Category: Commodities

As 2020 approaches the finish line, it’s a good time to evaluate what lies ahead. If this year taught us only one thing, it’s that we can’t predict everything. But even without a clear path, we can still head in the right direction. Right now, it’s looking like these four things will happen in 2021. Dollar Devaluation and a Stock Market Rally It’s time to get out of cash and into stocks. With a high likelihood of fiscal stimulus and the Federal Reserve’s pledge to keep rates low, the outlook is grim for the U.S. dollar. A COVID-19 vaccine will[…]

A “Sacred Number” Did you see?! Did you see?! The Dow Jones Industrial Average closed above 30,000 yesterday for the first time ever! How could you not see it? It’s pretty much the only thing that every single financial rag and talking head can think about lately. Even President Donald Trump came out of hibernation to comment on the occasion, calling Dow 30,000 a “sacred number.” I’m not sure I would call it “sacred.” The Holy Hand Grenade of Antioch … now that’s sacred. But Dow 30,000? Is it really the holiest of holies? Well, it depends. If you’re into[…]

Unless 2020 has another twist in store (besides the latest appearance of hammer-head worms in Georgia), we’ll celebrate the Thanksgiving holiday tomorrow. This year, gold and cryptocurrency investors have plenty to be thankful for. Copper investors as well, as Ted explained yesterday. Gold made all-time highs, topping $2,000 per ounce in early August. And although it’s given back some gains, gold prices are still up 19% for the year. Not to be outdone, Bitcoin has been on an absolute tear since September. The cryptocurrency is up 168% on the year. There are any number of catalysts driving these two assets[…]

Our House, in the Middle of Wall Street Stay-at-home stocks are quite profitable this year. But unless you’re one of the Sultans of Swing trading, it’s been quite the bumpy ride — especially now that Wall Street has vaccine fever. There are solutions to this Mylanta-infused volatility … and they don’t include more cowbell. OK, they do. But cowbell alone won’t help your portfolio. Blasphemy! You can always attempt to swing with the sinners. But if your timing isn’t spot on, you’ll end up crying with the saints. Sure, the sinners are much more fun, but it’s a quick way[…]

It’s Predictions Week here at Smart Profits Daily. And you should know … I have a history with these essays. In 2018, I told you to buy when others are fearful. If you bought one of my recommendations that year — Carvana Co. (NYSE: CVNA) — you would now be up more than 600%. Last year, it was all about biotech. And of course, 2020 followed. That brought volatility. However, Atara Biotherapeutics Inc. (Nasdaq: ATRA), one of my picks from 2019, is up 304% from its March 2020 lows. Overall, the two names I recommended last year are up an[…]

There’s a lot to be thankful for this year! You are at the top of my list. And we can all be thankful that our mega trends have shined. Some people think we’re in a bubble. We’re not. This is a major acceleration! It’s made it possible for America 2.0 upgrades such as: working from home, telemedicine and new energy. As you prepare for 2021, I want to make sure your portfolio is in the best shape to face the market’s up and coming attractions — SpaceX, precision medicine, crypto… This opportunity is once-in-a-lifetime. Watch today to see how you[…]

The chart below looks like some blistering new technology company. It’s blowing the stock market’s performance away like a pile of dry leaves before a leaf blower. So … to whom does this slick ticker belong? Zoom? Tesla? Apple? Nope. It belongs to one of a select group of companies whose products make those technology superstars possible. Without the former, there’d be no electric vehicles, no cell phones and no video calls. You’ve probably heard me say that I prefer the “pick-and-shovel” companies to any one gold miner. Not every gold miner strikes it rich, but every one of them[…]

As we approach the end of 2020, pundits are providing their forecasts for 2021. This annual exercise holds important information for the next year. It’s information no investor can afford to ignore. The secret to investing in 2021 is something investors already know: Adapt to the market in real time rather than trying to impose your wishes on the market action. You already understand that no one knows what will happen over the next 12 or 13 months. Those writing these forecasts must know that. This means their forecasts are either for entertainment purposes or they take themselves too seriously.[…]

All I Want for Christmas… There’s only one thing I want for Christmas this year, Great Ones. Can any of you guess what that is? World peace? 1,000% gains? A vaccine? Market rationality? Tell us! This sounds corny, but I want a Sony Corp. (NYSE: SNE) PlayStation 5 Digital Edition. I want to bask in the warming glow of the PS5’s glowing warmth while I shoot space aliens on Christmas morning with friends and family … just the way the Almighty intended us to celebrate his birthday. Or something… But I’m not getting one, thanks to reseller groups and their[…]

It’s hard to believe, but the year that has seemed like it would never end is entering its final month. In 2020, the best strategy has been to expect the unexpected. If you would have told me that a snake/bat virus that originated in a Chinese wet market would kill over a million people, ground us in our homes and cripple the global economy — I would have told you that the recreational weed you were smoking probably wasn’t legal yet. And if you’re in Arizona, Montana, New Jersey or South Dakota — states that recently voted to legalize marijuana[…]