With the Dow, NASDAQ, and S&P 500 trading at or near all-time highs, gold might be the last thing that comes to your mind as far as a profit opportunity. After all, people really only think of buying gold when the markets are tanking.
But that’s actually too late.
In fact, your best opportunity to buy gold is right now.
You don’t need to be the smartest, most talented, most athletic, most popular person you know to be able to make a great deal of wealth in this life.
Being a stock and or option traders allows you the opportunity for that type of wealth. And you can learn to trade either or both even if you can’t dribble a basketball or carry a tune.
Anyone can do it. In fact, trading is the great equalizer.
We’ve seen a lot of movement in the markets – both up and down – ever since the leaks from Washington picked up speed.
And here’s what you can expect after Memorial Day, whether or not the leaks slow down…
Let’s face it… things got a little rough in the stock market this week – thanks to what seemed to be a never-ending stream of breaking news out of Washington.
Ironically, media stocks suffered, too.
But there’s one stock that could drive the whole sector higher…
And based on the numbers, it’s the best one to buy right now.
Last weekend, my wife and I got VIP invitations to see Comedian of the Year, Sebastian Mansicola, in front of a sold-out crowd in Orlando. Maniscola, of Showtime’s “Why Would You Do That,” is arguably the best in the business right now.
Now you may be reading this and wondering why on Earth I’m giving you a comedy review instead of talking about more important matters – like making money in the stock market.
But Mansicola’s show relates directly to that…
Because there are money choices investors made in the markets yesterday – and will make today – that would leave anyone asking, “why would you do that” (the way Mansicola does).
A lot’s happened this week to really drag down U.S. stocks. Between an unsurprisingly poor earnings performance by the latest round of retailers, like Macy’s and JC Penny, and constant new developments breaking out of Washington, it’s no surprise that people are feeling uneasy about putting (and keeping) their money in the markets.
But it’s also a great opportunity to turn this uncertainty into profits.
You just need to know which, of the nearly 4,000 stocks out there, are the easiest – and fastest – ones to “cash out.”
Janet Yellen was hawkish in last Wednesday’s Fed meeting and even referred to the slowed economic growth in the first quarter as “transitory.”
Translation – no big deal.
So while they’re holding interest rates steady for now, you’re looking at more than a 90% chance of another interest rate hike on June 13, when the Fed meets again.
Now higher interest rates could affect everything from your mortage and credit card payments to the equities in your portfolio.
The Dow Jones Industrial Average is trading at historic highs for the first time since it broke 21,000 in March. The NASDAQ has also broken to new highs, thanks in part to positive earnings reports for many of its larger-weighted stocks.
Despite these highs right now, history tells us that between now and the end of October, we’ll see declining or flat markets.
But one particular sector offers two advantages that makes it an optimal addition to your portfolio right now.
Credit Suisse recently released a report stating that over 8,600 brick and mortar stores could close their doors by the end of this year. That’s 2,437 more closures than in 2008 – at the onset of the Great Recession.
So it’s not surprising to hear so many of the pundits telling investors to dump their retail stocks.
What is surprising – and disturbing – is that they’re not telling you about profits you could make in the short term.
In fact, there’s an easy, low-risk way to play even the worst of the retail stores …
You’re looking at a major shift in the stock market come Monday.
It’ll happen because most investors will make a decision that they think is best for their portfolios.
But it’s not.
In fact, it could be the single worst mistake they’ll make this entire year – and could cost them seven months of profits.
I don’t want that to happen to you.