For many Americans, their pets may as well be their children—and they’d do anything to ensure their health. In fact, according to the latest ValuePenguin (owned by LendingTree) survey of nearly 2,000 U.S. consumers, pet owners spend over $1,500 a year on medical care for their furry friends. Having a pet—particularly a dog—is common in […]
How to Profit with Closed-End Funds
Investors are attracted to closed-end funds (CEFs) because of high yields and (often) stable monthly dividends. These types of dividends can provide stability in retirement. The challenge is not all CEF dividends are created equal. So let’s take a look at what to look out for… The CEF Connect website lists 423 CEFs that trade […]
Trade of the Week: RILY
Last week, in my 48-Hour Income service, we sold a cash-secured put on financial services company, B Riley Financial (RILY). In 48-Hour Income, the goal of the service is to generate 1% to 3% returns per week by selling 2-day puts in certain stocks. RILY had become volatile after earnings, and the put premiums remained […]
2 Long Shot Investments to Start Your 2024 Off Right
This week, I want to continue to offer some long shots that have the potential for huge payoffs if they work. Some will. Some will not Please understand that these companies have the potential for massive gains over the next several years. They are highly unlikely to make you rich beyond your wildest dreams by […]
Jay’s POWR Income Stock of the Week: Torm PLC (TRMD)
Oil markets have been on a bit of a rollercoaster this year. The expectation going into 2023 was that oil would be fairly range bound, with the majority of its time spent in the upper part of the range. And while it has dropped in price recently, that drop is from a September/October price spike, […]
REITs Are Set for Another Stellar Month
November was an excellent month for the U.S. stock market. The S&P 500 gained 9.1% in the month, compared to losing 5% over the previous two months. I was especially pleased to see the real estate sector (read: REITs) near the top of the sector performance chart. And more is coming. Let me show you… […]
November’s Surprising Sector Winner
If you asked the typical investor which two sectors led the charge in November’s big stock rally, few would come up with the right answer. The sector everyone would assume correctly that led the pack is technology, with a 13% gain. But the second sector—with a 12% rise—would not only come as a huge surprise, […]
POWR Stock of the Week Under $10: Virco Manufacturing (VIRC)
With the pandemic fading into the rearview mirror, there has been a reluctant, but irrefutable move back to the office and back to school. But, if you’ve been to a classroom recently, you may have noticed a change from when you and I were sitting behind a school desk. Everything seems to have wheels on […]
2024 Market Outlook: Key Insights for Investors in the Financial Sector
Today, I want to shed light on a crucial aspect of market dynamics: the recent emphasis on market breadth expansion. This metric gauges the number of stocks moving in sync with an index or a specific stock, a factor considered essential for sustained market growth. To break this down further, a key player in this […]
Here’s Where the Real Value in Stocks is Found Right Now
In today’s Hidden Profits Report, I take a look at what’s going on in the economy, where the hidden pockets of value are located, and discuss a couple of hidden gems off the market’s radar screen. I have uncovered some special situations in the oil patch that have the potential for outsized giants no matter […]