A few other beaten-down, Redditor-controlled stocks aren't faring any better than GameStop.
But there's still money on the table here, so Chris recently found a "back door" trade for a fraction of the cost and risk of coming anywhere near these "radioactive" stocks and options… .
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Catchphrases like the "Death of Retail!" or the "Retail Apocalypse!" have been flying all over the media for around a decade now. Whales like Amazon and Walmart have been crushing the competition since way, way before the coronavirus upended life and commerce around the world.
Just take a look at this exchange-traded fund. I've been talking about it in my Markets Livestream because it's returned almost 5% this year. I'm talking about the ProShares Decline of the Retail Store ETF. And get this: It's trading under the ticker EMTY.
The name and ticker say it all, but still… Ouch. Someone on Wall Street has an edgy sense of humor…
In 2019, more than 9,300 store closings were announced, and the COVID-19 pandemic promises to eclipse that grim record. I'm reading now that Cushman & Wakefield estimate a whopping 12,000 big chain stores could fold in 2020.
Look – it would be unfair to lay all of this at the feet of Amazon and Walmart; for retailers, business conditions can be fluid at the best of times, and the COVID-19 pandemic has been absolutely brutal for most of the consumer spending-driven U.S. economy.
So the big players have clearly cemented their positions. But here's the thing: They're not the only game in town. Nor is all retail dead – not by a longshot.
It's just that, to use an "SAT word," retail has almost completely bifurcated; there are now two separate retail sectors emerging.
Let me tell you all about the one you want to be in for the long haul… Full Story
Let me tell you all about the one you want to be in for the long haul...
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Most investors cringe when they hear the term "technical analysis."
And I get that: With a "short list" of about 75 terms, the technical-analysis realm can be a complicated one.
But it doesn't have to be.
I've been doing this for a long, long time.
So I can tell you that the real short list can be whittled down to just one single indicator.
That's right – just one.
And once you've fully grasped this one technical indicator, you can make the leap from "investing" to "trading" – where the biggest profits are attainable.
Today, I'm going to introduce you to technical trading. I'm going to tell you all about the only technical indicator you need to understand.
And I'll finish by setting you up for your first technical-analysis-driven trade… Full Story
And I'll finish by setting you up for your first technical-analysis-driven trade...
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