Archives for July 2020

July 2020 - Page 2 of 14 - Money Morning - Only the News You Can Profit From

Bitcoin Is Over $10,000 Again, Here's Where It's Heading Next

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Over the weekend, Bitcoin breached the $10,000 level again for the fourth time in its short existence.

The rally comes off news that European Union leaders agreed to a $2 trillion stimulus package to help offset damages caused by COVID-19.

And the U.S. federal government is currently in the process of finalizing the HEALS Act – which is expected to add another $1 trillion (or more) to the U.S. economy.

While that may help companies and individuals in the short term, there could be some long-term negative impacts to the unprecedented (and arguably excessive) fiat money printing we're currently witnessing.

Read more...

The Top Penny Stocks to Buy Now Can Explode 500% Higher

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There is a phenomenal amount of money to be made investing in penny stocks, but it takes a bit of know-how.

The trick is to avoid the dead and dying, sidestep the overhyped fraudsters, and find real companies with real growth potential.

We want to look for companies that can turn into high-growth superstars, not penny stocks trending on social media.

One of the best ways to find the best penny stocks is to look for companies that have fallen to low levels because of sector or economic weakness.

They are all real businesses with real potential for massive returns, and we've got three right here...

One of the Best REITs in 2020 Is Thriving in the New Economy

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Real estate investments have been one of the biggest victims of the pandemic.

With the unemployment rate over 11%, renters are struggling to pay rent and others are fleeing high-priced living in major cities.

But one real estate market is thriving: timber.

And the easiest way to get a cut of this booming sector is our best REIT to buy today.

Read more...

These Three Stocks Let You Cash In on the Looming “Short-Squeeze Market”

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Until Barry ("Asterisk") Bonds leapfrogged him 13 years ago, Henry Aaron had been Major League Baseball's all-time homerun king for more than three decades.

Yet, in one of those cool ironies of life, "Hammerin' Hank" always said that the "triple was the most exciting play in baseball."

Let me tell you: I get what "Oh Henry" was saying – the triple is edge-of-your-bleacher-seat exciting. A player drives the ball into the outfield, and it skitters past the fielders and rolls to the wall. Then the player sprints around the bases and slides into third in a cloud of dust – hoping to beat the throw that's intended to gun him down.

With MLB's return last week, I caught a couple of Cincinnati Reds games. And I realized that there's a stock-market equivalent to the baseball triple.

You see, the most exciting play in investing is the "short squeeze."

That's what happens when an investing pro tries to beat the bullish "shift" in today's market by betting against a particular stock. And because the loss on that kind of a bearish bet during a bullish rally is potentially unlimited, the pro has to "cover" by purchasing the shares in the open market.

When a whole bunch of bearish pros on a particular stock have to cover all at once – meaning they're elbowing one another and stampeding through the narrowest of doorways and grabbing shares at every and any price – that stock goes vertical like a ballistic missile.

That's the "short squeeze."

And there's nothing more exciting than having that happen to a stock you already own.

Well, almost nothing.

You see, we're on the verge of the absolute-most-exciting play in all of investing: It's something I refer to as an entire "short-squeeze market."

We're talking about a nearly vertical ascent to the bull market's peak.

It's in the on-deck circle. It's about to happen.

And here today, in the spirit of that excitement, we've created a "triple opportunity" – three "short-squeeze market" stocks that will let you cash in… Full Story

And here today, in the spirit of that excitement, we've created a "triple opportunity" - three "short-squeeze market" stocks that will let you cash in... Full Story

What Matters as the 3 Most Valuable Companies Race to $2 Trillion

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It was in August of 2018 that Apple Inc. became the first trillion-dollar company in the U.S.

Just two years later, we have four trillion-dollar companies.

Amazon, Microsoft, and Alphabet all followed Apple into the trillion-dollar club.

And now three of the four (minus Alphabet) most valuable companies are more than halfway to the next milestone: $2 trillion.

Here's why each has a shot at getting there first - and what all this means for investors...