Archives for July 2020

July 2020 - Page 13 of 14 - Money Morning - Only the News You Can Profit From

Chris Johnson's Best Trade Idea for Next Week Could Net Investors 90%

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Investors could become defensive if we don't get up to 3,150 and close above there for a couple days in a row.

To see when we might dip, Chris said to keep an eye on the VIX.

Right now, the VIX below 30 is a positive indicator that investors are optimistic about stocks.

But there are two key levels to watch: the VIX at 30, and then 35.

A break above both would be an indicator stocks could be ready for another correction.

Chris will update Markets Live viewers Monday at 8:45 a.m. on his next real-time broadcast.

Make sure to tune in.

And until then, Chris did give viewers this trade recommendation...

The 2 Best REITs to Buy in July (and 1 to Sell)

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Simply put, investors overreacted to fears over real estate that never materialized.

And that's creating the perfect buying opportunity right now.

Not only are these REITs underpriced, which means they will pop higher soon, but the lower price means their yields are much higher than normal.

That adds even more cash to your portfolio.

What makes July such a good time to buy is the coronavirus pushed back the real estate market's seasonal peak from the spring to late summer.

Plus, Congress is ready to pass even more stimulus measures, which will add another backstop for this lucrative market.

At current prices, the best managed and strongest commercial mortgage REITs have high yields and excellent prospects for substantial gains over the next year...

This AI Stock Play Is Already in over 300 Million Vehicles

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Only a few short years ago most people had never imagined having a digital assistant in their home to answer questions, play music, or even order products online for them.

Now, more then 200 million smart speakers have been sold with 147 million units sold globally in 2019 based on data from Strategy Analytics.

That's a 70% growth rate over 2018.

Most major tech companies sell one including, Amazon Echo, Apple HomePod and Google Home.

Truly amazing for an industry that started less than a decade ago.

Now with AI-based virtual assistants becoming more mainstream, they are moving out of the house and off the phone to a new frontier.

Your car.

And that's turning into the next tech avenue lined with profit-potential, especially for the AI stock I'm about to show you.

Read more...

Facebook Advertisers Boycott, and You Make More Money

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Social media giant Facebook Inc. is in hot water again.

This time, people are angry at the company's apparent refusal to take down hate speech, calls for violence, and other distasteful content from the network.

So far, more than 160 companies have signed up for the "Stop Hate for Profit" campaign, pledging to "pause" advertising on Facebook.

We're talking about big names like Ben & Jerry's, Coca-Cola, Hershey's, Honda, Levi Strauss, Starbucks, The North Face, Unilever, Verizon, and many more. All of these companies will not be buying Facebook ads in July, and some are going even further.

Since almost all of Facebook's $70 billion in revenue comes from advertising, this is hitting CEO and founder Mark Zuckerberg right where it hurts.

Or at least, that's what we're being told.

As the advertising boycott really took off last Friday, Facebook stock dropped 8.32%. Zuckerberg himself lost about $7 billion in wealth because of it. Stock markets as a whole went down partly because of this.

But don't believe the hype. Facebook will not only survive this scandal; it will grow even bigger.

In fact, this is a great opportunity to buy the dip. Here's why… Full Story

In fact, this is a great opportunity to buy the dip. Here's why...

The 3 Best Penny Stocks to Buy in July Have 400% Upside

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The stock market just notched its best quarter since 1987 and it has plenty of room to run higher in July.

Stocks have continued to gain despite a spike in coronavirus cases across the United States, a sign this rally is here to stay.

And you can turn this trend into cash by finding the right penny stocks to buy.

That's why we've done the research on the penny stocks with the best chance to break out higher in July.

Read more...

The Best Robinhood Options Trade Today Could Pop 100% Higher

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Stocks just had their best quarter since 1987, but the market's volatility is likely to remain high.

Uncertainty still prevails as some states see reductions in new COVID-19 cases while others see new infections soar.

The good news is that there's a way to profit this uncertainty using options.

And today we're showing you an options trade easy enough to do on a commission-free platform like Robinhood or WeBull.

This trade could double by summer's end...

Should You Invest in Canopy Growth or Green Thumb Industries?

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Canopy Growth Corp. (NYSE: CGC) is one of the most popular stocks in the marijuana industry.

The company has the largest market cap of any cannabis company in Canada.

It also has name-brand appeal through partnerships with celebrities like Seth Rogen and Drake.

But there is also plenty of competition in the cannabis industry.

And we're going to show you one of our top cannabis stocks to watch as competition begins to mount.

Read more...