According to McKinsey, we will see a seventeenfold increase in battery demand by 2030. We should also see at least 100 billion additional units of 1-gigabyte dynamic random-access memory, a type of memory chip used in most laptop and desktop computers, shipped worldwide over the next three years. Global e-commerce sales soared 186% from $1.5 trillion in 2015 to $4.29 trillion in 2020. Statista estimates that global e-commerce sales will hit $7 trillion by 2023. The global inventory of electric vehicles (EVs) has increased sevenfold over the last five years. EVs now make up approximately 2.8% of the global car fleet. Solar power generation, the most important renewable energy source, increased twentyfold from 2010 to 2019. This will soon provide us with both cleaner energy and a healthier environment. According to McKinsey, the market for industrial robots has been compounding at 19% per year since 2013. Shipments are up fourfold since 2010. And double-digit growth is expected again in 2021. The adoption of 3D printing is rising. Indeed, the market doubled in size from 2016 to 2020. The cost of sequencing the human genome has plummeted. It cost $100 million to sequence an individual's genome in 2001. Twenty years later, it costs less than $1,000. And it is headed to less than $100, transforming human health and personalized medicine. Most of today's technology trends are exponential. Yet most people don't appreciate what that means. If something doubles 10 times, it results in 1,000 times growth. But if something doubles 30 times, it results in 1,000,000,000 times growth. Yes, 1 billion times. We're not talking about money compounding at that rate, of course. That would be impossible. But technology is built on ever-increasing computational power. Processing efficiency has improved by orders of magnitude in the last 30 years. Since 1990, it has increased by a factor of 100,000. These trends are leading - almost inexorably - to a more prosperous society and a wealthier world. As an investor, you want to capitalize on this. There is tremendous innovation going on today in cloud computing, robotics, sensors, networks, 5G, artificial intelligence, quantum computing, genetics, 3D printing and dozens of other industries. The companies that are successfully capitalizing on these trends are seeing their sales, earnings, market share and, of course, share prices shoot higher. That's why momentum stocks have been - and will continue to be - the area of the market that offers traders and investors the highest potential returns. Good investing, Alex P.S. Want to learn more about my momentum investing strategy, along with the hidden way I identify stocks about to take off? Just watch my latest interview with bestselling author and longtime subscriber Bill O'Reilly. Click here to watch. | 
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