We've been waiting for Wall Street to latch onto electric vehicle stocks.
And that moment seems to have arrived.
Tesla Inc. (NASDAQ: TSLA) is up 84% in the last month.
Workhorse Group Inc. (NASDAQ: WKHS) is up 275%.
Another top EV stock is up 133%.
But we're going to show how you can still profit from this stock using our best Robinhood options trade this week.
That's even if it pulls back.
by David Zeiler
While Bitcoin hasn't made any major moves higher since the early part of the year, Bitcoin price predictions foresee massive gains over the next few years.
Even near-term forecasts see the price going as high as $50,000.
Several key factors are coming together now – laying the foundation for the huge increases these experts see coming in just a few short years.
That means these sky-high Bitcoin forecasts are not as crazy as they sound...
The NASDAQ continues to surge in July – up more than 10% so far.
Major indices don't seem to be hurting from the latest update in COVID-19 cases – and news that corporate profits fell 44% in Q2.
The only constant in life is change. That goes double for markets: Investing, just like everything else, evolves.
The latest evolution has, for some folks, turned investing into something like a video game…
Armed with a smart phone and their trading app, tons of new investors are taking the markets by storm. No kidding – it's not a bit unusual these days for friends of mine to whip out their phones and buy shares of stocks that they've never heard from outside of a mention on Twitter, or some other 24/7 social media feed.
I hate to say, "When I was your age," but when I was growing up, investors would thoroughly research the fundamentals and technicals of a stock before moving hard-earned money into it. More recently, they'd at least plug the ticker into a search engine to get some insight to what they're buying.
Nowadays, though, it seems that if "RealK1ttyL0ver77" posts on their Twitter account to buy shares of "Kitten Mittens Holdings Ltd." because they're "real dope," people buy big, and before you know it, Kitten Mittens jumps 700%.
It's all about what the crowd is doing, and that has major downside.
A real-life example would be Hertz Global. Investors, who looked at a sub-$1 stock and saw a bargain, piled in by the busload. The stock rallied 700% even as its (inept) management team was dotting the i's and crossing the t's on the bankruptcy filing!
Sometimes there are real bargains… and sometimes cheap is cheap for a good reason – but that's a truism that seems to have been forgotten for the moment.
Now, don't get me wrong: I'm not knocking new trading apps or their new legions of users. I think it's fantastic that a new generation of investors – who, you could argue, have been clobbered by both the 2008 financial and the 2020 coronavirus crashes – are accessing the massive opportunities the markets provide.
More investors in the market means that there is the opportunity for more robust, fairer pricing.
More dynamic markets also means that more ideas are going to flow through the daily narrative. Simply put, crowdsharing of investment ideas means that you're more, not less, likely to find an investment that fits your risk and objective profile.
I'm a hardcore optimist. I've found ways to harness this huge momentum shift for everyone reading today, whether you're a new investor or an old hand.
You're going to be able to make better decisions on platforms like Robinhood and learn how to leverage the crowd's activity on there for maximum profits… Full Story
The United States loves its banks.
We have thousands, compared to just six in Canada… but now, we don't need them all – and they're having trouble maintaining profitability.
by Neil Patel
If the world's largest corporations don't take action soon, they risk dying out altogether.
It all has to do with one thing: innovation.
The Fortune 500 list was first published in 1955 by Fortune Magazine. Since then, 88% of the list's original companies no longer exist, having merged, gone bankrupt, or fallen from the ranks, according to the American Enterprise Institute.
The list has seen near constant turnover since its founding, with brick-and-mortar companies like Armstrong Rubber, Pacific Vegetable Oil, and Riegel Textile being replaced by tech-focused companies like Facebook, Microsoft, and eBay.
In fact, Forbes Magazine reports that only 50 years ago, the average Fortune 500 life expectancy for a company was 75 years. But today, it's only 15 years… and it's getting shorter.
This tells us a few things:
It may sound like a brutal ecosystem… but a dynamic market is a good thing… Full Story
It may sound like a brutal ecosystem... but a dynamic market is a good thing... Full Story
It was the first cannabis company in Florida.
And just last week, it celebrated the opening of its 51st dispensary in the Sunshine State.
It was the first to be able to deliver to its customers at scale.
It's licensed to open more storefronts than any other cannabis company is legally allowed to operate.
That's just scratching the surface of how profitable this company can be.
Its unparalleled growth continues to separate it even further from its competitors – making it an impressive case study in how cannabis companies can achieve total market domination.
Right now, this company is securing its status as the leader in one of the biggest medical markets in the country.
And at $13 a share, it's an absolute bargain right now...
It doesn't matter who wins the election in November when it comes to the trend I'm showing you today.
Because both candidates will appeal to this "Buy American" idea, and both will encourage investment there.
That means buying into it now can be very lucrative for you...
The Dow Jones Industrial Average faces pressure after a wild trading session on Thursday.
Ongoing worries about COVID-19 and the possibility of a continuation of rising cases continue to rattle investor sentiment.
Meanwhile, mortgage rates are taking a dive as well.
Analysts are concerned about economic recovery.
Read for more on everything moving the Dow today.
by Tom Gentile
Netflix, Amazon, Facebook, Google – they're most people's go-to stocks right now. They're the biggest in the world. And they have one major thing in common…
They're expensive.
GOOGL is currently trading around $1,500 per share, and AMZN is sitting at $3,100.
For most traders, it's just not worth it to buy shares for more than $1,000 each just to see gains of 10%, 15%, or 20%.
That's why I like to make money on these highfliers with a different tactic. It's one that costs only pennies on the dollar, and it comes with a chance to double my money. That's right – the payout is much bigger, and it arrives much faster.
See, instead of buying these stocks, I rent them. And today, I'm going to show you how to do just that with one of the crown jewels of the car industry – and by crown jewel, I mean a serious profit player.
I'm talking about Tesla. TSLA shot up 42% in the past two weeks alone, to around $1,400 a share. And with these four strategies for playing this lucrative stock, you'll get the chance to pocket some of that serious profit… Full Story
