MoneyLine Podcast: I Know Which SPAC Is About to Take Off …

Daily Trade

We’ve started the last month of this crazy year on a high note. Stocks are breaking out to new highs to end this first week of December … and investors are making a whole lot of money as a result.

A man holding two puzzle pieces surrounded by more, smaller puzzle pieces. SPAC IPOs

Source: Shutterstock

In today’s new episode of MoneyLine, I dive into the market’s strength and the historic rally we saw in November. And more importantly, I talk about what it all means for stocks over the next 12 months.

I’ll give you a hint … 2021 is going to be fun!

Then I want to get you up to date on the blazing hot SPAC market. Several big deals were announced this week — one of which could be the biggest SPAC ever. I give you the names of the companies involved along with more than 10 other SPACs that are moving this week.

One SPAC making headlines this week is an Early Stage Investor recommendation. Gores Metropoulos merged with Luminar Technologies (NASDAQ:LAZR) and took it public, and subscribers are up an incredible 145% in less than three months! If you want to find out about the next Luminar, you’ll have to tune into the podcast.

Here’s another question for you: Did your personal portfolio beat the market this year? If not, you need to rethink your strategy. Last December, legendary growth investor Louis Navellier and I teamed up to put together what we called our Power Portfolio for 2020. Fast forward 12 months and it beat the market by nearly 6X! After this crazy year, I have to say that’s pretty incredible.

But what’s even more incredible is that we’re doing it all again for 2021. I’ll share with you what we’re looking at for next year’s edition of our Power Portfolio newsletter in the podcast. I’ll even tell you about three stocks that didn’t make the cut… but still look pretty darn good right now.

Finally, I’ll get to your questions. Will Chinese stocks be delisted in the United States? Here’s what you need to know.

And a lot of you want to know what’s going on with Workhorse Group (NASDAQ:WKHS). Why was it down this week and what should you do now?

It’s all that and more on this latest episode of MoneyLine.

On the date of publication, Matthew McCall did not have (either directly or indirectly) any positions in the securities mentioned in this article.

Matthew McCall left Wall Street to actually help investors — by getting them into the world’s biggest, most revolutionary trends BEFORE anyone else. Click here to see what Matt has up his sleeve now

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