Yesterday I told you about a bet I have with legendary growth investor Louis Navellier. Louis and I got together recently, and he told me that he expects the Dow will hit 40,000 within the next 12 months. I don’t disagree with him. If you’re a regular MoneyWire reader, you know how bullish I am on stocks. Believe it or not, I’m even more bullish on bitcoin. So I took Louis’ statement and raised him. I think bitcoin will get to $40,000 in the next 12 months… and I’m calling for it to get there BEFORE the Dow gets to 40,000. In the coming days, I’ll show you exactly why I expect bitcoin will beat the Dow to 40K. But for today, I’m going to let Louis take the reigns and share his argument first.

I enjoy a friendly wager as much as the next guy. I’m not talking about serious gambling, though when we invest we do make a “bet” on stocks that we expect will be worth more in the future. But when we invest, research, analysis, and experience tip the odds much more in our favor than betting on who will win the Super Bowl. I’m talking about a friendly bet on a game or at the golf course. I’m a huge sports fan. I have been as long as I can remember, from my days growing up in Philadelphia through my time as a college athlete right up to the present. Longtime readers know how thrilled I was last fall to realize my dream of becoming a Philadelphia 76ers season ticket holder – and then how disappointed I was when the pandemic brought the season to a screeching halt in March.

The Nasdaq finished today in the red, marking the first time the tech-heavy index has experienced consecutive down sessions in more than 50 days. But guess what? That’s okay! We’ll take a closer look at the recent market action in today’s new episode of MoneyLine, including why I believe a pullback of up to 7% is possible. I’ll also tell you why I do not plan to sell anything in the potential weakness… and instead am working on my watchlist of stocks to buy. Then, I dive into the chart of the week. You may be surprised to learn what sector is breaking out to a new all-time high. I’ll give you a hint: It has to do with the flight to the ‘burbs. Speaking of breakouts, the action we’ve seen in bitcoin this week could be the start of what I believe is crypto’s next huge leg higher.

If you’re a member of one of my investing services or a regular MoneyWire reader, you know that I go after big profits over the long term. I dig deep for the best companies driving and benefiting from unstoppable hypergrowth trends taking us into the future, and then I stay with them unless the reason we invested to begin with changes. (I just talked about this strategy in more detail a few days ago.) Investing for the long term has made a lot of people a lot of money – my own subscribers included. But that doesn’t mean there isn’t a place in the investment world for short-term traders. My friend Stefanie Kammerman is the perfect example of this. She’s built her fortune on trading what are called the “Dark Pools."

Is gold a buy today? The yellow metal continues to run to multi-year highs. So is it too late? Or should you consider silver? Then you must wonder if it’s better to own the miners of the precious metals… or the actual metal… or what about an ETF? So many questions about gold and silver are top of mind for investors right now. And it only gets more complicated when you add cryptocurrencies, copper, and other metals into the mix. During a time when central banks around the world are keeping interest rates near record lows and currencies are being “printed” to pay for stimulus, it makes sense that commodities are an attractive investment option. That’s why I recorded a special episode of MoneyLine today. I share my specific thoughts on gold, silver, bitcoin and altcoins, the miners, copper, and even uranium stocks!

I get this question all the time. When I recommend a stock, I often get asked at what level should a stop-loss order be set? At what price? Or at what percentage pullback? My answer is always the same… do not set one. Nearly every investment professional will tell you that it is imperative to use a stop-loss order to protect yourself from sudden losses. I completely disagree. And I have the perfect example that proves why my strategy works. I recommended Livongo Health (LVGO) to my Early Stage Investor subscribers exactly 11 months ago today – on August 21, 2019. The stock has since climbed more than 220% from our buy price around $35, while the S&P 500 is up a mere 11.4% during the same timeframe. That’s unbelievable outperformance… but it wasn’t a smooth ride.

When we made the turn into the second half of the year, I had a little fun and went back to look at my predictions for 2020. I confess that a global pandemic was not on the list, so I cringed a bit when I opened the list. I didn’t need to. I must say, they were pretty darned good for the halfway point of a crazy year. We’ll talk more about all of them another time, but the one I want to highlight today was prediction #6. The 2020 IPO market will be both a boom and a bust. Correct. But you might not be hearing as much about IPOs as you are about SPACs, which are a kind of IPO. SPACS are on fire right now. I suspect you’re not be as familiar with them, so let’s talk about what they are and what you need to know… If I asked you to name the hottest investments in the stock market right now, you would probably say biotechnology, 5G, or artificial intelligence.

It’s a perfect time to get in touch with the latest episode of MoneyLine, as a mixed market this week has opened up a slew of investment opportunities. The tech-heavy Nasdaq pulled back slightly, even after hitting a new all-time high on Monday. On the other hand, the Dow and S&P 500 closed out the week’s trading with gains. So in today’s podcast, I break down what we’re seeing in the market and talk about some specific stocks that have dipped in the action. There is a clear pattern forming for several high-flying tech stocks. We’re seeing some weakness that pushed these companies to “screaming buy” levels. And for those of you wondering… YES, I name names! Before we get to that, I provide a quick update on the COVID-19 vaccine race.

They’re back… The circulating rumors. The leaked photos. Entire websites devoted to the newest look, features, and potential bugs. I’m talking about the anticipation and buzz for the next generation of smartphones. As we’ve been talking about here in MoneyWire, these phones will be foldable. The foldable phone frenzy is officially underway in the media, and it’s setting up a huge opportunity for early investors. Today, only about one half of one percent (0.05%) of the world’s population uses foldable phones. But ultimately, 3.2 billion smartphones will be replaced by foldables. I predict the industry will grow 5,500% in a few years to reach $13.8 billion! The buzz surrounding foldable phones reminds me of what new smartphone releases used to be like.

If there’s one thing all humans want, it’s more time for our families and our passions. We buy millions of health books each year. We spend fortunes on anti-aging products and treatments. And hundreds of years ago, people (supposedly) quested for a “Fountain of Youth.” But it wasn’t until 20 years ago that we had any real idea of how to promote longevity. In the new millennium, there’s been an explosion in knowledge and clinical data, yielding huge advances in stem cell treatments… cell restoration… genetic editing… and so much more. If longevity science can get us even a fraction of the way there, it’s one of your best investment opportunities today. Actually, it could be one of the biggest investment opportunities of the century.

About four years ago in Las Vegas, I was doing a live broadcast with Stefanie Kammerman. I had just met Stefanie, and I can clearly remember her telling me live on air to keep an eye on the gold sector of the markets. It was about to go up, she said. Well, I was more than a little skeptical. Gold had been going straight down for several years. And if you know me at all, you know I wasn’t shy about letting Stefanie know. But sure enough, virtually right after our interview, gold took off just like she said it would. A lot of people who follow her work saw the chance for amazing gains as the price of gold soared to a new three-year high. Almost no one else saw this coming. Not too long after that, much the same scenario played out again.

The first full week of the third quarter was fairly quiet after the fireworks that took over the first half of the year. The S&P 500 finished with a small weekly gain as it continues to consolidate. Meanwhile, the Nasdaq hit yet another all-time high today as tech stocks remain strong. In this week’s episode of MoneyLine, I break down the action in the market and, more importantly, look ahead at what to expect over the next few months. First up is the second-quarter earnings season, which gets underway next week. It could be a catalyst for several big moves – in either direction. The rise in COVID-19 cases is worrisome, but I look at herd immunity and have a positive view on the current numbers.