Archives for September 2017

September 2017 - Page 10 of 22 - Money Morning - Only the News You Can Profit From

How This Month's Bitcoin Price Crash Tripped Up the Media

This month's Bitcoin price crash was just another bump in the road, but the mainstream media once gain botched the job when it came to explaining what happened and what it meant.

Many stories declared that the Bitcoin "bubble" had burst, and that China's moves to restrict Bitcoin trading and IPOs were "the beginning of the end."

But as the Bitcoin price rebounded over the weekend, it became clear these obituaries were premature.

Here's what the mainstream media missed...

These Charts Show Exactly What Happens Before Markets Dive

I've been saying – constantly – that traders and investors should keep a bullish bias; that it's the key to making big, consistent profits.

And I'll say it again: This market is going to continue going up.

There's no mystery as to why. I've got a simple, straightforward interpretation of what the market is telling us, and it just makes good sense (and, for the folks following along, good money).

Last week, we saw new all-time closing highs in the S&P 500 four times – and we did it all over again on Monday, opening to record highs.

In Stealth Profits Trader, we've ridden this bullish trend to another 200% win in our Best Buy calls. That was our 36th triple-digit win of 2017, and it was perfectly indicative of the kinds of gains this market's giving those who know which way the wind is blowing.

Now, I hear a lot from readers asking what they should do with all their profits. But there's a question I get even more, from folks who are clearly anxious about a good thing being perhaps a little too good…

"What's next?"

Well, let me show you - and tell you how I know...