Archives for May 2018

May 2018 - Page 2 of 19 - Money Morning - Only the News You Can Profit From

This Is the Best Oil Stock to Buy for Q2 2018

As oil markets continue to recover from the 2014 oil supply glut, we've identified the best oil stock to buy in order to profit from rising oil prices.

Since hitting a low in February 2016, West Texas Intermediate crude oil (WTI) has risen 133%, recently closing above $70 for the first time since 2014.

Oil's recent spike is the result of several geopolitical developments, including the United States' exit from the Iran nuclear deal and OPEC's announcement that it would attempt to rein in member output...

Ugly Stocks Like This One Are Some of the Best Investments You Can Make

I have a confession to make…

I love buying ugly stocks. And I can guarantee you that it has led me to achieve extraordinary returns over my 30 years in the markets, and I think it could do the same for you as well.

That's why I'm going to show you one of the "best-looking ugly" investments to pounce on immediately...

The Bears Are About to Get Slaughtered in These Stocks

One of our Chris Johnson's "10 Commandments of Trading" is that short sellers are usually a bull's best friend, and that's bad news for the bears, because they're about to have a rough ride. But we're set to make a killing…

One of our Chris Johnson's "10 Commandments of Trading" is that short sellers are usually a bull's best friend, and that's bad news for the bears, because they're about to have a rough ride. But we're set to make a killing...

Dow Jones Today Stages Recovery as Italian Political Fears Continue to Shake Markets

The Dow Jones today rose 110 points as investors took stock after yesterday's broad selloff.

On Tuesday, the Dow dropped 391 points after the Italian parliament failed to form a coalition government over the weekend.

Italy, Europe's third largest economy and eighth largest globally, has faced increasingly volatile economic conditions in recent years as the nation's embrace of the single European market and common currency has cooled.

What We Saw at the Biggest Weed Expo in This Hemisphere

My team just got back to the States from the land of unlimited pot stock potential: Canada.

Organizers estimated some 15,000 growers, researchers, retailers, policymakers, industry insiders, and enthusiasts attended a "double-header" – a business conference and cannabis expo that proved to be the biggest single-day weed-centric event in Canada's history and the largest in North America today.

Eric Costen, director general of Canada's Cannabis Legalization and Regulation Secretariat, opened the proceedings with a bang when he said, "The eyes of the world are watching Canada," and reaffirmed Parliament's commitment to a June 7 legalization vote.

The bill, which has the enthusiastic backing of Canadian Prime Minister Justin Trudeau, is widely expected to pass with flying colors.

Once the Queen's representative, Gov. Gen. Julie Payette, grants royal assent, it'll be official: Canada will have a fully legalized, regulated recreational marijuana market.

You see, I fully expect Canada's weed market to grow 20 times larger over the next decade. It's hard to overstate the potential for investment riches.

I've got good company: Statista estimates the Canadian cannabis retail sector – a relatively small chunk of the broader market – could top $2.8 billion by 2020.

In the "big picture," Deloitte expects the growers, value-added product markets, laboratories, security, tourism, exports, and all the other related segments could surge to $22.6 billion before much longer.

That's why we're watching this event so closely. It would've been unthinkable to miss out...

May's Top Penny Stock Gained 439%; Here's the Stock You Need to Buy in June

With the top six top penny stocks gaining over 100% in May, we've assembled the 10 top penny stocks to watch for June. We've also found the one affordable stock you need in your portfolio right now.

The top-performing penny stock in May was Blink Charging Co. (Nasdaq: BLNK), a company that develops electric vehicle charging ports.

Thanks to several partnership the company made in May, Blink stock surged an astonishing 439%.

On May 11, Blink stock gained over 100% after the company announced a partnership with the city of Miami, Fla., to install its ports in the city’s garages...