DKNG

Stocks

How to Profit from the Tech Sector’s Accelerating Decline

by

Cathie Wood’s ARK Invest was a poster child for success in 2020.Between the March 2020 “COVID Crash” lows and February 2021, its top exchange-traded fund, ARK Innovation ETF (NYSEARCA: ARKK) gained more than 313%.This made ARKK one of the top-performing ETFs, and thrust ARK honcho Cathie Wood into the spotlight as a top stock picker.

So, let’s dig into the data set – it reveals some pretty shocking things about the state of the tech sector in general…

Stocks

Forget the Haters - DraftKings Stock Has 116% Upside by 2022

by

DraftKings Inc. (NASDAQ: DKNG) has been all over the headlines the past few weeks after Hindenburg Research published an article accusing the company of operating black market gaming, money laundering and business with organized crime.

The report drove DKNG down as much as 12%, but the real story is that DraftKings was targeted by a greedy short seller with incentive to drive its stock down.

Hindenburg has a history of driving down share prices with similar reports, but we this time it will backfire.

DraftKings is still an excellent stock to own, and thinks to the naysayers like Hindenburg, it's at a great price.

Here's why you can ignore the haters and turn this into an opportunity.

Stocks

Short-Sellers Just Put the Market’s Best Gambling Stock on Sale

by

A notorious “investment research” firm published an explosive report on alleged wrongdoing at DraftKings; the stock lurched more than 11% lower in just a few hours.

Trouble is, the “researchers” have a lot to gain from the stock’s decline, and this isn’t the first time they’ve released a “report” like this.

DraftKings was looking good already, now it’s irresistible… .

Read more...

Stocks

Why the Penn National Stock Dip Isn’t Worth Buying

by

Penn National stock shares took a 25% haircut over the last month.

That might look like a great opportunity to buy the dip on an exciting stock in an exciting industry.

But there's more to the story here.

And more risk.

Here's our breakdown of why the stock is moving down and why it will need an even bigger dip to get on our "buy" radar.

Stocks

Why the Buzz ETF Is a Stock Trader's Dream

by

Barstool Sports is taking their social media clout to another level.

Founder Dave Portnoy helped launch a brand-new ETF called the VanEck Vectors Social Sentiment ETF (NYSEArca: BUZZ).

In true Barstool fashion, the video announcing BUZZ was tacky, tasteless and many think may be the final straw that forces index providers to register with SEC for the first time ever.

But it was effective.

Before you rush off to add this ETF to your trading account, let's see if the juice is worth the squeeze...

Stocks

The 2 Best SPACs to Buy Now

by

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.

.

And this trend is probably not going to end anytime soon…

Stocks

Why DraftKings Stock Is a Must Own Now

by

The presidential election may have gotten most of the headlines, but quietly three states (Maryland, Louisiana, and South Dakota) were all voting on another important issue: sports gambling.

All three states voted to pass bills that will legalize sports betting starting next year.

That should prove to be a major catalyst for sports gambling stocks into 2021 and beyond.

And DraftKings Inc.

(NASDAQ: DKNG) stock is set to be the biggest winner out of all them.

I'll show you why…

Read more...