By Money Morning Staff Reports, Money Morning - • Print | Email
Money Morning's Quantitative Specialist, Chris Johnson, has been building proprietary trading models since the 1990s and has guided his readers to 70 double and triple-digit winners in the last year alone.
Chris knows, like anybody else who's been investing long enough, that nothing goes up indefinitely.
And during his Markets Live appearance yesterday, Chris made the case for why he thinks we're close to a tipping point.
A tipping point that could turn stocks over and send us to new lows...
By Greg Madison, Managing Editor, Money Morning - • Print | Email
Money Map Press readers have been enjoying profitable investing since 2007, through boom times and two devastating economic crises.
There are two big things Money Map Press does differently that make all the difference for its subscribers.
By Money Morning Staff Reports, Money Morning - • Print | Email
Stocks fell sharply today as investors grew worried about the increasing number of newly confirmed coronavirus cases, which raised concern about the economic reopening and recovery.
The Dow dropped 711 points, or 2.7%. The S&P 500 traded 2.6% lower, while the Nasdaq slid 2.1% (its first daily decline in nine sessions).
The major averages hit their lows of the day after Florida said its confirmed cases jumped by 5,508 on Tuesday, a record.
They now total 109,014.
The state also said its positivity rate rose to 15.91% from 10.82%.
Meanwhile, New York, New Jersey and Connecticut governors ordered visitors from certain hotspot states to quarantine for 14 days.
At one point, the Dow had fallen more than 800 points.
Here’s what our experts – Chris Johnson and Andrew Keene – saw throughout the volatile trading session.
By Mike Stenger, Associate Editor, Money Morning - • Print | Email
The Dow Jones today may finish with a loss as COVID-19 cases across the United States rise.
Stocks that would benefit from a stronger reopening for the economy are sliding today as well.
These stocks fall into the airline, cruise, retail, and hospitality categories.
Read for more on these developments...
By Money Morning Staff Reports, Money Morning - • Print | Email
The WorldWide Developers Conference has certainly been a tailwind for tech stocks as the Nasdaq Composite hit another all-time high today.
Shares of Apple Inc. (NASDAQ: AAPL), Facebook, Inc. (NASDAQ: FB), Amazon.com Inc. (NASDAQ: AMZN), and Netflix Inc. (NASDAQ: NFLX) lead the way (the latter two also hit record highs).
Since everyone knows about the moves in these mega-cap tech stocks, our experts – D.R. Barton, Jr. and Shah Gilani – gave advice on some other names.
By Money Morning Staff Reports, Money Morning - • Print | Email
Markets were volatile today as the Dow struggled to rally for the fourth day in a row, ultimately falling short.
But our experts are unfazed.
The Fed's latest push is giving this market real momentum, and it's fueling moneymaking opportunities left and right.
We've got 10 trading opportunities laid out for you below.
Chris Johnson and Andrew Keene unveiled these opportunities live today as they were tracking markets in real time.
Here's what our experts – Chris Johnson and Andrew Keene – thought about today's markets, and make sure to tune in to Markets Live tomorrow for even more actionable insight.
By Money Morning Staff Reports, Money Morning - • Print | Email
Stocks rose Tuesday on the back of a record retail sales jump in May, positive trial results from a potential COVID-19 treatment, and more economic stimulus from the Fed.
The U.S. government reported all-time increase in retail sales of 17.7% in May.
Economists were expecting a 7.7% increase.
Meanwhile, trial results announced today showed an already widely-available drug called dexamethasone can help critically ill coronavirus patients.
Combine that with the Fed's announcement yesterday that it will begin buying individual corporate bonds, and you get another market rally.
The S&P 500 was up 1.6%, the Dow up 1.7%, and the Nasdaq closed 1.5% higher on the day.
By Shah Gilani, Chief Investment Strategist, Money Morning • @ShahGilani_TW - • Print | Email
Just when the markets looked so promising to so many investors… reality bites. Hard.
And those hard-bitten investors are freaked out.
Here in the United States, the specter of a second wave of COVID-19 infections is looming large, particularly in states that have been "reopened" for two or three weeks now.
Not only that, but renewed lockdowns are currently underway in Beijing, China, because of a new cluster of cases linked to a seafood market there in the capital. About 90,000 people in 21 communities are shut in as the city government takes "resolute and decisive measures" in "an extraordinary period."
As unsettling as that is, that's not the biggest market-crashing threat out there right now.
It's much closer to home… Full Story
By Money Morning Staff Reports, Money Morning - • Print | Email
The Dow Jones Industrial Average was down nearly 800 points in early market trading this morning.
But stocks staged a mid-day comeback, climbing back to positive territory by the early afternoon.
The biggest news of the day came from the United States Federal Reserve.
The central bank announced it will begin purchasing individual corporate bonds, in addition to the ETFs it's already purchasing.
That fueled the Dow's rally even further as the index closed 157 points higher by the end of the trading session.
Here's what our experts – Chris Johnson and Tom Gentile – saw throughout the volatile trading session.
By Money Morning Staff Reports, Money Morning - • Print | Email
Stocks suffered their biggest pull back in three months as another 1.5 million Americans filed for unemployment and coronavirus cases spiked in states that reopened parts of their economies.
Traders quickly moved to sell their positions as the Dow dropped 6.9% on the trading session.
Investors bid the S&P 500 45% higher from its March lows on hopes of a fast recovery.
But a new spike in cases is certainly going to take a toll on a number of businesses.
Retail and airlines were two of the hardest hit industries on the day.
Here's what our experts – Chris Johnson and Shah Gilani – think is going to happen tomorrow and how investors should be positioning themselves before the weekend.
