The Dow Jones today moved higher in premarket trading as markets continued to react to news that the White House may be rolling back retaliatory trade measures against China in an effort to smooth trade negotiations.
Archives for May 2018
May 2018 - Money Morning - Only the News You Can Profit From
The 10 Top Penny Stocks to Watch This Week; Gains Over 98%
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Our list of the 10 top penny stocks to watch this week included a 288% gainer, which shows you the power of owning penny stocks.
Penny stocks are great for investors who want strong returns without a large initial investment.
That's why we're /pinging you the top penny stocks to watch this week.
Just take Seadrill Ltd., last week's biggest gainer.
On May 17, this oil company gained 44% in just two hours on news that the company had successfully initiated restructuring efforts.
Seadrill continued its rally to close the week with a 98% gain from Monday’s opening price.
The U.S.-China Trade Dispute Calmed This Morning, but Uncle Sam Doesn't Want You to Know Why
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The U.S.-China trade dispute is "on hold," announced U.S. Treasury Secretary Steven Mnuchin yesterday (May 20).
This morning, markets surged in response to this news – though no one knew exactly why the ongoing tariff war was postponed indefinitely.
But we know what brought about this outcome; in fact, U.S. President Donald Trump practically verified our suspicions earlier today.
The Price of Gold Is Falling, but These Technical Indicators Point to an Upcoming Rally
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Last week was a rough one for the price of gold, and you don't have to look far to figure out why.
The U.S. 10-year Treasury bond rose back above 3% to reach 3.05% on Tuesday (May 15), the highest it's been since 2014. It went even higher over the next couple of days, spending the rest of the week above 3%.
Dow Jones Today Surges Over 200 Points as White House Eases Chinese Trade Threat
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The Dow Jones today projected a 223-point gain during premarket trading on news China and the United States are making progress on their trade relationship.
Here's the One Brick-and-Mortar Retail Stock That Can Keep Amazon at Bay
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It's no secret that brick-and-mortar retailers have been sinking under the weight of the "Amazon Effect."
But we've got one specialty retail stock that is thriving – and is severely undervalued, too.
Find why now, before its busy season, is the perfect time to buy.
Here's the Big Problem with Wall Street's Darling Buy-Write Funds
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"Psst. Hey, I got something for you – the perfect investment.
"It's gonna give you 5% to 7% in income, plus appreciation. It does better than the stocks in down markets, and there's loads of upside potential when stocks are riding high.
"There's options trading, too, but get this: You don't have to worry about 'em – the fund manager's gonna take care of that.
"You in? Just sign here…"
That sounds pretty compelling, right? Income, appreciation, outperformance, and no trades to execute.
There's just one flaw: It's complete crap – and expensive, too.
So, naturally, it's selling like hotcakes, with investors falling for it hook, line, and sinker all over the place.
Welcome to the World's Richest "Frontier Market"
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Our Tim Melvin is all about those unreasonably good returns, and he's got his sights set on Africa's frontier market.
Inspector General Audits Reveal Americans Could Be Owed $23,441 from Social Security
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U.S. Inspector General audits found the Social Security Administration has underpaid tens of thousands of recipients.
And you might be one…
BTC Prices Fall Under $8,000 as Consensus 2018 Conference Ends
The price of Bitcoin fell to its lowest level in one month after a brutal sell-off rattled cryptocurrency investors across the entire market.
The price of Bitcoin continued to slump after the conclusion of the Consensus 2018 conference – the fourth annual blockchain technology summit. Over the last week, the broader cryptocurrency index has shed $45 billion.
Here is a recap of the top five cryptocurrencies by market cap as of 9:00 a.m. EDT...
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