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stocks

Medical Marijuana Stocks Are Set to Skyrocket in 2016

Medical marijuana stocks are crushing the broader market in 2016.

And we've found five important reasons why the marijuana market will continue to outperform.

Here's everything you need to know about where cannabis stocks are heading...

Wall Street

How Bernie Madoff Is Still Calling the Shots on Wall Street

Back in 1998, my firm visited with a prominent money manager in New York City.

At the time, we were trying to raise money to invest in less‐than‐investment‐grade corporate debt. We attended the meeting and, to put it politely, we were given the brush off. That was no big deal – it happened all the time.

But what that money manager said struck us as very odd…

"Why should I give you guys money?" he asked. "You can't make me one point a month like my friend can."

We responded, "It's not a 'point‐a‐month' world." And that was that.

Several years later, in 2005, we were sitting in front of another group that said it was interested in raising money for us.

The talks proceeded to the point where we were invited to meet with the company's founder and his top lieutenants.

These gentlemen explained they were looking for another product to add to the offering of their "winningest" manager, who was producing "consistent monthly returns in the 80 to 100 basis-point range."

That they were looking for a new product wasn't unusual. But the manager's purported returns sure as hell were. Stranger still, they wouldn't name the manager. The guy's identity was treated like a national security secret.

What's more, these gentlemen stressed repeatedly that they could not consider a strategy that might potentially expose them to losses of as much as 2% a month. Of course, we told them it would be impossible to guarantee that there would never be monthly losses.

Needless to say, the talks went nowhere.

In 2008, barely three years after that bizarre, fruitless meeting, the "winningest" manager with the top-secret name was in handcuffs, perp-walked across every television and front page in the Western world.

We'd had a brush, of the faintest kind, with Bernie Madoff.

Because of simple common sense – the certain knowledge that it's not "a point-a-month world," and a grasp of the fact that any investment can lose money – neither we nor our clients were ever in danger from the con man's massive fraud.

But the same can't be said of Madoff's 4,800 victims, of course, who lost close to $65 billion. On top of the financial ruin, at least two people killed themselves as a result of the Ponzi scheme, including Madoff's own son.

Now here's the really horrible thing: You might think the book is closed on Bernie Madoff. But the story didn't end when they slammed the cell door shut on him at the Federal hoosegow at FCC Butner.

Federal Prisoner No. 61727-054, and every single money manager unwittingly "infected" by him, are still costing unsuspecting investors millions of dollars.

Let me show you why that's the case, and what you can do to make sure you're not among the next set of victims...

Global Markets

World Leaders Will Use G20 to Whine About Donald Trump Instead of Fixing Economies

Treasury Secretary Jack Lew won't be quiet at the G20 Summit this weekend.

Not with Donald Trump as the GOP nominee.

In fact, we're expecting trash talk galore...

Technology

Tesla Motors Stock: Your 60-Second Guide to Musk's New "Master Plan"

Tesla Motors stock received a new catalyst today after CEO Elon Musk unveiled his "Master Plan Part 2."

The ambitious plan has sparked renewed interest in the cutting-edge company.

Here are all the details and why we remain bullish on Tesla stock long term...

Wall Street

Why the DOJ Finally Nabbed These Big Bad Bankers

The DOJ is suddenly arresting big bank executives for currency manipulation.

They should've done this years ago.

Here's why they're just doing it now...

Market Crash

Is This Market Rally a Sign the Next Stock Market Crash Is Coming?

Some investors are worried the markets' unwarranted surge to new record highs could lead to a stock market crash.

Here's what you should expect...

Stocks

Three Tips for Investing in Biotech Stocks

The following three tips let you get the biggest profits ever when investing in biotech stocks – if you do proper research and exercise discipline.

Use these to increase your chances of getting huge biotech gains in 2016.

Continue on to biotech stock tips here...

Wall Street

This WSJ Advice Will Clean Out Your Bank Account

Michael Lewitt warns that much of the advice published by financial media will clean out your bank account.

Learn more here - before you lose your savings...

Market Crash

Ahead of the $200 Trillion Stock Market Crash, Make Sure to Own These Two Investments

The warning signs for a stock market crash are all around us.

While the Fed wants you to think everything is fine, there is a $200 trillion problem across the globe called debt.

The mainstream media won't tell you how to prepare for this impending economic collapse. So today, we shared the two investments you have to make to keep your nest egg safe...

Dow Jones

Dow Jones Industrial Average Today Starts to Slide After Record Highs

The Dow Jones Industrial Average today is slightly down after a massive market rally the past several days.

The Bank of England and the Bank of Japan each shared monetary policies for the future, and CEO Elon Musk discussed what he hopes Tesla Motors can accomplish in the next several years.

But those aren't the only stories you need to know- here's all the important stock market information to get you ready for July 21...