Hey there, Power Profit Traders! Earnings and volatility have been the theme of the week - on Wall Street, in my LIVE trading sessions, and in your Power Profit Trades newsletters. We've been discussing ways to capitalize on that earnings buzz and...
To continue reading click here.
In the first three months of 2021, tech stocks took a major hit, down 5% on the year as of March 4.
And it makes sense!
Everybody already bought the latest editions of their phone or gaming console, downloaded all of the latest Work From Home software, and upgraded streaming services (here’s to you “no-ads” Hulu.)
Major companies have been struggling to keep up with the unprecedented demands of 2020, and we saw the repercussions of this over the past couple of weeks.
During March, money was flying out of the tech sector… but not out of every tech stock…
Which is why as we start the month of April, I found the top four stocks that are “rising from the ashes” and will get a major boost on money flowing back into the technology market.
These stocks have been in the green and are set to run further to the upside during one of the most profitable months of the year.
This week’s historical moves in the market are like nothing I’ve ever seen.
GameStop and other “failing” stocks are hitting new highs – and hedge funds and professional investors are taking it on the chin.
This is all thanks so a push from social media giant Reddit, where novice investors are throwing money at stocks that have been on the decline… and they are making unbelievable profits.
In today’s The Profit Strategies Podcast, Chris Johnson and I are diving into these wild market moves – and the moneymaking strategy that nobody’s talking about.
We will cover low-risk ways to play this movement without even touching the radioactive GameStop stock.
Along with this, we are going to uncover the top “short-squeeze” stocks that could have you profiting on “next week’s GameStop.”
In the last nine months of 2020, stocks rallied an impressive 72%.
But on the first trading day of the new year, the S&P 500 tanked 2.8% -the worst yearly start in the past two decades.
Ongoing vaccine distribution, a presidential inauguration, the uncertainty of the U.S. Senate… these early 2021 events are pumping volatility into the new year’s market.
Monday’s trading activity is a perfect reminder that the market can’t run up forever.
A correction is coming. And many investors are struggling to protect their portfolios.
But listen up – volatility isn’t scary. Movement like this is exactly what we need to make this year a winning one.
Why protect yourself from a pullback when you can take advantage of it?
See, I have a plan to cash in on a red market. And today, I’m going to share it with you.
As we enter the holiday season, I have my eye on one major mover: Bitcoin.
This top cryptocurrency is up a whopping 80% since Labor Day. And I have three questions…
Here’s a secret: the answer to all three of these questions is the same:
Yes.
In the video below, I’ll show you my Bitcoin price target for the next three years. I’ll also reveal one coin that’s even better than Bitcoin. And finally, I’ll share the top three stocks moving up with the crypto market.
Since Pfizer and Moderna released their COVID-19 vaccine news, the S&P 500 has risen over 3%, hitting an all-time closing high for this bellwether index.
Moderna started the week strong, making an announcement on Monday that their vaccine has a 94.5% efficacy rate.
Then hot off the press this morning, Pfizer announced that their vaccine also has a 95% efficacy rate, it passed phase three of trials, and the company is applying for approval from global authorities within the next couple of days.
This news has stock futures up heading into Wednesday morning, and there’s no doubt in my mind that this rally won’t continue as more news is released.
We are seeing a race to the finish line, folks.
With expedited FDA approvals expected, it is conceivable that these vaccines will be available to the general population in Q1 of 2021.
The market is rising due to this long-anticipated news, and there are a handful of sectors that will lead the charge through the rest of the year and into 2021… and they have no place to go but up.
With more than 51 million cases and counting, COVID-19 is the worst malady the world has seen in a hundred years.
And an effective vaccine is viewed as the only cure.
That’s why the news from Pfizer regarding a vaccine that is 90% effective couldn’t have come at a better time.
Investors stampeded into stocks, with the Dow spiking more than 1,500 points, the S&P 500 surging to an all-time high and Pfizer shares rocketing 15% in a single day.
But here’s a secret I’m only sharing with you …
You see, Pfizer isn’t the play here.
There are actually four other stocks – all sector leaders, and each with a hefty upside – that the vaccine revelations will ignite into a big-time run.
These are companies whose businesses and share prices were the hardest-hit by the pandemic – meaning they’ll be the biggest rebound candidates once a vaccine is in place and the world can go back to operating with a sense of normalcy.
For traders like us, this is a setup for the kind of windfall window that comes along just once or twice in a decade.
Click below to find the top four stocks to play that will send you straight to the bank…
I had big plans for this week’s video – but one stock stole the show, wiping out all of my other ideas.
See, the market’s expected “Biden Bump” quickly became the “COVID-19 vaccine bump” after Pfizer Inc. (NYSE: PFE) announced that its vaccine trial was 90% effective, sending ammunition through the markets on Monday that sparked the Dow’s biggest daily gain in five months and sent the S&P to new all-time highs.
141,023,367 votes have been counted so far, and we’re still waiting for major states like Georgia and Arizona to confirm a winner.
I swear – I’m checking the live map of the electoral college like I’m watching a football game and my team is going for it on fourth and three at the two-minute warning.
And while we wait for this monumental announcement declaring who will be running the country for the next four years, I think we should get some profit plans in place.
It’s no surprise that the market will be influenced by the result of the election.
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…