Archives for September 2018

September 2018 - Page 8 of 16 - Money Morning - Only the News You Can Profit From

Why 398% Profits Are Just the Start for This "World-Beating" Pot Stock

There are many recipes for a soaring stock price.

Here's one I like a lot…

1. A company that taps into previously prohibited yet well-established markets

2. Excellent leadership skills

3. A killer execution strategy

And that's precisely what we've been seeing with a firm I mentioned most recently back in mid-July.

At that time, I told you how this company became the world's first seed-to-sale cannabis outfit ever to make its initial public offering on a major U.S. stock exchange.

During its IPO, the company raised about $164 million, which it's plowing directly into building out its cannabis cultivation and processing capacity, among other projects.

And it just secured an important new "gig" that sent its shares soaring as high as 32% yesterday… Full Story

And it just secured an important new "gig" that sent its shares soaring as high as 32% yesterday...

The Price of Silver Could Jump 40% in the Next 7 Months

Yet another lackluster week for the price of silver has left the metal trading in a range near $14.15 per ounce. Volatility is low, and that has kept sentiment in the toilet. It's little wonder.

Whether up or down, traders have few opportunities to make money trading an asset that moves so little. But volatility won't stay low forever. This past year silver volatility was nowhere to be found until June, when silver prices sold off and the action was nearly all downward.

Now silver is at levels close to its late 2015 lows. With the metal so badly oversold, I'd expect the bias to be mainly to the upside once volatility returns. And it will...

What "Other People's Money" Can Tell Us About Ours

No matter how bullish they may be, every investor must come to terms with the fact that this bull market, the longest in postwar history, is well over nine and a half years old now.

For that reason alone, it's important that we continue to look objectively at potential signals out there that might indicate the market becoming overextended to the upside.

Now, if you've been with us a while, it won't surprise you at all to learn that I look at thousands of charts each week. So, when a graphic hits my screen that I think is particularly useful, I like to pass it on.

I've found some charts that give us a top-down, "30,000-foot" view of the margin debt in play on the U.S. stock markets.

Margin debt is just money that is borrowed to buy stocks; most retail accounts can borrow 100% of their account balance to buy additional stock – at fairly low interest rates, too.

So why are we peeking at other people's money?

Well, analysts use margin debt as one measure of market participants' risk appetite. That "zest" for risk – or aversion to it, as the case may be – is a pretty good indicator of how much buying or selling you can reasonably expect in the short term.

Because it's important, margin levels are a never-ending grist for the article mill. In fact, you may have read some articles worrying about the fact that margin debt is at all-time absolute highs.

They're right about one thing: Margin is at all-time absolute highs, so let's dive in and look at what the charts have to show us...

10 Top Penny Stocks to Watch This Week - and One to Buy

Healthcare stocks dominated last week's 10 top penny stocks, with the top penny stock locking in a 60% gain.

Last Thursday (Sept. 13), shares of My Size Inc. jumped from $0.91 to $1.44 – a gain of 59%.

While My Size noted that there was not significant development to account for the company's sudden stock jump, investors leaned into the rally, closing the company's stock out on Friday with a 60% gain.