Archives for July 2018

July 2018 - Page 13 of 18 - Money Morning - Only the News You Can Profit From

Dow Jones Today Falls Over 180 Points as White House Proposes Additional Tariffs

The Dow Jones today fell over 180 points in Wednesday's premarket trading as trade tension between the United States and China escalated once again.

This morning, President Donald Trump's administration has threatened new tariffs on roughly $200 billion in Chinese goods.

This announcement comes on the heels of the last Friday's imposition of $50 billion worth of tariffs on Chinese goods.

Don't Look Now, but CEOs Are Getting Out of the Market

There have been some media rumblings – trial balloons, if you will – sent up, all hinting that the Federal Reserve might stop or slow the pace of the "normalization" that's going to see $50 billion a month come out of the system before it's done.

That's going to lead to a market cataclysm – sooner, not later – because there simply won't be enough precious liquidity in the markets to sustain the kinds of stock prices we've seen in the era of quantitative easing.

Even if the Fed did slow or even halt the pace of systemic withdrawals of cash from the markets, it's just too late.

We've talked about this snowballing disaster of a monetary policy many times before; I've been screaming from the mountaintops, showing you recommendations for getting into a protective, cash-heavy stance.

And now, it seems, a certain crowd of big market players is getting wise. They've just capped a very busy quarter – a record quarter, in fact – of stock buybacks.

It might not seem like it at first glance, but these buybacks and the sentiment driving them are not only cynical, but also incredibly bearish indicators of things to come...

The 3 Top Penny Stocks to Watch This Week - One Could Gain Over 1,000%

The best penny stocks can lock in substantial gains for your portfolio with very little initial investment. That's why we're bringing you the top penny stocks to watch this week.

In order to protect your portfolio, it's important to identify penny stocks that have strong financials and a good chance for growth. To identify penny stocks like this, we use the Money Morning Stock VQScore™ system to find the best stocks under $5 – the SEC's official definition of a penny stock.

The VQScore system identifies undervalued stocks with the highest profit potential by looking at a company's earnings potential, growth rate, earnings-per-share acceleration, and market volume.