Book Gifts: Day Trading, Swing Trading, Investing, Scams, Wall Street History, Real Estate

  by Fred Fuld III

There are only several more days until Christmas, and you are probably looking for that last minute gift for a relative or a friend. Why not give a present of an investment or business book?

Here are some examples that you may want to consider, broken down by category.

Stock Trading & Investing Books

These books are all about either day trading, swing trading, or investing in stocks.

Beat The Crowd: How You Can Out-Invest The Herd By Thinking Differently by Ken Fisher

Investment Guide by Gary Charles Palmer

Unleash Your Investments by John Hagensen

Stock Traders Almanac by Jeffrey A. Hirsch(every stock trader should have this book)

Day Trading Journal Wall Street News Network

Stock Trading Journal Wall Street News Network

How to Day Trade for a Living: A Beginners Guide to Trading Tools and Tactics, Money Management by Andrew Aziz

How to Make Money in Stocks: A Winning System in Good Times and Bad by William J. O’Neil

Stock Trading: THE BIBLE This Book Includes: The beginners Guide + The Crash Course + The Best Techniques + Tips and Tricks + The Advanced Guide Immediate Cash With Stock Trading by Samuel Rees

A Beginner’s Guide To Day Trading Online 2nd Edition by Toni Turner

The 1 Hour Trade: Make Money With One Simple Strategy, One Hour Daily by Brian P Anderson

Investment Trivia by Fred Fuld III

Trade Like Warren Buffett by James Altucher. Most people don’t realize that not only is Warren Buffett an investor, but he is also a trader, and a successful one at that.

High-Probability Trade Setups: A Chartists Guide to Real-Time Trading by Timothy Knight. How to use technical approaches to find the best stock trade setups.

Think & Trade Like a Champion: The Secrets, Rules & Blunt Truths of a Stock Market Wizard by Mark Minervini. The book covers personal trading rules and the secret techniques that made the author one of America’s most successful stock traders.

Trading in the Zone: Master the Market with Confidence, Discipline, and a Winning Attitude by Mark Douglas. Learn the reasons for lack of consistency and how to overcome the ingrained mental habits that cost money.

Wall Street News Network Day Trading Journal: Notebook Diary Log for your Stock, ETF, and Option Trades by Wall Street News Network. A journal with over 100 pages of specially designed fill-in-the-blank pages to track all your stock, ETF, and option trades, whether they are long or short trades. Fields include: Date, Symbol, Company, Transaction Recommended By, Why decision was made to do this transaction, Buy or Short, # of Shares, Price/share, Commission, Subtotal of opening transactions, Total opening transaction, and much more.

Wall Street News Network Stock Trading Journal: Notebook Diary Log for tracking your stocks, options, and ETFs trades by Wall Street News Network. A logbook for tracking your stock trades and investments, priced at less than $7.

Option Volatility and Pricing: Advanced Trading Strategies and Techniques, 2nd Edition by Sheldon Natenberg. An extensive guide to trading stock options.

Swing Trading with Options: How to Trade Big Trends for Big Profits by Ivaylo Ivanov. Using stock momentum to generate profits on options over a three to six month time period.

Penny Stock Trading Journal: Notebook Diary Tracker of Your Penny Stock Transactions by Borsa Valori. A five star rated book designed for you to keep track of your penny stock trades and transactions.

Warren Buffett Books

Here are his recommended books about himself.

Berkshire Beyond Buffett: The Enduring Value of Values

Berkshire Hathaway Letters to Shareholders

50 Years of Berkshire Hathaway Wall PrintThis is actually a wall print poster.

Buffet: The Making of an American Capitalist

Buffett’s Bites: The Essential Investor’s Guide to Warren Buffett’s Shareholder Letters

Historical Books About Wall Street

Reminiscences of a Stock Operator – first published in 1923 by Edwin Lefevre. This is the classic book on investing, trading, market timing, and crowd psychology, just as true today as it was almost a century ago. It is based on the life of top notorious trader, Jesse Livermore.

My Adventures with Your Money – first published in 1911 by George Graham Rice. About a conman who make money off the early gold mining stock boom.

The PLUNGERS and the PEACOCKS. 150 years of Wall Street – published in 1967 by Dana L. Thomas. Written during the bull market of the 1960s, it provides an entertaining history of the stock market.

Den of Thieves – published in 1991 by James B. Stewart. The “newest” of these old books, it covers the insider trading scandals involving Ivan Boesky, Michael Milken, and other Wall Street financiers during the 1980s.

Storming The Magic Kingdom – published in 1987 by John Taylor. A must read book about the fight for control of one of America’s most famous companies.

Extraordinary Popular Delusions and the Madness of Crowds (1841) by Charles Mackay included as part of Stock Market Trivia Volume 2 (2014) The Extraordinary Popular Delusions book was written in the mid-1800s. It has many chapters, but most are unrelated to investing, such as alchemy, witches, haunted houses, etc. However, three of the chapters have extensive and entertaining information about three of the largest investment bubbles in history: the Mississippi Scheme, the South Sea Bubble, and the Tulip Mania. These three chapters are included as the last half of the Stock Market Trivia Volume 2 book. (In interest of full disclosure, I wrote the Stock Market Trivia 2 book.) In addition, the trivia book includes such things as the chocolate chip cookie/stock market correlation, celebrity stock indices, weird stock certificates, and more.

Books About Investment Scams

Wolf of Wall Street Books

The Wolf of Wall Street by Jordan Belfort. This is the autobiographical story about the guy who made hundreds of millions of dollars by pumping and dumping low priced and penny stocks. The book is filled with sex and drugs and every other kind of decadence. A Martin Scorsese movie starring Leonardo DiCaprio was made from this story. Be forewarned: the chapter that took place in the hospital gave me nightmares for a couple weeks.

Catching the Wolf of Wall Street: More Incredible True Stories of Fortunes, Schemes, Parties, and Prison by Jordan Belfort. This is the followup to the previous book. What happens when Belfort is arrested, how a case was built against him, and what happens after prison.

Bernie Madoff Books

No One Would Listen: A True Financial Thriller by Harry Markopolos. A New York Times bestseller about how Markopolos uncovered Madoff’s scam.

The Wizard of Lies: Bernie Madoff and the Death of Trust by Diana B. Henriques. All about how Madoff pulled off the biggest Ponzi scheme in history. Over 130 five star ratings on Amazon.

The End of Normal: A Wife’s Anguish, A Widow’s New Life by Stephanie Madoff Mack. An inside look at the Madoff family written by the widow of Mark Madoff and the daughter-in-law of Bernard Madoff.Over 200 five star ratings.

Betrayal: The Life and Lies of Bernie Madoff by Andrew Kirtzman. An in-depth look at Madoff and his victims.

Elizabeth Holmes & Theranos Books

Bad Blood: Secrets and Lies in a Silicon Valley Startup by John Carreyrou. Named one of the best books of the year by NPR, The New York Times Book Review, Time, Wall Street Journal, and the Washington Post. An in-depth look at Theranos and Elizabeth Holmes. Over 2,600 five star ratings.

Billion Dollar Facade: The Rise And Fall Of Theranos And Elizabeth Holmes by Phil C. Senior. Short 140 page summary of the Theranos scam.

Other Books about Scams

Scam Me If You Can: Simple Strategies to Outsmart Today’s Rip-off Artists by Frank W. Abagnale. Abagnale was the guy who wrote the book on scamming, Catch Me If You Can, which was made into a major motion picture.

How to Smell a Rat: The Five Signs of Financial Fraud by Ken Fisher. How investment fraudsters operate and how to avoid them. Written my billionaire money manager and former long time Forbes columnist Ken Fisher.

Billion Dollar Whale: The Man Who Fooled Wall Street, Hollywood, and the World by Tom Wright & Bradley Hope. Named a Best Book of 2018 by the Financial Times and Fortune, it is about the man who swindles $5 billion with the help of Goldman Sachs.

Real Estate Investing

The following are some recent top selling books on real estate investing, shown by category.

Rental Property Investing by Charles Pennyfeather

Real Estate Investment by Lee Strong

Preparing for a Property Upturn: Trends and Pitfalls in Real Estate Investments by Ku Swee Yong

Keep Claiming It!: A Guide To Property Depreciation by Tyron Hyde

Real Estate Investment 101: Learn The Passive Income That Everyone Is Talking About by Meir Zaslavskiy

Real Estate Investing UNCENSORED: Real Answers From The Flipping Coach by Delinda Harrelson

Success Secrets of Real Estate Investorsby Peter Crisp

How To Jump Into Property Investing: Without Being Eaten By Sharks by Mike Harvey

Real Estate Trivia by Fred Fuld III

Business Books

Strategize to Win By Carla A. Harris. A Wall Street veteran offers proven strategies for success.

The Pocket Small Business Owner’s Guide to Building Your Business By Kevin Devine. Each step of the entrepreneur’s journey.

Boost Your Career By Sander Flaum and Mechele Flaum. How to climb the corporate ladder.

The Serving Mindset By Farnoosh Brock. Practical guide to making sales pitches.

The 7 Principles of Public Speaking By Richard Zeoli. Improve your communication skills.

10-Minute Focus By Daniel Walter. Guide to maintaining your focus and maximizing productivity.

Chasing the High By Michael G. Dash. How to manage the highs and lows of business.

Getting to Yes By Roger Fisher, William Ury, and Bruce Patton. Master the art of win-win agreements.

Your Living Trust & Estate Plan By Harvey J. Platt. Tips on creating a living trust, will, and estate plan.

Happy Reading! Merry Christmas! Happy Hanukkah! Happy Holidays! Happy New Year!

Disclosure: A few of the above books were written by me. This page contains Amazon Affiliate links

Top Tax Selling Stocks Selling Below Cash per Share

  Please note that this is a sister publication of WallStreetNewsNetwork ( https://WStNN.com ) and postings will end on this site shortly.  

by Fred Fuld III

A tax selling stock is a stock that is currently selling for a low price but was trading at much higher levels earlier in the year.

What is Tax Harvesting?

As the year-end approaches, many investors use the strategy called tax harvesting , which is selling stocks the have tanked to offset any gains that may have been established sometime during the year.

With strong selling, the price of stocks that have had big drops tends to fall far more than what would normally take place during the rest of the year.

So traders and investors are on the lookout for stocks that are heavily hit, hoping for a little (or big) bounce in January, once the tax selling is over.

What is Cash per Share?

But if you can find a stock that is selling below cash per share, you have a double bonus. The cash per share is the amount of cash the company has divided by the number of shares.

So if you are looking for these types of stocks, see below for a selection of some that have dropped by over 50% year-to-date. Most have low market capitalizations so they should be considered speculative. However, all of these stocks are selling below cash per share.

What is the Price to Book Ratio?

In addition, they all have a price to book ratio of less than one. The Price toBook ratio, in simple terms, is what each share would be worth if the company went out of business today and all assets sold off. The lower the ratio, the better. And if the number is less than one, it means that each share is worth more than the assets.

Here is the list. Dropped more than 50% this year, selling below cash per share, low priced to book ratio, and a price to sales ratio of less than one. All are United States based companies.

List of Tax Selling Stocks

Acorda Therapeutics, Inc.	ACOR
Peabody Energy Corporation	BTU
Cumulus Media Inc.	CMLS

For a list of over 10 tax selling stocks selling below cash per share, go HERE.

Just remember, these stocks may be trading at a very low price for a reason. 

Happy investing.

Stocks Going Ex Dividend in December 2020

  Please note that this is a sister publication of WallStreetNewsNetwork ( https://WStNN.com ) and postings will end on this site shortly. 

 The following is a short list of some of the many stocks going ex dividend during the next month.

Many traders and investors use the stock trading technique called ‘Buying Dividends,’ also commonly referred to as ‘Dividend Capture.’ This is the strategy of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend.

TOP DIVIDEND STOCKS

This technique generally works in bull markets and flat or choppy markets, but you need to avoid the strategy during bear markets. In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can’t sell the stock until after the ex date.

The actual dividend may not be paid for another few weeks. WallStreetNewsNetwork.com has compiled a downloadable and sortable list of the stocks going ex dividend in the near future. The list contains many dividend paying companies, lots with market caps over $500 million, and many with yields over 2%. Here are a few examples showing the stock symbol, the ex-dividend date, the periodic dividend amount.

Costco Wholesale Corporation (COST)	12/1/20	10	0.72%
Nike, Inc. (NKE)	12/4/20	0.275	0.82%
Dick’s Sporting Goods Inc (DKS)	12/10/20	0.313	2.10%
Walmart Inc. (WMT)	12/10/20	0.54	1.42%
Best Buy Co., Inc. (BBY)	12/14/20	0.55	1.95%
ADT Inc. (ADT)	12/18/20	0.035	1.75%
Portland General Electric Company (POR)	12/24/20	0.407	3.83%
Xerox Holdings Corporation (XRX)	12/30/20	0.25	4.31%

The additional ex-dividend stocks can be found HERE . (If you have been to the page before, and the latest link doesn’t show up, you may have to empty your cache.) If you like dividend stocks, you should check out some of the other high yield stock lists at WStNN.com HERE . Most of the lists are free.

Dividend definitions:

Declaration date: the day that the company declares that there is going to be an upcoming dividend.

Ex-dividend date: the day on which if you buy the stock, you would not be entitled to that particular dividend; or the first day on which a shareholder can sell the shares and still be entitled to the dividend.

Record date: the day when you must be on the company’s books as a shareholder to receive the dividend. The ex-dividend date is normally set for stocks at two business days before the record date.

Payment date: the day on which the dividend payment is actually made, which can be as long at two months after the ex date.

TOP DIVIDEND STOCKS

Don’t forget to reconfirm the ex-dividend date with the company before implementing this technique.

Disclosure: Author did not own any of the above at the time the article was written; affiliate links.

Try the Warren Buffett-style Stock Analyzer for FREE!

Top Dividend Stocks
Top 100 Dividend Stocks, Ex-dividend Ratings, High Yield Ratings, Monthly Reports And More

Stocks Going Ex Dividend in November 2020

 Please note that this is a sister publication of WallStreetNewsNetwork ( https://WStNN.com ) and postings will end on this site shortly. 

The following is a short list of some of the many stocks going ex dividend during the next month.

Many traders and investors use the stock trading technique called ‘Buying Dividends,’ also commonly referred to as ‘Dividend Capture.’ This is the strategy of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend.

TOP DIVIDEND STOCKS

This technique generally works in bull markets and flat or choppy markets, but you need to avoid the strategy during bear markets. In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can’t sell the stock until after the ex date.

The actual dividend may not be paid for another few weeks. WallStreetNewsNetwork.com has compiled a downloadable and sortable list of the stocks going ex dividend in the near future. The list contains many dividend paying companies, lots with market caps over $500 million, and many with yields over 2%. Here are a few examples showing the stock symbol, the ex-dividend date, the periodic dividend amount.

Intel Corporation (INTC)	11/5/2020	0.33	3.00%
American Electric Power Company, Inc. (AEP)	11/9/2020	0.74	3.27%
Starbucks Corporation (SBUX)	11/10/2020	0.45	2.04%
Target Corporation (TGT)	11/17/2020	0.68	1.76%
CSX Corporation (CSX)	11/27/2020	0.26	1.34%
Coca-Cola Company (KO)	11/30/2020	0.41	3.42%

The additional ex-dividend stocks can be found HERE . (If you have been to the page before, and the latest link doesn’t show up, you may have to empty your cache.) If you like dividend stocks, you should check out some of the other high yield stock lists HERE . Most of the lists are free.

Dividend definitions:

Declaration date: the day that the company declares that there is going to be an upcoming dividend.

Ex-dividend date: the day on which if you buy the stock, you would not be entitled to that particular dividend; or the first day on which a shareholder can sell the shares and still be entitled to the dividend.

Record date: the day when you must be on the company’s books as a shareholder to receive the dividend. The ex-dividend date is normally set for stocks at two business days before the record date.

Payment date: the day on which the dividend payment is actually made, which can be as long at two months after the ex date.

TOP DIVIDEND STOCKS

Don’t forget to reconfirm the ex-dividend date with the company before implementing this technique.

Disclosure: Author did not own any of the above at the time the article was written; affiliate links.

Try the Warren Buffett-style Stock Analyzer for FREE!

Top Dividend Stocks
Top 100 Dividend Stocks, Ex-dividend Ratings, High Yield Ratings, Monthly Reports And More

Exclusive Interview with Ken Fisher about the Stock Market Under Trump versus Biden

 Please note that this is a sister publication of WallStreetNewsNetwork ( https://WStNN.com ) and postings will end on this site shortly.  

 by Fred Fuld III

The following informative interview was provided by Kenneth L. Fisher, founder and chairman of the money management firm Fisher Investments, who had the longest continuous running column in Forbes Magazine. He is a billionaire on the Forbes 400 list and author of numerous investment related books.

According to Investment Advisor magazine, he is one of the 30 most influential people in the investment advisory business over the last 30 years. Fisher is considered to be the largest wealth manager in the United States.

We cover a lot in this interview, including:

• The stock market under President Donald Trump versus former Vice President Joe Biden
• The influence of corporate tax rate on the stocks 
• The potential of the reversal of Trump’s tax bill on Day One if Joe Biden & Kamila Harris win the election
• The market under Republicans versus Democrats
• Whether inflation is on the horizon
• The petroleum industry
• Gross Output, GDP, and the economy versus the stock market
• Are stock ratios dead? (PE, PS, PEG)
• And much, much more

Two Timeless Books Mentioned by Ken Fisher in the Interview

The Only Three Questions That Still Count: Investing By Knowing What Others Don’t (A great companion to the  Beat the Crowd: How You Can Out-Invest the Herd by Thinking Differently book, which I enjoyed reading.)

Wall Street Waltz 

(My favorite of all his books is The Ten Roads to Riches: The Ways the Wealthy Got There (And How You Can Too!) Second Edition,  because it is so different from all the other financial publications. It basically tells you ten ways, with all the steps, to get really rich, including “marrying a billionaire.” Lot’s of insight and lots of humor. You can find more info about this book on a previous podcast: Interview with Billionaire Ken Fisher about the 10 Roads to Riches.)

The Interview

Enjoy listening to the great insights and  information that Ken Fisher provides.

To access a link to the interview, click:

HERE

Enjoy the interview and Happy Investing!

All opinions are those of Ken Fisher, and do not represent the opinions of this site or the interviewer. Neither this site, nor the interviewer, nor the interviewee are rendering tax, legal, or investment advice in this interview. As an Amazon Associate, earnings may be generated from qualifying purchases of books from affiliate links.

Top Sports Betting Stocks

 Please note that this is a sister publication of WallStreetNewsNetwork ( https://WStNN.com ) and postings will end on this site shortly. 

Sports are coming back. Online betting is increasing. What companies are benefiting?

Two years ago, the Supreme Court allowed betting on sports in all states, with each state deciding whether to allow this form of gambling or not. Several states have already legalized online sports betting. Many more states are considering legislation. These changes should lead to more online gambling, and a transition from illegal gambling to legal betting.

Even NBC Sports Broadcaster Jim Kozimor mentioned in an interview that sports betting will be an extremely strong growth industry.

So if you are looking for a way to profit from sports gambling, you should look at the stocks that should benefit from the online betting on sports events.

DraftKings (DKNG) is one of the largest pure plays in the online sports betting arena. This was one of the stocks that was created from a SPAC. Revenues for this $20.6 billion market cap company were up 23.6% for the latest quarter. Earnings are minimal giving it a price to earnings ratio of over 1000.

Flutter Entertainment (PDYPY) is one of the largest daily fantasy sports providers and a leader in the legal sports betting market. The company was formerly named Paddy Power Betfair. This $25 billion market cap company trades at 47.5 times earnings.

Boyd Gaming Corp. (BYD), an operator of a company that runs over a dozen casinos across the United States, offers its B Connected Sports app in order to take advantage of increased legalization. The stock trades at 30.9 times forward earnings.

to see a list of over 20 companies that may benefit from online sports betting and Internet gambling, sorted in order of market cap, click HERE.Maybe some of these stocks will win big.

Disclosure: Author owns DKNG

Stocks Going Ex Dividend in October 2020

Please note that this is a sister publication of WallStreetNewsNetwork ( https://WStNN.com ) and postings will end on this site shortly. 

The following is a short list of some of the many stocks going ex dividend during the next month.

Many traders and investors use the stock trading technique called ‘Buying Dividends,’ also commonly referred to as ‘Dividend Capture.’ This is the strategy of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend.

TOP DIVIDEND STOCKS

This technique generally works in bull markets and flat or choppy markets, but you need to avoid the strategy during bear markets. In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can’t sell the stock until after the ex date.

The actual dividend may not be paid for another few weeks. WallStreetNewsNetwork.com has compiled a downloadable and sortable list of the stocks going ex dividend in the near future. The list contains many dividend paying companies, lots with market caps over $500 million, and many with yields over 2%. Here are a few examples showing the stock symbol, the ex-dividend date, the periodic dividend amount.

Keurig Dr Pepper Inc. (KDP)	10/1/2020	0.15	2.21%
Oracle Corporation (ORCL)	10/7/2020	0.24	1.61%
Foot Locker, Inc. (FL)	10/15/2020	0.15	1.87%
Lowe’s Companies, Inc. (LOW)	10/20/2020	0.60	1.48%
Williams-Sonoma, Inc. (WSM)	10/22/2020	0.48	2.15%
Royal Bank Of Canada (RY)	10/23/2020	0.828	4.68%

The additional ex-dividend stocks can be found HERE . (If you have been to the page before, and the latest link doesn’t show up, you may have to empty your cache.) If you like dividend stocks, you should check out some of the other high yield stock lists HERE . Most of the lists are free.

Dividend definitions:

Declaration date: the day that the company declares that there is going to be an upcoming dividend.

Ex-dividend date: the day on which if you buy the stock, you would not be entitled to that particular dividend; or the first day on which a shareholder can sell the shares and still be entitled to the dividend.

Record date: the day when you must be on the company’s books as a shareholder to receive the dividend. The ex-dividend date is normally set for stocks at two business days before the record date.

Payment date: the day on which the dividend payment is actually made, which can be as long at two months after the ex date.

TOP DIVIDEND STOCKS

Don’t forget to reconfirm the ex-dividend date with the company before implementing this technique.

Disclosure: Author did not own any of the above at the time the article was written; affiliate links.

Try the Warren Buffett-style Stock Analyzer for FREE!

Top Dividend Stocks
Top 100 Dividend Stocks, Ex-dividend Ratings, High Yield Ratings, Monthly Reports And More

Over a Dozen Psychedelic Stocks to Choose From

Please note that this is a sister publication of Wall Street News Network ( https://WStNN.com ) and postings will end on this site shortly.  

 by Fred Fuld III

It was one year ago at the San Francisco MoneyShow that I gave a speech called Stocks of Leading Future Industries. In that presentation on August 16, 2019, I covered seven leading industries, plus one bonus industry.

The bonus industry was Legalized Hallucinogenic Drugs, primarily the legalization of psilocybin and the industry around its use for therapeutic purposes.

First Public Psilocybin Stock

At that time, there was only one publicly traded stock involved in researching psilocybin, Wuhan General (WUHN), which had a division, M2BIO, that was exploring the medical use of psilocybin for treatments of various conditions.

I didn't recommend the stock during the speech, (I never make any recommendations, I only come up with suggestions for you to research), but I did say that one of these days, this stock will start to move up, other psilocybin companies will go public, and these stocks could take off just like the cannabis stocks did in the past. I told the audience to watch this stock and the industry. You can see my speech below. The section on the psilocybin and psychedelic pharmaceutical industry is at the 25 minute mark.

 

If you want to see a pdf of the slides from the presentation, you can go HERE.

The Alert About Psychedelic Stocks

So why was it important to keep an eye on this stock? From November 20, 2019 to May 20, 2020, the stock traded between 2 cents a share to 4 cents a share. The next day, the stock almost doubled to 7 cents a share. It then traded at 8 cents a share for a couple days, and jumped by 50% to 12 cents a share the next day. After that, it really started to move.

So there were exactly six months that you could have picked up the stock for, let's say, 3 cents a share, halfway between the trading range. The stock closed at 33 cents on Friday (actually 32.75 cents but I rounded to make the calculation easier).

This works out to a 1,000% profit on Wuhan. In other words, if you had invested $5,000 at 3 cents per share, the shareholdings would now be worth $50,000. Actually the stock has even traded above 42 cents since May.

The movement of the shares should have been an alert to investors and traders.

Why the Potential for the Psychedelic Drug Industry

In my presentation, I discussed how extensive research is being done with health treatment studies on the use of psilocybin to treat:

•Anxiety disorders

•Major depression

•Addictions

•Drug dependence

•Mood disorders

•Treatment Resistant Depression

•OCD

•PTSD

 

I also mentioned that psilocybin and magic mushrooms have been decriminalized or legalized in:

 

–Denver, Colorado (May 2019)

–Oakland, California (June 2019)

–Austria (possession decriminalized 2016)

–Brazil

–Iceland (fresh mushrooms only)

–Jamaica

–Netherlands (legal as truffle)

–Portugal (decriminalized)

–Samoa

–Spain (decriminalized for personal use)

–Vietnam

 

Since then, Santa Cruz has decriminalized psilocybin in January of this year.

Is There a Precedent for Using Hallucinogenic Drugs Medically?

There have actually been examples of hallucinogenic drugs being used for medical purposes. One example is Lorcaserin [BELVIQ], which is a hallucinogen, but has been marketed for weight loss in very low doses. The Schedule I hallucinogen psilocybin has the same mechanism of action as Lorcaserin, according to the U. S. Government National Institute of Health. Arena (ARNA) markets the drug in the U.S. and South Korea, and Eisai Co Ltd (ESALY) manufactures and distributes the drug.

 

Another example is Spravato, which is a derivative of the psychedelic ketamine, and is being used for depression. It is produced by Johnson & Johnson (JNJ).

 

What's Happening Now with Psychedelic Drugs and Stocks

On Friday, September 18, 2020, Compass Pathways (CMPS) went public, trading on the NASDAQ. The company's IPO was priced at $17 per share, up from a range of $14 to $16, due to the huge demand.

 

Once it started trading it skyrocketed to $29 a share, an increase of over 70%, and putting the market cap at almost a billion dollars.

 

The company, which is based in England, is doing therapeutic research on the use of psilocybin for depression.

 

There are now over a dozen stocks involved in the psilocybin and psychedelic drug industry. To see a list of these stocks, click HERE.

 

Maybe some of these stocks will get higher and higher.

 

Disclosure: Author owns a very small amount of CMPS (less than 10 shares) at the time the article was written.

 

 

Stocks Going Ex Dividend September 2020

Please note that this is a sister publication of WallStreetNewsNetwork ( https://WStNN.com ) and postings will end on this site shortly.

The following is a short list of some of the many stocks going ex dividend during the next month.

Many traders and investors use the stock trading technique called ‘Buying Dividends,’ also commonly referred to as ‘Dividend Capture.’ This is the strategy of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend.

TOP DIVIDEND STOCKS

This technique generally works in bull markets and flat or choppy markets, but you need to avoid the strategy during bear markets. In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can’t sell the stock until after the ex date.

The actual dividend may not be paid for another few weeks. WallStreetNewsNetwork.com has compiled a downloadable and sortable list of the stocks going ex dividend in the near future. The list contains many dividend paying companies, lots with market caps over $500 million, and many with yields over 2%. Here are a few examples showing the stock symbol, the ex-dividend date, the periodic dividend amount.

Schlumberger N.V. (SLB)	9/1/2020	0.125	2.66%
Home Depot, Inc. (HD)	9/2/2020	1.50	2.14%
H&R Block, Inc. (HRB)	9/10/2020	0.26	7.25%
Coca-Cola Company (KO)	9/14/2020	0.41	3.46%
Portland General Electric (POR)	9/24/20	0.407	3.96%
Yamana Gold Inc. (AUY)	9/29/2020	0.018	1.14%

The additional ex-dividend stocks can be found HERE . (If you have been to the page before, and the latest link doesn’t show up, you may have to empty your cache.) If you like dividend stocks, you should check out some of the other high yield stock lists HERE . Most of the lists are free.

Dividend definitions:

Declaration date: the day that the company declares that there is going to be an upcoming dividend.

Ex-dividend date: the day on which if you buy the stock, you would not be entitled to that particular dividend; or the first day on which a shareholder can sell the shares and still be entitled to the dividend.

Record date: the day when you must be on the company’s books as a shareholder to receive the dividend. The ex-dividend date is normally set for stocks at two business days before the record date.Payment date: the day on which the dividend payment is actually made, which can be as long at two months after the ex date.

TOP DIVIDEND STOCKS

Don’t forget to reconfirm the ex-dividend date with the company before implementing this technique.

Disclosure: Author did not own any of the above at the time the article was written; affiliate links.

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