| Where Are the Billionaires Putting Their Money? | |
For example, billionaire George Soros bought 2.7 million shares of Peloton and it's share price shot from $18 to almost $140! That's a 690% jump from ONE man pouring some of his wealth into a random stock.
Now if only there was a way to know when these billionaire moguls were going to buy into seemingly random stocks…
It's a good thing trading expert Adam Sarhan seems to have found just that. | | | | | Is GameStop's Ascent Really Just an NFT Explosion? | | With all of the uncertainty and volatility we're seeing in the stock market these days — inflation, the Nasdaq snapback, etc. — we thought we'd touch on something that has us a little excited. There's a new type of crypto that is sweeping the nation — even more than Bitcoin.
A non-fungible token (NFT) is an alternative form of cryptocurrency. Rather than a company using an outside crypto, it will create its own NFT with blockchain tech that can be used as payment, or as a collectible.
| | *clicking these links will automatically subscribe you to Joy of the Trade emails | | | | | Wondering About Big Tech's Rebound? Here's the Scoop… | | It's no secret the Nasdaq and some of its high-flying stocks have seen a massive dip of late… leaving many wondering when and if big tech stocks will rebound.
What we're seeing is what I call a tale of two tapes.
On one side of the tape… we have the Dow Jones Industrial Average hitting new all-time highs, including an intraday record today. The S&P 500 and Russell 2000 are both in the middle, still relatively strong and above their 50-day moving averages.
In the short-term, however, the market is still oversold. | | | | | A Kingdom of Wealth Could Be at Your Fingertips | | Kingmakers have been around for thousands of years…
They're the most influential people in the world. And right now, in the stock market, they consist of people like Warren Buffett, George Soros and Ray Dalio.
They can single handedly send the share price of any given stock to the moon.
| | | | "I just wanted to drop you a note about how FSP went for me last week. I view it as nothing short of incredible...I bought the options for a total of $2920, and sold them this morning for $5730.56, a profit of 96.25% in one week! A simple thank you is hardly sufficient for your amazing work!"
Ken R. | | | | Bollinger Bands® are a highly popular technique. Many traders believe the closer the prices move to the upper band, the more overbought the market, and the closer the prices move to the lower band, the more oversold the market. Bollinger Bands® are not a standalone trading system. They are simply one indicator designed to provide traders with information regarding price volatility.
| | | | Disclaimer: The material in this document is for informational purposes based on our proprietary research. It is not an offering, specific recommendation, or a solicitation of an offer to buy or sell any securities mentioned or discussed herein.
Any performance results discussed herein represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment. Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio. Any investment results set forth in this document are not net of expenses and execution costs, nor do they account for other relevant trading or investment fees. Please visit wealthpress.com/terms for our full Terms and Conditions. | | | | | |
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