Archives for October 2018

October 2018 - Money Morning - Only the News You Can Profit From

The 3 Best Penny Stocks to Watch This Week

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The right penny stock in your portfolio can offer you triple-digit gains with little up-front investment.

This is why we are giving you a list of the best penny stocks to watch this week.

Identifying "must have" penny stocks can be difficult, but we have a system that allows us to find the best penny stocks – the Money Morning Stock VQScore™ system.

It identifies companies that have the greatest likelihood of delivering strong returns for investors.

After finding these stocks, we screen for shares that trade for less than $5, the SEC's highest market price for penny stocks.

These Are the Next "FANG" Stocks to Buy

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October was a rough month for investors. The giant technology stocks that led the way higher all last year took it on the chin and dragged the rest of the market down with them.

So, then what? Where can we take advantage of the global sell-off to buy quality companies at bargain prices?

While we love the traditional FANG stocks, this group of the next FANG stocks is a great place to invest now...

Dow Jones Industrial Average Jumps Over 200 Points After Strong Earnings Reports from General Motors, Facebook

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The Dow Jones Industrial Average continued to ward off October's losses this morning as strong earnings results from General Motors (NYSE: GM) and Facebook (Nasdaq: FB) buoyed markets.

The Dow projected a 229-point gain on Wednesday, a morning after it surged more than 400 points.

Despite the gains, the S&P 500 is still down 7.9% in October, while the Dow is off 6%.

Canada's "Green Wednesday" Was a Smash for Fans and Investors... That Means These Countries Could Legalize Weed Next

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As we've heard, cannabis in Canada went fully legal nationwide on Oct. 17.

But the story – and the profits – are just getting started.

After all, there's potentially $22.6 billion a year up for grabs.

Let me take you "north of the border" to show you what the big day was really like for politicians, police, cannabis connoisseurs, and investors.

Then we're going to look across the ocean, and then out to the weeks and months ahead to see the next massive, untapped markets that could go legal soon...

3 Ways to Protect Your Portfolio (and Profit) from Interest Rate Hikes

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Last month, the U.S. Federal Reserve announced it would raise interest rates for a third time this year and intended to initiate a fourth raise in the near future.

The Fed's aggressive interest rate tactics rattled concerned investors who believed that regular interest rate hikes could put a sizable dent in their portfolios.

After all, it's been a long time since investors have had to worry about higher interest rates. Between 2009 and 2015, the Federal Reserve held interest rates under 0.5% in an effort to lower borrowing costs and spur economic growth.

Facebook Could Be a Boon for These Cybersecurity Stocks

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It's been a rough year for Facebook Inc. (NASDAQ: FB).

Trust in the social media giant has plunged in the wake of two major scandals surrounding cybersecurity and sensitive consumer information.

A recent hack exposed data of nearly 30 million people, while the firm faced considerable criticism in the wake of the Cambridge Analytica scandal from the 2016 election.

Since January, Facebook stock has fallen over 18%.

However, it looks like the tech giant is looking to turn over a new leaf.