The week is half over, but there are still plenty of earnings season profits to take down before Friday. Like I said last week, we're right in the thick of one of the heaviest reporting periods for quarterly earnings.
This is what you might call a "target-rich" environment, with opportunities left and right.
And one of the juiciest targets is going to show itself tomorrow night, and, believe it or not, most traders aren't looking at it right now.
That suggests there's serious money to be made there, so get ready to move...
As I predicted in my 2017 outlook a few weeks ago, tech is off to a screaming start to the year. The tech-centric Nasdaq is up close to 3.2% versus the S&P 500's 1.45%.
Here's the key: As the years go by, Silicon Valley will be providing more and more of the technology that's becoming critical to our society's existence, like broadband and mobile communications, wearable tech, sensors, virtual and augmented reality, and medtech.
But here's the thing. Virtually none of that can exist without the fundamental component I'm going to tell you about right now. It's absolutely indispensable to innovation, miniaturization, mobilization, and utilization.
This little part enables the global spread and adoption of technology – and you bet it enables massive tech profits, too.
So the play I have in mind has lots of upside wired in...
The market is trapped in a tight sideways box and a true "wait and see" attitude toward the Trump administration.
by Alex McGuire
As one of the world's most innovative companies, the debut of SpaceX stock is a much-anticipated event.
But Elon Musk's moonshot company has seen its fair share of failures in recent years.
The Dow Jones Industrial Average today is sliding as investors await speeches from three members of the Federal Reserve.
Let's look at the numbers for today, Jan. 9, for the Dow, S&P 500, and Nasdaq.
My colleagues have been busy making lists of "Donald Trump stocks."
I've done some of that myself.
But maybe we should rethink that a little.
Trump has said he plans to act more like a chairman of the board, while Vice President-elect Mike Pence and the cabinet handle the nitty-gritty of government.
So maybe we should be talking about "Elaine Chao stocks"…
After all, Trump's pick for secretary of transportation will head up much of the president-elect's $1 trillion infrastructure improvement plan.
But more importantly to our interests here, she'll be in charge of regulating self-driving vehicle technology.
If Chao's history as deputy secretary of transportation under George H.W. Bush and secretary of labor under George W. Bush repeats itself, that's good news, because she's known for a light regulatory hand.
To us, that means public companies in the self-driving space are likely to see a big boost in share price over the next four years.
Especially the one we're looking at today.
You can already find its "pre"-autonomous driving technology in many of the most prestigious nameplates.
Its technology is the force behind two of the most "public" driverless car tests over the past couple of years.
And its shares are primed to soar as much as 40% in the next year alone.
Let's take a closer look at this "Elaine Chao stock"...
You'll soon find chatbots in most "smart" tech, and this firm is leading the way.
With the potential to soar 115%, it's the best way to play the AI sector...
The Dow Jones Industrial Average today is rising despite the Quitaly vote results Sunday.
Hyperloop tech is evolving into more than just a transit innovation.
In fact, this platform has the potential to grow your money tenfold. Learn more here...
by Jack Delaney
Donald Trump and tech stocks aren't getting along right now.
From Nov. 9 to Nov. 14, Facebook dropped 4.7% and Amazon dropped 4.76%.
