Archives for January 2017

January 2017 - Page 5 of 25 - Money Morning - Only the News You Can Profit From

Dow Jones Industrial Average Today Rallies After Index Surges Past 20,000

The Dow Jones Industrial Average today was pushing higher thanks to a strong uptick in global stocks and confidence ahead of another busy day of earnings reports and economic data.

On Wednesday, the Dow rallied above 20,000 thanks to a strong uptick in financial and healthcare stocks.

Here's a look at today's most important market events and stocks, plus a look at today's economic calendar.

Global Equity Markets' Rallies In Focus, Highlighting Keener Investor Risk Appetite

(Kitco News) – The feature in the marketplace this week is rallying world stock markets, led by U.S. stock indexes that again hit record highs Wednesday. Asian and European stock indexes were mostly higher Thursday, with U.S. stock indexes also pointed toward firmer openings when the New York day session begins.

The U.S. Dow Jones Industrial Average pushed above 20,000 for the first time ever Wednesday, which is likely to garner the attention of the general public and could invite even more near-term demand for stock shares.

Gold prices are again under pressure Thursday morning, amid the world stock market rallies that highlight the "risk-on" trader and investor mentality

Marijuana Investing in 2017 Just Got Even Brighter

Just a few weeks ago, I released my marijuana investing forecast for the year ahead. If you haven't read it, I won't spoil it for you, but it was extremely bullish. And that says quite a lot when you think about the flood tide of legal victories and the nice returns cannabis investing has already brought in the past year.

Now, as I mentioned, some investors and sector-watchers are nervous given attorney general nominee Jeff Sessions' stated views on marijuana. They're not exactly progressive.

What's more, we're seeing legislative "pushback" in some state assemblies where voters just OK'd recreational marijuana use.

But I'm going to fill you in on what's really happening here, and then you'll see why my outlook is even stronger than it was earlier this month...