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Stocks

One Renewable Energy Stock Is About to "Leapfrog" the Whole Industry

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There's an incredible omen for renewable energy stocks heading into 2021, setting it up to be a landmark year for the sector.

The International Energy Agency (IEA) said the per-watt cost of solar electricity finally fell below fossil fuels last year.

Renewables are the future.

But investors don't have to wait to find profits.

A select group of renewable energy stocks could explode much higher and much faster than the rest of the industry.

Analysts call it a "leapfrog" over existing energy models.

That could send one renewable energy stock near doubling over the next year.

Energy

As Oil Declines, These Six Renewable Energy Stocks Can Hand You Profits

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In July 2008, oil hit an all-time high of $147.27.

And since then, it's been in a choppy 12-year downtrend.

Then after hitting an all-time low this past April, it's currently sitting at $42 a barrel.

While you shouldn't completely dump oil stocks, as savvy traders we've found a new way to profit on energy by shifting our thinking…

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Trading Strategies

The One Energy Stock I'm Buying Now

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Despite poor earnings performance, investors reacted positively to BP's recent announcement of a new green initiative, causing BP shares to rise nearly 8%.

But our Andrew Keene isn't seeing eye-to-eye with those rushing to purchase some shares of BP right now.

So here's what to buy instead if you want to profit...

Trading Strategies

Brace for More Fear and Panic on Wall Street as Markets Tumble

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Monday's stock market declines weren't unexpected, though the extent of losses was shocking.

Investors had been selling stocks for the previous two weeks on coronavirus fears, starting immediately after U.S. benchmark indexes made record highs on Feb. 12, 2020.

A "dead cat bounce" last week didn't fool seasoned traders, who saw huge inflows into U.S. Treasuries last week as a warning sign there was more equity selling to come.

As COVID-19 hotspots cropped up across the globe and infections rose along with fatalities in U.S. cities and states over the weekend, right on cue, sell orders flooded brokerages before markets even opened Monday morning.

So many sell orders in fact, markets couldn't open. Instantaneous and extraordinary selling knocked stocks "down limit," or 7%, at the open, triggering a "circuit breaker" halt to trading for 15 minutes.

After 15 minutes, exchanges let stocks trade again, and they fell another 1% before buyers, probably computer-driven algorithms, started buying beaten-down names like Microsoft and Amazon.

But buying volume was thin all day, and sellers more often overwhelmed attempts to lift stocks higher.

Stocks closed 144 points off their session lows of 2,158, ending down 2,013.76 points to 23,851.02. That's a 7.79% drop in one day and a 19.3% drop since Feb. 12.

Most evident in yesterday's carnage were the market's worst enemies: fear and panic. That tells me something about what I'm watching today… Full Story

Most evident in yesterday's carnage were the market's worst enemies: fear and panic. That tells me something about what I'm watching today...

Penny Stocks

The 3 Top Penny Stocks to Watch in 2020

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Stocks are hovering at all-time-highs to close the year.

And one of our top penny stocks to watch is riding the tide.

Because of their low share price, penny stocks can generate huge percentage returns in short amounts of time.

And this penny stock is poised to soar 153%.

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Dow Jones

The Dow Jones Today Will Jump as Fed Plans Rate Cut

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The Dow Jones today is up as investors continue to cheer an expected rate cut later this month by the Federal Reserve.

Fed Chair Jerome Powell will testify today before the Senate Banking Committee, a day after speaking with the House Financial Services Committee.

Powell said the Fed is likely to more actively support economic growth due to the recent stalling in business investments across the country.

Read more here...

Stocks

3 High-Yield Dividend Stocks to Buy Now

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Investors seeking to buy high-yield dividend stocks need to know where to look.

With market conditions mimicking pre-recession – an inverted yield curve, debts, and late payments on the rise – profiting from dividends looks more and more like striking gold.

But with the right strategy and a little know-how, we figured out the top high-yield dividend stocks to buy now.