Category: Investment News

Here we go again… Get ready for more headlines over another stimulus package. Congress has reconvened with a busy schedule over the next couple of weeks. First, lawmakers must reach a deal by the end of next week on a new spending plan to fund the federal government or risk a shutdown. They must also try again to hammer out a new fiscal stimulus plan. Their pre-election effort provided plenty of market-moving developments, but no deal. Now, as I write this, there are no fewer than three separate proposals in circulation. It’s anyone’s guess if we’ll end up with a[…]

In New York City, waiting in lines is so much a part of life that there’s an entire industry around paying people to save peoples’ spots. COVID-19 testing lines are no different. The entire country is seeing hours-long lines to get tested, but New Yorkers are tackling the situation in a way only New Yorkers can. After being put out of work due to the pandemic, many New Yorkers are getting paid to hold someone else’s place in COVID-19 testing lines. Using the TaskRabbit app, people who need to be tested but don’t have time — or the desire —[…]

Tesla’s Distant Early Warning The world weighs on my shoulders. But what am I to do? You sometimes drive me crazy. But I worry about you. — Rush, “Distant Early Warning” Great Ones, I have a red alert (red alert) for you today. And if you’re a Tesla Inc. (Nasdaq: TSLA) investor, you’ll want to pay close attention. S&P Dow Jones Indices announced today that Tesla will be added to the S&P 500 Index all in one shot on December 21. To the overall market and the talking heads on Wall Street, this is a good thing — nay, a[…]

Monday was a milestone day for cryptocurrencies. Bitcoin hit a new all-time high and is showing no sign of slowing down. More gains are on the way — and not just for bitcoin. Having followed the last crypto boom closely, I see that this rally is different. That’s because the cryptocurrency market has three catalysts pushing it higher. U.S. Federal Debt Is Growing — Fast Due to the ongoing pandemic, the U.S. deficit as a percentage of gross domestic product (GDP) is at its greatest level ever. The U.S. enacted fiscal stimulus as the economy came to a halt, adding[…]

I did it. I found my own answer to Jim Cramer’s old FANG stocks. My version for you includes four incredible America 2.0 stocks leading the way in their respective industries. If you bought when I first recommended it, you’d be up 320%! The best part: I believe there’s still massive upside to these four stocks if you buy in today. Get the four power plays for your 2021 portfolio now: Don’t forget: STUF is a free glimpse of our Profits Unlimited portfolio. Check out the full story about the era of America 2.0 and find out how you can[…]

Investing is a lot like sailing. Back when I delivered and raced sailboats on the open ocean, you picked your heading and set the sails accordingly. The wind took care of the rest. Other times it was all hands on deck. Reefs, dangerous currents and massive merchant ships at close quarters required constant vigilance and course corrections. For investors, autopilot has worked well for much of the last decade. The Federal Reserve’s largesse produced an epic bull run. It’s been easy to go along for the ride. The COVID-19 pandemic changed all that. The Fed is still providing a steady[…]

But I Said No Take-Backsies! You ever have a deal go bad on you? Like, I don’t know … you finally get an order confirmation for a PlayStation 5 — something you dreamt about buying since it launched — and all of a sudden, that order gets canceled? No warning. No indication that anything’s wrong. Just an email from Kohl’s telling you the order is canceled. (Am I bitter? Yes, I’m bitter…) This again? Somebody get this man a PS5 already so we can start talking about the market! Hold on … there’s a market lesson in here too, Great[…]

On December 17, 1903, the Wright brothers flew the first successful heavier-than-air powered aircraft. A short four years later, both the U.S. and French armies contracted the brothers to build a flying machine for military use. In World War I, there were 50 different aircraft designs and over 200,000 planes constructed for reconnaissance and combat missions. And although the first scheduled passenger air service traveled between St. Petersburg and Tampa, Florida, in 1914, it wasn’t until the 1950s that commercial air travel really took off. It took a few decades for the modern jet engine to replace the early piston[…]