Profit Pregame

Here’s What You Might Have Missed This Week

A lot has happened in the market this week, but one set of headlines completely stole the show. Catch up on the most important stories of the week.

What’s happening?

It’s been a strange week on Wall Street.

In case you’ve been hiding under a rock, the big story this week has been short squeezes.

Short sellers came under siege this week as their positions were ambushed by throngs of retail investors. Using the power of internet forums like Reddit to organize their efforts, huge amounts of traders began targeting the most highly shorted stocks to purchase – in turn creating some of the most massive short squeezes in history.

GameStop Corp. (GME) and AMC Entertainment Holdings, Inc. (AMC) saw the biggest gains this week, but a number of other highly shorted stocks are being bought up by investors looking for similar moonshot profits.

But yesterday saw the party end for GME and AMC as shares fell sharply. So as a little bit of normalcy returns to the market, I think it’s important to look back at what we might have missed while the short squeezes took all of our attention.

Here are some of the biggest stories of the week that you should be aware of…

Where’s the money?

Let’s take a look at some of the biggest events of the week that didn’t have to do with short squeezes…

  • Microsoft Corporation (MSFT) crushed expectations on its latest earnings report – with – and seems to have finally rounded the corner in its transition from desktop to cloud computing.
  • The Federal Reserve maintained its dovish posture, opting not to increase interest rates and to keep the amount of its monthly bond purchases the same at this time. The Fed also pledged to continue to take measures to support the economy until a full rebound is well under way.
  • The Boeing Company (BA) reported a record loss in its Q4 earnings report. Despite the dismal numbers, shares rallied strongly after the 737 Max jet was cleared to resume flights in Europe. The return of the 737 Max is widely viewed as a key to BA’s recovery, and this was a big step in that process.
  • The cannabis industry has a new player with some serious star-power behind it. Rapper Shawn Carter, aka “Jay-Z,” has taken his cannabis company public. The Parent Company (GRAMF) is now the largest vertically integrated cannabis operator in California, the country’s largest cannabis market.

But there’s one story in particular that a lot of people missed this week that should reinforce the lesson that the short squeeze mania taught us…

How do I get some?

Perhaps the biggest story from this week that people are not talking about is Apple Inc. (AAPL) and how it crushed expectations for iPhone sales, increasing by double-digits year over year.

Apple also had its most profitable quarter ever.

But if you assume that Apple’s stock jumped up as a result, you’d be wrong.

In fact, shares of AAPL opened yesterday almost 2% lower than Wednesday’s close.

This is why I never look at the top or bottom line, I just look at the supply and demand curve between buyers and sellers.

And as we saw a bunch this week, in the short-term, that’s all that truly matters.

The Chance to Profit Off the Next Big Move Could Be Yours

What happened with GameStop is a clear signal that you CAN beat Wall Street at its own game. But I’m not interested in waiting around for the next big bull run.

That’s why I monitor those massive bets from the institutions and hedge funds every single day.

Using the full suite of tools in my S.C.A.N. system, I’m able to track where the biggest money flows from institutional traders is moving. I see every move they make, the moment they make them. And as we’ve seen… time is of the essence.

Every Monday-Thursday, I show members of my 1450 Club research service how to play those movements for the biggest potential gains in our Live Trading Room.

Attendees can see exactly what I’m tracking live, have the opportunity to ask questions in real-time, and receive trade recommendations with up-to-the-minute pricing.

So, if you want the trades, the fast action, and the education to boot – click here now to learn everything you need to know about the 1450 Club.

In the Spotlight: Tesla’s stock isn’t the only price going up…

Tesla, Inc. (TSLA) unveiled their latest Model S this week after undergoing its first redesign since 2012.

With upgrades to both the exterior and interior – including sharper body lines, adjustments to the touchscreen, steering wheel, and much more – Elon Musk revealed that the new Model S will cost $10,000 more than the old model.

While the increased cost will likely help Tesla’s bottom line, there’s also a risk there.

Competition in the electric vehicle space is heating up, and Tesla’s price hike opens the door for a competitor to undercut their latest offering.

I’ve taken a huge interest in this industry, and I’ll be sure to give you my favorite stocks as more developments roll in.

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