell of new COVID-19 cases around the nation.
Airline stocks and retail stocks fueled Thursday's downturn.
Markets are also reacting to a recent breakout of coronavirus in Beijing, the capital of China.
The Chinese government said that it has contained the spread over the last few days.
Five years ago, my parents decided that they also wanted to start investing into some of the top startups in Silicon Valley. They were beginners, and needless to say, I had plenty of advice to share.
Since then, they've been investing alongside me. So far, they have had quite a good run.
If early indicators are to be believed, their portfolio will outperform 90% of professional venture capitalists – and with a little luck, may even land them into the coveted top 5% of professional investor territory.
That's not bad considering my mom (a nurse) and my father (an engineer) spend less than two hours a week on their investments…
These three tips are what I've hammered into my parents since day one. They didn't just help my parents achieve great returns as angel investors; they showed them how to do so in a predictable manner.
These rules are the same ones I wish someone had shared with me when I was starting out.
Of course, I'm no longer a beginner, but I revisit these rules every single week and consider them as I make any new investment. And I shared one of the most important ones with you just last week.
Continuing to follow these tips has allowed me to separate the winning investments from the duds. Today I'm sharing them with you… Full Story
Markets were volatile today as the Dow struggled to rally for the fourth day in a row, ultimately falling short.
But our experts are unfazed.
The Fed's latest push is giving this market real momentum, and it's fueling moneymaking opportunities left and right.
We've got 10 trading opportunities laid out for you below.
Chris Johnson and Andrew Keene unveiled these opportunities live today as they were tracking markets in real time.
Here's what our experts – Chris Johnson and Andrew Keene – thought about today's markets, and make sure to tune in to Markets Live tomorrow for even more actionable insight.
The real estate market is surging with opportunity as America continue to reopen for business, and this option play could you cash in on the pent up demand.
Since our last play in this market, our readers have locked in 256% gains, and climbing.
Now we're playing one of the most beloved names in this sector.
Get the full details in this latest from "Fast Profits with Money Morning"...
by Mike Stenger
The Dow Jones Industrial Average is up more than 500 points after the Federal Reserve said it would start buying individual corporate bonds in addition to the exchange-traded funds it already buys.
The added stimulus for the markets could be a 190% catalyst for our best penny stock to buy.
