World stock markets were mostly weaker overnight, on a bevy of concerns in the marketplace.
Archives for September 2017
September 2017 - Page 20 of 22 - Money Morning - Only the News You Can Profit From
Do Not Try to Second-Guess This Bull Market
The current rally is just a wee bit over eight years, six months old. Any way you slice it, it's an incredible, though still not unprecedented, run since the Dow's low of 6,469.95 on March 6, 2009.
Now that the bull has reached a ripe old age, more and more talking heads are calling for its end on the basis of its "advanced" age alone.
I'll be blunt: Changing your bullish bias and acting on the assumption that the simple passage of time is enough to halt the rally is likely to cost you money – and plenty of it.
I can say that with confidence (and trade likewise) because, over my 31 years in the markets, I've learned exactly what ignites, what perpetuates, and, of course, what kills, a bull market.
I don't really see anything that suggests this one is spent...
New IPO Movers of the Week
Here's a look at the biggest new IPO movers for the week of Aug. 28-Sept. 1, 2017.
Why the 31% Ethereum Price Drop Is Not as Bad as It Looks
The steep Ethereum price drop over the weekend looked bad – but don't panic, there is a silver lining.
The price of Ethereum fell 31% in three days, slammed by a crackdown on initial coin offerings in both China and South Korea. Most ICOs are based on Ethereum.
The news also took a 25% bite out of the total value of all cryptocurrencies over the weekend.
But this crackdown will work out in favor of cryptocurrencies in the long run...
Tech Stock Movers of the Week
Here's a look at the biggest tech movers for the week of Aug. 28-Sept. 1, 2017.
Palo Alto Networks Inc., one of the stocks we told you to keep an eye on last week, cracked the winners' list.
Plus, we’ve got two new tech stocks to watch this week.
Jim Rickards: War with North Korea Will Cause Gold to Hit $10,000 an Ounce
"I expect to see gold hit $5,000 and eventually to $10,000 an ounce," said Jim Rickards in a recent interview.
The question is, what are the catalysts that could take gold this high?
According to Rickards, it comes down to two very important factors...
Will the Lyft IPO Happen Before Uber's?
Will the Lyft IPO happen before the Uber IPO?
Uber might go public between 2019 and 2021, which means Lyft could race towards an IPO in 2018.
Here are all the details about the Lyft IPO you need to know...
The Price of Bitcoin Falls $200 as China Bans ICOs and Tries to Regulate Market
The price of Bitcoin fell by over $200 last night.
Chinese regulators announced yesterday they are banning ICOs, which has caused fear in the cryptocurrency world.
Here's what it means for digital currencies...
Price of Gold Hits One-Year High on North Korea Fears - Here's What's Next
The price of gold today is trading up to its highest level since Sept. 27, 2016.
The recent gains come amid North Korea's weapons tests, including its highly provocative hydrogen bomb test on Sunday.
But we expect gold to head even higher before 2018 - here's why...
Bitcoin Prices Drop $200 but Could Still Climb to $10,000 by 2018
Bitcoin prices dropped nearly 6% in the last day because China banned ICOs.
Digital currency investors are worried new regulations will decrease the demand for Bitcoin.