Archives for May 2018

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

Don't Pay a Wall Street Hack for Your Research; These Tools Can Get the Job Done for Free

When it comes to our investing toolkit, all we really need at our disposal are the hammer and the nail.

In other words, you don't need fancy bells and whistles to find undervalued companies ripe for market-crushing profits.

You don't need a broker who's probably ripping you off, and you especially don't need a Bloomberg terminal that costs $24,000 a year and takes up half your office.

All you need are the basics, most of which are free, publicly available, and right at your fingertips.

That's right: Independent research does it every time.

I've mentioned here before that publicly available 13F filings are one of the best tools retail investors can use to find unreasonably lucrative investment opportunities and gain and hold a profitable, sustainable edge.

I like to dig through these documents filed by money management firms every quarter to see exactly what the Wall Street bigwigs are buying and selling, as well as measure how well they're performing compared to the previous quarter.

By doing that, you get an exact picture of what the best and, let's be honest, worst investors are doing with their clients' funds.

And over my more than 27 years in the markets, I've dug through enough financial filings with my shovel and hard hat in tow to understand the most important lesson in investing...

Bitcoin Prices Today Plunge 8% on Fears of Increased Cryptocurrency Regulation

Bitcoin prices today plunged to $7,500 per coin on Wednesday afternoon. The world's largest cryptocurrency fell to its lowest levels in five weeks as fear of increased regulation ticked into trader sentiment.

Bitcoin prices have declined by more than 20% since hitting a near-term high on May 6. Nearly every single cryptocurrency in the top 100 by market capitalization was in the red Wednesday.

Of course, the recent downturn hasn’t stopped Bitcoin’s most vocal bulls from setting lofty targets for the year ahead...

The 3 Best Biotech Stocks to Buy Today

Since hitting a high in late January, the iShares Nasdaq Biotechnology ETF has slumped more than 11%. But that doesn't mean investors should stop looking for the best biotech stocks to buy today.

You see, the slump in biotech stocks has little to do with their true worth.

In fact, some of the best biotech stocks are currently trading well below their fundamental value, according to their earnings and assets.

Here are the three best biotech stocks to buy now, while they're still on sale...

Forget the Economy... and You Can Survive What's About to Clobber the Markets

I always see investors poring over economic data, fretting over it, like trying to read tea leaves.

Sometimes, they even shell out big bucks to get all that data analyzed by some pointy-headed Wall Street high priest or academic. And some other times, they write to tell me to worry about the economy, too.

These folks, like so many other investors, are misunderstanding how the markets work, as well as the way economic and monetary policy works on those markets.

Essentially, these investors are playing baseball. But instead of watching the ball fly out of the pitcher's hand, they're watching the fielders… and striking out.

Mighty hard to score hits that way...