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These Cheap Stocks Are Traps — Don’t Buy Yet!
May 11, 2020 2020 Financial Crisis, American Investor Today, Wealth Protection
(3-minute read) Global auto sales are plunging, along with rental companies’ and automakers’ stocks. These cheap stocks have further to fall. Don’t fall into this bull trap. Who Needs Jobs?; Uber Eats $3 Billion Loss; Roku’s Still Boss
May 8, 2020 Great Stuff
Friday Four Play: The ¯\_(ツ)_/¯ Edition It’s official. The U.S. economy is in tatters … and Wall Street doesn’t seem to mind. According to the Labor Department, the U.S. lost a record 20.5 million jobs in April. That’s roughly 25 times more lost jobs than in the worst month of the 2008 financial crisis. Furthermore, […] Everyone Thinks This Lockdown Darling Will Soar — They’re Wrong Description: (4-minute read) Don’t buy this streaming stock because of the lockdown. All of our binge-watching doesn’t translate to growth in the stock. John Ross’ chart shows why the stock is set to fall in the coming weeks — and how you can profit from the move.
Jobs on the Line; Peloton’s Doing Fine
May 7, 2020 Great Stuff
Wall Street’s Breaking Bad This must be Thursday. I never could get the hang of Thursdays. — Arthur Dent, The Hitchhiker’s Guide to the Galaxy. Indeed, it is Thursday, dear reader. And you know what that means … weekly unemployment claims and a market rally. (More optimistically, it’s also Reader Feedback day! Read on…) The […] Your Next Move: Ride This Company’s 25% Surge There’s one company that many people who are making a move think about. Its business is growing in all 50 states, as well as in 10 Canadian provinces.