by Stephen Mack
Trying to pick winners in a booming sector can deliver tremendous profits – or it can leave you empty-handed if you make the wrong choice.
"Pick-and-shovel" plays let you profit no matter which companies win the race.
Here are five reliable profit opportunities in today's fastest-growing sectors.
In the first week of February, stocks tumbled 10% – defined as a correction – from their all-time high on Jan. 26. Before that, the S&P 500 had climbed mostly without interruption since the last correction in mid-2015.
Sudden corrections certainly seem scary as they're happening. But in reality, they present investors a rare opportunity to purchase high-quality stocks at a discount to their true value.
Dow futures showed signs of recovery after moving into correction territory in late trading yesterday. This was largely in response to congressional efforts to avoid a government shutdown.
Congress' slow progress on passing a new funding bill led to a government shutdown at midnight on Thursday. However, both Chambers of Congress passed a new bill in the early morning hours to keep the government open for another two years.
Yesterday, stocks saw their largest single-day losses for the Dow (in terms of points) since August 2011.
At one point, the Dow fell nearly 1,600 points before climbing back to finish the day down 1,175 points, or -4.6%.
All told, since peaking at 26,616.71 on Jan. 26, the Dow Jones fell 8.5%, to 24,345, by Feb. 5.
While the drop had many on Wall Street panicking, that's not even considered a correction, which is defined as a drop of more than 10%.
Here are the 10 largest one-day percentage plunges in U.S. stock market crash history...
I sure hope you've heeded my repeated warnings.
Bitcoin went into free fall before coming to a rest at $9,199.59 early last Wednesday, some 52% below its all-time high as a worldwide digital sell-off intensified – roughly 19% of which happened in less than 24 hours. To put this in perspective, you're talking about a $30 billion buzzcut that would have wiped GoPro, Fitbit, and Twitter, combined, from the face of the earth.
Ethereum and Ripple – which are the second- and third-largest cryptocurrencies – fell about 30% and 27%, respectively, over the same time frame.
All three have since bounced back a bit but – mark my words – this will not be the last cryptocurrency crash.
So it's important you know how to trade the next one when it happens...
Instead of buying Bitcoin directly, risk-averse investors can play the crypto market by buying Bitcoin stocks.
These stocks may not climb as quick as Bitcoin, but they still can offer double-digit gains in a short time.
However, not every Bitcoin stock is worth buying. We have the two that need to be on your radar...
The Dow Jones today is off to one of its best starts to a New Year in more than a decade.
Dow futures are down 12 points this morning despite high optimism for technology stocks. Today, one of the most important events in the tech sector, the Consumer Electronics Show, kicks off and will likely fuel significant optimism for the sector all week.
Tough to believe, but it's true: The technology sector has lagged the broader markets for the last month or so.
I'll show you why that's happening; it doesn't change the business case for owning tech one little bit.
In any case, that downward pressure is about to pull a spectacular 180. I'm going to show you exactly what you can do to put yourself in front of all the upside coming your way.
by David Zeiler
Self-driving car stocks are in a sweet spot right now, poised to benefit from a surge of investment that will fuel the growth of a $2.2 trillion market.
That's 33 times the size of today's driverless car sector.
Cumulative investment by companies into self-driving car technologies took off last year, rising from $11 billion to $80 billion in less than a year.
These are the self-driving car stocks that stand to profit the most...
by Stephen Mack
Our latest list of best stocks to buy comes just in time to capitalize on the stock market's best-performing month of the year.
Plus, for each category, we add a holiday bonus pick to boost your profits even more.
Don't miss these opportunities.
