Archives for October 2020

October 2020 - Page 8 of 10 - Money Morning - Only the News You Can Profit From

Dow Jones Today Rips Higher on Stimulus Hopes

The Dow Jones today is up as investors continue to cheer about the potential stimulus from Congress.

Airline stocks led the way thanks to increased optimism that Congress will extend a $25 billion lifeline.

Around the globe, about 40 airlines have gone under this year, and D.C.

leaders are hoping that such failures won't pick up here in the United States.

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Best Options Trade If Biden Wins the Election

Even if you don't care much for politics, investors should pay attention to what is happening now ahead of the election.

It's fueling our best options trade today.

Former Vice President Joe Biden's lead in the polls expanded after a rocky debate and President Trump's COVID-19 diagnosis.

While polls are to be taken with a grain of salt, they can give you a rough map of your trading strategy for next year.

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How to “Fix” a Trade That’s Moving Against You

Let's be honest: We've all broken something, whether it's a favorite coffee mug, a bicycle, a window, a computer, a car, a toy – anything.

Me? I'm usually inclined to try to fix whatever it is before I throw in the towel and replace it.

What a lot of folks don't realize is that trading stocks is the same way.

Now, sometimes there's no fixing it, and you've got to close out a position with a loss. It helps me to think of it as paying for a lesson.

But more often, you can quickly fix that trade and walk off with profit in your pocket – and, of course, the satisfaction of a job well done.

Here's how… Full Story

Here's how...

What to Do with Your Stocks Ahead of the 2020 Election

What is the stock market going to do after the election? That’s the question everybody wants to discuss right now.

If Joe Biden wins do, will we see a crash as some have predicted? If President Trump wins again, does the rally continue based on his pro-business positions and proposals for tax cuts and negative interest rates? There are several factors to consider when talking about the election and the stock market.

And I’ll break it all down for you in this article.

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This Luxury Retail Options Trade Could Double Your Money over the Holiday Season

It's no secret, online shopping was already becoming the norm, outmoding brick-and-mortar setups everywhere.

But with a second wave of COVID-19 on our doorstep and the holidays around the corner, e-commerce is about to run the retail universe.

And for this high-end fashion stock, this could mean a money-doubling payday by New Years…

Click here to check it out in this, the latest from "Fast Profits with Money Morning"...

My 3 Best Dividend Stocks to Buy in October

Investing for income is difficult today and probably going to get a lot tougher over the next three years… Wall Street will throw all kinds of crazy ideas at you that will allegedly raise your income level.

These products will raise someone's income level, but I suspect it will not be yours.

Millions of Americans will be looking for income as rates stay lower longer than anyone had thought possible.

In a recent press conference Federal Reserve Chairman, Jerome Powell, has said that rates will remain low until at least 2023, if not longer.

Inevitably, income-producing assets will be become bid up to excessive valuations.

Income investing will be difficult and frustrating beyond belief for most investors.

But there is hope if you follow the simple rules I'm going to outline for you today…

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Amazon Stock Price Prediction for 2021

Amazon.com Inc.

(NASDAQ: AMZN) is one of the most coveted, expensive tech stocks to buy now.

It's up 501% over the last five years.

Money Morning's Michael Robinson predicted Amazon stock would hit $3,000 in 2020.

It broke right through that.

Likewise, you don't need a crystal ball to give an Amazon stock price prediction for 2021.

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TV Is Dead, Long Live Connected TV (Part 3): Digital First TV

Streaming services have experienced rapid growth in adoption over the last 5 years.

And while almost 80% of U.S.

households have some form of device for streaming video and subscribe to a streaming service, many of them still pay for access to cable.

A big part of this is that sports and news content have been a key driver for cable operators.

Most streaming subscription services have chosen to focus only on entertainment offerings.

While traditional TV has suffered at the hands of newer services like Netflix, Hulu and HBO, some people will never stop watching TV in that fashion.

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Dow Jones Today Rises on Calls for $25 Billion Airline Bailout

The Dow Jones today could see gains after President Trump called for $25 billion in emergency funding for the airline industry.

Trump’s latest push for stimulus came just hours after he said that he had called off stimulus talks until “after the election.” The President’s statement also comes shortly after Fed Chair Jerome Powell urged Congress to take action.

More on everything moving the Dow today, below.

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