So far, the "COVID-19 Trigger Effect" has been igniting many opportunities.
Some of these include a big surge in e-commerce, a huge migration into plant-based meat replacements, an accelerating adoption of "telemedicine" apps, a hefty spike in video-streaming, and a way-before-expected move into e-sports.
Today, our Bill Patalon's got yet another COVID-19 Trigger Beneficiary trend.
He's calling this one the "Cash-Is-Trash Effect," which comes with a possible Bitcoin tailwind.
And I've got the winner for you...
Stocks rose 1.6% today as investors felt optimistic about governments around the world reopening their economies amid the coronavirus outbreak.
In addition to some U.S. states, Italy, Germany, and France said they're also looking to ease the quarantine policies that have been in place for the last two months.
If economies can reopen and consumers feel confident, stocks could continue to rally.
But if the COVID-19 curve starts to steepen as a result, that would likely send stocks lower.
And we could break through the recent lows made last month.
Here's what our experts – Chris Johnson, Tom Gentile, D.R. Barton, Jr., and Shah Gilani – think investors should be doing with their portfolios this week.
The Dow Jones is up today as states discuss opening their economies over the coming weeks.
Despite the efforts, COVID-19 will be responsible for widespread economic damage, significant joblessness, and a longer-term recovery.
The worst could be on the way for the U.S. economy.
Of all the questions we get here at Money Morning, one we see the most is: "Is it too late to buy Zoom?"
Of course, these folks are talking about Zoom Video Communications Inc. – the videoconferencing player that's seeing torrid growth because of the COVID-19 pandemic.
Just last week, Zoom CEO Eric Yuan revealed that 300 million folks are using the company's software – a jump of 100 million, or 50%, from just last month. In December, the company's user base was a "mere" 10 million.
And Zoom's shares have, well, zoomed. From their trading price of roughly a year ago, the shares have rocketed to $170 – a jump of 160% during that stretch.
Huge moves like this are based, in part, on the numbers. But they're also fueled by a hefty slug of emotion, which can make buying, selling, and trading pretty tricky.
Especially in "Mean Markets" like the one we're navigating right now.
So here today I'm going to show you a nifty trading trick that I use in my trading service and in my personal trading accounts – to avoid buying stocks when they are hitting emotionally charged highs.
And because of all the interest, I'm going to use Zoom as my "show you how" example… Full Story
The consensus among our experts here at Money Morning is that the worst for the economy is still yet to come…
Instead of a quick "V-shaped" rebound, they're expecting longer, drawn out, "W-shaped" recovery for stocks.
But that doesn't mean some companies aren't worth owning now…
If you're patient and know what to look for, you can trade in and out of stocks with defined momentum.
The trend is your friend.
And it gives you a higher probability of making fast money in this volatile market.
It's important to pay attention to the nuances in this market.
And our experts know exactly what to look for.
The Dow Jones popped this morning after the Federal Reserve announced $2.3 trillion of loans to support small businesses and consumers.
But investors fear this uptick might not have legs…
Unemployment claims in the coronavirus lockdown have ballooned to 6.6 million.
The 10-Year U.S. Treasury bond fell to 0.72% this morning.
Gold, meanwhile, popped above $1,700 today. Read further for more on how the coronavirus crisis is affecting the Dow today.
During our markets live segments today, April 8, our experts covered it all: stocks, bonds, currencies, and commodities.
So, if you own any of those things… You're going to want to pay close attention.
If you're able to watch live, you can execute the same trades before the majority of the market catches on.
You see, the coronavirus crisis has many second and third layer "knock-on effects," which are affecting all industries – not just restaurants, airlines, cruises, and the other typical industries everyone knows has issues now.
It's also changing the way the world looks at fiat currencies, gold, oil and bonds.
Based on that, here's how our experts – Chris Johnson, Tom Gentile, D.R. Barton, Jr., and Shah Gilani – see as the best way to position for profit today.
In order to help our Members navigate today's volatile markets, we started a brand-new live streaming service here at Money Morning.
Our experts – Chris Johnson, Tom Gentile, D.R. Barton, Jr., and Shah Gilani – are going to be with you every day that the markets are open.
They'll show you exactly what they're looking at and even give you some of the best trades to implement live.
Here's a brief recap of what they covered on Thursday, April 2...
by Mike Stenger
Facebook Inc. (NASDAQ: FB) is down more than 23% year to date.
And the reason for this dip is more than just a global pandemic.
On March 31 (Tuesday), it was reported that Zoom Video Communications, Inc. (NASDAQ: ZM) was illegally providing user data to Facebook.
That's even for users without Facebook accounts.
Zoom is now facing a lawsuit, while Facebook could take even more of a hit in the coming weeks.
This raises a question that's been asked countless times over the last three years: should I buy Facebook stock?
The Dow Jones faces more resistance today.
Markets had a rough start to the second quarter in response to the coronavirus outbreak, and it does not look like it's getting much better.
We don't know how long this will last, but the unemployment numbers show we're not over the hill yet.
Today, we'll discuss what you need to know moving forward.
