Archives for October 2017

October 2017 - Page 6 of 23 - Money Morning - Only the News You Can Profit From

This Extreme Situation Can Help You Bank Massive Profits

We've seen time… and time… and time again just how large a part human emotion plays in big market moves.

Whether it's classic Greenspan-ian "irrational exuberance" at market tops, bidding up everything from tulip bulbs to dot-com stocks, or – less so these days – despair that catches like wildfire, sending otherwise perfectly sound stocks plummeting with no business case for them to do so.

In other words, emotions drive financial markets (and, importantly, the individual securities on them) "out of whack" – sometimes severely so.

This emotion drives investors to make bad, if not disastrous, decisions, gleefully overpaying at tops and selling at a long-term loss at bottoms.

Nevertheless, if you can hold your nerve, keep a proper perspective, and not go along with the crowd, you'll find that there's massive upside in these extreme situations – especially the one I'm going to show you.

Now, these aren't just rare opportunities. You can find these extremes everywhere in the market, at just about any time.

They show up in broad indexes… specific market sectors… individual stocks and bonds…

And each one is a huge opportunity...

Global Equities Mixed As Geopolitical Front Remains Quieter

World stock markets were mixed overnight. U.S. stock indexes are pointed toward firmer openings when the New York day session begins, after a rare sell off that occurred on Monday. Global equities traders are focused on corporate earnings reports this week.

Gold prices are slightly lower in pre-U.S.-session trading. The bears have some technical momentum on their side early this week. There have not been any flare-ups on the geopolitical front the past couple weeks, and that is also working against the safe-haven metal.

In overnight news, the Euro zone Markit purchasing managers' survey (PMI) came in at 55.9 in October versus 56.7 in September.