by Tom Gentile
Money is on the move, out of tech and into stocks that are viewed as more stable.
It's also going into stocks that will benefit from President Biden's planned infrastructure spending.
So how do you make money on this move? Start with these four stocks to buy now..
Two of America's biggest defense contractors turned their earnings in this past week, and the results were… mixed.
Raytheon Technologies reported a solid beat on earnings per share, and the stock went up, but Lockheed Martin took a beating for missing on earnings expectations – a heckuva way for investors to treat the company that just this past Wednesday replaced Boeing as the world's biggest aerospace and defense operation.
But the common thread here is both companies' extremely iffy forward guidance on aircraft and equipment sales; forecasts were much lower than expected, and that's kept interest pretty tepid.
That's going to be the key to unlocking some profits on a trade that I think Wall Street just isn't looking for right now… Full Story
There's a "New Cold War" underway right now, and it's heating up.
Investors can't afford to ignore a $2 trillion global business: Defense.
And understanding where defense dollars will be spent will help you zero in on the winners in the "New Arms Race" – while also avoiding sectors and firms that'll be left behind.
Here's how to get started….
Over the weekend, we found out that the year-old United States Space Force members would be known from now on as "Guardians."
While it brought on the inevitable comparison to Walt Disney Co.'s (NYSE: DIS) Guardians of the Galaxy franchise, it is worth noting that Space Force is shaping up as we near 2021.
While still in infancy, the space industry is building steam.
And we now have a few space stocks to buy headed into the new year.
The Dow Jones today is off again with a surge in COVID cases.
U.S.
deaths have surpassed 225,000, according to Johns Hopkins.
Meanwhile investors grapple with lackluster earnings reports and the ongoing failure of Congress to get a stimulus package off the table.
Here’s everything moving the Dow Jones now….
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 February with little information to go on for the novel virus.
But then, the United States federal government went into their economic playbook and passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
This provided over $2 trillion in economic support to American workers, families, and small businesses.
In general, most of the stock market has reacted favorably.
Since the CARES Act was passed on March 27, the S&P 500 is up 30% to new all-time highs.
Back on Aug. 20, a U.S. Air Force pilot climbed into an F-16 "simulator" – in essence, a digital copy that does everything a real Lockheed Martin Fighting Falcon can do – and squared off in a "dogfight" against an artificial intelligence robot.
The result: The AI robot shot the human pilot down in flames.
Digitally speaking, of course.
The shoot-down of a human F-16 pilot was part of a multi-day dogfight competition sponsored by the Defense Advanced Research Projects Agency (DARPA). In fact, it played out in the grand finale of that DARPA "Air Combat Evolution" (ACE) competition – and meant that an AI "algorithm" was crowned as champ.
A robot is America's Top Gun.
It's a next key step in the "Drones Revolution" I've been chronicling for my Private Briefing subscribers.
And for investors like you, it means a hefty "wealth window" has been pushed wide open.
We're talking total "Blue Sky" profits… Full Story
We're talking total "Blue Sky" profits...
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.
The Dow Jones Industrial Average dropped this morning after the National Bureau of Economic Research's Monday announcement: the U.S. is officially in recession due to COVID-19.
There has also been a dip in corporate earnings. Airline stocks took the hardest hit.
More on these developments here.
This is everything moving the Dow today.
Stocks surged to close the week after a historic increased in U.S. jobs further fueled investors' confidence that the reopening of the economy will be successful following the COVID-19 lockdowns.
The 2.5 million jobs added in May was the largest one-month increase on record.
Investors were expecting an 8 million job loss.
The U.S. unemployment rate slid to 13.3% when it was expected to reach nearly 20%.
And stocks rallied big time.
The Dow was up 3.15%, the S&P 500 closed 2.62% higher, and the Nasdaq rose 2.06% to a new all-time high.
Here's what our experts - Chris Johnson and Shah Gilani - saw on this historic day...
