The short squeeze is still the market’s hottest trade for a good reason; the profits are still as big and fast as they ever were.
But two insanely popular, widely held short squeeze stocks, despite popping quadruple digits, are set to fall and should be sold ASAP.
Andrew Keene says to sell this morning, in fact.
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As we saw with GME.
AMC, BBBY, and others not long ago, stocks experiencing a short squeeze can experience fast, almost violent bursts of profits as hedge funds scramble for the exits.
Our Andrew Keene is watching two short squeeze stocks with extreme profit potential right now.
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I just published a must-see video where I run down 50 stocks – what you should buy, what to sell, and, the best part, exactly how to do it with less than 500 bucks.
You can check that out here, but the retail story is so big, and so many financial media outlets have it so wrong, that I wanted to put these picks front and center today.
We're in the third quarter of 2020, and we've already seen 43 bankruptcy filings – just five fewer than in 2010, which was the Great Recession's worst year for retailers.
So, with four months left in the year, we're well on pace to see records broken. It's not unrealistic to talk about bankruptcies hitting the hundreds.
Now, turn on your television, and you'll hear all about how it's the U.S. consumer driving this – and that's not necessarily wrong, but what few realize is the problem goes deeper than that.
There's a problem with the way retail "works" right now that could blindside a lot of folks. So I want to tell you what's really going on and where I think the best bets are… Full Story
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Investors can expect the Dow Jones Today to remain steady.
But a stable tech sector will offset uncertain Brexit developments and the latest news on Dow component Boeing Co. (NYSE: BA).
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The top three stocks to watch for today are DIS, GSK, and EXPR.
For the first time in six years, the barometer for global economic health has increased by over 9%.
Here's what you need to know this morning...
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