Archives for June 2020

June 2020 - Page 6 of 13 - Money Morning - Only the News You Can Profit From

Best High-Yield REITs to Buy Now Pay 14%

The Dow Jones Industrial Average is up 7.8% for the month as we receive more encouraging progress on COVID-19 treatments.

The Federal Reserve has also been doing its part to shield the markets from crashing.

But that doesn't mean some segments of the real estate market haven't changed forever.

Today, we're going to show you what are still the best high-yield REITs to buy now-the ones that have kept their head above water.

Our top REIT has a yield of 14% right now...

The Best Robinhood Options Trade Today Offers 282% Upside

Last week's plunge in the stock market was certainly unnerving, especially for retail traders.

But don't worry, a few bumps in the road are to be expected, and a little volatility can be good for our options trades.

Today, we're getting right back on the same path and riding the market's positive momentum since last week even higher.

The best options trade to make today actually zeros in on an industry with especially bullish momentum.

It's a trade available to anyone with an options account, including Robinhood and WeBull traders.

Read more...

My Favorite COVID-19 "Safe Haven" Plays Are Moving This Week

American retail sales had their biggest monthly jump ever, soaring 17.7% in May and adding some "oomph" to a rather tepid stock market rally.

The jump was mostly driven by thousands of retail stores and restaurants reopening after months under lockdown.

But the thing is, the future of retail and the entire economy is very uncertain right now. Even though, after the initial "coronavirus crash" in March, investors seemed to shrug off the pandemic and all its economic destructiveness in April and May.

Since then, states have reopened their economies and people have resumed their daily lives.

And now, we're seeing some troubling signs that COVID-19 infections are surging in places like Texas, Arizona, California, and Florida.

That's provoked a psychological 180 among investors.

They're suddenly very concerned with the pandemic's progress, so much so that they sent the big indexes tumbling by high single digits last week in the biggest losses since March.

That disconnect – the contrast between a piecemeal public approach toward virus containment measures and the markets' sudden concern over new infections after months of ignoring them – is in fact a "Reality Gap" that we can leverage for big profits this week.

Here's D.R. to show you how...

Markets Live Recap: Record Retail Sales Push Stocks Higher Today

Stocks rose Tuesday on the back of a record retail sales jump in May, positive trial results from a potential COVID-19 treatment, and more economic stimulus from the Fed.

The U.S. government reported all-time increase in retail sales of 17.7% in May.

Economists were expecting a 7.7% increase.

Meanwhile, trial results announced today showed an already widely-available drug called dexamethasone can help critically ill coronavirus patients.

Combine that with the Fed's announcement yesterday that it will begin buying individual corporate bonds, and you get another market rally.

The S&P 500 was up 1.6%, the Dow up 1.7%, and the Nasdaq closed 1.5% higher on the day.

Read more...

How to Make Passive Income with Cryptocurrency

Reliable sources of passive income are hard to come by these days.

With interest rates near zero, standbys like CDs and bonds have microscopic yields.

You can do better with dividend stocks, but that means taking on more risk.

Now crypto-based companies are offering an alternative.

You can park your money in "stablecoins" that match the value of the U.S. dollar and earn interest in excess of 8% a year.

Here's how to do it...

Dow Jones Pops on Fed's Latest Venture into Bond Purchasing

Dow Jones soared today after the Federal Reserve pledged to start purchasing individual corporate bonds.

That's on top of the exchange traded funds it already plans to purchase.

The central bank said it has up to $750 billion to purchase new forms of corporate credit.

The decision yesterday reversed a significant downturn Monday afternoon.

Read more...

The Day Trading Craze of the 1990s Is Back - and It Could Sink the Market

Just when the markets looked so promising to so many investors… reality bites. Hard.

And those hard-bitten investors are freaked out.

Here in the United States, the specter of a second wave of COVID-19 infections is looming large, particularly in states that have been "reopened" for two or three weeks now.

Not only that, but renewed lockdowns are currently underway in Beijing, China, because of a new cluster of cases linked to a seafood market there in the capital. About 90,000 people in 21 communities are shut in as the city government takes "resolute and decisive measures" in "an extraordinary period."

As unsettling as that is, that's not the biggest market-crashing threat out there right now.

It's much closer to home… Full Story

It's much closer to home...

Markets Live Recap: Why Stocks Went Up Today

The Dow Jones Industrial Average was down nearly 800 points in early market trading this morning.

But stocks staged a mid-day comeback, climbing back to positive territory by the early afternoon.

The biggest news of the day came from the United States Federal Reserve.

The central bank announced it will begin purchasing individual corporate bonds, in addition to the ETFs it's already purchasing.

That fueled the Dow's rally even further as the index closed 157 points higher by the end of the trading session.

Here's what our experts – Chris Johnson and Tom Gentile – saw throughout the volatile trading session.

Read more...