Monday was the worst day in a month for the S&P 500 – and that can be attributed to more than a few factors…
Coronavirus cases are hitting new daily highs over 84,000 in the U.S.
Washington has yet to agree on a new stimulus bill.
The presidential election is just one week away.
Since bottoming on March 23, 2020, the S&P 500 has risen 57.5% – setting an all-time high in the process.
This is all because while the world seemed to stop turning for a lot of us, we were still finding ways to spend money.
Since the pandemic hit the U.S. back in early March, things have changed drastically. People are finding new ways to spend their money. According to a report from CNBC, grocery store spending was up 54% in February and March, while restaurant spending dipped 44% in March and April.
People are spending more time at home, which means they are spending more money on their home.
I’m not a betting man, but I’d put money on the fact that you’ve probably purchased some things to make your “stay and work from home” situation a little easier to swallow.
That purchase could have been a new pair of sweatpants to make WFH on the couch a little cozier, or some games to keep the kiddos entertained. Maybe you got ambitious and finished that spare bedroom you’ve been meaning to get to. I bet one or two of you even hopped on the bread-making train and put in an Amazon order for some baking trays and mixing bowls.
I know I am at the point that I have my credit card numbers memorized – a point I certainly never thought I’d get to!
That same report said that 64% of Americans have changed their spending habits since February, and I think we can all say that we’ve contributed to that.
And while spending habits changed, one sector shot to the moon – turning into the hottest sector of 2020.
This hot sector is filled with profit potential – here’s how to play it…
On Tuesday, Apple unveiled its latest iPhone. And the event can be summed up into just four words:
5G just got real.
Apple’s iPhone 12 will offer 5G coverage, and its Pro model will have the broadest 5G coverage available worldwide, making it one of the speediest smartphones on the market.
But Apple shared more than just 5G on Tuesday.
Over the course of the one-hour-and-10-minute event, the tech giant showcased 11 new product features – each of which resulted in a different reaction from the stock.
See, with a $2 trillion market cap, Apple is the largest company in the U.S. And after Tuesday’s event, it’s clear that title comes with a plethora of profit opportunities…
One of which is a long-term pattern with the potential to triple your money.
Here’s how you can play Apple’s new iPhone 12 release – and turn that pattern into a 233% gain…
Since March’s market low, Facebook has gained over 84%…
Amazon has notched 90%…
Apple has doubled…
Netflix has jumped almost 70%…
And Google has scored 41%.
NextEra (NYSE: NEE) is the largest electric utility holding company by market capitalization.
Last Friday, it briefly surpassed Exxon Mobile (NYSE: XOM) – a huge feat for the energy newbie, considering XOM has moved between the first and sixth largest company in the world for the past 20 years.
The world’s largest energy companies have traditionally come from the oil and gas sector – Chevron, Schlumberger, BP, to name a few. But that’s when oil was in high demand, running for $147.27 a barrel. Today, 12 years later, a barrel will run you under 40 bucks.
As people turn to more sustainable energy sources and COVID-19 picks at oil’s demand, the sector’s worth is decreasing.
Take the Energy Select Sector SPDR ETF (NYSE: XLE), for example. It houses the world’s largest oil and gas companies, and after tapping out at $101.52 in June 2014, it has plummeted to less than $30 today – dropping a whopping 70%.
Meanwhile, renewable energy companies like NEE are running sky-high.
Forget your typical oil trades – today, we’re going long-term.
(But if you want to hear about short-term plays, then click here to learn about the newest fast-money strategy I have my eye on.)
I’m going to show you a way to profit on these fast-growing renewable energy companies over the next three years, while the sector shoots skyward.
And I have all of the details on how to use this long-term strategy right here…
Today, I want to tell you about the four-day profit cycle.
Listen up – all you need is as little as $150 to potentially double your money in four days or less on almost any stock or ETF in the market.
Take the iShares China Large-Cap ETF (FXI), for example. This exchange-traded fund tracks the results of some of the biggest Chinese companies. And on Monday, October 5, one share was running for about $41.92.
That was just two days ago. And by using the four-day profit cycle technique, you could have gained control of 100 shares of that ETF for a measly $0.75 a share.
Flash forward less than 24 hours later, and FXI opened on Tuesday morning just one dollar higher. One dollar that would have boosted your $0.75 to $1.13 – making for an incredible 24-hour 50% gain.
Over the first eight months of this year, trading with the four-day profit cycle beat the broader S&P 500 nearly 17X over.
In the same amount of time, it could’ve nearly quadrupled your trading account.
A big part of trading is something that almost no one talks about…
Losing.
I’ll be the first to tell you that if you’re a trader, you’re going to lose, even if you’ve been trading for more than 30 years like me.
But that doesn’t mean it isn’t one of the best ways to make money. The trick is to win more often than you lose…
And the key to doing that is to know how to fix a losing stock position…
Editor’s Note: It’s the first day of the fourth quarter – meaning Q3 earnings season is coming up. Here’s how you can use volume to trade company reports for profits.
Amazon Prime Day, or should I say “days,” is set for October 13-14 – and if you’re like me (or my wife), you’re chomping at the bit.
For 48 hours, products will be offered at mind-blowing discounts. And suddenly, items that you’d never buy, like a portable French Press or a kneading Shiatsu Massager, become irresistible bargains.
Forget Black Friday and Cyber Monday. Amazon Prime Day dwarfs any bargain event the planet has ever seen.
Launched on July 15, 2015, the days of discounts have driven billions of short-term dollars into Amazon’s pockets and contributed to the online ecommerce giant’s meteoric rise. Last year alone, Prime Day sales hit an estimated $7.16 billion.
And just like anything that comes around once a year, there’s a pattern at stake – a profitable one, at that.
In fact, this 10-day pattern could help pay for your Prime Day purchases before you even buy them…
With a market cap surpassing $2 trillion, Apple Inc. (NASDAQ: AAPL) is the world’s most valuable publicly traded company.
From big-name investment companies like BlackRock and Berkshire Hathaway down to individual investors like you and me, everyone wants a piece of the tech giant…
It has been statistically shown that the stock market can act as a crystal ball when there is an impending presidential election.
Analysts look at the three months leading up to the election to see if the president in office will stay, or if he will be sent packing –
In fact, before the 2016 election, the S&P 500 had an 86.4% success rate using this three-month strategy to forecast the election.
Today, we’re looking at a market correction six weeks before the election. Stocks were up following August’s stellar performance until Monday, when we saw the Dow lose over 500 points in a single day of trading, marking four straight days of losses.
But this month’s bearish movement isn’t necessarily the deciding factor for who our next president will be. Because if we know anything to be true, it’s that this year has been unlike any other…
The global pandemic created a snowball effect. World economies are still reeling from the coronavirus-inspired reductions in consumer spending. Retail, travel, and hospitality are taking it on the chin. Not to mention, the demand for oil has dropped along with oil prices.
It’s not surprising that the market has corrected. At the end of the day, the S&P’s predictive power may not be so strong in 2020. But regardless of who wins November’s election, it’s likely we’ll see more downside in the market before then.
That’s why I have found the top 10 bearish trades to play right now – and profit on before the presidential election, regardless of who sits in the White House next year.
You can get all of the details on these profitable opportunities by clicking here…