PTON

Stocks

How to Trade This "Pandemic Stock" for a Double

One of the many changes we saw in 2020 was the flurry of new, inexperienced investors and traders into the market via mobile apps.

But they’re still a strong force in the markets, meaning there’s extreme moneymaking potential in their trading activities for folks who know how to play it.

Today, Tom’s using some of the volume and pricing data from this crowd to tee up an interesting profit play that experienced investors can get into for potential 100%-plus gains… .

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Trading Strategies

Skip the PTON Craze and Buy This Instead for Instant Profits

The home fitness industry has been booming during the pandemic, with many eyes on the home fitness company Peloton.

But as gyms reopen, we may start seeing a shift away from home fitness.

Plus, a new competitor has got many investors wondering if PTON can put up an equal fight.

But rather than waiting to find out, here's what you should do instead to make money right now…

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stocks

Markets Live Recap: Stocks Today Inched Higher Thanks to Apple

Stocks traded lower to start the week as investors assessed an uptick in coronavirus cases and the pace of the economic recovery.

Shares of American Airlines Group Inc. (NASDAQ: AAL) were 6% lower after the company said it was seeing an additional $3.5 billion in new financing to improve the airlines liquidity as it grapples with travel restrictions caused by the coronavirus.

Apple Inc. (NASDAQ: AAPL) dropped over the weekend after the company announced plans to shut down stores in Florida, North Carolina, South Carolina, and Arizona upon rising levels of COVID-19 in these states. But after announcing it would ditch Intel Corp. (NASDAQ: INTC) to produce its own chips, the stock rallied 2.25% today and lead markets higher.

The S&P 500 finished the day 0.5% higher, the Dow 0.4% higher, and the Nasdaq 0.9% higher.

Here's what our experts - Chris Johnson and Tom Gentile - saw throughout the day, including some of their favorite stocks to trade now...