by David Zeiler
A lot of people both in and out of crypto have been asking "what is DeFi?" lately.
It's a portmanteau of the term "decentralized finance" and has taken the crypto world by storm.
In a nutshell, DeFi uses code and blockchain tech to eliminate the middleman – namely, banks – from financial transactions.
But it's caught on because a lot of investors are making a ton of money with it.
Oh - and it could revolutionize finance as we know it...
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Markets are noisy again this week.
With momentum teetering between positive and negative, many investors are looking for a place to hide.
The challenge is discovering which stocks are safe right now.
Far too many people are willing to leave the search for safe stocks up to the court of popular opinion.
Analysts are pushing investors into the big blue chips like FANMAG because they "feel" safe.
These firms produce popular products that are always in demand.
be true – I crunched some numbers and came up with a set of characteristics that define safe stocks.
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The Dow Jones today is down with investors piling out of Facebook (NASDAQ: FB), Amazon.com (NASDAQ: AMZN), Alphabet (NASDAQ: GOOGL), Netflix (NASDAQ: NFLX) and Microsoft (NASDAQ: MSFT).
All five of these stocks are now off at least 11% since the beginning of the month.
With a perilous election season approaching, we may not have seen the worst of this sell off.
More below on this story, and others moving the Dow today.
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Tech stocks have been the most celebrated of this pandemic year.
It's been tech that's kept us connected to friends, family, and colleagues. It's kept some of us working, and it's helped some of us find work. Tech has kept us clothed and fed.
I'd go so far as to say modern tech has been the glue that's helped hold the country together since March.
Ultimately, it'll be technology that gets us a vaccine or therapy in record time, which in turn gets the economy out of this mess and on track to a full recovery.
In that sense, it's really a no-brainer that the tech-centric Nasdaq Composite has been outperforming this year, despite the economy. It took the Nasdaq 20 years to double from 5,000 to 10,000. But it was the first index to reach record highs after the March crash, shooting as high as 75% since then.
For a $10 trillion index to turn in that performance in a year – after a crash… Well, that's when you know it's got the "secret sauce."
That's why it was so jarring to uncover – let's call it – the "Nasdaq's dirty secret." I found it when I was looking at some charts, researching some recommendations for my paid subscribers.
And no, I'm not talking about the current correction underway.
It turns out, there are a few skeletons in this closet. Skeletons that could jolt some unprepared investors.
But for us, it adds up to some choice profit opportunities… Full Story
But for us, it adds up to some choice profit opportunities...
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Tech stocks have been the superstars of the market in 2020.
Two of the leading cloud and data management stocks appear to have incredible long-term opportunities.
Both have already had huge gains in 2020, but the outlook shows massive gains for the years ahead as well.
Today, we're looking for the better buy: Snowflake (NASDAQ: SNOW) or Fastly (NASDAQ: FAST).
by Mike Stenger
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Microsoft Corp. (NASDAQ: MSFT) on Monday announced possibly its biggest news in years.
The company is paying $7.5 billion to acquire the parent company of Bethesda Softworks, ZeniMax.
Bethesda is a world-renown game developer responsible for series like "Elder Scrolls" and "Fallout."
Microsoft stock has popped about 4% since Monday, when the acquisition was first announced.
It could have been a decent blip in the broader tech world.
But was an absolute earthquake in the gaming industry.
Here's the latest Microsoft stock forecast in light of recent events.
by Mike Stenger
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Another promising software company just went public today (Sept.
23).
The Bentley Systems stock price jumped 41% after its IPO.
Bentley Systems shares climbed as high as $31 from its pre-IPO range of $19-21 per share.
That range was already an upgrade from yesterday's $17-19 per share.
The company raised $236.5 million with its IPO.
Today, we're going to talk about what makes Bentley Systems unique, and whether it's a buy or not moving forward.
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Electric truck-maker Nikola Corp.
(NASDAQ: NKLA) has been one of the wildest stocks of 2020.
The company went public in a reverse merger on June 4 at $34 per share and jolted 176.5% higher to $94 just three trading days later.
Since then, NKLA has experienced a significant drop and sits near $27 per share today.
But that doesn't mean we can't make money on it… You see, Nikola's volatility is actually a good thing if you want to make fast money trading options.
So today, we're going to show you how to make money with options from the fall of NKLA stock using a strategy known as a "put spread" that Money Morning's own Andrew Keene just revealed.
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As the markets struggle to recover from a Big Tech sell-off on alternative energy stock is already climbing skyward, flashing signs of a long-term bullish trend.
That's why pro-trader Chris Johnson says this stock is a prime "buy-the-dip" opportunity today.
Click here to check it out in this, the latest from Fast Profits...
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Although we have all loved the runup off the March lows, the decline's memory is still with us.
That gut-wrenching 34% rapid decline was painful, and more than a little scary.
And after reaching an all-time high in early September, the Dow has been on a roller coaster.
The index is down 6% since then, including a 500-point loss on Monday.
You can expect that sort of volatility to continue with the election coming up and the coronavirus still weakening the economy.
Now is an excellent time to look at your portfolio and clear out any deadwood that could turn into a disaster if the selling gets worse in the fourth quarter of 2020.
That's why I'm giving you my top three stocks to sell right now.
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