The Dow Jones now could pop after Big Tech companies crushed earnings expectations Thursday.
The NASDAQ is now on the verge of hitting an all-time high of 11,000.
Read for more on the tech industry and the latest on the spread of COVID-19...
by Shah Gilani
Markets, equity markets in particular, are at a vulnerable place, today and the rest of this week. That's because the Mega-Cap Tech Darlings that have led the market higher are all at a similar inflection point – live or die, up or down.
What happens, which we'll find out before Friday's close, could delight or devastate markets.
Yesterday, the CEOs of Apple, Amazon.com, Facebook, and Google – whose companies are all under federal scrutiny – testified before the House Judiciary Antitrust Subcommittee.
That the pandemic meant the whole thing was done via videoconference is just a footnote. Whether our antitrust laws, which were mostly passed or amended between 1890 and 1976, are adequate to address these 21st century questions and practices, is a story for another day.
Amazon's Jeff Bezos, as The Washington Post noted, hadn't appeared before Congress before, though Mark Zuckerberg, Tim Cook, and Sundar Pichai of Facebook, Apple, and Google are old hat at this by now.
What was said isn't necessarily important – or anything we haven't heard before in one form or another.
It's what happens next – today – that could get interesting… Full Story
It's what happens next - today - that could get interesting...
The Dow Jones now is flat approaching the Federal Reserve's latest meeting on interest rates.
The central bank is not expected to lower rates.
Investors are also paying close attention to a busy day of earnings reports.
More on everything moving the Dow today, below.
Dividend stocks are great to own when market uncertainty is high, like it has been with a pandemic raging across the globe.
But finding reliable dividend paying stocks has been no easy feat right now.
But you don't have to go it alone in your quest for income investments.
We've done the research to uncover the companies with the best dividend yields, and most importantly, the balance sheet strong enough to keep paying them.
And high-yield dividend stocks are your best bet for adding income too.
You won't find any yield worth trifling with in any of the usual places.
The Dow Jones
by Shah Gilani
The NASDAQ Composite is on fire – just off its all-time highs, but heading back in that direction in a hurry.
Whenever this happens – and it never fails – out come the skeptical analysts and professional bears to make gloomy claims about how it's "too late" to buy into the mighty FAANGs: Facebook, Apple, Amazon, Netflix, Google/Alphabet, and, for good measure, Microsoft.
First, let me say, no, it's most definitely not too late to own these stocks. There's a reason the bears come out when the NASDAQ hits a high – and I'll tell you why today, so you know what to do next time the "experts" tell you these stocks have run their course.
I'm also going to show you the best FAANG-buying strategy I know of, so you can get in without paying full price… Full Story
The whole reason I do what I do is so that I can put in an hour of work every trading day and spend the rest of my time living the way I want. I've been able to help thousands of my subscribers do that, too, and everything I'm hearing suggests they love it.
To do that, I tune out 99.999% of what's going on in the stock market and focus like a laser on a handful of stocks that stand the best chance of making cold, hard cash this week.
Now, if you've been with me for a while, there are always seven stocks I trade every day. I buy 'em before 10 a.m. every day – the first 30 minutes of trading – and I take my profits, automatically, before 4:30 p.m. There's no buy-and-hold, no tying up my cash in hopes of a single-digit return in four months.
As for my "Everyday Seven," I'm talking about Amazon, Apple, Facebook, and four others I bet you'll recognize.
But in addition to those, I'm also watching for a select few other stocks that I know are going to provide lucrative action in any one week – or ideally, on any one day.
I'll share the list with you right here… Full Story
by Tom Gentile
Netflix, Amazon, Facebook, Google – they're most people's go-to stocks right now. They're the biggest in the world. And they have one major thing in common…
They're expensive.
GOOGL is currently trading around $1,500 per share, and AMZN is sitting at $3,100.
For most traders, it's just not worth it to buy shares for more than $1,000 each just to see gains of 10%, 15%, or 20%.
That's why I like to make money on these highfliers with a different tactic. It's one that costs only pennies on the dollar, and it comes with a chance to double my money. That's right – the payout is much bigger, and it arrives much faster.
See, instead of buying these stocks, I rent them. And today, I'm going to show you how to do just that with one of the crown jewels of the car industry – and by crown jewel, I mean a serious profit player.
I'm talking about Tesla. TSLA shot up 42% in the past two weeks alone, to around $1,400 a share. And with these four strategies for playing this lucrative stock, you'll get the chance to pocket some of that serious profit… Full Story
by Tom Gentile
In just the past two weeks, Facebook Inc. stock has fallen from $242 down to $216, only to climb back again to $245. It's under a microscope right now, with around 800 companies – including giants like Coca-Cola Co., Hershey Co., Ford Motor Co., and Unilever NV – having "paused" their extensive ad buys.
The world's biggest social media site hosts around 2.6 billion active monthly users, so it's the ballpark all advertisers want to play in. Together, they paid Facebook almost $70 billion to do just that in 2019.
But those advertisers (or, more to the point, those advertisers' everyday customers) want Facebook to do more to police the content that appears on its site. So this "pause" in ad buying is really a de facto boycott.
Now, however you feel about Facebook's politics, if you're an investor, "boycott" is a scary word.
Advertising is Facebook's bread and butter, and when that all-important revenue stream is threatened, for any reason, all kinds of questions come up about Facebook's near-term value as a buy-and-hold stock. As my colleague, D.R. Barton, Jr., told you last week, though, there's still good reason to bet on FB for the long haul.
And as I'll show you today, the best way to make money on Facebook right now is to trade it.
The smart move is "renting" Facebook for a couple of cents on the dollar; that'll slash our risk and potentially put a cool $1,000 in our pockets toward the end of the summer.
There's only a short time frame for us to set up this trade. Here's how it works… Full Story
There's only a short time frame for us to set up this trade. Here's how it works...
Social media giant Facebook Inc. is in hot water again.
This time, people are angry at the company's apparent refusal to take down hate speech, calls for violence, and other distasteful content from the network.
So far, more than 160 companies have signed up for the "Stop Hate for Profit" campaign, pledging to "pause" advertising on Facebook.
We're talking about big names like Ben & Jerry's, Coca-Cola, Hershey's, Honda, Levi Strauss, Starbucks, The North Face, Unilever, Verizon, and many more. All of these companies will not be buying Facebook ads in July, and some are going even further.
Since almost all of Facebook's $70 billion in revenue comes from advertising, this is hitting CEO and founder Mark Zuckerberg right where it hurts.
Or at least, that's what we're being told.
As the advertising boycott really took off last Friday, Facebook stock dropped 8.32%. Zuckerberg himself lost about $7 billion in wealth because of it. Stock markets as a whole went down partly because of this.
But don't believe the hype. Facebook will not only survive this scandal; it will grow even bigger.
In fact, this is a great opportunity to buy the dip. Here's why… Full Story
In fact, this is a great opportunity to buy the dip. Here's why...
