Trex Company

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How to Trade This Home Improvement Stock Before the Summer Rush

As we dive into summer 2020, this decking materials stock is expecting to continue trending higher along with a new wave of business.

Chris Johnson's been waiting for this stock to drop into the ideal "buy" window, and there couldn't be a better time to jump in…

It's already climbed more than 70% over it's start in April, and now it's closing in on the coveted "golden cross," a technical trading signal for a long, robust rally.

Check it out in the latest episode of "Fast Profits with Money Morning"...


Markets Live Recap: Stocks Rise Despite 3.17 Million More Unemployment Claims

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...