Archives for October 2017

October 2017 - Page 9 of 23 - Money Morning - Only the News You Can Profit From

How a Crisis in Europe Is Sinking the Dow Jones Today

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The Dow Jones today is dropping thanks to more turmoil in Spain over Catalonian secession…

Dow Jones futures are down 85 points ahead of the opening bell as Spain's proposal to strip Catalonia's leaders of their authority tanked European stocks.

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

Uber Agrees to Limit Travis Kalanick's Power

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To receive a massive investment from SoftBank, Uber is agreeing to limit former CEO Travis Kalanick's power.

If Uber agrees to SoftBank's demands, it will receive at least $10 billion.

Here are the most important details about the agreement and what it means for the Uber IPO...

Global Stocks Down On 30th Anniversary of "Black Monday"

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World stock markets were mostly lower overnight. U.S. stock indexes are pointed toward solidly lower openings when the New York day session begins.The bourses are seeing some profit taking after recently hitting record or multi-year highs. Today is the 30th anniversary of the "Black Monday" record-setting crash of the U.S. stock market.

Gold and silver prices are firmer in pre-U.S.-session trading, on a bit of safe-haven demand amid the drop in world stock markets today.

In overnight news, China's gross domestic product was reported up 6.8% in the third quarter, year-on-year. That's just a bit down from the 6.9% rate in the second quarter.

3 Reasons for Our Bullish New Stock Market Prediction Before 2018

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The S&P 500 has been on an historic run recently, consistently reaching new all-time highs this year.

But our new stock market prediction shows the index going much higher before the end of 2017.

Here's our bullish - and bold - target for the S&P 500 this year...

Solar Stocks in 2018 Will Tap into 500% Industry Growth

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The energy industry is attractive to investors because it's always in demand, but the best solar stocks in 2018 are on the cusp of once-in-a-lifetime growth…

Solar energy production is expected to grow by up to 700% over the next 20 years.

And that means it's still early to jump into solar energy investments...

Why George Soros Just Donated $18 Billion to His Liberal Open Society Foundation

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George Soros, the billionaire hedge fund manager and a major Democratic donor, has given $18 billion to his Open Society Foundation.

The gift makes OSF the second-biggest philanthropic organization in the United States.

It also puts Soros squarely in the crosshairs of America's current "liberal versus conservative" divide.

Continue Reading...

Litecoin Prices Today Fall 4.5% as Investors Take Recent Gains Off the Table

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Litecoin prices today dropped 4.5% as investors took some of their recent gains off the table.

Litecoin prices have rallied more than 22% since Sept. 25, 2017.

Here's the most important news in the cryptocurrency market for today...

This Is Your Next Step to a Biotech Windfall in 2018

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The biotech landscape is about to change.

Yes, you could invest in a company that might produce a great new treatment.

Or you could invest in the technology that revolutionizes how drugs are designed and distributed...

When Is the Next Bitcoin Hard Fork?

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The Bitcoin hard fork is scheduled for the end of October.

When the hard fork takes place, Bitcoin owners will receive a newly minted cryptocurrency, Bitcoin Gold.

Here are the most important details about the next Bitcoin hard fork...

This Marijuana Penny Stock Investigation Could Jeopardize Investors' Money

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Marijuana penny stock investing can hand you triple-digit returns in a matter of days.

But safe marijuana investing involves being able to avoid companies that may be fraudulent.

Here's one such company that's being investigated by the SEC - as well as two tips for safe marijuana investing...