You see, hedge funds and even algorithms can be fairly predictable. When a few technical factors line up, you can be almost certain that the stock is about to be bought up by institutional investors.
In the business world, the greatest impact has been on what I consider to be "unnecessary" companies. These are usually the ones that offer us our WANTS instead of our NEEDS. Companies like Brooks Brothers, Lord & Taylor, etc. These are what I consider to be "wants" companies.
On the other end of the spectrum are the 21st century companies that offer us at-home convenience. Selling us products we can use everyday. This is why online giants like Amazon are continuing to see their numbers go up.
Today, I join WealthPress head trader Roger Scott to have an open, in-depth conversation about what's happening to these companies, some that have been around as long as most of us can remember! We're also diving into fresh news from the vaccine front and our plan for the vaccine race and how we'll make sure we're there to pick the winner.
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