Stocks took a breather today heading into the weekend. We all need a break once in a while, right?
After President-elect Joe Biden unveiled a plan for an additional $1.9 trillion in stimulus, the market didn’t rally as many had expected.
Still, the news was important, and I discuss Biden’s proposal on today’s new episode of MoneyLine. I’ll even explain why $1.9 trillion is just a drop in the bucket! I believe there will be trillions more on the table in the next few weeks. The question is … is that a good or bad thing for the economy and stocks?
Then, we jump right into one of the most anticipated segments of the show — “Marry, Date, or Dump.” I got such great feedback the last time I played this game that I just had to do it again. Besides, it’s a lot of fun.
I take a look at more than 20 stocks that you asked about on Twitter. Some are the high-flyers of the last month, while others are hidden gems that Wall Street has yet to discover.
For example … there are rumors that Lucid Motors — a potential competitor to Tesla (NASDAQ:TSLA) — is going public via a SPAC, and they sent the stock up huge this week. Do you chase it here or wait for a pullback?
I also tell you about two crypto-related companies I suspect you’ve never heard of. One is a “Date” and the other … well … not so much.
Don’t worry, though. There are definitely some tickers that fall into the “Marry” category — from SPACs to biotechs to solar plays. There is even a small agriculture technology company that has huge upside.
If you want the names of these companies and my full thoughts on their potential … all you have to do is click here to watch the latest episode of MoneyLine now.
Have a great weekend!
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.