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We've been waiting for Wall Street to latch onto electric vehicle stocks.
And that moment seems to have arrived.
Tesla Inc. (NASDAQ: TSLA) is up 84% in the last month.
Workhorse Group Inc. (NASDAQ: WKHS) is up 275%.
Another top EV stock is up 133%.
But we're going to show how you can still profit from this stock using our best Robinhood options trade this week.
That's even if it pulls back.
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The only constant in life is change. That goes double for markets: Investing, just like everything else, evolves.
The latest evolution has, for some folks, turned investing into something like a video game…
Armed with a smart phone and their trading app, tons of new investors are taking the markets by storm. No kidding – it's not a bit unusual these days for friends of mine to whip out their phones and buy shares of stocks that they've never heard from outside of a mention on Twitter, or some other 24/7 social media feed.
I hate to say, "When I was your age," but when I was growing up, investors would thoroughly research the fundamentals and technicals of a stock before moving hard-earned money into it. More recently, they'd at least plug the ticker into a search engine to get some insight to what they're buying.
Nowadays, though, it seems that if "RealK1ttyL0ver77" posts on their Twitter account to buy shares of "Kitten Mittens Holdings Ltd." because they're "real dope," people buy big, and before you know it, Kitten Mittens jumps 700%.
It's all about what the crowd is doing, and that has major downside.
A real-life example would be Hertz Global. Investors, who looked at a sub-$1 stock and saw a bargain, piled in by the busload. The stock rallied 700% even as its (inept) management team was dotting the i's and crossing the t's on the bankruptcy filing!
Sometimes there are real bargains… and sometimes cheap is cheap for a good reason – but that's a truism that seems to have been forgotten for the moment.
Now, don't get me wrong: I'm not knocking new trading apps or their new legions of users. I think it's fantastic that a new generation of investors – who, you could argue, have been clobbered by both the 2008 financial and the 2020 coronavirus crashes – are accessing the massive opportunities the markets provide.
More investors in the market means that there is the opportunity for more robust, fairer pricing.
More dynamic markets also means that more ideas are going to flow through the daily narrative. Simply put, crowdsharing of investment ideas means that you're more, not less, likely to find an investment that fits your risk and objective profile.
I'm a hardcore optimist. I've found ways to harness this huge momentum shift for everyone reading today, whether you're a new investor or an old hand.
You're going to be able to make better decisions on platforms like Robinhood and learn how to leverage the crowd's activity on there for maximum profits… Full Story
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With coronavirus cases, social unrest and geopolitical tensions all on the rise, the market looks uncertain going into the latter half of the year.
But as an options trader, you're always looking for opportunities, even in a time like this.
The only difference is that your strategy might change.
Right now, you're fighting volatility, but don't let that get you down.
Volatility is actually good for options trading, but it does also leave you open to more downside risk.
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Investors are going all-in on the recent wave of optimism driving stocks higher.
But according to pro-trader Chris Johnson, today's rally won't last…
In fact, the next dip is already starting in the defense sector – creating a prime put buying opportunity for this week's "Fast Profits with Money Morning."
Check out the full trade details on your next money-doubling play, here...
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One of the best benefits of trading options, even for beginners, is the ability to profit in both rising and falling markets.
With one small tweak, a winning strategy in a bullish trend easily converts to a winning strategy in a pullback.
But traders can easily be lulled to sleep following the markets trends.
Bearish traders made a killing March and April, but if they didn't switch strategies they lost out during the rally in May and June.
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We have all seen stocks that cost far more than we'd like to spend.
There's an options trade for that.
Our best Robinhood options trade today allows you to control shares of high-priced stocks like Amazon.com Inc. (NASDAQ: AMZN) without even buying a single share.
We're going to show you how to execute the trade in just a moment.
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There's a lot to be bullish about, despite the headlines, or whether we're in a "second wave" of the coronavirus or if we're not done with the first wave.
If you have a long-term view of stocks, you almost have to be bullish.
The markets have an upward bias that's tough to deny.
In fact, this year we've seen markets come roaring back from the March "COVID Crash," and the NASDAQ Composite has even made new all-time highs.
There are trillions of dollars in stimulus sloshing around the markets.
Interest rates are as low as they've been since 2009, and likely to stay that way for the foreseeable future.
That said, traders have to deal with the here and now.
And, while our Tom Gentile's not betting against the markets in the long run, this month his proprietary Money Calendar is flashing a lot of bearish signals that indicate a lot of stocks will be heading lower.
Those signals are backed up by the technicals, too.
But no need to worry.
Tom's going to make his case for switching to bearish trading.
When stocks slide, the profits can be bigger and quicker than when they're going up...
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Though the stock market is seeing some good fortune, Chris Johnson says major market signals in the financials sector are reading for disaster.
That's why he's recommending this bearish options play – to help you profit on the downside of the banking industry.
Check it out, in this the latest from Fast Profits with Money Morning...
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Stocks just had their best quarter since 1987, but the market's volatility is likely to remain high.
Uncertainty still prevails as some states see reductions in new COVID-19 cases while others see new infections soar.
The good news is that there's a way to profit this uncertainty using options.
And today we're showing you an options trade easy enough to do on a commission-free platform like Robinhood or WeBull.
This trade could double by summer's end...
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On a normal weekend, I make the opportunity to hit a few retail centers to gauge the ebb and flow of the consumer. During my regular morning Markets Live stream, I like to share my "Walk Down Main Street" stock recommendations with the audience. Today, I'm sharing them with everyone.
A "Walk Down Main Street" is just like it sounds.
Find your local Main Street – a popular shopping street or mall…
Open your eyes, put one foot in front of the other, and take a walk.
Check out which stores are popular, which are dead. Take note of what people are wearing, and where their shopping bags come from.
By the time you're done with your stroll, you'll have a handy list of better, more profitable trading stocks than anything you can read about in The Wall Street Journal.
Last week, I hit four different shopping "areas" not far from me in Cincinnati. I usually hit a specialty store, a shopping mall (or two), a bunch of discounters, and some grocery and department stores.
Pace yourself, but generally, the more you see, the more profits you stand to make.
Here's what I found… Full Story
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