01/15/2021
Wall Street closed on a down note as traders digested the details of President-elect Biden’s $1.9 trillion “American Rescue Plan” and a slew of mixed economic news — and more in Friday’s stock market recap. Despite control of the executive and legislative branches of government, there is some uncertainty over […]
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01/15/2021
Wall Street closed on a down note as traders digested the details of President-elect Biden’s $1.9 trillion “American Rescue Plan” and a slew of mixed economic news — and more in Friday’s stock market recap. Despite control of the executive and legislative branches of government, there is some uncertainty over […]
01/15/2021
News dropped today that Beyond Meat will be teaming up with Taco Bell to create new menu items, and investors pounced. BYND shares soared more than 13% after the official announcement of the Beyond Meat and Taco Bell deal. Are you thinking about jumping on this opportunity too? Should you […]
01/15/2021
In addition to a few more questions I got in my mailbag, today I’m going to touch on a super hot topic that I’ve gone over a couple of times recently… and more specifically, the Moderna mRNA Platform. I posted a video on Jan. 5 about how Moderna Inc. (Nasdaq: […]
01/15/2021
Wall Street closed on a down note as traders digested the details of President-elect Biden’s $1.9 trillion “American Rescue Plan” and a slew of mixed economic news — and more in Friday’s stock market recap. Despite control of the executive and legislative branches of government, there is some uncertainty over […]
01/15/2021
Global stock markets fell this morning following the release of a worse-than-expected U.S. jobless claims report and a dip in multiple Big Tech stocks, which is a vulnerable sector right now. The U.S. Department of Labor reported that 965,000 more Americans applied for unemployment benefits last week. That’s a huge […]
01/14/2021
Wall Street was choppy before settling modestly lower ahead of President-elect Joe Biden’s announcement of his economic stimulus plan that is expected to be around $2 trillion — and more in Thursday’s stock market recap. The major indexes tagged fresh record highs, excluding the S&P 500, before selling pressure in […]
01/14/2021
The top pot stocks for 2021 have actually been making big moves ever since the first U.S. presidential debate took place on Sept. 29. The reason for that is obvious: With a Democratic president, there would be a strong possibility for marijuana to be legalized on a federal level, or […]
01/15/2021
News dropped today that Beyond Meat will be teaming up with Taco Bell to create new menu items, and investors pounced. BYND shares soared more than 13% after the official announcement of the Beyond Meat and Taco Bell deal. Are you thinking about jumping on this opportunity too? Should you […]
01/13/2021
Have you ever wondered how options trading can benefit you — from a risk vs. reward point of view — when there’s a major news catalyst? Take a look at news of the Intel CEO stepping down, sending shares sharply higher Wednesday. Intel CEO Steps Down and Stocks Soar Intel […]
01/12/2021
We saw shares of General Motors leap to all-time highs Tuesday morning after the company revealed its new GM electric delivery van — and the possibility of flying cars. Much like the cars of “Back to the Future” (if GM has anything to do with it), the company’s stock shot […]
01/12/2021
The next generation of electric vehicles (EV) has arrived and this time, Tesla wasn’t the one leading the way… This time, it was Nio, working together with Nvidia and Qualcomm. Nio flipped the EV market on its head when the company released its newest self-driving electric car… A car that […]
08/10/2020
This is a new era in stock market investing. What worked historically in Warren Buffett’s day, may not be the best strategy in today’s market. The billionaire investor sold airlines at the worst possible time, has little tech names in his portfolio and holds onto bank stocks such as Wells Fargo […]
07/22/2020
Another day, another top Democrat facing some serious charges. Yet, the mainstream media is doing its best to keep it under wraps. You probably haven’t heard of the latest top Democrat facing a mountain of trouble… but you should. Because he’s been a mainstay in the Democratic Party for decades […]
07/21/2020
The race is on for the next President of the United States. And if you believe what the polls are showing you, then you believe that President Donald Trump is WAY DOWN to his challenger Joe Biden. But one veteran pollster says… NOT SO FAST! As first reported by Newsmax, […]
07/16/2020
Think back to the 2016 presidential election for a moment… You had your die-hard liberals that voted for Hillary Clinton… and you had your loyal conservatives that easily cast their vote for Donald Trump. But there was also another group of voters out there… and they singlehandedly decided the outcome […]
08/05/2020
The story in markets this week is the same story it’s been since the bottom in March… Autopilot to the upside. That’s not without certain catalysts that would have normally applied downwards pressure – with COVID cases rising and the U.S. GDP data missing targets. All indicators pointing to a correction, eventually. […]
08/03/2020
There used to be 3 things you could be certain of: Death, taxes and the US Dollar as the world’s reserve currency. But is the US Dollar’s recent weakness the beginning of the end? Many “YouTube experts”, investors that can fog a mirror and self-proclaimed gurus have jumped on this […]
07/30/2020
As I was wandering around on the “interwebs” the other night, I happened to run across an ad for new short-form streaming service Quibi. In it, a staggering number of celebrities wearing hastily made costumes on haphazardly fashioned “sets” were re-enacting one of my all-time favorite movies, The Princess Bride. I’m fighting off […]
07/17/2020
A few months back, Zoom dealt with a scandal or problem where they weren’t securing webinar links enough. That means people were jumping into random meetings and “Zoom Bombing” users with all kinds of really strange stuff. While Zoom took a major hit for that, something else also happened… The […]
07/22/2020
World markets are mostly lower this morning as virus caseloads continue to surge in many countries around the globe.
07/20/2020
Much like last Friday, global markets are rather mixed this morning as the number of confirmed virus cases continues to soar to new highs.
07/17/2020
You know me, folks... I’m an old fashioned guy and I don’t beat around the bush. I like to think my updates aren’t any different.
07/16/2020
Lately, I’ve been selecting my favorite stocks to help us ride out the current economic storm, but yesterday…
01/14/2021
For this week’s trade idea, we want to continue an opportunity from last week and go over a possible Russell 2000 E-mini contract play. An E-mini contract is a futures contract that is worth one fifth of the corresponding full-sized contract. The first thing we noticed when looking at the […]
01/11/2021
It’s finally happened, traders… and it only took four days in the new year to come about… Our first trade idea for 2021. We’re the type of traders who like to trade a pattern until it breaks. And with the trend we’re seeing now, we’ll be in this trade as long as […]
01/06/2021
Happy New Year and welcome back to life after the holidays! In an effort to start 2021 nice and easy, we thought we could cover one of the simplest ways that investors can determine future trading opportunities. Fundamental trading news plays a key role when trading the markets. The aim of trading on fundamental news […]
01/04/2021
Have you ever wondered how many pips it takes to buy a house? It’s crazy how much trading has skewed our perception of money, and how we think in terms of the price of something. In case anyone has forgotten trading terminology over this much-deserved holiday break, a price interest point […]
12/23/2020
Mentality is everything. All of the trading knowledge and strategies in the world won’t help if you’re not mentally prepared. Sure, it’s important to know what you’re doing — but this job is not for the faint of heart. When you go to bed at night and when you wake […]
12/16/2020
Hey guys, as you know, we lost a big trade last week and tried to give you some take-aways on when that happens. So this week, we’re sharing a secret on how to prevent those big losses… Well, it’s not so much a secret. This isn’t a new groundbreaking trading […]
12/08/2020
It’s been a while since we talked, and we hoped to return with better news than this. We’ve made a lot of good trades lately and done some good things. However, we also lost a big one. A $7,896 big one… When you lose like this, it’s easy to panic […]
11/16/2020
There’s no denying that the U.S. is a little chaotic right now… And why wouldn’t it be? Why wouldn’t both Republicans and Democrats not do everything in their power to hang onto or gain control when a lot of money is involved? We’re not saying all the rumors you’ve been […]
01/07/2021
Do you know what index every single investor should be watching in 2021? Understanding this one indicator will improve how you trade and invest in the stock market in 2021. Here’s a hint, it’s how Wall Street spells fear: V-I-X. The Cboe Volatility Index (VIX) is a real-time index that […]
12/30/2020
The markets have been ripping higher these past few months as Wall Street is continually hit with catalyst after catalyst (i.e. the vaccine, presidential election and now the new stimulus check). So we’re not surprised that shorting anything right now (when the stock market is near hitting all-time highs) is […]
12/22/2020
We’ve got something exciting for you today: We just found the best cloud stock to trade for a break out during Q1 of 2021. The cloud computing stocks have been on fire during 2020 as the wave of enthusiasm for technology all but tripled once the pandemic and quarantine hit. […]
12/16/2020
We’ve finally put the election behind us and it looks like Democratic nominee Joe Biden is going to be the next President of the United States. As WealthPress Head Trader Roger Scott put it, I expect Biden’s plan to be all about clean and renewable energy. Wall Street Journal seems to agree, reporting that […]
01/15/2021
“It takes character to sit with all that cash and do nothing. I didn’t get to where I am by going after mediocre opportunities.” – Charlie Munger I started with nothing. Granted, I was blessed to have an incredibly supportive family. But with regards to wealth creation, I didn’t have […]
01/12/2021
When I sit down in the morning to log in and peruse the markets, I usually start off by scrolling through my newsfeed on Twitter. Given I have to cover several markets simultaneously, I’ve curated all the people I follow into broad categories and assigned them to lists that I […]
01/08/2021
Many of us are ready to forget about 2020. It was a tough year emotionally, physically, and financially for many. However, just because we are flipping the calendar doesn’t mean investment strategies need to flip too. The coronavirus sent markets into a tailspin in the early part of the year, […]
01/05/2021
About 20 years ago, I remember being incredibly excited to sit down and watch Ken Burns’ documentary on the history of Jazz. Without a doubt, that class was by far one of the coolest that I took in college, and I was anxious to see what Burns — whose previous […]
01/15/2021
We all know where the big moves in the stock market have been over the last year. Technology and Stay-at-home stocks have boomed to all-time high levels. Over that time, there’s a sector that many considered dead in the water. Now it is catching a bid and in a big […]
01/12/2021
Democrats have taken control of the U.S. Senate. This opens up a significant opportunity for significant political change. Could this be the start of full federal legality for marijuana and another boom in cannabis stocks? Several U.S. states decriminalized and legalized cannabis in the November elections, and with the Democrat win […]
01/04/2021
2020 is the year of the SPAC’s (Special Purpose Acquisition Companies commonly referred to as blank cheque companies). Participating in a SPAC deal allows companies to become publicly traded entities and raise capital. (Watch this video for clarification of what a SPAC is) Clever Leaves Holdings Inc (NASDAQ: CLVR) takes the […]
12/28/2020
Eat Beyond Global Holdings (CNSX: EATS) (OTCMKTS: EATBF) (FRA: 988) recently listed publicly and has had a dream start to trading life. Their stock price has shot up as high as 400% in just over a couple of weeks. CEO Patrick Morris, an experienced capital markets executive, joined Midas Letter to […]
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