3 hot stock sectors

marijuana, weed, pot, smoke
Marijuana stocks are blazing through the market.
Credit: AFP

My top students and I have each have accomplished the seemingly impossible, having turned a few thousand dollars in savings into several million dollars all within a few short years. Everyone wants to know how to achieve the same kind of success and so I teach my strategy openly to all those who will listen.
One of the most important rules to growing an account exponentially rather than just the typical 10 to 20 percent per year is to focus on the hottest stock market sectors since to grow your account fast, you need fast moving stocks!

Here are three of the hottest sectors I’m watching:

Hot Sector #1: Mobile internet stocks

The growth in mobile Internet usage has exploded the past few years and the stock prices of companies benefiting from this trend like Yelp and Facebook have similarly exploded. Startups with no revenues or profits but booming user growth like Instagram and SnapChat have become worth billions in record time.

When looking for “the next big thing” in this sector be on the lookout for mobile applications and websites that are simple and fun to use with wide mainstream appeal. Unlike traditional stocks, you don’t have to worry about pesky revenues or profits, so it’s basically a popularity contest and the rewards in this contest are in the billions of dollars. Investors and traders take note.

Hot Sector #2: Marijuana stocks

With more and more states legalizing marijuana, this sector was the single hottest sector in the entire world for the first few months of 2014. Things have cooled down a bit recently as those initial gains could not be sustained, but I fully expect this sector to rise again in the future given the trends and popularity of this “medicine”.

Signs of a comeback will include tremendous press and further legalization news ideally together with uptrending stock prices in all of the most popular marijuana stocks. I won’t mention them here since they are all so speculative, but be ready for when the press picks up this story again and then simply buy the strongest marijuana stocks that get the most positive press and social media mentions.

Hot Sector #3: Apple related stocks

The hottest, most popular technology company on the planet has created a cottage industry of those who speculate on new products, everything from the upcoming iPhone to the rumored iWatch and products that could fundamentally change the health and medicine fields, transportation and home entertainment.

Similar to the marijuana sector, I won’t play the rumor-game as too many do so I won’t mention any specific companies that could benefit from working with Apple on any of their upcoming products. That’s because I’ve never made much money buying rumors given their low odds of success.

For buying Apple related stocks, I will wait for specific product announcements and then act quickly once their new partners/suppliers are confirmed, as the stocks of those companies will benefit greatly in the coming weeks and months on sheer hype alone, no matter if the products are ultimately successful in the long run.

This week’s picks:

1. PostMates is a great new app where you can now get restaurant delivery in the nation’s biggest cities.

2. The U.S. stock market has pulled back some off its highs which is very healthy, we can’t go straight up forever without any pullbacks!

3. Yahoo! Acquired RayV, a startup that focuses on high-quality video streaming – thank God, we need much better video streaming technology!

Up and down:


The US stock market is at all-time highs and there doesn’t seem to be anything on the horizon to stop the bullish rally.


Brazil getting blown out in the World Cup saddened an entire nation and few could ever rejoice in the sadness of so many hundreds of millions of people.

Timothy Sykes is a millionaire stock trader and entrepreneur. Visit his site at TimothySykes.com.


Brooklyn man charged in roommate's stabbing death

A Brooklyn man accused of violently stabbing his roommate to death on Monday is in police custody and faces murder charges.


Dinosaurs could have survived asteroid strike

It turns out there is a good and a bad time for the planet to be hit by a meteor, and dinosaurs were just unlucky.…


OkCupid admits to Facebook-style experimenting on customers

By Sarah McBrideSAN FRANCISCO (Reuters) - OkCupid, a top U.S. matchmaking website, intentionally mismatched users to test its technology, the IAC/InterActive Corp service said on…


MTA fares still increasing 4 percent in newly…

The agency said the 4 percent increases, previously announced in December, will remain steady even as the MTA deals with increasing labor costs.


Interview: Brendan Gleeson on the way 'Calvary' depicts…

Brendan Gleeson talks about how his new film "Calvary" began over drinks and how his character here is the opposite of the lead in "The Guard."


'Get on Up' producer Mick Jagger on the…

Mick Jagger, a producer on the James Brown biopic "Get on Up," talks about the time had to tell the singer some bad news and his favorite JB record.


'Glee' star Lea Michele to appear on 'Sons…

"Glee" star Lea Michele has been confirmed as a guest star in the final season of "Sons of Anarchy."


TV watch list, Monday, July 28: 'The Bachelorette'…

See Andi Dorfman make her big choice on tonight's 'Bachelorette' finale.


Angelo Cataldi: Ryan Howard deserves better from Phillies

Just last week, Ryan Howard endured the embarrassment of a benching that was inevitable, and yet still shocking.


Larry Donnell has inside track in Giants tight…

Little-known Larry Donnell of Grambling State currently has the inside track, as the second-year player has received the bulk of the first-team reps.


Computer to Jets: Start Michael Vick over Geno…

Jets general manager John Idzik says the choice of who starts between second-year quarterback Geno Smith and veteran Michael Vick will be a “Jets decision.”


Yankees looking to trade for Josh Willingham: Report

CBS Sports’ Jon Heyman reported Sunday the Yankees are interested in Twins outfielder Josh Willingham.


Glasgow: Hey, hey, the gangs aren't here

This European city has done a good job getting rid of its more violent residents and revitalizing with artists.


Babson College tops list of best colleges for…

Money magazine has just released its inaugural list of "The Best Colleges for Your Money" -- and the answers have surprised many. Babson College, which…


NYC teens learn how to develop apps during…

Through a program sponsored by CampInteractive, the high schoolers designed their own community-focused apps.


The Ministry of Silly Walks app is both…

Monty Python have dug into their back catalogue for cash-ins once more, but with the Ministry of Silly Walks app, they've made something that's fun too.