By Money Morning Staff, Money Morning - • Print | Email
After months of predictions and speculation, it looks like Oracle finally won the battle for TikTok.
And what might be the best part of this deal is it's opened up an opportunity for traders like us to capitalize on – which our Andrew Keene will show you right now…
By Money Morning Staff, Money Morning - • Print | Email
Well, it was fun while it lasted.
For a few weeks now, the market has been buzzing about the "inevitable" acquisition of luxury brand Tiffany & Co. by Bernard Arnault's luxury juggernaut LVMH Moet Hennessy Louis Vuitton SE.
To hear the media talk about it, it was a done deal – a dead certainty. Nothing could stop it. The $16.2 billion deal would have been the biggest acquisition in the high-flying luxury sector's history.
Of course I say "would have," because it all just fell apart. The sound of corporate wedding bells has been replaced by the shouts of corporate lawyers.
But if you make this easy move, you'll hear the sweet sound of a ringing cash register… Full Story
But if you make this easy move, you'll hear the sweet sound of a ringing cash register...
By Money Morning Staff, Money Morning - • Print | Email
After a historic rally of 1,000% over the past year, Tesla has hit a bump in the road.
You see, S&P Dow Jones Indices rebalances its indexes every quarter. A company needs to meet specific qualifications to be considered, including four consecutive quarters of profitability. So, investors eagerly await to see what stocks get added and removed when this time rolls around.
And many expected Tesla to be listed on the list of new stocks being added to the S&P 500 – so imagine the panic when Tesla didn't make the cut.
The decision not to add the stock to the S&P 500 surprised the entire market, especially those waiting for weeks on this decision, excited after Tesla reported a second-quarter profit in July. Tesla had ticked off many of the requirements needed to be considered for this index.
Tesla is now among the top 15 largest companies in the United States when measured by market capitalization – sitting at $320 billion. This makes the electric car marker the size of long-standing giants like Nvidia. And at one point, Tesla grew to be the seventh-largest company in the United States.
But size isn't all that matters when it comes to the S&P 500.
Unlike other benchmarks, the S&P 500 isn't driven by a strict set of rules or qualifications. Instead, the benchmark relies on a committee to decide what gets added and removed. Ultimately, Tesla didn't satisfy the S&P 500 committee.
And this snub didn't bode well for the electric car maker's stock. Tesla shares were down 19% in early trading Tuesday, wiping out more than $70 billion in market value.
Before you jump at this new price tag, there's something I want you to know. There's a way you can play this TSLA snub scenario for the most profits… Full Story
By Money Morning Staff, Money Morning - • Print | Email
Walmart has finally unveiled its new subscription service, Walmart+, in hopes of going head-to-head with Amazon's Prime.
Battles like these, for market share and profits, are where investors can be the real winners.
Today, our Andrew Keene's going to detail the profitable move you can make to do just that…
By Money Morning Staff, Money Morning - • Print | Email
For the 56th time since 1896, the Dow Jones has spiced things up – Exxon Mobil, Pfizer, and Raytheon are out, and "new economy," biotech, and tech stocks Salesforce.com, Amgen, and Honeywell International are in.
But for sharp traders, the real story – and the real opportunity – is over on the high-flying NASDAQ Composite.
Sure, the endless string of new record highs is nice, but I'm talking about the stock splits approved by the boards of Apple and Tesla. AAPL and TSLA shares split 4-for-1 and 5-for-1, respectively.
That ignited monster rallies in both stocks and, in short order, long-term bulls will get a beautiful entry point.
The thing is, it's not right now.
I'm going to show you the signal to watch for to know exactly when to strike for profit… Full Story
I'm going to show you the signal to watch for to know exactly when to strike for profit...
By Money Morning Staff, Money Morning - • Print | Email
WeChat is the latest of a long list of companies President Trump’s looking to shut down due to privacy concerns.
That’s why today, our Andrew Keene’s going to show you how you can play this developing situation to not only protect your portfolio, but to also make some profit…
By Money Morning Staff, Money Morning - • Print | Email
With the travel industry's continuing struggle, our Andrew Keene's going to explain why you should keep your distance from it for the time being and look at these profitable stocks instead…
By Money Morning Staff, Money Morning - • Print | Email
The surge of new buyers in the housing market continues.
But despite the impressive numbers, there's trouble on the horizon in the form of rising lumber costs and overly high demand.
So instead of buying into the home buying hype, our Andrew Keene is looking at playing another much more profitable home sector…
By Money Morning Staff, Money Morning - • Print | Email
One of the best things about my trading is that it gives me the freedom to work an hour or so per day, doing what I have to do so I can do what I want do to the rest of the time.
Plenty of my 1450 Club Members following along are getting the chance to do the same thing.
Don't get me wrong: It's great when you can work at doing what you love… but it's also great when you can draw a big, fat line between "work" and "life."
Big surprise, but a lot of my "work time" is dedicated to looking at stocks.
If you've been with me for a while, you'll know I trade the same seven well-known big-cap stocks just about every day, but there's a lot more: I'm looking for any "optionable" shares that meet my special criteria for making recommendations.
To help me do that, I develop a kind of "watch list" every week, so I can narrow it down; I don't have to track 1,000 companies, but only between six and eight. Much more manageable.
And I'm not sacrificing a nickel of profit potential by narrowing it down, either.
I can point to just five stock trades that gave my readers a crack at a combined 1,091% in gains. Put another way, not a single one of these five trades was closed out for less than 200% in profits.
So you see, targeting your moves carefully beats throwing darts at a huge list of stocks.
Right now, I've got my eye on six… Full Story
By Money Morning Staff, Money Morning - • Print | Email
Another big name in the market has decided to make its stock more accessible to the everyday investor.
And that big name is none other than Tesla.
Tesla has indeed had an impressive run. Despite many analysts calling for its downfall, the electric car stock has continued to thrive, hit new all-time highs, and continues to climb daily. In fact, shares have more than quadrupled since March – closing above $1,600 at one point.
The company has been a favorite stock for day traders as well as for some retail traders for a while. For instance, just last month, Robinhood disclosed that almost 40,000 active account holders had added shares of the carmaker in a four-hour time frame.
And it's not just Tesla that's enjoying this surge. Investors are getting more and more interested in the electric car industry. But Tesla is the only company in the sector that's on the S&P 500's radar, with many hoping it'll soon be added to the coveted list. If this happens, it'll make Tesla a "must buy" for mutual and exchange-traded funds that track the index.
So here's how we can get in on the moneymaking fun – and only pay one-fifth of Tesla's cost today… Full Story
So here's how we can get in on the moneymaking fun - and only pay one-fifth of Tesla's cost today...
