From the end of 2020 to the beginning of 2021, he was fully involved in the alternative energy sector and the actions involved in the shift towards a greener tomorrow.
Fossil fuels were on the way to being made completely obsolete by renewable energy. In the changing socio-political climate, almost any environmentally friendly company quickly became a gold mine for traders.
But after an industry-wide slump in early February, I pulled clean energy stocks for a while. Now, that doesn’t mean I’m not as optimistic as ever with clean energy; I was just waiting for the ideal moment to re-enter …
And about today’s quick benefits with Money morning, I’ll do just that, with a clean energy ETF that can help you capture upside earnings as the entire industry recovers …
Buy the dip in this clean energy ETF
The clean energy space became a bit overcrowded in February after major automakers piled into the bandwagon of electric vehicles. The surge in trading volume quickly translated into overbought sentiment, prompting investors to take their profits and flee. Today clean energy stocks are down more than 70% from February highs.
But at last, the trough of the correction has reached and stocks are beginning to climb back to their former glory.
Analysts are beginning to update their buying recommendations as clean energy technology updates draw attention to some well-known names in the renewable energy market. Around the world, ongoing clean energy initiatives (like US President Joe Biden’s infrastructure spending plan) will soon attract long-term buyers, stabilizing upward momentum.
Along with the recent wave of eco-conscious millennials – easily one of the most powerful influences on today’s stock market – clean energy stocks are more bought now than ever.
And an ETF could be the biggest winner of the clean energy glow.
Today’s Fast Profits trade is conducted on a fund that will offer industry-wide return exposure, while minimizing the risk that accompanies any action in this space.
And with a host of technicalities indicating a positive medium and long-term outlook, this became a prime deal to do now.
See today’s quick wins to get my recommendation:
Business details …
Action to take no 1: Buy shares of the iShares Global Clean Energy ETF (NASDAQ: ICLN) using a $ 25 limit order.
Action to take No. 2: Buy to open ICLN on Oct 15, 2021 $ 25 calls (ICLN211015C00025000) using a limit order of $ 2.05.
You won’t break the bank on this HUGE tech payday
Clean energy is not the only corner of the market that is expected to make great strides in the coming years …
By now, you probably already know: cryptos are on fire. And Tom Gentile has called for almost every major breakthrough for Bitcoin in recent months.
And now, he’s making his boldest prediction yet: By 2030, Tom expects Bitcoin to be worth $ 500,000. If you haven’t done the math, it’s 800% complete.
But you don’t need to pay more than $ 50,000 a coin to get a share of the hike. In fact, Bitcoin barely scratches the surface of the true earning potential here …
Because when BTC moves, these tiny altcoins move a lot, a lot of higher.
We are talking about increases like 273% in 14 days, 780% in 31 days … even 1.904% in 62 days.
The next set of cryptocurrencies Tom has in his sights is trading for a few dollars a piece right now … but they could be packing 20 times the earning potential of Bitcoin …
Join the conversation. Click here to go to the comments …
About the Author
Chris johnsonis a highly regarded stocks and options analyst who has spent much of his nearly 30-year trading career designing and interpreting complex models to help investment firms transform millions of data points into impressive returns for clients.
At heart, Chris is a quant, like investment “rocket scientists,” with a specialty in applying advanced mathematics such as stochastic calculus, linear algebra, differential equations and statistics to the data-rich environment of Wall Street.
It began building its proprietary models in 1998, analyzing around 2,000 records per day. Today that database, which Chris designed and coded from scratch, analyzes a staggering 700,000 records per day. It is the secret behind your record.
Chris has degrees in finance, statistics, and accounting. He worked as a licensed broker for 11 years before assuming the position of Director of Quantitative Analysis at a renowned equity and options research firm for eight years. He most recently served as the Director of Research for a Cleveland-based investment firm responsible for hundreds of millions in AUM. He is also the founder / CIO of ETF Advisory Research Partners since 2007, known for his pioneering work in behavioral assessment systems. His research is widely read by leaders in the RIA business.
Chris is ranked between 99.3% of financial bloggers and 98.6% of general experts according to TipRanks, the background registry for financial analysts dating back to January 2009.
He is a frequent commentator on the financial markets of CNBC, Fox, Bloomberg TV, and CBS Radio and has appeared on Barron, USA Today, Newsweek, Y The Wall Street Journaland numerous books.
Today, Chris is the editor of Night trader Y Direct benefits. It also contributes to Money morning as a specialist in quantitative analysis.
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