Category

Shah Gilani

Trading Strategies

Why the Dow Jones Could Quickly Hit 35,000

By , Managing Editor, Money Morning - • Print | Email

The anticipation is palpable… and building fast. We've had three reports on extremely effective upcoming coronavirus vaccines, and each report practically blows the last one out of the water.

First we heard preliminary reports that Pfizer and BioNTech's revolutionary messenger RNA (mRNA) coronavirus vaccine was 90% effective. That was great… until yesterday morning, when the biotechs got back in touch to say the real figure was something closer to 95%. And in the middle, we've heard from Moderna, which is reporting its mRNA vaccine is 94.5% effective.

Every time, stocks have taken off like a shot at the news; vaccines have helped push the Dow back above its February 2020 highs.

Here's the thing… setting aside the six vaccines The New York Times reports are in limited use in China and Russia – about which there are many unanswered questions – there are at least nine more coronavirus vaccines deep in phase 3, large-scale efficacy trials.

And there are no less than 55 more candidates in earlier, phase 1 and 2 trials. Some of these vaccine candidates won't advance, but others almost certainly will – two have already.

That all this has happened in less than a year is an "Apollo moonshot"-like scientific achievement. But that's also a whole lot of concentrated upside potential that could flood the markets and push stocks to almost unthinkable highs.

So I asked Money Morning Chief Investment Strategist Shah Gilani what it all means for us investors…

Read more...

Washington

How to Stay Profitable and Safe in the Market from Now Until January

By , Managing Editor, Money Morning - • Print | Email

As of midday on Nov.

4, there’s still no decisive outcome in one of the most contentious elections of the modern era.

So we sat down with our Shah Gilani to get his unique take on what this all means and, above all, the best ways to trade and invest for this in-limbo outcome.

Indeed, it’s opened up some nice opportunities… .

Read more...

Washington

The Six Questions Washington Owes Us Answers To

By , Chief Investment Strategist, Money Morning • @ShahGilani_TW - • Print | Email

I love America.

As a professional trader and former hedge-fund manager who's spent his entire career in the greatest free market on earth, how could I feel any other way…

For that reason alone, I would love to be positive today. To be truly excited as millions of us engage in enlightened political debate and exercise our right to vote – freedoms people in other parts of the world would (literally) kill for.

But that's not where we are today.

What's already been a frightening and tumultuous year for our health, our economy, our money, and our future has the potential to get worse – even much worse.

Right now, Americans are fixated on the most polarizing election of our lifetime – and the chasm-like divide separating the two sides could be widened and deepened if the ballot is a contested one.

But the real issue is what comes next.

I obviously can't say when we'll get a definite result on who will be commander in chief for the next four years, or if a "blue wave" has swept over Congress.

But here's what I do know: We need answers… from Washington… and we need them now.

Whoever is given the keys to the White House needs to tell us what "the plan" is.

The time for campaigning, spinning, sidestepping, cheap-shotting, obfuscating, and stalling is over.

We need answers.

Now.

There are questions I want answers to.

And those answers will determine when – as a country – we're healthy, wealthy, and working again.

Here on Election Day, I'm sharing those questions with you… Full Story

Here on Election Day, I'm sharing those questions with you...

Washington

The Real Supreme Court Bombshell Could Ignite One Sector

By , Chief Investment Strategist, Money Morning • @ShahGilani_TW - • Print | Email

It's all over the news today: Senate Republicans unanimously voted to advance Amy Coney Barrett's nomination for Associate Justice of the Supreme Court to the full Senate.

Meanwhile, a court matter of huge importance to investors isn't front-page news, but most definitely should be: The Supreme Court may very well have the $9 trillion tech sector – particularly the FAANGs – in its sights.

Of course, the Supreme Court hears and rules on cases of national and even global importance sometimes. But it's not every day a case like Malwarebytes Inc. v. Enigma Software Group USA LLC comes up. This case concerns massive issues of technology, money, freedom of speech, and everything that stems from that – including the elections – all rolled into one.

There's a lot at stake here, and I'm going to walk you through what's going on because, as I said, this is a $9 trillion issue impacting some of the richest, best-performing stocks in the market. Vast fortunes, including countless retirement accounts, are in play.

Which way the court decides to go here is going to impact the stock market like a ton of bricks… or, on the other hand, a tank of jet fuel… Full Story

Which way the court decides to go here is going to impact the stock market like a ton of bricks... or, on the other hand, a tank of jet fuel...

Gold

There's a Big New Reason to Buy Gold Now

By , Chief Investment Strategist, Money Morning • @ShahGilani_TW - • Print | Email

The tension between the bulls and the bears is really strong right now.

Stimulus hopes and fears, political chaos and certainty, coronavirus spikes and potential therapies – all of it is playing out in a huge battle royale that's had the VIX trading in a range between 27 and 29 all week.

My experience tells me that, in the long run, the bulls will win out. All the ingredients – like a shrinking supply of stocks and easy monetary policy, to name just two – are there for the run higher to continue, likely for years to come.

But for now, we've got to contend with volatility, and maximize every opportunity it offers. If you've been with me for a while, you'll know we're selective about where we invest in the calmest markets, but right now it's especially critical.

That's why I'm going to share my thinking on the yellow metal right now, and show you an easy buying strategy… Full Story

That's why I'm going to share my thinking on the yellow metal right now, and show you an easy buying strategy...

Washington

How a Contested Election Result Could Double Your Money

By , Chief Investment Strategist, Money Morning • @ShahGilani_TW - • Print | Email

In the event of a contested election, it’s clear neither candidate will back down.

Meaning we could be in for a long, drawn-out contest of the Nov.

3 election results that’ll surely impact the markets.

Luckily, we’ve got some strong clues that’ll tell us what the market will do and how far it’s likely to go, allowing us to make this inexpensive, money-doubling trade….

Read more...

Stocks

Here’s the Only Smart Way to Play the Airbnb IPO

By , Chief Investment Strategist, Money Morning • @ShahGilani_TW - • Print | Email

It's been a record-setting summer for IPOs. Vroom Inc., Lemonade Inc., and BigCommerce Holdings Inc. all soared on their initial public offering debuts.

Then came the record-setter, Snowflake Inc. – the largest U.S. software IPO and the biggest company ever to double in value on its opening day.

So this profit-rich, success-soaked moment is opportune for Airbnb, the vacation-rental "unicorn" that's a heavy favorite to go public by the end of 2020.

Good thing, too (for Airbnb). The company's had a rough year, to put it mildly. The company slashed headcount by a quarter back in May, and, as The Wall Street Journal reported, saw its valuation plummet from $31 billion to $18 billion – a rare occurrence for such a celebrated private firm.

So investors are feeling bullish about this company once again, including yours truly – I do think this is going to be a good long-term investment.

Still, this may not be a slam-dunk IPO á la Zoom.

It would be a pricey mistake to rush out and grab the first shares that hit the market. Grab them at the wrong time – the wrong price – and you could be looking at a long, long trip back to the "plus" side of the ledger.

This is going to take some strategizing, like so… Full Story

This is going to take some strategizing, like so...

Trading Strategies

How to Play the Six Most Important Stocks Right Now

By , Chief Investment Strategist, Money Morning • @ShahGilani_TW - • Print | Email

Just last week, I showed you how the markets and the six mega-cap stocks driving them higher, were getting a bit ahead of themselves.

I don't want to be the "I told you so" guy, but… well… I'm a positive guy; positivity is a good thing, but when positivity is all there is – watch out.

Since we last spoke, the S&P 500 has shed 5%, the Dow 4%, and the mighty Nasdaq Composite – the record-smashing star performer of summer 2020 – has tanked nearly 10%.

"The bigger they are," right?

Even more than the broader S&P 500, the Nasdaq and the six 800-pound gorillas that run the show there require our immediate attention.

Don't get me wrong: It's not time to drop everything and run for the hills, but a few position tweaks, a little profit-taking, and some vigilance are in order… Full Story

Don't get me wrong: It's not time to drop everything and run for the hills, but a few position tweaks, a little profit-taking, and some vigilance are in order... Full Story