Louis' Blog Archive
September 4, 2020
It’s Friday, folks! But it’s also a Friday heading into a long holiday weekend. And that’s why we saw the recent broader market selling intensify today. The reality is that much of Wall Street and Europe is on holiday. And because of the long Labor Day weekend, professional traders like to clean out their inventory ahead of a big weekend. What’s important to note here is that the selling volume is light, which is good news. If the market was declining on high volume, then it would signal a selling panic. Thankfully, that’s not the case, and we’re simply dealing with some late summer shenanigans.
September 3, 2020
After a stunning August, the broader indices aren’t showing any signs of cooling off. In fact, both the S&P 500 and NASDAQ kicked off the month of September with yet another round of all-time highs. One phenomenon impacting the stock market right now is that big flagships have been hogging the money. I’m, of course, referring to Apple (AAPL) and Tesla (TSLA). Both companies actually had stock splits on Monday and their shares popped on the news.
September 1, 2020
You can’t put lipstick on a pig, but last week Elon Musk proved that you can put a computer chip in its brain. That’s right, Elon Musk’s neurotechnology company, Neuralink, live streamed a video of a pig they’d implanted with a brain chip two months ago to demonstrate their progress.
August 31, 2020
During these busy times, it pays to stay on top of the latest profit opportunities. And today’s blog post should be a great place to start. After taking a close look at the latest data on institutional buying pressure and each company’s fundamental health, I decided to revise my Portfolio Grader recommendations for 39 big blue chips. Chances are that you have at least one of these stocks in your portfolio, so you may want to give this list a skim and act accordingly.
August 29, 2020
The classic Star Wars film franchise has inspired a new group of cybercriminals. The group calls themselves “DarkSide,” and much like the Dark Side in the films, they are a force to be reckoned with. They’ve already made millions since going public two weeks ago.
August 28, 2020
In a year full of crises, California is now dealing with a very hot one, temperature-wise, that is. The heatwave, wildfire and rolling blackout season is hitting California again, leaving millions hoping to crank up their air conditioning without electricity as the state’s power grid gets stretched beyond its limits.
August 27, 2020
There’s a lot for Wall Street to be happy about these days. The stock market is trading at all-time highs, earnings are improving, coronavirus cases are diminishing and the Federal Reserve remains accommodative. In addition, the stock market is following a typical presidential election pattern and steadily rising as candidates “suck up” to voters. (I’ll talk more in-depth about these positive developments in tomorrow’s Growth Investor September Monthly Issue.)
August 26, 2020
While I am a growth investor and like to focus on the long-term opportunities, there are certainly plenty of different strategies to make money in the current market environment. In fact, my InvestorPlace colleague Eric Fry has his own method that’s helped him spot 41 stocks that have gone up more than 1,000%. He calls it his “secret formula,” and next Tuesday, September 1, during his The Survive & Thrive Summit, he’s going to share it with everyone.
August 25, 2020
Wall Street clearly woke up on the right side of the bed this week, as both the S&P 500 and NASDAQ hit new 52-week highs. The cheery attitude was thanks to news of positive advancements made in the treatment of COVID-19. First, on Sunday, President Trump and the Food and Drug Administration (FDA) issued an Emergency Use Authorization (EUA) to use blood plasma from patients who’ve recovered from COVID-19. The idea is that infusions of this plasma filled with antibodies can help COVID-19 patients recover.
August 24, 2020
During these busy times, it pays to stay on top of the latest profit opportunities. And today’s blog post should be a great place to start. After taking a close look at the latest data on institutional buying pressure and each company’s fundamental health, I decided to revise my Portfolio Grader recommendations for 80 big blue chips. Chances are that you have at least one of these stocks in your portfolio, so you may want to give this list a skim and act accordingly.