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Stocks The 2 Best SPACs to Buy Now
By Money Morning Staff Reports, Money Morning •
We can make a lot of money with the best SPACs to buy now.We have already seen some deals double or more once a deal was announced this year… Draft Kings Inc.(NASDAQ: DKNG) has soared by five times the IPO price of $10.And … Read more » -
Stocks Why DraftKings Stock Is a Must Own Now
By Money Morning Staff Reports, Money Morning •
The presidential election may have gotten most of the headlines, but quietly three states (Maryland, Louisiana, and South Dakota) were all voting on another important issue: sports gambling.All three states voted to pass bills that will … Read more » -
Stocks 3 Best Sports Gambling Stocks to Buy Now
By Garrett Baldwin, Behavioral Trading Specialist, Money Morning •
There was one clear winner in Tuesday's election, and I'm not talking about the presidency.Legal sports gambling swept victories everywhere it was on the ballot.Voters approved sports gambling by a wide margin in Louisiana, Maryland, … Read more » -
Stocks The Best Stocks to Buy Before the Next Round of Stimulus
By Money Morning Staff Reports, Money Morning •
Stocks were at their lows for the year back in March when COVID-19 was spreading rapidly throughout the world for the first time.It was a time of fear and panic in the financial markets as stocks fell about 35% from their all-time highs in … Read more » -
IPOs SPAC ("Blank Check Company") Investing Guide
By Mike Stenger, Associate Editor, Money Morning •
Special purpose acquisition companies (SPACs) -- also called "blank check companies" -- have surged in popularity this year. That's because they are formed solely for the purpose of buying private companies and taking them public, giving … Read more » -
Stocks Is DraftKings Stock a Buy Right Now?
By Garrett Baldwin, Behavioral Trading Specialist, Money Morning •
DraftKings Inc. (NASDAQ: DKNG) has taken a rocket ride since going public via a reverse merger with a blank check acquisition company earlier this year. The stock has almost tripled as investors raced to cash in on the sports betting and … Read more » -
Dow Jones Dow Jones Slumps 300 Points with Jobless Claims Worse Than Expected
By Garrett Baldwin, Behavioral Trading Specialist, Money Morning •
The Dow Jones fell more than 300 points this morning after the U.S. Labor Department revealed the number of people seeking unemployment benefits was 10% higher than expected. Meanwhile, many leading financial pundits are starting to raise … Read more »