Find the original article here.
If the stock market’s recent volatility has left you feeling sick, you might think about adding some biotech stocks to your portfolio. Given the amount of attention paid to Covid-19 treatments and vaccines, it would be easy to assume that all of the good news was already reflected in biotech stocks. While they were the stars early in the market’s rebound—the iShares Nasdaq Biotechnology exchange-traded fund (ticker: IBB) surged 37% from March 23 through May 11—they have gone nowhere for the past six weeks.
They now look ready to run again. “From compression comes expansion,” writes Jonathan Krinsky, chief market technician at Bay Crest Partners. “This is exactly what you want to see if [you are] bullish.”
READ MORE THE TRADER
First, a history lesson. It wasn’t that long ago that biotech was hotter than, well, tech itself. From the financial-crisis low on March 9, 2009, through July 20, 2015, the iShares Biotech ETF gained 586%, outpacing not only the S&P 500’s 215% gain, but also the Technology Select Sector SPDR ETF’s (XLK) 268% rise, as well.
Read the rest here.
The #1 Way to Grow your Wealth in the 2020s
Each year, dozens of stocks double or triple.
But each decade, one stands out…
In the 1980s, it was Circuit City. During the 1990s, the obvious winner was Dell.
And investors lucky (or smart) enough to put a few thousand into just one of these stocks and hold on?
Their lives changed forever.
(Early Dell investors, for example, were able to turn $2,000 into $1.8 million.)
There is only one man in America we know of who has been able to find the #1 investment of the decade not once… but twice.
In 2003, he homed in on Apple when it was trading under $2—when even Steve Jobs was selling.
And as if that weren’t enough… he did it again with Bitcoin in 2016.
What is his secret?
Today, for the first time ever, he’s come forward to share how he did it… and reveal what he says will be the #1 investment of the 2020s. A little understood technology that could top Apple and Bitcoin – combined.
In fact, even the World Economic Forum agrees, saying this small tech could grow 295,762% by the year 2027.
It’s not 5G, artificial intelligence, or the “Internet of things.”
This breakthrough tech will come as a surprise to most investors.
To find out the whole story and discover the #1 investment of the 2020s, click here.