New Trade for July 9th 2020

Congrats to those who traded with us yesterday, First Solar (FSLR) is up more than 9% since our trade alert.  

Futures have been flat this morning leading to a bump as weekly jobless claims just came out, the report shows that another 1.314 million Americans submitted claims for unemployment benefits last week.  This will be the 16th straight week of jobless claims over 1 million.  However, 1.314 is less than the Dow Jones estimate of 1.39 million.  The news of lower than expected jobless claims is stock-market positive, we will see how the day unfolds.  

Despite rising coronavirus case numbers and virus containment methods re-issued in some hotspot areas, reopening efforts are chugging along. The better than estimated jobless claim number indicates that more U.S. citizens are returning to work than expected.  

Investors who are optimistic about an economic recovery in 2020 will want to take note of this key winner in the consumer electronics market. 

Cognex Corp. (Nasdaq: CGNX) produces a machine vision system which helps manufacturers control and guide automated processes.  Cognex derives about half of its sales from the automotive and consumer electronics industry.  The work from home trend helped ease suffering order numbers from automakers when the economy was first derailed by COVID-19 and swift economic recovery in the second half of the year could boost Cognex sales to automakers.  If that’s not enough to pique your interest in CGNX, 5G roll-outs are expected to bring more orders from the consumer electronics industry. 





NEXT:


 

Where to invest $1,000 right now…

Forget about AI, quantum computing, electric vehicles, cryptocurrencies, or robotics.

A little-known technology is projected to become roughly 10 times bigger than all of those technologies combined.

The World Economic Forum says that it’s “arguably the most exciting human discovery since fire.”

And billionaire entrepreneur Vinod Khosla – an early investor in Amazon, Google, and OpenAI – says “you can make a thousand times your money” by investing in this phenomenon.

But if you want to claim a stake in this revolution, you have to act fast.

We’re about to cross what Barron’’ calls “an impending tipping point.”

Blink – and you’ll miss the boat entirely.

My name is Whitney Tilson.

I’m a former hedge fund manager who’s been featured in nearly every single major financial publication and TV show.

And I even starred in a 60 Minutes story that won an Emmy for Investigative Journalism.

What’s the secret to my success?

Well, over the years, I’ve developed a “sixth sense” for finding explosive investments in massively disruptive technologies.

I bought Amazon in 1999, five years before Amazon Prime changed the way 180 million Americans shop for everyday goods.

I bought Apple in 2000, seven years before the late Steve Jobs introduced the iPhone, which went on to be the bestselling smartphone in the history of the world.

And I bought Netflix in 2012, before the streaming giant began producing hundreds of award-winning original programs.

Investments like that helped me grow my hedge fund firm from $1 million to $200 million and nearly triple my clients’ money.

But since then I’ve walked away from the business of helping the rich get richer.

Now I’m showing everyday people how they can have the chance to build generational wealth by investing in disruptive technologies.

The technology I’ve just discovered might be the most disruptive and lucrative one I’ve ever seen.

And I want to give you – free of charge – the name and ticker symbol of the company at the center of this disruption.

This stock is a “backdoor” into one of the most exciting stories in stock market history…

A story in which everyday investors have been effectively barred from participating.

Meanwhile, Jeff Bezos, Bill Gates, Mark Zuckerberg, and countless other Silicon Valley elites have been plowing vast sums of money into it.

Now, it’s your turn.

Did you know that this year nearly half of all millionaires are expected to come into their wealth by investing in tech?

Mark my words… they’re not doing that by buying stocks like Nvidia, Tesla, and Microsoft.

They’re becoming millionaires by spotting disruptions and buying the obscure stocks that are best positioned to potentially profit from those disruptions.

That’s exactly what you’re going to learn how to do by getting this free recommendation.

I urge you to watch new video that lays out this opportunity right here – and how you could leverage it to change your financial future.