Bank stocks have taken a beating this year. Over the last six months, the Financial Sector SPDR Fund fell nearly 10% as volatility and global trade fears sapped investor confidence.
You see, many investors expected rising interest rates and the 2017 tax reform law to drive the financial sector to consistent highs for 2018. However, unfavorable trends in global trade and increased volatility have kept bank stocks from realizing their real profit potential.
However, that's all about to change.
The Oklahoma marijuana legalization vote on June 26 seemed to surprise everyone. One of the reddest states in the nation voted "yes" on medical cannabis.
Oklahoma is now the 30th U.S. state to legalize marijuana, and it's a sign the legalization trend isn't slowing down anytime soon.
And we've got three marijuana stocks to buy now and profit from this trend...
Investors are starting to turn to cybersecurity stocks for potential long-term gains.
More governments and businesses will need to improve their security ahead of the 2018 elections.
Here's everything you need to know...
Not so long ago, solar energy was more promise than reality.
Solar panels were expensive, and the savings over existing fuels did not create much of a compelling case.
It took years to recoup the startup costs, and sometimes the benefit never even materialized.
The Dow Jones today fell 122 points in premarket trading after President Trump announced plans to impose tariffs on all $505 billion in goods sent from China.
The statement comes a day after Trump's negative comments about the Federal Reserve.
Trump broke precedent by criticizing the central bank over its recent rate hikes.
by Tim Melvin
I'm always hearing stories of folks who hit it big overnight in the stock market.
They sound great, but the problem is most of them are… just stories. I've been in the markets for decades now. I spent more than 20 years as a broker, and I'm fortunate enough to have friends and associates that are among the very best traders and investors on the planet.
I've seen firsthand what happens to the people who swing for the fences every at-bat. Sure, they might hit occasionally, but when they do, it's not skill – or superior knowledge.
Most of the time… It's just luck. Even worse, most of the time that stroke of good luck is just a harbinger of really bad, bad things just around the corner.
Take this former client of mine who made a small but enviable fortune during the dot-com boom...
by Stephen Mack
Sometimes the best stocks to buy and hold forever aren't flashy, but they provide essential services we can't live without.
We've got one that lets you turn everybody's trash into your treasure.
Buy it now, and enjoy fast growth and rock solid stability for years to come.
by David Zeiler
The longer the Trump trade war goes on, the more likely it is to have an impact on stocks.But some companies will fare better than others.
To help investors navigate these troubled waters, we've put together a list of the 10 best stocks to buy not just to survive the trade wars, but to come out ahead.
That's because these stocks rank among those with the highest Money Morning VQScore.
While everyone else is panicking, you'll be investing for growth...
BTC prices are down nearly 50% in 2018, but billionaire Marc Lasry believes things are looking up.
In fact, he believes Bitcoin prices could climb over 5,000%.
Here's everything you need to know about this bold BTC price prediction...
Bitcoin prices have dropped nearly 50% in 2018, but it looks like we're heading towards a bull market.
In fact, now is actually the best time to own BTC.
That's because it could climb to $100,000 per coin...
