Wealthpress

Wealthpress

Bitcoin, Cannabis and Copper: Where to Invest Next?

Posted: 16 Feb 2021 10:22 AM PST

The S&P 500, Dow Jones, and Nasdaq are all setting record highs. The price of cannabis dropping last Thursday (seemingly due to the Reddit influence) looks like an excellent entry point for traders looking for the sector to grow in the future. Bitcoin is surpassing $50,000. And copper prices are touching their highest level since 2012.

All of this, coupled with signs of the pandemic slowing, seem to be an embarrassment of riches.

The melt-up is continuing until proven otherwise.

So the question becomes, where to distribute your investments to capitalize on these themes and protect your wealth moving forward?

Watch the Morning Roundtable, where we discuss all these themes and what we are investing in this week.

The post Bitcoin, Cannabis and Copper: Where to Invest Next? appeared first on Wealthpress.

Is Now the Time To Buy Cruise Line Stocks?

Posted: 16 Feb 2021 09:50 AM PST

I watch what companies are trending in Google searches, and I know many of you are wondering if now is the right time to buy cruise line stocks. 

Google's trending algorithms also tell me there's a great deal of interest in both Carnival and Royal Caribbean. The idea is that vaccinations for COVID-19 are becoming more readily available, so it's only a matter of time before Carnival Corp. (NYSE: CCL) and Royal Carribean Cruises Ltd. (NYSE: RCL) shares shoot to the moon. 

In fact, since Nov. 16, shares of CCL are up about 25% as of this morning. But over that same time period, shares of RCL, which are almost three times as expensive as CCL, are down about 6%. 

I actually turned bullish on cruise stocks back in August and rode the wave to a 40% gain before selling. My thinking was they had their big run up, and they'd likely move down or sideways at best until we had another major catalyst. 

So is the COVID-19 vaccine rollout that major catalyst?

Is Now the Time To Buy Cruise Line Stocks? 

Maybe a year ago, I would have said, yes, vaccinations are the major catalyst we need to send these beaten-down stocks moving higher. But at this point, for Carnival — and really the same for Royal Carribean — they've become more of a "show me" stock. 

It's one thing to see various catalysts we think will help move the shares up. But ultimately, the only thing that matters is what the stock itself does. And looking back at the stock chart of Carnival, it was already in a downtrend dating back to 2018 — and that's before shares cratered amid the crash from February into March 2020… in the early days of the pandemic.  

So check out my short video and we'll take an in-depth look on whether now is the time to buy cruise line stocks. 

And as always, send your investing questions to jeff@yastine.com. Be sure to subscribe to my YouTube channel. You can also follow me on  Twitter and Facebook.

P.S. Please Don't Tell Anyone About This

What I'm about to tell you is top secret… so please, don't share it with anyone else. 

Most people don't know this, but there's a secret calendar that reveals the exact dates certain stocks on Wall Street are going to go up every single year. 

I'm serious. This mysterious calendar has spotted a new stock every single week that, once triggered, pops like clockwork. 

It's so accurate, you could set your clock to it and watch your trades shoot to the moon — regardless of what's going on in the rest of the stock market. 

And right now, we're giving you access this calendar… and the man behind it… absolutely free. 

See for Yourself

The post Is Now the Time To Buy Cruise Line Stocks? appeared first on Wealthpress.

What’s Driving the Stock Market Right Now

Posted: 16 Feb 2021 06:45 AM PST

Global stock markets and U.S. futures are higher this morning following more vaccine rollouts and hints that the rate of new COVID-19 infections is starting to slow down. 

In Japan, the first COVID-19 vaccine was approved on Sunday. It's said that 20,000 front-line medical workers will get the jab first, followed by about 3.7 million other medical workers and then elderly people starting in April. 

It's no secret that global economies have been hit hard by the COVID-19 pandemic, but investors continue to send stocks higher on hopes that Washington will come through with President Joe Biden's $1.9 trillion economic stimulus package. 

But there's one small problem…

In today's video, I'll show you the top performing sectors during this earnings season… an update on the long bond breaking lower… the ETF that tracks Bitcoin tick for tick… and a basic material stock on the verge of a potential breakout.

 

P.S. Right now, massive hedge funds, institutions and banks are all gearing up to take over the market with algorithmic trading. 

And they plan on leaving you in the dust!

According to CNBC, these algorithms are already dominating over 80% of today's equity market and far outperforming traditional stock-picking strategies. 

But there's still hope left for the everyday investor. 

I have developed an algorithmic trading machine that at-home investors just like you can use without needing to own millions of dollars in upfront capital.

Click this link to see it. 

The post What's Driving the Stock Market Right Now appeared first on Wealthpress.

How To Make $5K Trading a Non-Farm Payroll Report Day

Posted: 15 Feb 2021 12:09 PM PST

Do you know what a non-farm payroll (NFP) day is?

The NFP report is published by the U.S. Bureau of Labor Statistics on the first Friday of every month and represents the number of jobs the economy gained during the month before that aren't farm related.

The report shows investors how healthy the U.S. economy truly is — including critical  information about the unemployment rate, the average of hourly earnings and which sectors are growing or shrinking.

The NFP report also represents one of the most anticipated days for forex traders as they'll usually see big movements in price immediately after the data is released.

Which is how we were able to make more than $5,000 in less than an hour.

The post How To Make $5K Trading a Non-Farm Payroll Report Day appeared first on Wealthpress.

3 Tech Stocks I’m Targeting in 2021

Posted: 15 Feb 2021 11:16 AM PST

There's something big I need everyone to understand…

Right now isn't the time to focus on FAANG stocks. And why? These stocks have actually been underperforming small-cap technology stocks. 

But don't worry, folks… 

There are still plenty of tech stocks to watch in 2021. And since it's my job to come up with new ways for my readers to make more money, I've decided to give away the three tech stocks I'm targeting right now. 

If you've been keeping up with my daily videos for quite awhile, then the first tech stock to watch in 2021 shouldn't be any surprise. We've talked about this tech stock before and it has only gone up since.

So let's not waste anymore time…

The Top 3 Tech Stocks To Watch in 2021 

The first stock on my list of tech stocks to watch in 2021 is Pinterest. 

Pinterest Inc. (NYSE: PINS) is a social media platform that allows people to virtually share images and discover ideas for daily activities like remodeling a house, planning a dream wedding and even training for a marathon. 

The one-year return for this stock is 251%. And if you pay close attention to today's analysis, you'll notice Pinterest is a real winner. It has been outperforming the broader market and hitting all-time highs. 

Just so you know, the first time I mentioned this stock to you it was trading around $25 a share. When I started filming today's video, that number had climbed to $80 a share.

So yes, I'm still bullish on Pinterest. 

And if you're looking to purchase this tech stock to watch in 2021, I'd wait for it to pull back to its 50-day moving average (currently around $73 per share) for a good buy opportunity. 

But Pinterest isn't the only tech stock to watch in 2021… 

Check out my short video below to reveal all three of the tech stocks I'm targeting in 2021. And if you haven't already, don't forget to subscribe to my YouTube channel so you can be notified as soon as I post my next video. 

The post 3 Tech Stocks I'm Targeting in 2021 appeared first on Wealthpress.
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