by Ian King | Oct 12, 2020 | Smart Profits Daily, Stocks
Every Thursday night in my southern Florida hometown, the main road along the ocean is flooded with cyclists. This loosely organized “Tour de Boca” starts in Boca Raton and rides north 20 miles up to West Palm Beach. I found this out when I tried to cross the street a...
by Ian King | Sep 14, 2020 | Smart Profits Daily, Stocks
When to buy is the easy part. When to sell is the hard part. Earlier this month, we alerted Automatic Fortunes subscribers that it was time to sell Tesla Inc. (Nasdaq: TSLA) after the stock had run up almost 1,000% from our August 2019 entry price. Our timing could...
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...
