Archives for October 2018

October 2018 - Page 17 of 19 - Money Morning - Only the News You Can Profit From

This Cannabis Stock Soared 600%, and That's Just the Start

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One cannabis stock skyrocketed 600% over the last year, and that's just the start of how high the stock price can climb.

This company is a first mover in the medical marijuana field, and it needs to be on your pot stock watch list.

We'll tell you about this pot stock in just a minute, but first, let's talk about why well-chosen cannabis stocks are so exciting right now...

[CHART] Bank Stocks Are Loving the Fed's Rate Hikes - Here's the One to Own

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You already know the Fed is hiking interest rates. After all, the cost of a new mortgage, car loan, home improvement loan, and even credit card debt is rising.

But you don't have to be a bystander as bank profits soar.

By owning the right bank stocks, you can cash in right alongside them...

Dow Jones Industrial Average Pulls Back from Record Highs as Rising Interest Rates Rattle Investors

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The Dow Jones Industrial Average fell over 80 points this morning as rising interest rates upset investor sentiment.

Interest rates are pushing higher around the globe, increasing borrowing costs in a world already swimming in debt.

General Electric's New CEO Is a Canary in a Coal Mine for GE Stock

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On Monday (Oct. 1), General Electric Co. (NYSE: GE) announced that company CEO John Flannery would be stepping down, ending his brief, yearlong tenure at the helm of one of America's most recognizable brands.

Excitement over Flannery's replacement, former Danaher Corp. (NYSE: DHR) CEO Larry Culp, pushed GE's ailing stock up as much as 15%, indicating that investors have confidence in Culp's ability to stem the company's historic decline...

My Favorite Way to Speculate on High-Flying Pot Stocks

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There are plenty of tempting, speculative plays in the market right now with everything that's going on, but today our Quantitative Speculative is targeting the "big boys" of pot stocks with his speculative play.

Find out what happens when "Best in Breed" meets the best in weed...

This Tech Stock to Buy Is Soaring as Unemployment Hits Record Lows

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Right now, hidden in the otherwise strong employment numbers, is a boom in self-employment, freelance workers, and independent contractors.

In other words, people are hanging their own personal shingles and working for themselves.

And that's created an incredible profit opportunity for the tech stock we're about to show you today.

Marijuana Stocks Just Got a Major Boost from This Blue-Chip Firm

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A blue-chip firm is considering entering the cannabis market, and this is excellent news for marijuana stocks.

It brings legitimacy to the industry and shows that cannabis use is more than just subculture or a fad.

Here is everything you need to know...

Coinbase Is Eyeing an $8 Billion Valuation

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Coinbase was valued at $1.5 billion last summer, and just a year later, the crypto exchange could be worth 433% more.

Coinbase wants to raise up to $500 million in a new funding round with an $8 billion valuation.

And they're probably going to get it...

Dow Jones Industrial Average Soars Over 100 Points as Index Sets New All-Time High

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The Dow Jones Industrial Average continued its historic run in premarket trading as it added an additional 103 points to yesterday's record high.

This morning's gain came after Moody's Analytics announced the U.S. economy added 230,000 jobs last month.

Why These Two Pot Companies Keep Exchanging the "No. 1" Title

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What an incredible time to own legal cannabis shares – particularly these shares.

Tilray and Aurora Cannabis have been the marijuana sector's "super stocks" of this summer. They've thrown off unthinkably large gains over the past few weeks and months.

Most recently, Tilray was riding high – up more than 30% – on news that it had secured U.S. Drug Enforcement Agency (DEA) approval to import research cannabis to the University of California San Diego's Center for Medicinal Cannabis Research.

And as you may have seen the other day, it's Aurora's turn for the spotlight...