On Thursday, the Nasdaq had its worst session since October, dropping 3.5%.
There is no doubt that we are in the midst of a pullback, and the thing that is grabbing investors’ attention is how stocks and bonds are moving.
Conventionally, these two markets trade inversely, but we are currently seeing bondsdropping along with the market.
That why in today’s episode of The Profit Strategies Podcast, Chris Johnson and I are covering all you need to know about the stock and bond markets.
This afternoon, the S&P 500 dropped over 2.5% all thanks to low performance from some of the major tech names.
Apple, Google, and Facebook were all down 2.5% and the Consumer Discretionary Select (XLY) and SPDR Trust Technology (XLK) were down over 3% on the day.
After 2021’s bullish start, it’s no surprise that the market is facing a pullback – and tech stocks are leading the downward charge…
Creating a profit opportunity in the process.
Today, I am going to show you how to use “Top-Down Analysis” to find the best stocks to play during this market pullback.
The S&P 500 hasn’t had a pullback greater than 3% since last quarter.
But as we hit our halfway point of February, there is a lot of red on the horizon according to our indicators and historical patterns.
That’s what Chris Johnson and I are covering in today’s edition of The Profit Strategies Podcast.
We are going to show you what trades we’re getting into – and getting out of – during this time.
You are also going to get a look at how volatility is playing a major role in the market movement.
And to finish it out, we are going to talk about how the FAANG is leading this downward charge, and where we’re putting our money.
Disney stock just hit an all-time high of $193.85 following the company’s earnings beat of $16.25 billion on February 11.
This earnings report blew investors’ expectation out of the water.
This household name – known for its bigger-than-life theme parks, cruise lines, and movie studios – took a hit in revenue during the pandemic. But these numbers show that Disney is coming back stronger than ever.
Which is why we’re taking a look at other top stocks that took it across the chin last year that are bound for a breakout – and how we plan to get in ahead of the curve.
We are in the middle of Presidents’ Day Weekend, and it is time for this week’s Profit Strategies Podcast.
Today, I am joined by my friend and colleague, Chris Johnson, and we are diving into the four corners of the market, focusing on one corner in particular – oil.
Oil took a massive hit at the beginning of the pandemic. Between January and March alone, crude oil prices fell over 65%.
Now, it’s rebounded to a point that I didn’t think we’d reach until sometime this summer!
In today’s podcast, we’re going to go over the best stocks and ETFs to play the booming bullish trend.
And we are going to clear up which stocks are considered “cheap vs. inexpensive” when it comes to oil and energy.
The founder of major crypto investment firm Galaxy Digital, Michael Novogratz, just called for Bitcoin to hit $100,000 by the end of the year.
Now, this blows my $50,000 price prediction out of the water, but since the top coin by market cap is already preparing to surpass this mark – which could happen in a matter of days – I am thinking I need to hop on the $100K train.
You see, on Monday an SEC filing was made public that showed that Tesla invested $1.5 billion in Bitcoin.
Bitcoin proceeded to skyrocket from $38,631 to an all-time high of $47,697 over a two-day period – a whopping 23% surge in price on Elon Musk’s vote of confidence.
Bitcoin has had a stellar year, to say the least. This time last year, the coin was trading around $9,800.
That means that this coin shot up $37,897 in one year.
And I am here to tell you that it’s not too late to profit on this top coin.
In fact, I have a way to make money on Bitcoin without even needing to purchase the coin at all.
I have a low-risk strategy that you can use to capitalize on Bitcoin with a higher return on investment than just buying the coin outright.
We just saw a slew of novice traders blow up the top “short squeeze” stocks on the market.
Friday morning, GameStop (NYSE: GME) shares fell 40% — and the stock opened with a low of $51.09.
This skyrocketing stock that had social media buzzing is down 90% since the end of January.
In today’s The Profit Strategies Podcast, Chris Johnson and I are diving into the details regarding the end of GME‘s rally.
We will cover who the real winners and losers are of this unprecedented market event, and where this leaves all of these novice traders now that the dust has settled.
It’s a podcast you won’t want to miss.
We’re in the midst of earnings season and it’s being reported that 78% of companies in the S&P 500 have exceeded their sales estimates.
This news of “earnings beats” is adding to the already volatile market.
Earnings are one of the biggest market catalysts that we use to make money because it hits like clockwork.
Even with the uncertain market swings, I have a low risk play that will have you making money in less than 10 days.
This strategy that will allow you to add profits to your portfolio during earnings season no matter what direction the stock moves.
It’s been a week since GameStop’s 400% jump, and we are starting to see the trading frenzy on this particular stock change course.
As talk on the retail gaming company’s meteoric rise simmers down, we are setting our sights on what could be the next “short-squeeze” stock of the week – AMC Entertainment.