Tom Gentile went on camera to predict Bitcoin would hit $50,000, and, 10 months ahead of schedule, we're at $51,000 So today, he's giving us an updated bullish Bitcoin price prediction.
Archives for February 2021
February 2021 - Page 3 of 6 - Money Morning - Only the News You Can Profit From
Why a Stock Market Bubble Doesn't Scare Us
The media's been giving a lot of attention to a three word phrase that strikes fear in the hearts of investors: stock market bubble.
But whether we're in a stock market bubble or not, your strategy is likely to be the same.
Three Short Squeeze Targets for This Week
Short-sellers try to bank gains when stocks sink, but, as GameStop proved, when regular investors fight back it can spark an insanely profitable short squeeze that can send shares into the stratosphere.
These are three short squeeze stocks to watch now…
The Top Oil Stock Trade to Make with Crude Hitting $60 a Barrel
One of the biggest stories in the stock market this year has been flying under the radar, buried by politics and pandemic worries.
But that's an opportunity for investors who spot it first.
We'll show you just how to do it.
Oil stocks are responding despite people focusing on cleaner forms of energy.
Even Money Morning Quantitative Specialist Chris Johnson is looking at what he calls "old school dirty energy stocks" to be the biggest winners here.
How to Lock Down Fast Profits on the Return of American Restaurants
This food service stock was already on the rise, thanks to COVID-19 vaccines circulating through the American population.
But with an earnings report scheduled for tomorrow, pro-trader Chris Johnson's expecting a huge rally any day now.
And with a call options play, you can maximize your profits in the upside.
Click here for the full details...
Why My New Bitcoin Price Prediction Calls for $100,000 by Labor Day
Back in 2019, when I first made a Bitcoin price prediction for $100,000 by the end of 2021, the No.
1 cryptocurrency was trading at just over $10,000.
That forecast sounded ridiculous – until December when Bitcoin started a massive rally.
Now we’re almost halfway to $100,000, and the original forecast sounds too conservative.
So I’m moving the time frame up to Labor Day.
.
Here are the new developments that changed my mind…
3 Best Penny Stocks with More Than 100% Upside Potential
This could be the breakout year investors have been salivating over for months.
The combination of stimulus packages from Congress, low-interest rates, and widespread vaccination could get the economy roaring as the year progresses.
Most economists are now suggesting that 2021 will have the highest growth rate since 1984.
That economic turnaround is going to do wonders for the stock market, and the best penny stocks could see prices surge higher.
After all, their share price under $5 means even a small move in price can translate to big percentage gains for shareholders.
Here’s My Favorite Bitcoin Stock Trade Right Now
On its way to $100,000, Bitcoin will likely hit $50,000 fast.
Once it does, that’s 70% gains just this year.
But if you only own Bitcoin, you’re not getting all the profits available out there.
Indeed, there are also great Bitcoin stocks to take advantage of.
And the profits you book on this easy stock trade Tom’s showing you will prove it… .
My Charts Prove These Stocks Are "Screaming Buys" Now
For Chris, the most exciting earnings reports aren't the big guys.
Instead, you should turn your attention to the really juicy opportunities out there – smaller stocks that can make bigger moves and yield bigger payoffs.
And Chris is showing you two of them today.
All you have to do is buy the stocks, and pocket the profits….
10 Short Squeeze Stocks Flying Under the Radar
Tom has picked the 10 most likely short "Super Squeeze" bets out there right now, and he'll name each and every one of them and show you the best way to trade them for big gains right here in this latest video….