PYPL

Paypal Holdings

Cryptocurrency

How to Turn This Bitcoin Volatility into Big Profits

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So… it's been a heck of a week, right? And I'm not necessarily talking about what happened in D.C.

Bitcoin just went through what might be its most dramatic week in years, maybe the most dramatic ever.

Now, Bitcoin is famous for volatility and drama, but the past couple of days have seen volatility on a whole other level.

In less than seven days, we've seen the digital currency move from the low $30,000s to come within striking distance of $42,000… and back down to the low $30,000 before stabilizing in the $34,000 range. Talk about a roller coaster.

That leaves us with two big questions…

  1. What's causing these violent price movements?
  2. Where could Bitcoin go from here?

Knowing the answers to those questions is the key to cashing in right now, and as I'll show you in a second, it's all here in these charts. Let's jump in… Full Story

Knowing the answers to those questions is the key to cashing in right now, and as I'll show you in a second, it's all here in these charts. Let's jump in...

Bitcoin

Why Ripple’s Problem Means Huge Bitcoin Profits

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There’s a huge controversy surrounding Ripple (XRP) right now – basically, Ripple insists it’s a cryptocurrency, but the SEC says it’s an unregistered security.

Andrew sees Ripple coming under increasing pressure as more exchanges pull the ripcord.

And that brings us to Bitcoin – the coin he’s expecting to be a huge beneficiary of all this….

Read more...

Stocks

The 3 Best Cheap Growth Stocks to Buy Now

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The common wisdom among most professional investors right now is that growth stocks are overvalued.

If you look at the top-tier big-name growth stocks, there is some truth to that.

The coronavirus stocks like Zoom Video Communications Inc.

(NASDAQ: ZM), DocuSign Inc.

(NASDAQ: DOCU), Amazon.com Inc.

(NASDAQ: AMZN), PayPal Inc.

(NASDAQ: PYPL), and others are indeed at nosebleed valuation levels.

These stocks have seen a massive upswing as we all stayed home more and looked for ways to avoid the virus.

While they are all wonderful businesses, many of them currently trade for multiples of sales and cash flows that would make the internet bubble stocks of the late 1990s blush with envy.

As big a story and as exciting as the coronavirus stocks have been, they are not the whole American business story.

There are still plenty of companies that are growing cash flows and earnings at a robust pace..

Read more...

Options

Best Call and Put Options to Trade Right Now

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With three COVID-19 vaccines getting close to approval and production, there truly is an end in sight to this year's virus and lockdown nightmare.

The question for traders is what to buy as the economy roars back to life.

After getting smacked down in 2020, you can bet that the public is itching to get back to normal.

That means unleashing huge pent up demand for goods, services, business upgrades and travel.

And our experts can help you find the biggest opportunities right now.

Today, we'll show you the best call and put options trades our experts have uncovered.

Read more...

Earnings

How to Play PayPal's Earnings Before They Hit on Nov. 2

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I see it every time earnings season rolls around, and it always bums me out: Millions of investors try to pick the right stock to buy at the right time for the right price, hoping maybe the company they've picked beats earnings estimates this time.

If they're right, they can pocket 7%, 10%, 15% in profits. If they're wrong, oh well – there's always next quarter.

It might sound like investing, but it's not all that different from rolling the dice or betting the ponies. Going through earnings season like that is a gamble – one that no one needs to make. It's even riskier during a global pandemic when companies are either crushing it or barely getting by.

You don't need to leave money on the table, though, or sit earnings out. You don't have to risk for the chance to pocket a little.

The smarter, safer, and just plain more profitable way to speculate on corporate earnings is to trade them. That way, you're in and out, counting your gains before the report hits the Street.

You don't necessarily need management to hit a home run; the stock doesn't need to skyrocket, it just needs to move.

And you don't have to take my word for it, either. I'm going to show you how this works with a company I suspect just put a very solid quarter on the books: PayPal.

This trade has a great risk/reward ratio, and you can put it on today, right now. In fact, the sooner the better… Full Story

This trade has a great risk/reward ratio, and you can put it on today, right now. In fact, the sooner the better...

Stocks

Why the "Amazon of Latin America" Is One of the Best Stocks You Can Buy Now

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Amazon.com Inc (NASDAQ: AMZN) and online shopping have become synonymous at this point.

With 12 million products ranging from groceries, media services, toys and almost any kind of electronics you could imagine, there is almost no need to shop anywhere else.

Consumer surveys run by eMarketer have even shown that nearly half of U.S. Internet users started product search on Amazon, beating out Google for the number one spot.

But that's just the United States.

That is why I am so exciting about MercadoLibre (NASDAQ: MELI), a company that people are calling the Amazon of Latin America (LATAM).

stocks

Markets Live Recap: Stocks Rise Despite 3.17 Million More Unemployment Claims

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The U.S. weekly jobless claims number increased another 3.17 million people (versus the 3.05 million expected by economists) today.

That brings the total to 33.5 million Americans unemployed over the last seven weeks.

Stocks shook off the news, however, as the Dow rallied 0.9%.

The Nasdaq rose 1.4% as investors buy into technology stocks that are less likely to be affected by government shutdowns.

Oil was up 10% in the first half of trading, but closed down 3% in a volatile session.

And interestingly enough, gold was up 2% while Bitcoin popped 6%.

Typically, gold is negatively correlated to stocks and goes down when the market goes up.

Here's why our experts – Chris Johnson, D.R. Barton, Jr., and Shah Gilani – think stocks are likely to experience more pain to come.

And why gold (and Bitcoin) might be the big winners over the next couple years...