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stocks

Markets Live Recap: Why Stocks Went Up Today

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The Dow Jones Industrial Average was down nearly 800 points in early market trading this morning.

But stocks staged a mid-day comeback, climbing back to positive territory by the early afternoon.

The biggest news of the day came from the United States Federal Reserve.

The central bank announced it will begin purchasing individual corporate bonds, in addition to the ETFs it's already purchasing.

That fueled the Dow's rally even further as the index closed 157 points higher by the end of the trading session.

Here's what our experts – Chris Johnson and Tom Gentile – saw throughout the volatile trading session.

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stocks

Markets Live Recap: The Dow Falls Nearly 7% as Coronavirus Cases Spike

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Stocks suffered their biggest pull back in three months as another 1.5 million Americans filed for unemployment and coronavirus cases spiked in states that reopened parts of their economies.

Traders quickly moved to sell their positions as the Dow dropped 6.9% on the trading session.

Investors bid the S&P 500 45% higher from its March lows on hopes of a fast recovery.

But a new spike in cases is certainly going to take a toll on a number of businesses.

Retail and airlines were two of the hardest hit industries on the day.

Here's what our experts – Chris Johnson and Shah Gilani – think is going to happen tomorrow and how investors should be positioning themselves before the weekend.

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Trading Strategies

This Portfolio "Fire Insurance" Could Put 24.8% in Your Pocket

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Let me paint you a picture: Imagine your house, safe and sound. You want to insure it, so you buy a policy and pay regular premiums on it. Of course, if the unthinkable happens, you're covered.

Now imagine you've got no policy, and, one day, your house is starts to burn… You desperately call Allstate or Metlife to find that a policy is getting way more expensive with each passing second (though, I'm pretty sure no insurance company would write a policy under those circumstances).

The thing is, millions of people who wouldn't go a day without homeowners' insurance balk at "insuring" their portfolios with proper, inexpensive, and proportional hedging. Then when the "fire" starts, they're either paying through the nose… or going without.

In fact, this very subject came up just the other day on my Markets Live stream, and by the time we were through with the session, we were all a lot smarter – and better protected.

And the timing is good: The next leg down may have already just started… Full Story

And the timing is good: The next leg down may have already just started...

stocks

Markets Live Recap: Why Stocks Cratered to End the Week

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Stocks fell to close the week after Amazon and Apple's earnings reports yesterday.

With most of the economy closed, there's not a lot of optimism among investors that next week's earnings reports will be able to drive the market higher.

And to add to that, there are rumblings that the U.S. may impose more tariffs on China.

The Dow fell 622 points, or about 2.5% to close the day.

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Stocks

Markets Live Recap: Stocks Jump After Successful Treatment Trials

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Investors got another vote of confidence today and bid stocks higher after Dr. Anthony Fauci expressed optimism about a potential coronavirus treatment from Gilead Sciences Inc. (NASDAQ: GILD).

Gilead's Remdesivir drug preliminary results showed at least 50% of patients treated with a five-day dosage improved.

The S&P 500 jumped 2.6%, putting the index on track for its best month since 1974.

At the same time, the curve does not appear to be flattening in the United States yet.

As of yesterday, over 1 million Americans have officially been diagnosed with the coronavirus.

And 32 million Americans are still officially unemployed.

That's approximately 19.5% of the 164.5 million total work force.

The stock market is clearly not representing the economy right now.

Instead, it's being propped up by the government.

Here's what our experts – Chris Johnson, Tom Gentile, and Shah Gilani – thought about today's positive move and where they see stocks moving forward.

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stocks

Markets Live Recap: Unemployment in Focus Today

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This morning, United States weekly jobless claims came in at 4.4 million.

Just over 26 million Americans have now applied for unemployment… In the last 5 weeks.

That means the U.S. economy has wiped out all the job gains since the Great Recession.

Unemployment sits at 23% and it doesn't look like we're close to re-opening the economy any time soon.

Despite that, investors shrugged off the news, bidding up the S&P 500 about 1.7% to start the day.

But stocks turned over mid-day and closed about flat.

Here's what our experts - Chris Johnson, Tom Gentile, D.R. Barton, Jr., and Shah Gilani - saw in the financial markets today, April 23...

stocks

Markets Live Recap: Our Experts Cover Federal Stimulus, Oil, Gold, and Earnings

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This morning, the U.S. Senate passed a $484 billion relief package that the House of Representative is expected to approve on Thursday.

$370 billion is intended for small businesses, $75 billion will be for hospital relief, and $25 billion will be used to expand coronavirus testing.

Oil was up about 20% and stocks rebounded on the day, with the S&P 500 closing up about 2.5%.

But it was also interesting to see gold up 3% on the day.

Here's what our experts – Chris Johnson, Tom Gentile, D.R. Barton, Jr., and Shah Gilani – think about the stimulus, oil, gold, and stocks during earnings season.

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stocks

Markets Live Recap: Our Experts Cover Job Losses, Tech Stocks, and Bitcoin

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This morning, the United States Labor Department revealed that another 5.2 million Americans filed for unemployment over the last week.

That brings the total monthly loss to 22 million people.

The consensus amongst our experts – Chris Johnson, Tom Gentile, D.R. Barton, Jr., and Shah Gilani – is that things are likely to get worse before they ultimately get better.

Today, they focused on tech stocks to buy and shared their opinions on Bitcoin and the future implications it may have on the global economy.

Here's what they had to say on their live streams today, April 16...

fast profits

Hedge Against Falling Stocks with These "Smart" Trades

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As the rallies of last week fade into another downward leg: Chris Johnson says now is the time to start hedging against this bear market.

So, Chris has picked out two "smart" trades to help you profit while the larger market sinks.

Spoiler Alert: He's also giving updates on three of our previous trades – this is an episode of Fast Profits you won't want to miss…

Click here and watch for the full details...

Earnings

Follow These Rules to Profit from This "Trading Range" Market as Earnings Come Out

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My glasses almost fell off my face Monday night when I read this headline from Bloomberg…

"ETF Investors Are All-In on Stimulus with $17 Billion Stock Bet"…

That's right. Investors have pumped more than $16.5 billion into stock exchange-traded funds in just seven trading days in April.

The article stated that the "torrid" pace put inflows on track to exceed December's monthly inflow total of $42.5 billion.

Talk about a crowded trade…

What's happening right now is a toxic combination of analysts saying, "The bottom's been put in!" and also, "Buy the dips!"

Yes, you can start to buy in. Slowly. Use dollar-cost averaging and buy in increments.

But going all in… Well, there's a reason the great Wayne Gretzky said to skate to where the puck is going, not where it has been…

That's exactly why the last time I saw this happening, in December, I bought puts. And they paid off heavily in January and February, such as my 47.87% January gain on FedEx and my 108.57% February gain on Tilray.

The truth of this market is that there's still too much uncertainty, fundamentals are questionable, and technicals are pointing to the downside.

This type of long bet – with people throwing money into the market with coal shovels because it's been climbing for a few weeks- tells me one thing: We're still in the first stage of the market pullback.

So instead of going all in, you trade. Just like I did before. And when you follow these trading rules, you can profit… Full Story

So instead of going all in, you trade. Just like I did before. And when you follow these trading rules, you can profit... Full Story