Archives for January 2018

January 2018 - Page 15 of 20 - Money Morning - Only the News You Can Profit From

This Bitcoin Price Prediction Says $75,000 Reachable in 2018

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After a 1,325% gain last year, a Bitcoin price prediction of $75,000 for 2018 may seem like expecting lightning to strike twice.

But this Bitcoin price forecast comes from John Pfeffer, a London-based private equity investor who spent 11 years as a partner at private equity firm Kohlberg Kravis Roberts.

Pfeffer looked at cryptocurrencies from the standpoint of a veteran investor and concluded that the price of Bitcoin may be poised to go on a run that takes it not just to $75,000, but well beyond.

Here's how he sees this scenario unfolding...

All-Time-High Dow Jones Makes Jeff Bezos the World's Richest Man

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The Dow Jones is having its best start to a year since 2006. The last 15 times the S&P 500 was up more than 2% after the first five trading days of the year, the full year finished higher all 15 times according to a tweet by Ryan Detrick on Jan. 9.

Dow futures are up 45 points this morning as markets cheer on the progress of tension de-escalation talks in the Korean Peninsula.

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

Three Big, Profit-Driving Trends I'm Watching for 2018

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I made my case forcefully in last year's Forecast issue that 2017 would be…

1) a year of extraordinary profits despite overwhelming cynicism associated with one of the most contentious elections in U.S. history;

2) and that there would be far higher prices ahead, especially for three sectors: big technology, defense, and key medical providers.

That turned out to be well-founded advice, and we were spot on yet again…

I urged you to "get on board or get left behind" and suggested you prioritize "Global Challengers" for income and appreciation as a way to maximize profits.

Many of our recommendations took off like a rocket, some of which hit at least 100% and turned into free trades during the past 12 months. The S&P 500, by comparison, turned in only 18.66% over the same time frame.

A good number of our options plays, which I recommend as a more aggressive way to follow along with our recommendations, have done even better.

I see 2018 playing out much the same way: full of tremendous opportunities and life-changing wealth.

I think investors who keep these things in mind stand to make superior returns over the next 12 months and beyond...

10 Top Penny Stocks to Watch This Week for Under $2

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My Size Inc. is among the top penny stocks to watch this week after climbing over 152% last week.

While MYSZ's 152% gain is impressive, we're recommending a different stock to our readers today.

The company we'll show you today has beaten analyst earnings expectations by an average of 542% in the last four quarters, and we expect more earnings growth going forward.

But before we show you our pick, here are the top 10 penny stocks to watch this week...