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DSW Inc

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2 CBD Stocks That Are Worth Investing In

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The CBD market was worth $813 million by the end of 2019, according Statista.

But we here at Money Morning think the market could conservatively grow 146% to $2 billion by the end of 2020.

And a recent forecast made by leading cannabis researchers BDS Analytics and Arcview Market Research projects the market could pull in $20 billion by 2024.

That would represent 2,360% growth from today.

So today, we're going to show you how the CBD industry can grow to a multibillion-dollar market.

And we'll even give you two of the best CBD stocks to buy to get you started.

Read more...

Trading Strategies

Why Bears Will Enjoy "Best in Breed" Profits This Month

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The "September slide" this past week has been excellent for my paid-up subscribers – even some positions that had been sluggish moved higher – because we were well prepared for stocks to gap lower.

We closed out two more winners in Western Digital Corp. puts, and on the "other side" of the market, DSW Inc. calls for a nice 174% and 78% in gains.

Those results certainly show how our proven "Best in Breed" (BIB) stock-picking methodology works hand in hand with portfolio balance. A mix of calls, puts, bullishness, and bearishness has helped us capitalize on the market's recent swings.

Right now, BIB is showing retailers as an area of strength for the next couple of months, which is why I've been so bullish on them here in Money Morning recently – just look at our DSW position. 

Meanwhile, BIB bull's-eyed the technology sector as a laggard, and sure enough, it's no longer leading the market higher. Puts in WDC yielded a huge profit. And our other bearish plays in the sector are bouncing back in our favor.

Now let's take a look at what the market's showing us for the next four weeks or so...