Shah Gilani picks out the best cheap stock options to buy now.
The Three Best Cheap Stock Options to Trade This Week
Let's hit the ground running...
by Shah Gilani
Shah Gilani picks out the best cheap stock options to buy now.
Let's hit the ground running...
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The economic lockdown following the pandemic hasn't just made our lives radically different, it's also creating radical opportunities in the stock market.
Nowhere is that more true than for options, especially as free platforms like Robinhood make it even easier for traders to cash in.
Today, we're going to show you how to harness the changes brought on by COVID-19 into profits with the best options to buy in Robinhood.
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Another 2.13 million Americans filed for unemployment over the past week, once again outpacing Wall Street's estimate of 2.05 million.
That means, nearly 41 million Americans have submitted jobless claims since the coronavirus pandemic gripped economies around the world.
That news was overshadowed by the by the four million people who discontinued their unemployment benefits over the same timeframe.
Continuing jobless claims fell from 25 million last week to 21 million this week.
That's largely due to states reopening their economies to various extents.
Stocks rallied for most of the trading session, with the Dow up 0.8% mid-day.
But then the big news of the day occurred at the end, when President Trump announced he will be giving a news conference regarding the China situation with Hong Kong tomorrow.
Here's what our experts – Chris Johnson and Shah Gilani – saw throughout Thursday's volatile trading session.
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The Dow Jones today is flat after the Dallas Fed chief said that the U.S. economy looks "weak" in the fourth quarter, which could impact earnings statements and the broader markets in the months ahead.
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The Dow Jones Industrial Average is expected to stay flat after a CNBC report that China has accused the United States of "naked economic terrorism" due to its demands around its state-run economy.
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One thing is clear: Investors need a backup plan in 2019. With the markets frothy and investors concerned about the Brexit, U.S. and Chinese trade relations, and a potential crisis in Venezuela and Iran, volatility in the markets is the new norm.
In times of growing uncertainty, investors may choose to buy "defensive stocks."
Today, we have the three best "defensive" stocks to buy in 2019...
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The Dow Jones Industrial Average fell slightly in premarket trading this morning, falling seven points as markets gave back a small fraction of Wednesday's gains.
The Dow surged Wednesday thanks to a surprising speech by Federal Reserve Chair Jerome Powell.
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The Dow Jones Industrial Average fell 60 points this morning as global markets monitored a sudden decline in emerging market currencies.
The Argentine peso slumped to a new record low against the U.S. dollar on Thursday.
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Thanks to the Fed, we could be on the road to the next recession.
Fortunately, we have a defensive stock that can help protect your portfolio.
In fact, it climbed over 60% in 2008 during the height of the last financial crisis...
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