This week, I did a little experiment.I reversed many of the data feeds I sought for relatively strong companies and instead focused on the worst companies in the market.Because I want to know who is going out of business… .
Richard Branson took his Virgin ride into space this weekend and as a reward, shares of Virgin Galactic plunged 18% today.
That might seem perplexing, but we're going to show you why.
And for those excited by the company's prospects now that it lodged a major milestone in the commercial space race, we'll also show you our long-term SPCE stock forecast.
Virgin Galactic (NYSE: SPCE) successfully flew to space for the first time since 2019 on May 22 (Saturday).
As a result, the stock jumped 24% the following Monday.
But Virgin Galactic stock has much higher to go in a space industry poised to reach $1 trillion by 2040, according to Morgan Stanley.
That's nearly triple its 2020 value of $350 billion.
Virgin Galactic will almost certainly share in that growth.
The successful test flight represents a giant leap forward for the company's plans to lead human spaceflight for individuals and researchers.
Cathie Woods and her team have launched and managed some of the hottest ETFs in the industry over the past several years.
Now they're debuting the latest offering from Ark Investments: The ARK Space Exploration and Innovation ETF (BATS: ARKX) launched on March 30, 2021.
After the wild successes of Ark's Genomic Revolution ETF (BATS: ARKG), up 164% in the last year, and Innovation ETF (NYSEArca: ARKK), up 154% in the last year, investors are already lining up ready to buy into this one.
If you're wondering if ARKX deserves a sport in your portfolio, then you're in the right place.
While it's a mistake to bet against the bull market in the long-term, it's also sensible to pay attention to what the market's telling you.
And right now, it's flashing some warning signs.
No, that doesn't mean you should run for the hills.
In fact, it can be pretty easy to make out like a bandit when stocks dive….
We can make a lot of money with the best SPACs to buy now.
We have already seen some deals double or more once a deal was announced this year… Draft Kings Inc.
(NASDAQ: DKNG) has soared by five times the IPO price of $10.
And Virgin Galactic Holdings Inc.
(NYSE: SPCE) has given its investors a return of 2.5 times the IPO price so far.
If you look around the Internet at various stock market-related sites and groups, it quickly becomes clear that SPACs are the hottest game in town this year.
Special purpose acquisition companies, or SPACs, have been all the rage with investors this year.
These special companies give investors a new way to invest in IPOs and some of the hottest companies on the planet.
Even better, investors have the chance to reclaim their investment if they don't like the deal their SPAC makes.
As usual, there's more to the story than that, and we're here to help.
To help you understand what these investment vehicles are and whether they're worthy of your money we're taking a deep dive into them today.
We'll show you exactly how these investments work and we'll show you the best SPAC stocks to buy now too.
The SpaceX Falcon 9 rocket launched astronauts to space for the first time on May 30.
They went travelling from NASA's Kennedy Space Center in Florida to the International Space Station in…space.
That's one small step for humankind. But we think it could also be a profit opportunity for you.
Stocks fell sharply today as investors continue to evaluate the United States' ability to reopen the economy.
The Dow, S&P 500, and Nasdaq all closed about 2% lower for the day as the volatility/fear index (VIX) spiked over 14%.
That's even on news that House Democrats unveiled their latest $3 trillion coronavirus relief bill…
Here's what our experts – Chris Johnson, D.R. Barton, Jr., and Shah Gilani – thought about the volatile move today, and which stocks investors should be focusing on to smooth out the bumps in their portfolios.
Had you bought Amazon back in December 2014, you'd be sitting on a 600% gain right now.
Boeing in January 2009 would have given you 863% by now. And purchasing shares of Apple in December 2008 would have returned 2,583% today.
These are incredible returns that could have turned as little as $500 into $3500, $4815, even $13,415…
But there's a catch. It would have taken you years to get there. In the case of Apple and Boeing, it would have taken over a decade.
Investing in the technologies of the future is lucrative, sure. But it's a long-term investment – and why wait to make that kind of cash if you don't have to?