📝 The Cheat Sheet - July 11, 2020

 
Profit Trends

-9.9% YTD

-2.7% YTD

17.0% YTD

Dow Jones Industrial Average

S&P 500 Index

Nasdaq Composite

 
Gold Bar

3 Renewable Energy ETFs to Power Your Portfolio

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Barrels

Space Stocks: The Space Race Is Heating Up

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Buy Blue

Considering Nikola or Tesla? Buy This EV Company Instead

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Disney World
 

Watch out, Tesla (Nasdaq: TSLA)! There is more competition moving into the EV space. Workhorse Group (Nasdaq: WKHS) soared past most other EV makers on the market when shares skyrocketed 436%. And last month, Nikola (Nasdaq: NKLA) went public through a merger deal, causing shares to rise 60%.

Now EV maker Fisker Inc. is planning to go public in a similar way. Spartan Energy Acquisition (NYSE: SPAQ) is leading the bidding war to buy the company and may land a deal for close to $2 billion. Shares of Spartan Energy shot up more than 35% on this news.

 

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Video - Matthew Carr 5G

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Left Quote

I adhere to a remarkably simple rule in investing... Revenue must be growing.

Right Quote
 

- Matthew Carr
Chief Trends Strategist

 
 
Chart - Five Companies Trading at Steep Discounts
 

A new space race has been sparked. But this time it's not between countries. It's between Silicon Valley tech giants.

And the plans they have are like nothing the world has seen before.

Those four companies alone are on pace to launch more than five times the number of satellites that 40 countries have put into orbit over the last six decades.

But that's only the beginning...

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