Archives for January 2021

January 2021 - Page 5 of 7 - Money Morning - Only the News You Can Profit From

Why the Recent Bitcoin Crash Won't Stop It from Hitting $100,000

For most, it's hard to believe Bitcoin dropped $10,000 in 24 hours from Sunday into Monday.

But that's how this works.

Bitcoin's volatility is a feature, not a bug.

It's designed to transfer money from weak hands to strong ones.

The $10,000 drop makes for great headlines, but there is absolutely nothing abnormal about this 24% Bitcoin crash.

The reality is, this is a mild correction by Bitcoin standards and actually sets the world's first global decentralized cryptocurrency up for a more sustainable rise.

Here's why...

How to Turn This Bitcoin Volatility into Big Profits

So… it's been a heck of a week, right? And I'm not necessarily talking about what happened in D.C.

Bitcoin just went through what might be its most dramatic week in years, maybe the most dramatic ever.

Now, Bitcoin is famous for volatility and drama, but the past couple of days have seen volatility on a whole other level.

In less than seven days, we've seen the digital currency move from the low $30,000s to come within striking distance of $42,000… and back down to the low $30,000 before stabilizing in the $34,000 range. Talk about a roller coaster.

That leaves us with two big questions…

  1. What's causing these violent price movements?
  2. Where could Bitcoin go from here?

Knowing the answers to those questions is the key to cashing in right now, and as I'll show you in a second, it's all here in these charts. Let's jump in… Full Story

Knowing the answers to those questions is the key to cashing in right now, and as I'll show you in a second, it's all here in these charts. Let's jump in...

How You Can Own "FAANG 2.0" with One $35 Stock

"The FAANGs" have been a convenient shorthand for the mega-cap Nasdaq tech firms that have led the markets higher since the middle of the last decade. In 2020, at a time when markets desperately needed a leader, they were there.

But from a technical perspective, the FAANGs are starting to show a little long-term fatigue in the charts.

And then there's the elephant in the room: Everyone points to the FAANGs as a reason to be in the market – and they are great stocks – but if you wanted to buy 100 shares of each of these stocks, you'd have to fork over nearly $687,000 (the price of a nice house in many parts of the country).

Fortunately, the next group of market leaders is out there right now, going more or less under everyone's radar.

I'm not sure how much longer they'll stay there, though – performance like this tends to get noticed. Tech stocks grew by around 45% in 2020, but the ones we'll talk about in a second shot up 147%.

I think we're just getting started here… Full Story

Best Call Options to Trade Right Now for 70% Gains

Many investors fear volatility but without it there's no chance to profit.

When stocks are moving fast, as they are now with the VIX up nearly 10% today, it is this volatility that provides opportunities to make money.

And no matter which way a stock moves – higher or lower – you can profit with options.

We're going to show you how to use one of the best call options to trade right now to make the most of this volatile, fast-moving market.

That's because we want our readers to know that options trading is a valuable tool for almost all levels of investors, from the most sophisticated to savvy beginners.

Read more...

The 3 Best Penny Stocks to Buy Have 300% Upside

2020 was a lot of things.

It was the year of the pandemic.

It bought us one of the more hotly contested elections in some time.

And it was the year of a massive stock market crash, with the major indexes dropping by 35% or more.

But 2020 was also the year of the quickest market recovery in history – with prices rushing back to new all-time highs in a matter of months.

2020 was a fantastic year to invest and trade in low priced penny stocks.

New traders flocked to the market during the early stages of the lockdown.

And many of them have stayed even after the world began to reopen.

Intelligent speculation in penny stocks has made a lot of money for a lot of people in the past year.

With the vaccine finally arriving, we could see a full reopening of the economy that drives the markets higher.

This would create even more massive opportunities for low priced stock investors.

Here are the three best penny stocks to buy with 300% upside...