Elon Musk is a talented developer and a trailblazer in his own right...
And while we could rattle on about his accomplishments for days – lately Musk has been dominating the headlines for a much different reason.
You see, Musk has many opinions, and he takes to Twitter to express them all...
And his latest one has really rocked the investing boat.
But regardless of which way his newest "big idea" goes – you can profit off this tech mogul's erratic behavior...
Elon Musk is a talented developer and a trailblazer in his own right...
And while we could rattle on about his accomplishments for days – lately Musk has been dominating the headlines for a much different reason.
You see, Musk has many opinions, and he takes to Twitter to express them all...
And his latest one has really rocked the investing boat.
But regardless of which way his newest "big idea" goes – you can profit off this tech mogul's erratic behavior...
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Esports are the fastest-growing sport in the world and will be bigger than baseball, basketball, football, and soccer combined in the next 15 to 20 years.
Just last year, 127 million people tuned in to watch video gamers battle for the League of Legends championship, one of most popular multiplayer video games in the world.
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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."
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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.
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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.
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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...
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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.
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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.
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.
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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...
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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.
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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.
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...
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.
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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...
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