Archives for June 2018

June 2018 - Page 16 of 18 - Money Morning - Only the News You Can Profit From

Our Favorite Defense Stock to Buy Has Transitioned into a Tech Juggernaut

If you've been following our recommendations over the years, you should beam over The Boeing Co. (NYSE: BA) stock. Since the election in November 2016, shares of this defense stock are up 158%, absolutely crushing the market.

Here's an eye-opener for you – Amazon.com Inc. (Nasdaq: AMZN) is up "only" 126% over that same span. Over the past five years, Boeing stock is up a whopping 248%.

And now, this company is making major strides in the tech field too...

Why Billionaire Frank Giustra Loves This $1 Bitcoin Stock

Billionaire Frank Giustra, one of the world's most successful investors, has thrown his weight behind an unassuming Bitcoin stock focused on cryptocurrency mining called Hive Technologies.

Giustra is best known for his efforts to help build up Goldcorp Inc. and as the founder of Lions Gate Entertainment. And he's not alone. Frank Holmes, chief investment officer at U.S. Global Investors, is also invested in Hive and serves as chairman of the company.

Here's why Hive has attracted these heavy hitters...

Your Gut Feeling Is Right: You Are Worse Off Now Than During the Recession

Ok – so you know by now I'm not much for paying attention to economic data, at least when it comes to its impact on stocks. Sure, they correlate over extended periods of time, but that's much too long to be meaningful to investors in the here and now.

So that data's useless for handicapping the stock market, but it's the economy, after all; we're all economic observers and actors, we have businesses or jobs that depend on the broader performance of the economy, even if we don't own a single stock.

And data's always good for clueing us in when Wall Street tries to snow us. 

Finally, the data can tell us whether we should be worried about "The Big Picture," as in, "Will our grandchildren be able to do as well as we did here in the United States, or should we tell them to think about seeking their fortunes elsewhere?"

Today, it's retail sales data that tells the tale – and gives the lie to the bright, rosy picture we're being given of 2018's "Trump economy."

Turns out, if you've ever had the feeling economic growth and prosperity is passing you by, you're on to something - something big...