Skip to Content

What to Make of Today’s Historic Rally

By Matt McCallMar 24, 2020

We’ve seen the worst, and today we saw the best.

The Dow posted its best day since… 1933! The historic rally came on the hopes of an imminent announcement regarding a massive stimulus package from the U.S. government. That led to the Dow surging 11.4% and gaining more than 2,100 points. It also hit its high of the day right near the close, which is usually a good sign.

I want to help you through this unusual time for stocks and make sure you’re positioned for what’s to come. One way I’ll do that is through additional podcasts to share my latest thinking and important information about what’s going on in the market.

A day like today warrants a special podcast. In today’s MoneyLine podcast, I discuss the rally and just how big a federal stimulus package could become before everything is said and done.

And I couldn’t help but talk about another headline that is not getting enough press. It’s a despicable statement by billionaire hedge fund manager Bill Ackman. Last week, he stoked enormous fear in the market and used the phrase “hell is coming.” This week, he made headlines by saying he has been an aggressive buyer the last 10 days. Are you kidding me?! You do not want to miss my thoughts on this.

Of course, the big reason for market volatility is the coronavirus. I’m constantly researching the latest news and research, and I have a few thoughts on when the virus might peak and when we might get back to normalcy.

I also have a winner to unveil. Last week, I asked listeners if they would rather buy Boeing (BA) or Disney (DIS). I reveal which stock won the vote… and who was right.

Even with today’s bounce in stocks, the biggest move higher in the last week has been in cryptocurrencies. Bitcoin and altcoins are once again rocking as an absolutely huge catalyst is less than two months away. You want to be up to speed on this, and I have my latest thoughts for you in today’s special MoneyLine.

Finally, I don’t know how long this bear market will last, but there are ways to invest in a bear market. We’ll talk about those… and why we sold one of my favorite stocks today! Well, sort of.

I hope you’ll click here to watch today’s MoneyLine now. Expect more podcasts from me in the coming days – along with important articles – as we get through this together and come out in better position than ever.

Matt McCall’s MoneyLine Podcast

Click here to listen to Matt McCall’s MoneyLine podcast! This week, Matt continues his coverage of the coronavirus and how it’s affecting the stock market. He discusses the highlights of the Crisis & Opportunity Investment Summit he held Tuesday evening and answers some big questions about where you should be looking for investment opportunities right now. He talks about a few stocks that are holding up better than most. And finallly, he shares his favorite sector for 2020.

You can subscribe to this podcast on iTunes, Stitcher, Spotify, or wherever you listen to podcasts.

Learn where Matt McCall sees
huge investment opportunities right now:

How to Make Huge Profits From the Shift to Transportation 2.0

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.

Why the Legal Marijuana Industry is Set to Grow More than 10-Fold

Marijuana has been outlawed most everywhere for decades… but now a wave of legalization is starting to sweep the world. This will create massive new markets and massive stock market winners. Learn more here.

How to Cash In on the Biggest Battery Breakthrough in a Century

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.

Don't miss out on the incredible megatrends that are shaping today's market. Gain access to the most powerful market insights and stock advice from Matt McCall absolutely FREE. Join Today!