Midas Letter


How the Presidential Election Will Affect the Stock Market

2020 has been filled with surprises and uncertainty… And is likely to continue as we approach the November U.S. presidential elections. It doesn’t matter where your political alignments or expectations lie, we are only interested in how an event changes/or does not change our investment strategies and where we see […]

WPTV: Why US Cannabis Stocks Are Making A Comeback & Why Now Is The Time To Buy

Stock market expert and Midas Letter founder James West is joining WPTV to take viewers on a journey through the cannabis industry. James has done the research and he has the stats to prove that now is the time to jump onboard the “doobie train!” Don’t waste your time “weeding” […]

How Will $5 Rapid COVID Test Affect the Overall Stock Market?

Abbott Laboratories (NYSE:ABT) received approval from the FDA for its rapid antigen test. The test which allegedly can detect whether a patient has COVID-19 in under 15 minutes. According to healthcare professionals the “$5 rapid test” could be the game changer in testing protocols for the virus. As there is an increasing […]

The Return of the Cannabis Sector?

The sector that has been overlooked from the onset of the COVID-19 pandemic that no one is talking about is… (drumroll please) Cannabis. We are all in agreement that people are largely staying-at-home more than they have ever done in recent times. The tech stocks are up. The e-commerce stocks are […]

How Much Value is Left in Tesla Stock?

Tesla Inc’s (NASDAQ:TSLA) incredible run to the upside – reporting nearly a 400% gain just this year – has left many a fundamental investor baffled. Last month, Tesla reported its 4th straight quarter of profits which qualifies the company to join the S&P 500 Index (INDEXSP:.INX). This inclusion will only fuel further investment from […]

How to Profit from Online Pandemic Spending

This week, traders have all had one eye on the retail sector and company earnings being reported. We saw the big hitters in that space report financials like Walmart Inc (NYSE:WMT), Lowe`s Companies Inc (NYSE:LOW), Home Depot Inc (NYSE:HD) and Target Corporation (NYSE:TGT)… Target being the stand-out winner – reporting record numbers in online sales. Their stock, which has already […]

Top 3 Gold Stocks for August

This is the first time since January we are seeing this phenomenon happening in the stock market! Technology stocks, as we all know, have been leading the way since the onset of COVID-19. Tech has become the flight to safety and the “utilities” as people work and stay at home. […]

How Russian COVID Vaccine will Influence the Stock Market

Russian President Vladimir Putin has declared that he has registered an effective coronavirus vaccine! Allegedly, one of his daughters has already received it and production is about to get underway. Whether you believe the effectiveness of the vaccine or not, this does pose important questions on how the stock market will […]

Has Warren Buffett Lost his Touch?

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 […]