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Lowe's Companies

Trading Strategies

These "Walk Down Main Street" Stocks Could Double Your Money

On a normal weekend, I make the opportunity to hit a few retail centers to gauge the ebb and flow of the consumer. During my regular morning Markets Live stream, I like to share my "Walk Down Main Street" stock recommendations with the audience. Today, I'm sharing them with everyone.

A "Walk Down Main Street" is just like it sounds.

Find your local Main Street – a popular shopping street or mall…

Open your eyes, put one foot in front of the other, and take a walk.

Check out which stores are popular, which are dead. Take note of what people are wearing, and where their shopping bags come from.

By the time you're done with your stroll, you'll have a handy list of better, more profitable trading stocks than anything you can read about in The Wall Street Journal.

Last week, I hit four different shopping "areas" not far from me in Cincinnati. I usually hit a specialty store, a shopping mall (or two), a bunch of discounters, and some grocery and department stores.

Pace yourself, but generally, the more you see, the more profits you stand to make.

Here's what I found… Full Story

Here's what Chris found...

stocks

Markets Live Recap: Facebook and Amazon Rally to New All-Time Highs

Stocks rose sharply today as investors bet on a successful economic recovery with more states easing their stay-at-home policies.

Facebook Inc. (NASDAQ: FB) and Amazon.com Inc. (NASDAQ: AMZN) led the way, both closing at new all-time highs.

The Dow was up 1.5%, the S&P 500 closed 1.7% higher, and the Nasdaq rallied 2.1%.

Here's what our experts – Chris Johnson and Shah Gilani – saw live at the open and close of the trading day.

Read more...

dow jones

Dow Jones Pops 300 Points on Hopes for Economic Recovery

The Dow Jones is climbing today despite an expected 38% decline in GDP for the second quarter.

Investors still have hope for recovery as several states work to reopen their economies.

This morning, Lowe's Companies (NYSE: LOW) reported quarterly results.

Investors cheered news that homebuying rebounded nicely after the COVID-19 scare.

Weekly mortgage applications came in just 1.5% lower than this point last year, a massive recovery from one month ago, when applications were off 35%, year-over-year.

Read more...

fast profits

How to Play This DIY Stock Breakout

As stay-at-home restrictions are lifted on state at a time, this home improvement stock is getting a huge boost.

It's been on the rise since mid-March, and with an earnings report around the corner, several money-making catalysts are about to converge into one big breakout.

Fast Profits guest Chris Johnson says this trade is going to move fast, so don't hesitate: we're expecting to get in, get out, and profit by late June.

Check it out on the latest from Fast Profits, before this stock takes off...