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    Elon Musk's Tweet Just Reinforces Our Tesla Call

    By , Defense + Tech Specialist, Money Morning • @Robinson_STI -

    On Aug. 2, the bulls got their sweet revenge.

    Shares of Tesla Inc. leapt 16% to their highest close in nearly five years following its latest earnings report.

    Turns out, short sellers worried about production snafus for the new Model 3 and other concerns got hammered, despite paper losses of nearly $1.7 billion.

    You'd think a longtime Tesla enthusiast like me would be happy.

    Just the opposite is true.

    In fact, I believe now is the time to sell Tesla and use the most recent rally to take whatever profits you can.

    Let me be clear: I didn't come to this conclusion lightly. You see, I have the highest regard for CEO and founder Elon Musk. I believe he's one of the great technology geniuses of our time.

    But the company is facing a host of challenges at a moment when the stock has been on a roller-coaster ride.

    With that in mind, let's walk through the reasons why I now have Tesla listed as a "Sell."

    Starting with...

Article Index

Elon Musk's Tweet Just Reinforces Our Tesla Call

By , Defense + Tech Specialist, Money Morning • @Robinson_STI -

On Aug. 2, the bulls got their sweet revenge.

Shares of Tesla Inc. leapt 16% to their highest close in nearly five years following its latest earnings report.

Turns out, short sellers worried about production snafus for the new Model 3 and other concerns got hammered, despite paper losses of nearly $1.7 billion.

You'd think a longtime Tesla enthusiast like me would be happy.

Just the opposite is true.

In fact, I believe now is the time to sell Tesla and use the most recent rally to take whatever profits you can.

Let me be clear: I didn't come to this conclusion lightly. You see, I have the highest regard for CEO and founder Elon Musk. I believe he's one of the great technology geniuses of our time.

But the company is facing a host of challenges at a moment when the stock has been on a roller-coaster ride.

With that in mind, let's walk through the reasons why I now have Tesla listed as a "Sell."

Starting with...

This Tech Giant Can Get You in on the $22 Billion Electric Scooter Industry Early

By , Money Morning -

If you live in a major American city, you've probably seen them zipping down your street.

Bicycle- and scooter-sharing programs have taken the country by storm, sending shock waves through business cornered by mass transit and companies like Uber.

And they're setting tech stocks up for tremendous profit.

You see, the electric scooter industry is predicted to be worth $22 billion by 2024.

Facebook's Deeds May Be Dirty, but the Profits Will Be Sweet

By , Capital Wave Strategist, Money Morning • @WallStreet_II -

Facebook Inc. is trying to cozy up with America's biggest banks.

Talk about a dirty hookup...

The social media behemoth has approached megabanks like Wells Fargo & Co., JPMorgan Chase & Co., Citigroup Inc., and others, hoping to sweet-talk them into sharing customers' card transaction history, their checking account balances, and other personal data.

Why? Because there's a ton of money to be made knowing how much people spend and what they buy. And there's even more money to be made developing platforms and applications that drive business to advertisers and make spending easy.

You don't need me to tell you why this is a bad idea – but I'll do that today anyway.

Plus, I'll tell you why it'll get done regardless.

However, as distasteful as it may be, there is a way to get yourself a piece of the pie.

A big piece.

Here's how to do it...

China May Have Just Taken the "Superweapons" Lead

By , Defense + Tech Specialist, Money Morning • @Robinson_STI -

Late last month, we saw how Russia released videos of six new "superweapons" almost immediately following the historic Trump-Putin summit in Helsinki.

We have no defense against these weapons – and our adversaries know this.

"No one has managed to restrain Russia," Russian President Vladimir Putin boasted following the videos' release.

Now China is getting into this arms race - and it may have taken the lead...

If Tech Stocks Drop to These Levels, the Markets Are in Trouble

By , Money Morning -

No doubt, the big tech stocks and "FANGs" are important drivers in this stock market. Since the bull market began, this core group of stocks have been responsible for pulling the market higher.

Of course, they're not the only stocks causing the bull market. However, when we talk about the value, or market capitalization, of the stock market, these are some of the biggest and most valuable companies out there.

And they represent a huge weighting in the major indexes. So if they should drop to these levels, the entire market will be in trouble...

The Best Tech Stock to Buy in August 2018

By , Money Morning -

fintech

There's no denying the tremendous profit potential of stocks in the tech sector, even as the broader stock market is slow.

The SPDR Select Tech Sector ETF (NYSE Arca: XLK) is up double the S&P 500 on the year.

Today, we're going to cut through the noise and show the best tech stock to buy in August 2018.

One of the Most "Under the Radar" IoT Stocks to Buy Now

By , Associate Editor, Money Morning -

micron technology

The Internet of Things (IoT) is no longer a secret. In fact, by the end of 2016, 62% of Americans owned at least one IoT-connected device.

And while the tech "spotlight" may be on IoT investments, we've found three IoT stocks (one that's completely under the radar) with tremendous profit potential.

Before we get to the stocks, it's important to realize just how revolutionary the Internet of Things is...

Double Your Money with This Big Data Play on Real Estate

By , Defense + Tech Specialist, Money Morning • @Robinson_STI -

If you think the tech economy is slowing down, try to rent a home or apartment in San Francisco.

According to a new report from the real estate experts at Nested, the city now has the highest rents around. Not just in the United States - but in the entire world.

It's no doubt largely due to the fact that the tech boom in SF and Silicon Valley is running at full speed, leaving the city with a vacancy rate below 3%.

Nested based its results not on average rents but on the price people pay per square foot. In San Francisco, renters pay $4.75, the highest among more than 100 cities around the world the agency studied.

While San Francisco lies in the epicenter of the tech sector, it's not the only city with soaring rents.

Not surprisingly, Wall Street is getting in on the act. The number of financier-owned rental properties in the United States jumped 60% last year.

You can get in on this act, too.

You see, Wall Street needs data - a lot of data - to help them make their real estate investing decisions.

They're paying top dollar for that data - and most of them are buying it from the tech company I want to tell you about today.

It's already doubled once for my longtime readers.

And it's poised to double again - fast - if you make your move now...

5 Specific Ways to Profit (Quickly) from Amazon's Dominance

By , Money Morning -

amazon

It's no secret Amazon.com Inc. (Nasdaq: AMZN) has been eating other retailers' lunch over the past few years.

Even blue-chip companies, like home improvement retailer Home Depot Inc. (NYSE: HD), have felt tremors following rumors of Amazon encroaching on its turf.

That's why we're bringing you five specific ways to profit from Amazon and the changes it has made to the retail market.

Double Your Money with the Best Fintech Stock to Buy Today

By , Money Morning -

encrypted phones

Investors know tech stocks have led much of this current bull market, but there are pockets within the sector that have even greater potential.

Financial technology, or "fintech" for short, is an area that will touch virtually every aspect of the $70 trillion global economy over the next several years.

Today, we're bringing you the best fintech stock on the market. And we're so confident in this pick, we think it could double your money.

Here's Why the Netflix Stock Price Dropped 13% Today

By , Associate Editor, Money Morning -

Netflix

The Netflix stock price crashed 13% this morning thanks a rough quarter.

The streaming service didn't add as many users as expected.

And there are two main reasons why that happened...

Buy AAPL Stock Before It Wins the $1 Trillion Race

By , Associate Editor, Money Morning -

dow jones news today

Even though the AAPL stock price has skyrocketed, it's still one of the best companies to own.

You see, Apple is going to win the race to $1 trillion.

And that means everyone will want to get their hands on it. Here are all the details on why AAPL is a stock to buy right now.

This Hot Tech Stock Can Double Your Money in Two Years

By , Associate Editor, Money Morning -

hot tech stock

What's one of the hottest tech stocks to buy in 2018?

It may not be one you're thinking of.

However, this company could double your money in two years. Here's why...

Why MSFT Stock Is an Even Better Buy After the GitHub Takeover

By , Associate Editor, Money Morning -

MSFT stock is one of the best long-term investments you can make.

Now it's an even better investment after the $7.5 billion purchase of coding site GitHub.

Here's why we are so bullish...

This Under-the-Radar Tech Stock Could Double Your Money in 11 Months

By , Money Morning -

Tech Stocks

The secret to crushing the market is finding companies that provide products or services that transform lives.

Not only will the company thrive, but investors will also see their shares skyrocket.

That's exactly the case with the little-known tech stock we're bringing Money Morning Members today...

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