Archives for October 2018

October 2018 - Page 11 of 19 - Money Morning - Only the News You Can Profit From

Make This Move by 4 p.m. Today ("Green Wednesday" Tomorrow)

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Less than a day remains until Oct. 17.

The sun's going to rise on a different world tomorrow, one in which medical and – importantly – recreational marijuana will be freely available for purchase and use by consenting Canadian adults from the Yukon to Newfoundland.

Investors have even more to look forward to.

The latest analyst estimates (they're consistently being revised upward) could hardly be more bullish.

Research firm Deloitte expects – once you consider the growers, the value-added product makers, the testing labs, security, tourism, exports, and all the rest – the Canadian legal cannabis market soon could reach an eye-watering $22.6 billion.

And even at this late hour, there are still some must-own stocks that American investors can buy – easily, I'd add – to leverage this historic moneymaking opportunity.

Make sure you grab shares of these today...

Five Marijuana Penny Stocks You Need to Watch Right Now - One Could Gain 360%

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According to Bloomberg, marijuana stocks have outperformed gold, Bitcoin, and the broader market as a whole during 2018.

As marijuana stock evaluations continue to soar, we're using marijuana penny stocks to get you on the ground floor of the cannabis revolution.

You see, marijuana penny stocks allow us to chase triple-digit returns often generated by marijuana stocks with very little up-front investment.

Dow Jones Industrial Average Begins Week in the Red as Brexit Worries Reemerge

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The Dow Jones Industrial Average fell 13 points in premarket trading this morning as investors monitored the impact of rising interest rates and ongoing geopolitical concerns around the globe.

Emerging concerns about the United Kingdom's departure from the European Union and international outcry over relations with Saudi Arabia overshadowed anticipation for a busy week of earnings reports.

Here's What It's Going to Take to Push Stocks Higher (or Lower)

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I love to be right as much as the next guy… but sometimes it's no fun.

Since the end of August – weeks now – I've been pounding the volatility drum as October got closer and closer.

That was the topic on the table this week, when I sat in with Suzanne Sena for a Fast Profits video trade.

We focused our discussion on the seasonal volatility that's as closely associated with this time of year as yellow leaves and jack-o'-lanterns. (If you haven't seen this Fast Profits, you can click here to watch it at any time… and e-mail to thank me when your stake doubles.)

Anyway, the CBOE Volatility Index (VIX) was sitting just below 16 while Suzanne was interviewing me.

During that chat, I pointed out that a break above 16 would swing the market into selling mode and subsequently shoot the VIX toward readings around 20, where we would likely see a break in the selling.

And that's more or less exactly what we saw, as markets try, with mixed results, to pare their losses as I write this.

We're moving into a period where keeping an eye on the rearview mirror will give us vital intel for going forward...