Join us every Tuesday for Profit With the Pros, as we share some of our favorite stock market reports, articles, research, and trends. We'll curate a fresh batch of free, top-tier content from our exceptional team of traders, analysts, and editors, constructed to help you keep your portfolio at the top of its game.
Per Schaeffer’s Senior Quantitative Analyst Rocky White, stocks priced in gold, silver, oil, and Bitcoin (BTC) can help navigate the ever-shifting opportunity cost of stock investing. More specifically, this can be done by comparing these commodities to S&P 500 Index (SPX) performance
2 Crypto-Adjacent Stocks to Watch After Bitcoin’s Bounce
Bitcoin (BTC) recently jumped above $66,000 for the first time since late September, continuing its climb after China's stimulus measures bolstered investors' sentiment. What's more, the Dow Jones Industrial Average (DJI) and S&P 500 (SPX) hit also just hit new all-time highs, leading some to speculate that the broader market's positive price action ahead of the 2024 U.S. Presidential Election could be bullish for the cryptocurrency. Now is a good time to check in on crypto-adjacent stocks MARA Holdings (MARA) and Coinbase Global (COIN).
How to Turn the Bear Market Into Your Best Friend (From DTI)
Bears have been all the rage on the internet in recent months — people love to share photos of cuddly bears and ask “If not friend, why friend shaped?” Well, no one has ever asked that of a bear market — because bear markets are nobody’s friend. Unless, of course, you have the Tuesday Bear Trap on your side. Jack Carter’s flagship strategy takes a barometer of the broad market every Tuesday, and trades with the market on a one-week basis… It’s a unique way of tackling volatility that has seen these trades, which he delivers every week, win 49 times and lose only 3 over the last year. And the trade he places just takes two straightforward steps to target extra income every week.
Blue Chip Stock Brushing Off Earnings Beat
This week is ushering not only a fresh batch of earnings, but also big-name Dow stocks. Big banks have dominated the first days of earnings season, but this morning saw blue chips like Johnson & Johnson (JNJ) hand in their latest report. Major indexes and investors are reacting, so don’t miss this blue-chip post-earnings update.
MMO: Read This for Expiration Week
Schaeffer’s Senior V.P. of Research Todd Salamone is back with a look into expiration week on Wall Street. Give your portfolio the best support through considering the potential upsides and downsides of options trading amid today’s volatile market. Stay in-the-know on the S&P 500 Index’s (SPX) performance amid the slew of economic data hitting the Street and the upcoming election!
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