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Big Profits and Big Dangers: How to Tell the Difference

Aug 08, 2020

“Aren’t there a lot of scams?... I seem to see a news article once a month that reveals somebody getting ripped off…” It was exactly the right question to ask, and Louis Navellier posed it to me in our Race to 40K debate this week. I was explaining why I believe bitcoin will soar nearly 250% to reach $40,000 before the Dow gains 50% and hits that same 40K level. Louis had already talked about why his money is on stocks getting there first… and he’s a legendary growth investor, so he’s worth listening to. But I was sharing a largely unknown secret about bitcoin and cryptocurrencies, which is this: As well positioned as bitcoin is with multiple catalysts to drive it higher, alternative cryptocurrencies called “altcoins” are set to return much bigger profits. Continue Reading…

For the First Time… Here’s Your Chance to View My Personal Watch List

Aug 07, 2020

It’s hard to believe that just five months ago stocks fell into a bear market faster than any other time in history. But just this week, tech stocks rallied to all-time highs, led by some of the biggest names in the industry. Companies ranging from Apple (AAPL) to Facebook (FB) hit record levels while the Nasdaq pushed above 11,000 for the first time in history. I dive into all the details in today’s new episode of MoneyLine. While the market gave back some of its gains today, stocks remain the best game in town. Or maybe I should say “one of the best” games in town. Did you catch my debate with legendary growth investor Louis Navellier on Wednesday? Both of us are extremely bullish on stocks right now. Continue Reading…

Bitcoin or the Dow? Why My Pick Will Hit 40K Faster

Aug 06, 2020

It may not have been a classic, like Muhammed Ali versus Joe Frazier or Hulk Hogan versus Andre the Giant. But we had fun, and we covered important information that investors need to know. If you missed last night’s debate between me and my esteemed colleague, the renowned investor Louis Navellier, you’re not out of luck. There’s still time to view the event – Dow vs. Bitcoin: The Race to 40K. We each took a side and hammered out which we believe will soar to 40,000 first. Louis thinks the Dow will rise 46% to reach 40K before bitcoin climbs 237% to hit $40,000. I had a blast in the back-and-forth with Louis, and we wound up with quite the wager riding on the outcome. Each of us even gave away one of our top picks for the market right now! Continue Reading…

Today We’ll Make Our Case for the Most Explosive Investment of 2020

Aug 05, 2020

I’m sending MoneyWire to you early today because I want to make sure you have one last chance to join Louis Navellier and me for our special event this afternoon. About 25,000 people have registered for the free webinar where we will debate Dow vs. Bitcoin: The Race to 40K. It all happens today at 4 p.m. ET.  Our Race to 40K debate is all about which asset class is the best game in town… and where you can make money. It’s certainly not commodities, which go on a rollercoaster ride with every bad headline. Or bonds, which are like stuffing your cash under a mattress at this point. But among stocks and cryptocurrencies, Dow 40K and Bitcoin 40K are a very strong probability. Continue Reading…

Why I’m Confident I’ll Win… Explained In Pictures

Aug 05, 2020

They say a picture is worth a thousand words. So if I show you three charts, are they worth 3,000 words? I don’t know about that part, but I definitely believe they can be worth a lot of money. I'm talking about charts that are part of the case I’ll make tomorrow in my debate with my InvestorPlace colleague and friend, Louis Navellier. We have a friendly bet as to whether the Dow will gain 50% to hit 40,000 before bitcoin gains more than 250% to get to $40K. We’re going to hash it out tomorrow at 4 p.m. ET with lots of folks watching, and you’re invited to join us. Today in MoneyWire, I want to give you a sneak preview as to why I’m confident I’ll win the bet… and how you as an investor could make a lot of money. Continue Reading…

Five Reasons to Buy Stocks on Any Dips

Aug 03, 2020

We’re getting closer. It’s almost time for my debate with Louis Navellier.  If you haven’t heard, Louis and I have a friendly bet about the future of the market. Will the Dow get to 40,000 first? Or will it be bitcoin? I say the latter, while Louis says the former. So we’re getting together on Wednesday at 4 p.m. ET to “battle it out” – so to speak. We’re calling it The Race to 40K. In the days leading up to the event, Louis and I have been sharing our analyses. Yesterday I told you about some of the catalysts set to push bitcoin higher in the coming months. I also explained the “halvening” and why it spells great things ahead for the entire cryptocurrency market. And tomorrow I’ll be in touch to highlight a big move bitcoin just made – and another big move that suggests higher prices are ahead. For now though, I’m giving Louis another chance. Continue Reading…

Why I Bet Bitcoin Will Outperform Stocks

Aug 02, 2020

There’s a lot riding on this. If you don’t yet know, I have a bet with my InvestorPlace colleague, the legendary growth investor Louis Navellier, about whether bitcoin or the Dow Jones Industrial Average will hit 40K first. It’s a fun bet for charity, but the ideas behind it are quite serious. We’ll both make our cases next Wednesday, August 5, at 4 p.m. ET, in a 1-on-1 debate titled The Race to 40K. If you’ve read our recent articles, you know I’m also very bullish on stocks and agree with Louis that Dow 40,000 could happen in the near future. But my best is that bitcoin will get there faster. Let me give you a sneak preview of a few reasons I’m convinced that will happen… For starters, bitcoin is already hot and bullish sentiment is soaring. It broke through $11,000 on Monday on strong volume, climbing 13% for its biggest single-day gain in nearly three months. Continue Reading…

8 Critical Tests a Stock Must Pass Even in an Explosive Bull Market

Aug 01, 2020

Maybe I’m in a bit of a betting mood with sports ramping up again. Or maybe I just like talking about making money. If you haven’t heard, my friend Louis Navellier and I have a friendly wager related to investing. Will the Dow get to 40,000 before bitcoin? Or will bitcoin win The Race to 40K? Louis says the Dow, and I say bitcoin. We’re sitting down 1-on-1 to present our cases next Wednesday at 4 p.m. ET. I can’t wait, and I hope you’ll join us. As we get ready, we’re also sharing some of our analysis with you ahead of time. Today, I’d like to turn MoneyWire back over to Louis for more on why he thinks stocks will be the winner. I’ll be back tomorrow with a look at a couple of big catalysts set to drive bitcoin higher. Continue Reading…

Stocks May be One of the “Best Games in Town”… But My Pick in this Race is Even Better

Jul 31, 2020

Yesterday, I turned the reigns over to Louis Navellier, a friend and InvestorPlace colleague. He’s also a legendary growth investor with an impressive track record. He’s made money for a lot of people, and he’s worth listening to. He explained to you why he is confident the Dow will hit 40,000 before bitcoin. Louis made the case that stocks are the “best game in town”… better than commodities, bonds, and even cryptocurrencies. (I’ll say my piece on that in a moment.) He said that every time the Fed has pushed rates lower, it’s provided more “juice” for the market. Continue Reading…

Why Explosive Gains for Stocks are “Baked In” to the Economic Recovery

Jul 30, 2020

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. Continue Reading…
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