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As we near closer to election day, the alternative energy market is lighting up with profit potential.
That's why Chris Johnson is recommending this up-and-coming lithium producer as this week's Fast Profits trade recommendation, to cash in on rising demand for electric vehicles follow a massive Tesla deal.
And with earnings scheduled to be released Nov.
5, there isn't a second to lose – click here to check it out..
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ExxonMobil, one of the world’s largest energy companies for the past 20 years, has been left in the dust by a renewable energy company barely 20 years old.
Indeed, fossil fuel's falling out of favor in the market is great news for our trading because we can make way more trading on renewables than we ever could make trading on oil.
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As we near election season, Chris Johnson has recommended an options play to cash in on one topic gaining traction in both the stock market and Big Media: clean energy.
And as a bonus, he's offered a second recommendation on a bearish trend emerging in the entertainment sector.
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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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Chris Johnson's back on another edition of Fast Profits with Money Morning. This week, he's bringing you a "triple threat" options play on a stock that's tapped into the lucrative homebuilders sector, Big Tech, and the rising demand for green energy.
Click here to get the full trade details...
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Lordstown Motors just became one of the best electric vehicle stocks to buy.
And it all has to do with a little thing called a special purpose acquisition companies (SPAC).
Special purpose acquisition companies (SPACs) have become popular this year.
Otherwise known as "blank check" companies, they are formed solely for the purpose of buying an existing company using funds from an IPO.
Market uncertainty during COVID has resulted in a weak year for IPOs.
So these companies have been seen as a profitable alternative.
Today, we're going to discuss what may or may not be one of the most interesting SPACs to come out of it.
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The two most expensive emotions you can have as a human are "anger and pride," according to Money Morning's Quantitative Trading Specialist, Chris Johnson.
And if you have them both at the same time, it can be very destructive to your portfolio.
That's how Chris is thinking about Tesla Inc. (NASDAQ: TSLA) right now as the number of short positions has never been higher on the stock.
It's clear these short sellers have a ton of pride, continuing to bet against one of the hottest momentum stocks on the market (Tesla is up 254% year to date),
And they're surely feeling angry losing money day in and day out to a company that sells a fraction of the cars as the major carmakers, but is currently the most valuable electric vehicle stock in world (with its $280 billion market cap).
So, what should investors do?… Is it too late to buy TSLA stock or should you continue riding this momentum higher?
In this article, Chris will tell you exactly what to do...
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Electric car manufacturer stocks are absolutely exploding right now.
The leader – Tesla Inc. (NASDAQ: TSLA) – is up 220% year to date.
But did you know that three smaller (and lesser known) electric vehicle stocks are up even more?
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Raging wild fires in Australia have left a trail of destruction that can leave us with only one conclusion. Global warming is very real and its consequences are to be feared.
Of course, fear is a powerful motivator. And it will likely bring about the changes needed to slow or reverse the climate changes that have been wrought by fossil fuels.
As an investor, now's the time to pay attention to the very powerful transition away from fossil fuels.
Today, we'll show you one of the best renewable energy stocks in 2020 to profit from this trend.
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You know, all of my adult life, I've been a hard-hitting fiscal conservative.
If you'd come to me two or three years ago and said there's a new government mandate – a California government mandate – that Michael Robinson was going to love and endorse, I would've laughed you out of the room.
But, my new research has completely shifted my stance.
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