📝 The Cheat Sheet - April 11, 2020

 
Profit Trends

-16.9% YTD

-13.7% YTD

-9.1% YTD

Dow Jones Industrial Average

S&P 500 Index

Nasdaq Composite

 
Buy Blue

5 Companies Trading at a Discount

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Barrels

Could Crude Oil Prices Drop to $5 per Barrel?

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Gold Bar

COVID-19 Disrupts the Gold Market

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Plan A Plan B

How to Use Inverse ETFs to Your Advantage in a Down Market

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Saudi Arabia has been flooding the market with excess barrels of crude. If this continues, the world will quickly run out of oil storage.

This past week, OPEC and its allies finally agreed to cut production by a historic 10 million barrels per day (bpd). But this plan came to a stop when Mexico dug in its heels. OPEC and its allies asked the country to cut production by 400,000 bpd, but it agreed to only 100,000 bpd.

On Friday morning, Mexico reached a deal for further cuts after President Trump agreed to cut an additional 250,000 bpd. OPEC still needs to approve this measure in order to move forward with the production cut agreement.

 

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Video - Matthew Carr and Babies

 

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Left Quote

These are expensive stocks that are now on sale. Don't expect them to stay that way forever.

Right Quote
 

- Matthew Carr
Chief Trends Strategist

 
 
Chart - Five Companies Trading at Steep Discounts
 

These five companies have seen their share prices fall below $100. But they could rocket back above that level in the weeks and months ahead.

Even better, most of them pay dividends, which can provide income or an extra return boost through a dividend reinvestment program.

That makes them a lot more attractive - and affordable - for the long haul.

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