Archives for April 2018

April 2018 - Money Morning - Only the News You Can Profit From

Gold Prices Have a New Bullish Catalyst

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Gold prices had two distinct drivers over the past week, but this latest trend could propel the price of gold even higher in 2018…

One driver behind gold prices could actually push prices even higher over the long term.

I'll show you exactly how high I predict gold will rise right after we recap last week's gold price performance...

Forget McDonald's Earnings Beat, These 2 Growth Stocks Are Better

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McDonald's earnings beat made headlines today, but it's not our favorite company to buy right now.

Our two favorite companies with the greatest growth potential are actually widely considered "overpriced."

But thanks to this groundbreaking tech, we know that their current prices are nowhere near their true value...

This Is the Most Overlooked Stock to Buy Now (and It's Posting Record Profits)

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The broad market indexes are down in 2018 – the Dow has sunk 3% on the year – but make no mistake, this is a stock-picker's market.

You see, despite the market's jitters, this is one of the strongest economies we've seen in years. And we're keying in on one surprising industry raking in cash from this strong economy.

And we've found am overlooked stock primed to pop...

Why the Bitcoin Lightning Network Will Unlock Monster Gains

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The Lightning Network is the "killer app" that will push Bitcoin to widespread adoption and drive the price into the stratosphere.

Lightning solves two of Bitcoin's biggest issues – scaling and speed. With the Lightning Network, Bitcoin will be able to process thousands of transactions per second – as many or more than the Visa network. And confirmations will be instant.

These features will open the door to many new uses for Bitcoin, creating massive demand.

The impact of this technology can't be overstated...

Strong McDonald's Earnings Report Drives Dow Jones Today Up 120 Points

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The Dow Jones today projected a 122-point gain in pre-market trading after the McDonald's Corporation reported very strong quarterly earnings.

This morning, the firm reported EPS of $1.79 per share, a figure that topped analyst estimates by 12 cents.

Revenue did decline by 9% year-over-year, but the $5.14 billion reported still bested Wall Street expectations of $4.98 billion.

McDonald's leads a busy day of earnings reports as markets continue to cheer the best quarterly performance for the S&P 500 in seven years.

The World's Biggest Money Manager Just Blew the Lid Off Wall Street's Snake Oil Scam

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Earlier this month, BlackRock Inc. reported fantastic earnings for the first quarter of 2018, surpassing Wall Street's expectations on nearly every metric.

Now, BlackRock is the largest money manager on the face of the earth, so any sane individual interested in keeping up with the markets – and therefore making money in them – needs to pay close attention to BlackRock's performance.

The company reported net inflows of $55 billion into its money management products. It also hiked the dividend by 15% and bought back $335 million in stocks, both of which contributed to the solid 6% gain shareholders saw from January to March.

Now, BlackRock is far too large for me even to consider owning. I only target unreasonably undervalued companies, and any company known as the world's largest "anything," let alone money manager, will always be far from undervalued. 

But when BlackRock is speaking, it's a good idea to listen. The recent earnings show the company now has over $6 trillion in assets, meaning the suit-wearing foot soldiers are pretty damn good at selling their products.

And this most recent earnings report speaks volumes about how these products are falsely marketed to you…

They're marketed as investments that don't provide underwhelming returns when, in reality, that's exactly what they provide...