Wealthpress

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• Trade Recap: My Best Electric Vehicle Stock Plays
• Stock Market Recap: Friday, Jan. 8, 2021
• Mailbag: What If You Bought Moderna Before December’s Swoon?
• Preparing for Chaos in 2021: Gold, Silver, Green New Deal Investments

Trade Recap: My Best Electric Vehicle Stock Plays Posted: 09 Jan 2021 10:07 AM PST Guys, I don't like to toot my own horn, but today I'm going to go over one of my trades that has done incredibly well. In this trade recap, I talk about one of my best electric vehicle (EV) stock plays, how we found it and what to look for in the future. This trade is one found in my Monthly Money Flows and Monthly Money Flows Elite services and it has done great.  The big news to start 2021 has been the "blue wave," and it definitely is a factor when talking about this stock and this sector. With the Democratic party now in control of both the White House and Congress, there's going to be a shift away from the sectors that did very well over the past couple of years.  The Green New Deal Is a Big Deal for This EV Stock Play There's a lot of talk about extra stimulus money, which will act as a Band-Aid as coronavirus cases continue to climb. Pot stocks are another sector garnering a lot of attention as cannabis makes its way toward federalization. For this EV stock play though, we have to look at the "Green New Deal."  This economic plan centered around green energy is going to make way for a lot of success in the renewable energy markets. Tesla Inc. (Nasdaq: TSLA) is king when it comes to electric vehicles. But, if you remember my take on its addition to the S&P 500, it may not be the stock to own anymore.  The EV stock play here is one that I'm still high on, and I expect it will only get better if/when the Green New Deal happens. This trade appeared on my radar earlier in the week and exploded by that evening. Let's recap that EV stock play, see how we found it, why it exploded and what strategy we should take away from this.  Be sure to email me your trading questions at jeff@joyofthetrade.com and subscribe to my YouTube channel. P.S. What would you do if you could trade just two days out of the month to pull thousands of dollars from the stock market?  One day to enter the trade and the second day to get out…  Thanks to this one market phenomenon, you can see which trades you should enter by the third trading day of the month…  With the chance to potentially get out with thousands in profits by the last one!  I'm breaking down everything you need to know about this strategy. The post Trade Recap: My Best Electric Vehicle Stock Plays appeared first on Wealthpress.

Stock Market Recap: Friday, Jan. 8, 2021 Posted: 08 Jan 2021 01:55 PM PST Wall Street closed mostly higher despite a decline in jobs due to the lockdowns — and more in Friday's stock market recap.  Excluding the Dow, the other three major indexes traded to fresh all-time highs shortly after the opening bell as the outlook for continued stimulus supported the bullish sentiment.  Stock Market Recap  The Nasdaq soared 1% after testing a record high of 13,208. The S&P 500 climbed 0.6% with the lifetime peak hitting 3,826. The Dow was up 0.2% after trading to an opening high of 31,140. The Russell 2000 fell 0.3% despite tapping an all-time high of 2,113. Consumer Discretionary and Real Estate were the strongest sectors with gains of 2.1% and 1.1%, respectively. Materials and Industrials were the leading sector laggards after falling 0.5% and 0.2%. Stock Market Movers Shares of Sarepta Therapeutics Inc. (Nasdaq: SRPT) plunged 51% after a key gene-therapy study produced disappointing results. The company said its one-time treatment for the rare disorder Duchenne muscular dystrophy failed to show benefits compared with a placebo. The unexpected news raised serious concerns on the potential for the therapy with a slew of analyst downgrades following the news. Data suggests the drug works, but its path to approval will be complicated and extended with modest benefits. Stock Market Outlook  For the week, the Russell 2000 jumped 5.9%; the Nasdaq soared 2.4%; the S&P 500 rose 1.8% and the Dow was up 1.6%. When the “First Five Days of January” are positive, it is typically a bullish signal for the stock market. Over the past 45 years, if January's first five trading days are positive, the major indexes have posted full-year gains nearly 85% of the time. In the seven down years, four were related to war, with the other years mostly flat according to the Stock Trader's Almanac. Global Economy European markets ended the week on a high note following better-than-expected economic news out of Germany.  France's CAC 40 and the Stoxx 600 rose 0.7% while Germany’s DAX 30 was higher by 0.6%. The Belgium20 gained 0.5% and the UK's FTSE 100 added 0.2%.  German industrial output was up 0.9% for November with exports rising 2.2%. Asian markets settled mostly higher despite China locking down a city near Beijing following a rise in coronavirus infections.  South Korea's Kospi zoomed 4% and Japan's Nikkei jumped 2.4%. Hong Kong’s Hang Seng rallied 1.2% and Australia's S&P/ASX 200 advanced 0.7%. China’s Shanghai slipped 0.2%.  U.S. Economy Nonfarm payrolls dropped -140,000 in December following the 336,000 rise in November. The unemployment rate was unchanged at 6.7%. Average hourly earnings were up 0.8% versus the 0.3% gain in November, while the average weekly hours dipped to 34.7 versus 34.8. Household employment edged up 21,000 after rising 140,000 in November, while the labor force increased 31,000 following the previous -182,000 decline. The labor force participation rate was flat at 61.5%. Private payrolls were down -95,000. The goods producing sector added 93,000 workers and manufacturing jobs gained 38,000. Meanwhile, there was a -188,000 drop in service sector employment with much of the weakness in the leisure, hospitality area which saw a -498,000 tumble in jobs. Government employment fell -45,000.  Stock Market Sentiment Federal Reserve Vice Chairman Richard Clarida sees no current need to adjust the pace or terms of quantitative easing and is not concerned about the 10-year yield rising above the 1% level. He sees a possible transitory rise in inflation over the springtime that could top 2%. With the new policy framework — where prices will be allowed to run hot — he said it will be quite some time before the Fed starts to think about tapering. Clarida said the duration of the bond buying program will depend on the speed of the recovery. The next several months will be challenging, he warned, but he expects the economy to deliver impressive results in 2021. He also said the drop in employment in December was disappointing, though labor market weakness is not likely to continue. The iShares 20+ Year Treasury Bond ETF (Nasdaq: TLT) was down for the fifth straight session following the second-half fade to $150.66. Longer-term and upper support from late March at $151-$150.50 was breached but held. A close below the latter would indicate additional weakness towards $149.50-$149. Lowered resistance is at $151.50-$152. Volatility Index The iPath S&P Vix Short-Term Futures (NYSEArca: VIX) fell for the fourth straight session with the intraday low tapping 21.42. Current and upper support at 21.50-21 was breached but held. A move below the latter would signal a possible retest towards 20.50-20 with the late-November low at 19.51. Lowered resistance is at 23-23.50 followed by 24.50-25 and the 50-day moving average. Stock Market Analysis The S&P 400 Mid Cap Index (NYSE: MID) had its three-session winning streak snapped despite testing an all-time high of 2,434 shortly after the opening bell. Unchartered territory and lower resistance at 2,425-2,450 was breached but held. A close above the latter would indicate further momentum towards 2,475-2,500. Support is at 2,400-2,375 followed by 2,325-2,300. RSI (relative strength index) is showing signs of leveling out with key resistance from early June at 75 holding. A move above this level would signal a possible run towards 80 and the overbought peak from early October 2017. Support is at 70-65. Sector The iShares MSCI Emerging Markets ETF (NYSE: EEM) surged to a late-day and fresh multi-year high of $54.74. Longer term and lower resistance at $54.50-$55 was cleared and held. A move below the latter would be a bullish signal for additional strength towards $55.50-$56 and levels from October 2007. Fresh support is at $54-$53.50 with a close below $53 suggesting a possible near-term top. RSI is in an uptrend with key resistance at 75 getting cleared and holding. Continued closes above this level would indicate strength towards 80-85 and overbought levels from February 2018. Support is at 70. Check back after the closing bell for the most important news and numbers in the WealthPress stock market recap.  The post Stock Market Recap: Friday, Jan. 8, 2021 appeared first on Wealthpress.

Mailbag: What If You Bought Moderna Before December’s Swoon? Posted: 08 Jan 2021 01:30 PM PST Welcome, everyone, to my latest mailbag segment. Many of you commented on last week's video about Moderna Inc. (Nasdaq: MRNA) and where I see the stock potentially doubling or even tripling by the end of this year.  At the current price, you're getting a stock that has the potential to double or triple. Many of you complimented the video, which I appreciate. But it sounds like many of you also bought the stock back in December, just as it peaked — and before it fell 40%.  WealthPress’ Jeff Yastine I know the feeling. I know the frustration. And it's not fun.  Now you're wondering what to do with the shares. I cannot advise you as I'm not a registered investment adviser… nor a broker… nor a financial planner. That's not what we do here at WealthPress. Like you, I'm an investor myself, just giving my opinions and sharing my experience.  But if you already own the shares and your position is underwater, if you do not need the money for something else important like rent or food… Why not have some patience and what my old football coach used to call "intestinal fortitude" with the stock and see how it plays out?  And always consider risk management when buying stocks and how many shares you buy. (Pro tip: Check out my guide on how much you should invest.) Years ago, I used to be especially fearful myself. Then I got into the habit of buying stocks in smaller quantities. That way I wasn't freaked out if the shares suddenly tanked.  But I also got into the habit of holding my position for months or even years. Eventually you develop more patience with your positions and realize… Good stocks go on great runs, they pull back a bit, rest for days, weeks or months… and then they move higher again.  On to this week's other questions! Mailbag: Pot Stocks, Apple, Tech, Biotech and More! What do you think about (the) world of cannabis in the future — Bonnie It just so happens I posted a video this past week on this sector, which I'm actually interested in now that there's been a change in power in Washington.  I also posted a video recently saying it might be time to dump shares of Apple while it's near record highs and since the company is considering getting into the EV market.  Check out my short video and let's dive into several topics you emailed about including Apple Inc. (Nasdaq: AAPL), more broad thoughts on the tech sector, a great question about biotech stocks and my favorite drone stock (which I'm up 170% on!).  And as always, send your investing questions to jeff@yastine.com. Be sure to subscribe to my new YouTube channel to see all my videos. You can also follow me on  Twitter and Facebook. P.S. How to Get Ahead of Wall Street If you're tired of staring at stock charts all day just to pick through Wall Street's crumbs, then you've come to the right place. In this presentation, Forbes contributor Adam Sarhan will show you how to target today's most explosive stock market opportunities ahead of Wall Street's elite.  And you won't have to make risky bets or get special brokerage permission to do it.  Simply click here to start learning about Adam's little-known "Alpha Trades" and how they can transform your investment account.   See How Alpha Trades Could Transform Your Account The post Mailbag: What If You Bought Moderna Before December's Swoon? appeared first on Wealthpress.

Preparing for Chaos in 2021: Gold, Silver, Green New Deal Investments Posted: 08 Jan 2021 10:27 AM PST Many of us are ready to forget about 2020. It was a tough year emotionally, physically, and financially for many. However, just because we are flipping the calendar doesn't mean investment strategies need to flip too. The coronavirus sent markets into a tailspin in the early part of the year, only to come roaring back on the heels of enormous fiscal stimulus packages. With trillions still to be deployed around the world. Hard earned dollars that you and I work for have transformed the financial system into one with trillions of dollars or "imaginary digits" printed by the Central Bankers around the world. Except these digits are not imaginary and will have profound consequences down the road. Did you know… In the United States alone, US money supply measured by the MZM (the broadest money supply measure), increased by $4.7 trillion last year? On average since 1980, the average annual increase was $400 billion. This means that last year over 10 times the average was printed. Since 2000, the MZM money supply has quadrupled from $5 trillion to $21.7 trillion. Make no mistake financial heroine (and financially transmitted diseases) is here to stay. Democrat Majority, Precious Metals and Traders Under President-Elect Joe Biden, there will be no shortage of capital being put to work. It appears the Democrats have pulled off a win in the Georgia runoff. This provides a clear policy route for expansionary fiscal policy and Biden's Green Agenda. Given the current and expected "digit printing" you would think that the "smart money" would be aggressively positioned in gold and silver. But they aren't. We can look at this through the lens of the Commitment of Traders report, which shows the positioning of non-commercial traders. Below is a chart which shows the net positioning (longs minus shorts) for noncommercial gold traders. Here is the chart for the net positioning of non-commercial traders in silver. As you can see, positions are not aggressively elevated, it is clearly not a one-sided trade yet. At least from the "smart money" perspective. Contrary to what my friends Tom Kaplan and Ross Beaty say (and believe we are still in the early stages of the gold boom), I still believe we are in the "Minor Leagues". And that means the party hasn't started in earnest. Gold is Heating Up… As you can see from previous bull runs, we still have a long way to go if we want to have the same type of appreciation as other major bull markets. In the United States under a Democratic majority the road is paved for increased stimulus which will push bond yields lower. Lower bond yields force safe haven investors to look elsewhere for capital appreciation which is good for gold. A substantial portion of stimulus is ear marked for President-Elect Biden's Green Agenda. It is a multi-trillion-dollar stimulus package that aims to put America front and center when it comes to sustainability and green technologies. We have all seen the soaring share prices of companies like Tesla Inc. (Nasdaq: TSLA), QuantumScape Corp. (NYSE: QS) and ChargePoint. Carbon free emissions will soon be all the rage and those who are carbon emitters are going to pay, and big time. The price of a carbon credit was up 35% last year. Pay attention to this. What could bring all the hopium crashing down? The biggest wildcard is inflation. In 2008-2009 the globalization era absorbed enormous amounts of stimulus and provided capital the ability to rotate which curbed inflation. This time around, this may not be so easy. What will Fed Chair Powell and Treasury Secretary Yellen do if inflation gets to 3-4% and the unemployment rate is still 7 or 8%? Uncertainty is great for investors because it provides opportunity and volatility. Both of which I love. Subscribers and I are fresh off an incredible year, where we had multiple triple digit winners, including one stock that returned over 400%. If you felt like your portfolio didn't harness the opportunities in 2020 very well, or are looking for new ways to generate wealth, consider becoming a subscriber of my premium research service, Katusa's Resource Opportunities. In my latest issue, published just days ago, we covered: How to buy "insurance" for your entire portfolio. Two NEW deals to be ready for – including a Silver play you don't want to miss. What the Bond Market is whispering to us. Two watchlist targets that were hit and added to our portfolio (one energy and one gold stock). The opportunities that are lining up in the resource markets in the coming months are nothing short of spectacular. If you're on the fence, you might not have much longer to make up your mind. My subscribers and I are well prepared, cashed up and ready for the next leg in what I believe is the biggest commodity bull market you'll see in your lifetime. Are you? Regards, Marin   The post Preparing for Chaos in 2021: Gold, Silver, Green New Deal Investments appeared first on Wealthpress.

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