We haven’t seen a September pullback this steep since 2011.
Yesterday, with coronavirus fear and uncertainty mounting, the Dow shed over 500 points by the end of the day, putting the markets into official correction territory.
Investors are fearful. And the pundits on TV are saying that the worst is yet to come.
Yesterday marked the biggest software initial public offering (IPO) in history.
Snowflake Inc. (NYSE: SNOW), a cloud-based startup funded by big names like Salesforce and Berkshire Hathaway, hit the market Tuesday night with a $120 per share price tag.
By Wednesday afternoon, the stock had shot above $300 for a 150%-plus gain in just one day.
From the IPO, SNOW sold a whopping 28 million shares and raised almost $3.4 billion. Today, it’s valued at $70 billion – topping long-time established companies like Walgreens Boots Alliance Inc. (NASDAQ: WBA) and Allstate Corp. (NYSE: ALL), to name a few.
The markets are flashing signs of another February-sized correction.
After setting an all-time high on September 2, 2020, the S&P 500 tanked 3% on a massive volume spike the following day.
This downfall continued for the next two days, dropping the S&P 500 down 5.4% on three days of high-volume selling.
Stock portfolios may be in store for another 35% drop, and COVID-inspired economic conditions, such as fear of a resurgence and a postponed vaccine date, certainly support it.
But while most investors bite their nails in worry, I’m anticipating nothing but profits.
Should the markets go red, collecting high-probability profits will be the name of the game – and today, I’m going to show you exactly how to do just that.
I have three things on my mind right now: Where will the market go from here? Are there any patterns that I need to follow? What in the world is going on with TikTok? The three may seem a bit unrelated. But the answers to all of them...
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A UBS study polled 3,750 investors, and 81% are predicting another market crash before the end of the year.
After a 65% bull run, some of these major investors are anticipating a 35% drop in the coming months.
Is there truth to this? Well, we have a ton of potential volatile events coming up that could lead to more instability – the pending election, continued coronavirus spread, tension in the Middle East and China, even an ill-timed tweet from the President.
But this shouldn’t come as any concern to you – because I’m going to show you exactly how to protect your investments.
You don’t need to worry about your portfolio tanking 30-40% like it did in March.
With this strategy, you can hedge your portfolio against any market drop.
Here’s the best way to keep your cash safe over the next four months…
Options are the single best wealth-building tool this market has to offer – and I’m not the only one who thinks so.
I want to take some time to introduce you to my good friend and colleague, Chris Johnson. Because his own options trading strategy has been one of the most lucrative I’ve ever seen. For more details, click here.
You see, for the past three years, Chris has been recommending trades to a small group of readers. In total, he recommended 51 options trades…
And 45 of them were winners.
Had you put $1,500 into each of these trades when Chris told you to and managed to sell at peak gains, you could have turned an initial $5,000 trading account into $100,000 in just 31 months.
That’s one of the best track records I’ve ever seen – and today, Chris is finally revealing his formula to the public.
Now, I made sure to get an exclusive interview with Chris for my Power Profit Trades readers. In this video, you’ll hear Chris’s own options trading story…
And learn exactly how you can get in on what he calls his Strikepoint formula…
Just because the markets are closed doesn’t mean you can’t start trading.
See, yesterday’s Labor Day holiday shut the market down. But I was able to use my time to get a head start on this morning’s opening.
In this video, I’m going to show you three ways to see where stocks will open after weekends and holidays. That way, the market will never catch you by surprise again on a Monday morning.
Healthcare stocks are just about the hottest sector in the books right now.
I mean, world leaders have already pledged $8 billion to companies developing a coronavirus vaccine, and that doesn’t even include the billions that the U.S. government has poured into companies on its own.
As the only hope for a return to the world’s normalcy, the healthcare sector has received an unprecedented influx of cash. Since its March 23 low, the Healthcare Select Sector SPDR Fund, an ETF that tracks healthcare stocks, has gained 46%. At the time of writing, it’s sitting at a new all-time high.
Now, over 15% of the S&P 500 is made up of healthcare stocks. With so many names to choose from, it can be hard to know where to put your money. Just because the sector is on fire doesn’t mean every stock within it will put cash in your pocket.
But these names could be your next profit.
September could be your most profitable month yet. But only if you know how to play it.
And in order to know how to play it, you have to know what’s coming.
Now, predicting the market can be hard. In fact, it’s next to impossible for most people.
But as a Power Profit Trader, you aren’t most people. Because today, I’m giving you access to my proprietary Money Calendar – which, in my opinion, is the best prediction tool in the market.
It’s as close to a crystal ball as you can get. And it’s flashing a mixed month ahead.
Every now and then, stock indices like the S&P 500 and the Dow Jones Industrial Average rebalance themselves.
And on Tuesday, August 25th, the Dow Jones Industrial Average announced a major shakeup.
The major index is replacing three companies previously considered to be “blue chip” and replacing them with some “newer economic” stocks.
Now, these indices are constructed to create an average look at the overall stock market – and when component stocks no longer fit the bill, they get replaced.
But the loss of some of these top stocks has investors worried.
And the big question for investors remains: “How will this impact my portfolio?”
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