Tech stocks have been the superstars of the market in 2020.
Two of the leading cloud and data management stocks appear to have incredible long-term opportunities.
Both have already had huge gains in 2020, but the outlook shows massive gains for the years ahead as well.
Today, we're looking for the better buy: Snowflake (NASDAQ: SNOW) or Fastly (NASDAQ: FAST).
Start the conversation
Comment on This Story
Or to contact Money Morning Customer Service, click here.
The U.S. weekly jobless claims number increased another 3.17 million people (versus the 3.05 million expected by economists) today.
That brings the total to 33.5 million Americans unemployed over the last seven weeks.
Stocks shook off the news, however, as the Dow rallied 0.9%.
The Nasdaq rose 1.4% as investors buy into technology stocks that are less likely to be affected by government shutdowns.
Oil was up 10% in the first half of trading, but closed down 3% in a volatile session.
And interestingly enough, gold was up 2% while Bitcoin popped 6%.
Typically, gold is negatively correlated to stocks and goes down when the market goes up.
Here's why our experts – Chris Johnson, D.R. Barton, Jr., and Shah Gilani – think stocks are likely to experience more pain to come.
And why gold (and Bitcoin) might be the big winners over the next couple years...
Start the conversation
Comment on This Story
Or to contact Money Morning Customer Service, click here.
The Dow Jones today is pointed high as markets anticipate a limited trade deal between the U.S. and China.
Tech and banking stocks rallied in premarket hours as investors poured back into the market with renewed hope.
Start the conversation
Comment on This Story
Or to contact Money Morning Customer Service, click here.
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.
Start the conversation
Comment on This Story
Or to contact Money Morning Customer Service, click here.
We're betting this Fast Profits trade could bring you gains of up to 100%.
Start the conversation
Comment on This Story
Or to contact Money Morning Customer Service, click here.
Money Morning Chief Investment Strategist Keith Fitz-Gerald just showed you a play that could – if you play it right – be the most profitable one you'll make all year.
Here are your detailed trading instructions...
Start the conversation
Comment on This Story
Or to contact Money Morning Customer Service, click here.
Here's the fastest way to make a 50% gain this earning's season…
Here's the fastest way to make a 50% gain this earnings season...
Start the conversation
Comment on This Story
Or to contact Money Morning Customer Service, click here.
One of my favorite, most powerful tools that's been at the heart of my trading for more than 20 years is short interest.
In fact, I love it so much, I've written about it before, showing how I use it to help pick the best stocks for my Seismic Profits Alert subscribers.
Start the conversation
Comment on This Story
Or to contact Money Morning Customer Service, click here.
When I started Total Wealth I promised you that we'd take a good hard look not only at the best investments, but also exceptional short-term trading opportunities when they arose.
Like the one I see developing as I type.
Start the conversation