Wealth building through the tech stock boom

Since last week: 

The S&P topped 5,000 this week driven largely by tech. This is fueling hope that interest rate cuts will come sooner rather than later. 

1. All-In on Tech

Seemingly unstoppable momentum has made tech stocks some of the favorites among investors over the past few months. But there are more companies making waves than just the household names most people know. Click here to learn what some of those names are through our newest publication, Digital Dispatch. 

2. Crypto’s Climb

Bitcoin’s price climbed this past week, at one point touching $47,000. It’s looking like a lot of the people who sold on the ETF news have now liquidated their holdings with traders now believing the worst of the correction may be over. This presents a great opportunity to buy into cryptocurrency before prices rise further. Learn more about what to buy by clicking here.

3. A Green Super Bowl

This weekend’s Super Bowl will be doing something unique. Allegiant Stadium in Las Vegas, where the game is being played, will be getting 100% of its power from renewable energy sources. Much of that is coming from solar power, and it shows just how much demand there is for this technology. That’s why renewable energy is going to be one of the hottest investment sectors of the next few years. Learn all about how you can profit from this by clicking here. 

4. Lithium’s Pullback

Lithium prices have been on a rollercoaster ride as of late. With prices dropping, companies have been cutting jobs and reducing spending to stay afloat. While some see that as a doom-and-gloom situation, others are viewing it as a contrarian buying opportunity. The demand fundamentals are still there, and prices will recover over time. This pullback presents the chance to buy now while prices are restrained and then enjoy the ride when they eventually go back up. Here’s how you can get in before that happens. 

What to Look For

Seeing if the market will be able to maintain this momentum will be the focus over the next week.

Keep your eyes open,

Ryan Stancil
Editor, Daily Profit Cycle