By Matt McCallJul 24, 2020
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. The leading coin rallied above an important resistance level after holding around $9,000 for several weeks. This trading suggests that a big move is on the horizon – and my gut (plus careful analysis, of course) tells me it’s to the upside. More on bitcoin and our continually outperforming altcoin portfolio in the podcast.
I’ve received a lot of questions about cannabis stocks recently, so I want to share some of my latest thoughts. After several months of staying on sidelines, it looks like there may be yet another breakout in the cards. The path to U.S. federal legalization appears to be getting smoother, and we’re seeing specific stocks react accordingly.
Next, we’ll look at a list of some of the top performers of 2020 so far and where I expect they’ll go in the coming years. Let’s just say you should be happy with what you hear.
Today’s show wraps up with the highlight – analyzing the stocks you’ve requested! I only cover five names in this installment of “Making Money with Matt McCall,” but it’s a bit of a deeper dive than usual. The stocks range from a small-cap biotech to a large e-commerce leader… and I even find one that was immediately added to my watchlist! Tune in to find out the name.
There’s a lot of great information packed into today’s podcast, so make sure to take some time this weekend to listen. Have a great one, and stay safe.
P.S. Another area of the market I’m watching very closely right now is transportation – what I called Transportation 2.0. This hypergrowth trend is about to lead to trillions of dollars sloshing around the market.
The future of transportation may be coming, but it wouldn’t be possible without the technologies necessary to power it. I’m talking about batteries.
Insiders are already calling this potential new battery a “paradigm shift” in energy technology. Forbes calls it simply: “The battery that could change the world.”
Trust me, it’s amazing.
This breakthrough device could change just about everything in your life – from how you get around to how you communicate with others… even the way you think about the world.
For early investors, this presents the kind of moneymaking opportunity that could turn a tiny initial stake into an absolute fortune.
Folks who get in on this breakthrough now, BEFORE it’s rolled out on a mass scale, will have the chance to be a part of perhaps the single largest legal creation of wealth in the last 25 years.
I can share with you what I’ve learned and show you how to profit. Click here to learn more.
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.
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