7 Basic Materials Stocks to Buy to Anchor Your Portfolio

The movement of basic materials stocks requires investors to keep a keen eye on the state of the economy to determine profitability. Raw materials such as plastic, steel, and lumber will always be in demand. Here are 7 stocks to take advantage of the growing demand!

By clicking the link above you will automatically opt-in to receive emails from MarketHundred

Ex-DOJ Attorney Says Former Trump Aide's Testimony Sinks Ex-President's Criminal Defense: 'Big Fat Nail In The Coffin'

Shanthi Rexaline
May 05, 2024

Hope Hicks, the former aide of Donald Trump, testified in the New York hush-money criminal case trial last week, and, last Friday, former Department of Justice Attorney and law professor Andrew Weissmann delved into what has transpired so far in the case and the path forward.

Victory For Bragg: The week ended on a very high note for New York District Attorney Alvin Bragg’s office, Weissmann said.

“I cannot stress enough how much of a big fat nail in the coffin Hope Hicks was to the Trump criminal defense,” he said.

Hicks’ statement, coming from a staunch Trump loyalist fully aware of the hush-money agreements, including those with Karen McDougal and adult film star Stormy Daniels, leaves no room for doubt, he added.

Weissmann,  who served as the assistant United States Attorney from 1991 to 2002, said Hicks was a “devastating” witness against Trump. He noted that Hicks made it clear that Trump knew of Michael Cohen‘s payoff to Daniels. Her testimony also sinks Trump’s defense, as the ex-president went on record in a civil case admitting that he had reimbursed Cohen the $130,000, Weissmann added.

Hicks confirmed that Trump understood the purpose of the money was to silence Daniels, not for the purported legal fees for ongoing work by Cohen, Weissman stated.

“And Hicks’ crying on the stand makes it that much clearer that she does not want to be implicating her former boss — the DA is making the case, as the J6C did, through Trump loyalists,” the legal expert said.

See Also: Did Donald Trump Deny Stormy Daniels Affair To Shield Wife Melania From Scandal? Former Top Aide Testifies In Hush-Money Trial.

What Lies Ahead: Looking ahead, Bragg must prove “Trump made or caused making knowingly false business records with intent to further or conceal another crime, such as state campaign law,” Weissmann said.

So far, the defense has cited evidence of intent to conceal another crime, the DOJ veteran said. He added that, based on Hicks’ testimony, it was clear that at the time Trump reimbursed Cohen, the former president was aware of the hush-money scheme.

“The knowledge of the false business records is next, which will come from Trump himself signing the repayment checks, the amounts, the timing, and the invoices falsely noting they are for current legal services versus Hicks’ testimony that Trump knew of the hush money scheme at that time and Trump’s own prior admissions that he repaid Michael Cohen,” Weissmann said.

“With that, the DA case will be done.”

“Thanks to District Attorney Alvin Bragg and his crackerjack team of experienced attorneys, we have witnessed a criminal case unfold like clockwork, building a case based on Trump-world insiders, corroborated by hundreds of tapes, emails, texts, phone records, documents, tweets and financial records,” Wesimann said in an article he contributed to MSNBC on Saturday.

Read Next: Best Penny Stocks

Photo: Shutterstock

Continue Reading...

Popular

Massive Crisis Looming -- Protect Your Savings Now - Ad

A massive crisis could begin to hit America before the election and it could ultimately destroy the very foundation of this country. That's why Dr. Weiss recorded this urgent video message where shares all the details about what's happening along the three steps you should consider to protect your money.

Elon Musk Says Donald Trump Calls Him For No Reason: 'I Don't Know Why'

Tesla CEO Elon Musk unveiled details of his interactions with former President Donald Trump during the company's shareholder meeting.

Following Historic Conviction, Donald Trump Is Facing More Criminal Charges With No Endgame In Sight

In a landmark legal battle, former President Donald Trump was convicted in New York last week, marking a significant moment as he faces other multiple charges across the U.S.

Your Second Chance to Profit from AI - Ad

If you missed out on Nvidia, don't worry. A 244-year-old pattern is about to trigger a $25.6 trillion AI surge... And send three overlooked stocks soaring 1,000%+

From Nvidia's Stock Split, Intel's Revitalized AI Strategy To Tesla's Chip Saga: This Week In The World Of AI

Industry giants Nvidia and Intel made major moves this week, including a 10-for-1 stock split and new AI chips. Foxconn also predicts AI server sales surge.

Will Your iPhone Support New Apple Intelligence Features? Here's What You Need To Know

Apple has announced a suite of AI-powered features for iPhones, calling it Apple Intelligence. However, these features will be limited to select iPhones.

Discover "U.S.'s New Money" Before Biden Wins - Ad

A new form of money has emerged in America, and it's making some folks wildly rich... (Musk and Bezos both use it). Find out how you can too in this free video.

Nvidia 10-for-1 stock split goes into effect after stock price for the chipmaker doubled this year

Nvidia's 10-for-1 stock split goes into effect on Monday, giving investors nine additional shares for every one that they already own.

Could This New Project Top $1T? - Ad

This billionaire has predicted that his new venture - something I'm calling "X-9840" - could become "a trillion dollar company." Today, only three companies in the US are worth more than $2 trillion. Microsoft... Apple...and Nvidia. This has nothing to do with electric vehicles... Self-driving cars, rockets, brain chips, or satellites.

Visa's Mark Nelsen wants to make your plastic credit card obsolete

Mark Nelsen, Visa’s global head of consumer payments, sees a world where the plastic card in your wallet becomes increasingly obsolete and the standard 16-digit account number becomes worthless.

After Conviction, There Could Be More Bad News for Trump - Ad

Former advisor to the CIA, the Pentagon and the White House Jim Rickards just dropped this Trump election bombshell. For the sake of our country...I hope he's wrong. Because if he's right, you need to prepare now.

How These 2 Nasdaq-Listed Marijuana Companies Found A Way To Raise $250M Without Tanking Their Stock

This week's Viridian Valuation Tracker investigates the valuation metrics of Canadian cultivation and retail companies with market caps over $100M.

Warren Buffett's "Mystery Stock" - Ad

Billionaires are plowing millions of dollars into a new technology that early estimates say could generate more wealth than A.I. -- and determine the future of companies like Microsoft. The problem? Most investors have no idea it's happening, or how to profit on it. This expert just went public with all the details, including which stocks to jump on immediately.

Apple's Warranty Updates, iPhone Support Duration, And More: This Week In Apple News

Apple Inc. has been in the spotlight this week with policy changes and revelations. From cracked screen repairs to iPhone support period, here's a round-up of the top stories.

Ex-CIA Insider Exposes How Dems Could Rig the Election - Ad

In 2016, surveys were giving Hillary Clinton more than 99% chance of winning right up until election night. But right before the election... Former advisor to the CIA, Jim Rickards predicted Trump would win. You won't believe what he's predicting now. And it could have huge implications for the financial markets.

An investment firm has taken a $1.9 billion stake in Southwest Airlines and wants to oust the CEO

DALLAS (AP) — Activist shareholder Elliott Investment Management has bought a $1.9 billion stake in Southwest Airlines and is seeking to force out the CEO of the airline, which has struggled with operational and financial problems.

The 7th Trillion Dollar Company? - Ad

There are six American companies worth over $1 trillion. Could there be a seventh soon? This company signed a massive deal with Apple until 2040 and is also involved with Nvidia, Google, and Samsung. Could this be the next trillion-dollar company? A top stock expertpicker thinks so.

Walmart offers new perks for workers, from a new bonus plan to opportunities in skilled trade jobs

NEW YORK (AP) — is offering new perks for its hourly U.S. workers, ranging from a new bonus plan to opportunities to move into skilled trade jobs within the company.

This NYC vet makes house calls. In 'Pets and the City,' she's penned a memoir full of tails

NEW YORK (AP) — As a city kid, Amy Attas had big dreams of roaming the countryside, healing animals a la James Herriot's classic

Elon's New A.I. Device is About to Shock the World - Ad

Using this device you see... Elon Musk just tested a new type of A.I. that according to Wired Magazine will usher in... "The next step in human evolution."

Missile attacks by Yemen's Houthi rebels strike 2 ships in the Gulf of Aden, US military says

MANAMA, Bahrain (AP) — Missile attacks by Yemen's Houthi rebels struck two ships in the Gulf of Aden, authorities said Sunday, the latest assaults on shipping in the region.

Bitcoin Plummets To $67K And 'This Move Isn't Over,' Warns Analyst

Bitcoin (CRYPTO: BTC) prices fell sharply during the Asian trading session today, dipping below $67,000 and raising concerns about a potential reversal in the recent

Seven Unknown AI Stocks That Could Dominate the Next Six Years - Ad

The original "Magnificent Seven" stocks generated 16,800% over the last 20 years. But now a new set of AI stocks is set to take over. Alex Green dubs them "The Next Magnificent Seven." And he's arguing that just $1,000 in each could turn into more than $1 million in less than six years.

Another Blow For Kremlin? This Key Russian President's Ally Is Quitting Moscow's Rival To NATO

Armenia has announced its intention to withdraw from the Russian-led Collective Security Treaty Organization (CSTO), signaling a major blow to President Vladimir Putin's alliance strategy.

Elon Musk's Crazy New Experiment...REVEALED - Ad

On January 28th of 2024... Elon Musk launched a crazy AI experiment involving a real human in California. Elon already invested $100 million of his own money into this AI project... Because he knows the profits here could be ridiculous.

California lawmakers fast-track bill that would require online sellers to verify their identity

SACRAMENTO, Calif. (AP) — A California bill that would require marketplaces like eBay and Nextdoor to start collecting bank accounts and tax identification numbers from high-volume sellers who advertise online but collect payments offline was fast-tracked by Democratic lawmakers with committees voting on it Tuesday.

General Motors Adjusts EV Production Target, Resumes Cruise Operations In Houston

GM's Cruise resumes operations in Houston. The company adjusted its EV production target; approved $6B stock buyback.

The Mysterious Tale of "America's No. 1 Retirement Stock" - Ad

This factory of 53,000 employees, in Burbank, CA, was camouflaged to look like a sleepy suburb (with the help of artists, set designers, and painters from nearby Hollywood movie studios). The mysterious company behind this disappearing act is now being called "America's No. 1 Retirement Stock".

Florida jury finds Chiquita Brands liable for Colombia deaths, must pay $38.3M to family members

Banana giant Chiquita Brands must pay $38.3 million to 16 family members of people killed during Colombia's long civil war by a violent right-wing paramilitary group funded by the company, a federal jury in Florida decided.

Why BioSig Technologies (BSGM) Shares Are Down Over 60%

BioSig Technologies shares are trading lower by 67% during Tuesday's session. The company said it was notified by the Nasdaq Hearings Panel that its common stock will be delisted.

What's the #1 Stock to Build Generational Wealth Right Now? - Ad

One Wall Street millionaire will give you a surprising answer. He bought AAPL at $0.35 and AMZN under $2.50. Recently, he sat down for an exclusive interview, revealing EXACTLY where to put your money this year. An investment vehicle he's so confident in, he says he'd put 50% of his kids' inheritance into this stock.

Inflation data this week could help determine Fed's timetable for rate cuts

WASHINGTON (AP) — After Federal Reserve officials meet this week, a statement they will issue may suggest that they’ve seen meaningful this year — a prelude to eventual interest rate cuts.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service