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Trading Strategies

As America Reopens, Explosive Pent-Up Demand Will Benefit These Companies First

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After the long coronavirus shutdowns, 35 states are now reopening or about to reopen.

While the U.S. has shed about 26 million jobs over the pasts two months, the hope is that companies rehire the employees they've had to let go, and that business will quickly go "back to normal."

But consumers have been absolutely battered over the past two months and as the opportunity to spend re-emerges, folks in these states are going to have to decide what they've missed most during the lockdown.

And we're seeing some early signs that some industries are experiencing a quicker recovery than others.

So today, our D.R. Barton has isolated a few stocks, all trading at bargain basement prices, that should be the first to benefit from that severely pent-up demand...

stocks

Markets Live Recap: Stocks Rise Despite 3.17 Million More Unemployment Claims

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The U.S. weekly jobless claims number increased another 3.17 million people (versus the 3.05 million expected by economists) today.

That brings the total to 33.5 million Americans unemployed over the last seven weeks.

Stocks shook off the news, however, as the Dow rallied 0.9%.

The Nasdaq rose 1.4% as investors buy into technology stocks that are less likely to be affected by government shutdowns.

Oil was up 10% in the first half of trading, but closed down 3% in a volatile session.

And interestingly enough, gold was up 2% while Bitcoin popped 6%.

Typically, gold is negatively correlated to stocks and goes down when the market goes up.

Here's why our experts – Chris Johnson, D.R. Barton, Jr., and Shah Gilani – think stocks are likely to experience more pain to come.

And why gold (and Bitcoin) might be the big winners over the next couple years...

stocks

Markets Live Recap: Why Oil Prices and Stocks Both Surged Today

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The biggest news of the day was the 20% pop for oil prices.

They surged thanks to optimism around production cuts.

There are also expectations from analysts that demand for the commodity will increase as some economies attempt to reopen around the world.

The S&P 500 was up as much as 1.8% mid-day, but only closed 0.9% higher.

The overall market is clearly buying the news that economies around the world will open up.

But it's to be determined if they'll be able to do that without spreading the coronavirus further.

Here's what our experts – Chris Johnson, D.R. Barton, Jr., and Shah Gilani – think investors should be doing with their money today.

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