by Ian King | Jul 10, 2020 | Smart Profits Daily, Stocks, Trading Strategies
One thing I’ve learned in my quarter century of investing is that Wall Street loves its axioms: “Buy low, sell high.” “Sell in May and go away.” “Buy when there’s blood in the streets, sell to the sound of trumpets.” And my personal favorite: “The trend is your...
by Ian King | Jul 3, 2020 | 2020 Financial Crisis, Smart Profits Daily, Stocks
In early April, I made a prediction many called crazy. Right on the heels of the March crash, I told you the “biggest bubble ever” was just getting started. That the markets were about to get a jump-start. After that, the S&P 500 Index staged a staggering 30%...
by Ian King | Jun 15, 2020 | 2020 Financial Crisis, Smart Profits Daily, Stocks
Last week, the Dow Jones Industrial Average and S&P 500 Index both fell 5%, while the Russell 2000 Index dropped 8%. The stocks of airlines, cruise ships and other names were hit hard as spiking coronavirus cases spurred fears of another shutdown. But the...
by Ian King | Mar 16, 2020 | 2020 Financial Crisis, Investment Opportunities, Smart Profits Daily, Stocks
With a few exceptions, the past 10 years have been a relatively calm and prosperous time for the markets. That makes it easy to forget just how volatile stocks can be when there’s a crisis. But for all of the past bear markets, there’s no one who says: “I wish I sold...
by Ian King | Mar 2, 2020 | 2020 Financial Crisis, Coronavirus, Smart Profits Daily, Stocks
The S&P 500 Index plunged 12% last week as fears of a coronavirus outbreak dominated the news. It was the worst week for the stock market since the 2008 financial crisis. In today’s special 16-minute Market Insights, my colleague Jeff Yastine and I break down why...
by Ian King | Feb 17, 2020 | Currency, Smart Profits Daily, Stocks
Walmart Inc. (NYSE: WMT) has been a great company to own the past few years. Its stock has doubled since December 2015, and it pays a solid dividend of 1.8%. On Tuesday, Walmart is set to report earnings, which could lead to even bigger gains for the big-box retailer...
