Archives for April 2018

April 2018 - Page 5 of 19 - Money Morning - Only the News You Can Profit From

This Bitcoin Analysis Predicts a Price of $11,000 by June 30

A Bitcoin analysis by Money Morning shows a spike in the price to $11,000 by mid-year.

It also shows that the slump that plagued Bitcoin and other cryptocurrencies in the first quarter is well behind us.

The Bitcoin price has followed a pattern over the past four years of consistently poor performance in Q1, but much better returns after that.

Here's exactly what Bitcoin investors can expect for the rest of 2018...

Dow Jones Today Jumps 160 Points as Caterpillar and United Technologies Beat Earnings

This morning, Caterpillar Inc. and United Technologies Corp. pushed the Dow Jones today up 160 points after reporting stronger than expected earnings.

Both reports issued a strong vote of confidence for the global economy, significantly increasing annual production and profit forecasts.

Investors are likely to break the Dow's four-day losing streak today in anticipation of additional earnings reports.

My Favorite "Digital Gold" Play Costs Less Than $5

When Bitcoin was rising by $1,000 a day back in December, you didn't have to look far to find pundits speculating on whether the crypto might "replace gold" as a "safe-haven investment."

Of course, that was before the digital currency peaked above $20,000 and then dramatically plunged to under $7,000. That put paid to the "safe haven" talk.

By comparison, gold, that 5,000-year-old "un-crypto," has risen a modest 7% over the past year.

What's more, 2016 and 2017 marked the first consecutive years of gold gains since 2011 to 2012. We've talked extensively about all the ways there are to cash in on the resurgent gold bull.

But today, I want to tell you about a high-tech game changer I'm watching – one that promises to bring gold into the digital age.

Why is this "disruptor" important?

Well, it'll eliminate most of the old "hassles" – security, portability, storage – that have kept gold's potential "vaulted" and bottled up for centuries. 

This promises to make gold incredibly easy to use as cash, with no more difficulty than we encounter using banknotes or plastic today – easier and as secure as Bitcoin, in fact, with none of the volatility.

Now, this exposes physical gold to extreme upside potential - that's a given. But what's more, this disruptor will act like rocket fuel for the small company I'm going to show you...

10 Best Penny Stocks to Watch This Week (April 23)

Penny stocks are a great opportunity for investors who want great returns without putting down a large investment.

Today, we're looking at the 10 best penny stocks to watch this week and the one stock you should keep an eye on for future gains.

This week's top-performing penny stock was vTv Therapeutics Inc. After dropping 65% on news that a clinical trial of the company's Alzheimer's medication failed, vTv's stock soared over 174%, closing last week at $2.08.

The reasons for vTv's sudden resurgence are not clear.

However, it's possible that investors swooped in following the stock's steep decline in an effort to buy shares at a "discount," driving the price dramatically higher...