A good investing friend of mine told me to “never own the airlines, only trade them.” Well, it looks as though the airlines are preparing to give the bears one heck of a good trade. Last year felt like it was the “Year of Weather” delays and cancellations. Every weekend we read about how the […]
United Continental Holdings
Avoid Wall Street’s “Favorite Stock” At All Costs
It might be the same for you… But when digesting financial news, it can take me two or three reads to get through because of how astounding Wall Street is sometimes. Case in point, their “favorite” stock right now. You’d think it was Nvidia (NVDA). Maybe Microsoft (MSFT). I’d even put Meta (META) in the […]
Two Options Trades to Make Before the Market Closes Today
Tom Gentile trades patterns in stocks that have a history of paying off – 90% of the time, in fact.
He uses his powerful Money Calendar to show him just which tickers to trade, and when to enter and exit, too.
He’s picked these two trades to make that’ll pay off by mid-September.
These Three Airlines Are Great Short-Squeeze Stocks
The spread of the delta variant has investors worried about 2020-style lockdowns making a comeback and battering the travel, leisure, and airline stocks that have fought so hard to come back this year.
Wall Street is selling airline stocks short to the tune of $4 billion – and counting.
Andrew Keene thinks Wall Street's making (another) bad bet, and big profits will follow when the Street has to cover those gigantic short positions…
Why Airline Stocks Won't Be Flying Higher Anytime Soon
Airline stocks have had an impressive run over the last year, but as the vaccinations spread and restrictions drop, investors are wondering why these stocks aren't ratcheting higher anymore.
Some traders and investors are puzzled by the slowdown in recent weeks.
They should not be.
We aren't.
Shares of many airlines are now back to pre-pandemic levels.
There is no way that most of these stocks should be back at this level.
Here’s why airline stocks have plateaued and when they’ll go higher again…
Why Only One of the Top Travel Stocks Is Worth Buying
With two viable vaccines ready to rollout, some expect the travel industry to roar back to life in 2021.
Investors are racing to catch potentially explosive gains by buying the best travel stocks right now.
But buyer beware: There is only one travel stock worth buying right now.
And we're going to tell you all about it.
Is Now a Good Time to Buy Airline Stocks?
Now that we have two very effective coronavirus vaccines heading for the market, things appear to be looking up for the airlines.
Airline stocks have rebounded sharply in the last few weeks as it increasingly looks like we will be able to put the pandemic behinds us next year.
United Airlines (NYSE: UAL), for example, is up 20% since the start of November.
And if UAL rebounds to it's January highs investors could make over 100% profits.
That profit potential has investors asking the same question, "is now the time to buy airline stocks." The answer is yes.
And no.
The Best Penny Stock to Buy Now Could Pop 300%
Investors are starting to look optimistic about 2021.
The Dow soared more than 1,000 points to start this week.
The CBOE Volatility Index has also cut down to nearly half its late-October peak of 40 to the low 20s.
And with such a huge pop in the markets, there are bound to be low-cost, high-upside opportunities over the next few weeks.
Our best penny stock to buy today is one of those.
The Best Stocks to Buy Before the Next Round of Stimulus
Stocks were at their lows for the year back in March when COVID-19 was spreading rapidly throughout the world for the first time.
It was a time of fear and panic in the financial markets as stocks fell about 35% from their all-time highs in February with little information to go on for the novel virus.
But then, the United States federal government went into their economic playbook and passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
This provided over $2 trillion in economic support to American workers, families, and small businesses.
In general, most of the stock market has reacted favorably.
Since the CARES Act was passed on March 27, the S&P 500 is up 30% to new all-time highs.
Dow Jones Today Falling as Stimulus Looks Less Likely
The Dow Jones today is taking a hit after Treasury Secretary Steven Mnuchin said that a stimulus deal before the election is looking less and less likely.
Earlier this week, House Speaker Nancy Pelosi (D-Calif) said the White House’s proposal “falls significantly short” of what they believe to be expected.
More of what’s moving the Dow today, below.
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