I awoke this morning to the same big news you did, that the President of the United States and the First Lady both tested positive for COVID-19. Both will be in quarantine in the White House for the foreseeable future.
I certainly join others in hoping for a speedy recovery for them and all infected with the virus, and that efforts to find a successful vaccine pay off as fast as possible.
As you can imagine, stock futures turned lower immediately when the news broke overnight, and the major U.S. indices opened down 1.2% to 2.0%. Hopes for another stimulus bill helped bring stocks off their lows pretty quickly.
This news injects additional uncertainty in the market, and on today’s new episode of MoneyLine, I break down how this will affect stocks going forward. What does it mean heading into the election? Should you buy this pullback… or all pullbacks? Or best to hunker down and wait until after the election?
I’ll also take a quick look back at the action in the stock market after Tuesday’s debate, and we’ll discuss what it means for stocks as well.
Looking at possible investments. two new Special Purpose Acquisition Company (SPACs) priced this morning. As we’ve discussed here in MoneyWire, SPACs are hot right now, and both are very interesting to watch. In today’s episode, I tell you more about them and ask an important question – would you like me to build a SPAC Portfolio? You can leave your thoughts in the YouTube comment section.
Then, it’s time to answer your questions, which I always look forward to because you ask such good ones.
What to do with DraftKings (DKNG)? What about the buyout for William Hill (WIMHY) by Caesars Entertainment (CZR)?
When should you use a price-to-sales ratio and a P/E ratio, and how?
The future of electric vehicles and solar. Is Workhorse (WKHS) a buy today?
And speaking of solar… why I launched a brand new Solar Portfolio last night, including a tiny set to be a 10-bagger.
What about the new Nasdaq Junior Biotech Index – how can you play it… and should you?
Lots of great questions, and I try to give you great answers. All this and more in this week’s MoneyLine. You can check it out here.
P.S. In just the past decade, a solar revolution has begun… one that will lead to the biggest change to the energy market in a century. This massive change is already underway, and it’s time for smart investors to take advantage.
You can find all the details on what I see as one of the best opportunities in the investment world in the just released Investment Opportunities issue… including the stocks in our brand new Solar Power Portfolio.
You can click here for the details.
Learn where Matt McCall sees
huge investment opportunities right now:
The next trillion-dollar companies – the next Amazon, the next Google, etc. – are being hatched in research facilities and garages around the world. These firms will further change the world and revolutionize our economy.
Just as Apple, Google, Amazon, and Microsoft can’t function without the internet, the next generation of world-changing, $1 trillion mega winners can’t survive without the subject of this report… the super powerful infrastructure technology we call “5G.” Learn more here.
The car as we know it is on the verge of a transformative change not seen since Karl Benz invented it nearly 135 years ago. In fact, the whole transportation sector is now poised for its version of 2.0.
I’m not exaggerating when I say this will lead to trillions of dollars in money sloshing around in the coming decades. What is coming will create one of the five biggest investment opportunities you’ll ever see in your life, no matter when you were born. Learn more here.
The next big breakthrough in battery technology is an innovation that will have multi-trillion-dollar economic implications. I can tell you this mega innovation isn’t a matter of “if,” it’s a matter of “when,” and I believe it will go down as one of the greatest inventions of the 21st century.
Those on the right side of this innovation stand to build incredible wealth… just like people did from the creation of the internet and the smartphone. Think of this as your “field guide” for profiting from the next big battery breakthrough. Learn more here.