Conn's Inc

Trading Strategies

How to Quit Worrying and Love It When Stocks Tank

If you own Boeing Co., the last month has clearly been an "intestinally challenging" ride: 10% straight down after two of the company's new 747 Max 8 aircraft crashed in Indonesia and Ethiopia. It's down around 16% from its all-time highs…

The Max 8 fleet is grounded for now; Garuda Indonesia is the first major carrier to cancel its Max 8 orders – $6.9 billion worth – and there's no telling who could follow. It may be a good long while before they can start flying, let alone selling, these planes again. So obviously, Boeing has taken a reputational hit as well.

Unsurprisingly, I've listened to a couple of Boeing investors lamenting their losses in recent weeks.

To them, I'd say: Look, I have no idea how all the investigations will end, or when they will end, but I suspect Boeing survives just fine.

And I have one solid piece of advice for them – and you – and anyone who's ever watched one of their favorite, hard-won stocks tank…


There's more than a little upside in doing just that...


10 Top Penny Stocks to Watch This Week and to Pick Next Week's Winners

Axovant Sciences just topped our list of the 10 top penny stocks to watch this week thanks to its 150% gain.

Fortunately, we've found a way to find stocks with even bigger profit potential.

Last Thursday (June 7), shares of Axovant jumped 44% on news that the company will license its experimental treatment for Parkinson's disease.

Axovant finished the week at $4.81, a gain of 150% on Monday's share price.

Axovant's gain shows how even small, little-known companies can surge higher thanks to catalysts like regulatory approvals...