And just like that, the longest economic expansion the U.S. has ever seen is over.
GDP data for the U.S. first quarter came out 4.8% lower today, and while investors were preparing for an annualized drop of 5%, the report is still incredibly alarming.
Six years of growth are gone in the matter of two months.
There’s an urgency to restart the economy, including from President Trump. He’s asking some governors to lift lock-downs amid re-election.
In today’s video, I’m also covering whether top tech stocks will rally… the weakest sector right now… a high probability trade with entry and stop loss… and the best way to profit from the industrial sector.
We’ve been dealing with the pandemic for over a year now. With more stimulus and vaccine options on the way, now is as good a time as any to share some stocks to target for reopening. We’ve spent a lot of time talking about inflation and what we’re seeing in […]
Long-term plays are hard to come by in 2020. But the recent pandemic-fueled market downturn (and economic fallout) doesn’t mean you can’t continue to grow your wealth. And this stock is my newest target… The company is poised to come out of this on top, and all things considered… I […]
Tuesday was a significant day for the future of agriculture as AppHarvest announced plans to join the Nasdaq and become a publicly traded company via a special purpose acquisition company, or SPAC, deal. AppHarvest will attain its listing after merging with SPAC Novus Capital Corp. (Nasdaq: NOVS). AppHarvest is a […]