Tesla Inc. (NASDAQ: TSLA) has spent the majority of the year hitting all-time highs.
The electric vehicle maker was set to be added to the S&P 500 after Friday’s closing bell. And in anticipation, the stock continued clamoring up, hitting a record high of $695 at the end of last week.
That’s a massive, 708% gain year-to-date. Get this – at the beginning of 2020, TSLA sat at a measly $86 per share.
To see how crazy TSLA’s ride has been this year, just look at it compared to the past three…
Today, we are going to get real about pot.
See, pot stocks have been around since medical legalization first began. And I’ve had a few in my own portfolio for the past several years. But right now, these stocks are on fire like never before.
Since February, U.S. stocks associated with pot have risen over 40%. Many are hitting new all-time highs as I type – and those that aren’t are well on their way.
Right now, pot stocks are home to some of the highest profit potential the market has to offer.
35 states and D.C. have legalized medical marijuana. And 15 of those states – plus D.C. – legally sell recreational marijuana as well.
One of those states is Michigan – and in just 12 months, the state’s cannabis industry secured $440 million in sales. Learn about the company accountable for 12% of Michigan’s cannabis sales right here.
The legalized cannabis market hit $13.6 billion in 2019. I never thought I’d refer to a number that big as “nothing,” but believe me – $13.6 billion is nothing compared to what’s coming.
The market is estimated to explode six-fold in the next 10 years. That means by 2030, we could be looking at an $80 billion-plus cannabis market.
And today, I’m going to show you how you can take a chunk of that change.
It’s time to get into the cannabis market now, so that you can take advantage of the 500% jump later.
Here are the top four cannabis names you’ll want to take a look at right now…
In the past month, Tesla Inc. (NASDAQ: TSLA) has gone from around $400 per share to over $600 per share.
That’s a 50% gain in as little as 30 days. And in the same amount of time, it’s handed option traders 1000%-plus gains – call worth $20 in mid-November is worth $200 today!
And there’s even more coming for TSLA…
At the sound of Friday’s closing bell, the electric automaker will be added to the S&P 500 in what’s sure to be a historic day for the markets.
See, the heaviest days of trading tend to be on the days of major index rebalancing like we’ll see this week. Meaning TSLA‘s headline-making days are far from over.
The question is – where do we go from here? Is TSLA‘s inclusion in the S&P a sell-the-news event, or is the stock set to go even higher from here?
Well, the answer doesn’t matter. Not if you’re using the strategy I’m going to show you today, anyways.
This strategy isn’t bullish or bearish. It’s neutral, and it has a sky-high probability of profit.
Plus, it has the potential to hand you at least $1,000 by Friday.
I’ll break down this trade in the video below. Check it out…
Tomorrow marks the start of one of the most lucrative patterns the market has to offer.
See, December 11th is the ninth trading day of the month – and this mid-month period of time is a breeding ground for profits.
It’s called the mid-month, or 9-11, pattern.
Since 1980, money has tended to flow into the markets pretty heavily in the middle of the month. And that heaviest flow of that cash tends to occur over the 9th, 10th, and 11th trading days.
It seems pretty simple, right?
Get into the market before this cash flow happens – and get out afterwards, taking a piece of that money for yourself.
But you can’t just simply pour cash into any stock you want.
There’s only one way to play this pattern for a shot at big money and fast returns. Last month, in fact, this strategy gave this group of readers the chance to turn a 2% stock gain into a 50% profit in just one day.
And that’s a return we expect to see again this time around, as bullishness continues to make its way through the market.
The S&P 500 finished the first week of December at a new high just below 3,700 – signaling the profitable end we expected to this year’s holiday pattern.
Not every stock, however, is telling the same story.
We’re just a few weeks away from the start of this year’s Santa Claus rally – And I’m not talking about the mythical, jolly man putting presents under the tree.
The Santa Claus rally is real – and there are 74 years’ worth of statistics to prove it.
In almost every December since 1945, the S&P 500 rose nearly 1.5% — advancing in price 73% of the time.
This movement sets the market up for a pattern that I look forward to every year – and this year comes as no exception.
The Santa Claus rally extends from the first trading day after Christmas to the second trading day of the new year – December 28, 2020 to January 5, 2021 – and it’s shown time and time again to be profitable.
This year, in fact, I’ve discovered a trade with the potential to return 150% before the new year is a week old.
You can thank Santa’s Christmas-spun market rally for this one…
The markets just notched a record-breaking November.
After breaching the 30,000 level for the first time, the Dow notched its best month since 1987 – an impressive feat for a year as unpredictable as 2020.
And now, everyone wants to know what’s to come as we enter the final month of the year.
Well, today, I’m here to answer that question exclusively for my Power Profit Trades readers.
In the video below, I’ll give you sneak peek at the December Money Calendar – my proprietary tool that’s been called one of the most reliable predictors the market has to offer.
But that’s not all. I’ll even show you the top three low-risk profit opportunities of the month – plus, a trade on an entertainment giant with the potential to return 360% by January 15.
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.
Last week, I introduced you to my latest venture: The Profit Strategies Podcast.
We post new episodes every Friday morning – and I think this week’s episode will be of particular interest to you…
Why? Well, we’re breaking down this week’s Power Profit Trades article: Five Rising Sectors to Put You Ahead of the Crowd Before 2021.
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.
View this page online: https://powerprofittrades.com/2020/11/five-rising-sectors-to-put-you-ahead-of-the-crowd-before-2021/
