Archives for March 2018

March 2018 - Page 13 of 20 - Money Morning - Only the News You Can Profit From

Dow Jones Today Jumps as Trump Blocks Hostile Takeover Bid

The Dow Jones today traded sharply higher in premarket hours after the Trump administration announced it would block Broadcom Ltd.'s hostile takeover bid of American based semiconductor company Qualcomm Inc. Markets also rose on news that the Consumer Price Index indicated lower than expected rates of inflation.

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

For the Bulls, the Market's "Just Right" This Week and Beyond

Forget about being too hot or too cold, we've got a serious "Goldilocks" market going right now.

Sure, it would be easy to say that the February jobs number from the U.S. Labor Department is arguing that the economy is too hot and all too tempting for the U.S. Federal Reserve to turn off the heat with interest rate hikes. After all, 313,000 new jobs estimated by the survey is a monster number.

And that number gets even better – the trailing two-month revision for January and December boosted the job count by 54,000.

And then there's the unemployment rate calculation that has the U.S. unemployment rate at 4.1% – a 17-year low.

Considering all of this, the bearish argument would say something like, "Well, the economy is way, way too hot, and that's really bad news; it's going to end poorly for the markets."

But let's let those bears stay in hibernation.

Because as we dig further into these the numbers, we find that there's lots to like...

Top Penny Stocks to Watch This Week (March 12)

Today, we're bringing you the top 10 penny stocks to watch this week based on their combined 272% rise over the last week.

Plus, we'll take a look at one of the best small-cap stocks you can buy to lock in your portfolio's profit potential.

Just look at the numbers posted by Jaguar Health Inc., last week's biggest gainer.

Jaguar climbed from $0.14 to $0.34 in one day – a gain of over 140%.

While Jaguar's gains are exciting, they're not much use to enterprising investors, since they're already in the books.

Take a look at last week's top penny stocks, and then we'll show you the stock that Money Morning's Small-Cap Specialist Sid Riggs is recommending for huge profits...