Archives for February 2018

February 2018 - Page 2 of 20 - Money Morning - Only the News You Can Profit From

3 Top Penny Stocks to Buy for March 2018

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Today, we’re showing Money Morning the three top penny stocks to buy for March 2018.

Every one of these stocks has incredible profit potential, and one of them could deliver 400%-plus returns in 2018…

Penny stocks are attractive to new investors thanks to their affordable share prices below $5.

And at these prices, even a small increase in trading volume can cause a stock’s price to climb.

To find you the best penny stock opportunities out there, we have to run a rigorous screen of all stocks trading under $5…

Silver Prices This Week Will Rally Thanks to This Indicator

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Silver prices hit a stumbling block last week, as both the U.S. Dollar Index (DXY) and 10-year Treasury yield rose and created significant resistance. It's traditional Wall Street wisdom that higher bond yields and a strong dollar prevent silver prices from rising. However, it looks like this time may be the exception to the rule. In fact, I've identified an indicator that suggests silver is positioned for a significant rally in the near term.

Here's a look at silver's performance over the last week and the movers behind its imminent rally...

Dow Jones Today Climbs on Bullish Comments from Fed Chair Jerome Powell

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The Dow Jones today is climbing as Federal Reserve Chair Jerome Powell downplayed worries about market volatility and indicated the Fed would maintain gradual interest rate increases.

Dow futures are down 53 points after a choppy morning of trading ahead of the 8:30 AM release of testimony to Congress.

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

How Shorting the VIX Blew Up the Market, and Why It Could Again

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If you didn't know what the Chicago Board of Options Exchange Volatility Index (VIX) is, you almost certainly do now after the correction.

Plenty of regular investors don't realize how the VIX works, though – what makes it move up, down, and sideways.

You can't trade the VIX directly – it's a mathematical calculation, after all. But a whole buffet of easy-to-trade, not-so-easy-to-understand exchange-traded products (ETPs) makes it possible for anyone – mom-and-pop retail investors, institutional traders, risk parity funds, and newly minted hedge funds – to bet on the VIX moving up, down, and sideways.

These folks saw the VIX doing a whole lot of nothing for more than a year and bet accordingly, to the tune of tens of billions of dollars.

And for a time… it was good (notice I didn't say "smart").

But earlier this month, when human and silicon investors and traders got spooked, the VIX spiked – spiked like never before, in fact – jamming an ugly, red-hot poker into that great big, happy, feel-good short volatility bubble.

All the investors and traders out there who spent a year or more picking up pennies in front of a double-decker bus got killed when their favorite ETPs blew up.

What happened after that… well, we're still dealing with it and could be for some time. The market's trying for a run higher from here. It's already pared about half its losses from the depths of the correction, but the road isn't as smooth as it was just four weeks ago.

Amazingly, the trade that started this whole mess is still out there. Sure, a few high-profile short volatility vehicles imploded, but it's still very possible for this to happen all over again.

Here's how...