Wednesday, May 15, 2024

Avoid These Stocks at All Costs

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Liberty Through Wealth

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Whether Nvidia moves UP or DOWN on earnings...

The One Day Super Trade could win with a big move either way.

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EDITOR'S NOTE

The artificial intelligence (AI) market has been gaining steam in 2024 as companies build up the infrastructure to implement AI applications.

It's estimated these applications will deliver $341 billion in annual revenue in 2033. And tech giant Nvidia (Nasdaq: NVDA) remains one of the best bets for investors to capitalize on this development.

The company reports earnings on May 22.

And my friend Bryan Bottarelli, the Head Trading Tactician at Monument Traders Alliance, is teaching readers his strategy for trading Nvidia surrounding this tremendous buying opportunity.

Bryan is also hosting a FREE special "One Day Super Trade" event for his Nvidia trade.

Click here to get on the guest list today.

- Nicole Labra, Senior Managing Editor

THE SHORTEST WAY TO A RICH LIFE

Avoid These Stocks at All Costs

Matt Benjamin, Senior Markets Expert, The Oxford Club

Matt Benjamin

If you didn't get burned investing in GameStop (NYSE: GME) back in 2021... don't fret. You've got another chance now.

Unfortunately, the so-called "meme" stock is back. It's up a whopping 350% in May so far.

If that sounds appealing, consider that the stock soared more than 2,000% in January of 2021 - only to lose 87% of its value over the next three years.

But you might ask, "Why would investors bid up the price of this slowly failing retail outlet that still sells physical copies of games on discs as gamers migrate to digital downloads, sending its annual revenue lower almost every year?"

Because of Roaring Kitty, of course.

Yes, it sounds absurd, but that's the online moniker of financial analyst Keith Gill, who pumped up the stock in online boards and created a sort of frenzy for it among retail investors.

He did that in 2021, and it seems he's back. That has reignited interest among investors who chase meme stocks (which you could define as companies that have a cult-like following on social media... and not much else going for them).

Here's a five-year chart of GameStop...

SHOW ME THE CHART
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"My Favorite"

Verified by both tax returns and trading records by Fortune magazine, one trading secret helped a man turn $11,000 in savings into $18 million in just 18 months.

That's a mind-boggling return of 164,000%!

And it's considered the "world record" for stock returns.

So how did he do it?

Find out his "favorite" secret here.

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