Archives for June 2021

June 2021 - Page 2 of 8 - Money Morning - Only the News You Can Profit From

Why I’m Watching This Bitcoin SPAC This Week

Bitcoin investors have tons of cryptocurrency exchanges to choose from now, but, courtesy of Palantir’s Peter Thiel, there’s a new one out there.

This isn’t your grandad’s crypto exchange – it could change everything.

It’s even been in talks to merge with a small Bitcoin SPAC to go public.

Here’s what you need to know…

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3 Stocks to Buy Before July 1

Summer is one of the most seasonally weak times of year on the markets; there are rallies here and there, but unless you're onto the right stocks to buy, you can miss out on what profits there are.

Chris Johnson has three strong summertime stocks to buy today.

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Two Red-Hot Short Squeeze Stocks to Sell Immediately

The short squeeze is still the market’s hottest trade for a good reason; the profits are still as big and fast as they ever were.

But two insanely popular, widely held short squeeze stocks, despite popping quadruple digits, are set to fall and should be sold ASAP.

Andrew Keene says to sell this morning, in fact.

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How to Trade Amazon Stock Today

A lot of investors think Amazon stock is going to head higher after an $11 billion Prime Day haul, but that’s not the case; it moves lower after these “events” all the time.

Mark Sebastian’s showing us the right way to trade Amazon stock today to make big profits at low risk.

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Clear Secure IPO Stock Is Another Solid Buy on Robinhood

Robinhood just added another IPO stock to its new IPO Access program.

Clear Secure Inc. filed with the U.S. Securities and Exchange Commission on Monday, June 7.

The company will trade under the stock ticker "YOU."

They expect a valuation of $2.2 billion, raising over $390 million in the IPO on 13.2 million shares priced between $27 and $30.

Goldman Sachs (NYSE: GS), J.P. Morgan (NYSE: JPM) and Wells Fargo (NYSE: WFC) will lead the underwriting process of this IPO.

Opportunities to invest in IPO stocks are still few and far between for retail investors.

Let's talk about whether Clear Secure stock an undeniable buy opportunity, or if you should wait...

The Doximity IPO Is a Rare Day-One Buy

Doximity stock will go public this week at $4 billion valuation.

Whether or not you’ve heard of the company, it meets a highly relevant need in its field today.

The rise of cloud-based medicine makes the Doximity IPO one of the hottest of 2021.

Think about how necessary it was for medical workers during the pandemic to stay connected while hospitals were being overrun.

Even on a regular day, success in medicine requires seamless logistics.

And that starts with better, faster communication among medical professionals.

Doximity helps make that happen.

And it results in patients getting the treatment they need, faster.

The company will offer 23,300,000 shares at a price range of $20 to $23.

It’s only a short time before shares of “DOCS” hits the New York Stock Exchange.

Here’s how you should play the Doximity IPO...

Why the NVIDIA Stock Forecast Is Off the Charts Right Now

Analysts have aggressively raised their price targets for the high-speed computer chip manufacturer NVIDIA Corp. (NASDAQ: NVDA).

Vivek Arya, managing director at Bank of America (NYSE: BAC), bumped his NVIDIA stock price forecast from $800 to $900 this week.

Reasons included the adoption of Artificial Intelligence driving strong revenue growth at the NVIDA.

NVIDIA's data center sales could also triple over the next few years.

The question now becomes, "Should we buy shares of NVIDIA?" Here’s what we make of this NVIDIA stock price prediction.

WISH Stock Is More Than a Meme - It Could Double from Here

WISH stock is quickly becoming one of the most talked about stocks on social media.

But unlike other overhyped meme stocks, this one might be worth your money…

Context Logic (NASDAQ: WISH) is one of the latest stocks to fall into the hands of the meme crowd on WallStreetBets, the Reddit board where the newest generation of speculators are targeting companies where they think short squeeze could drive stocks to the moon.

They might be right...