Archives for October 2018

October 2018 - Page 3 of 19 - Money Morning - Only the News You Can Profit From

The Autumn Correction Is in Full Swing - Here's How to Profit

It only feels as though the media have said everything there is to say about the market over the last three weeks of this downturn.

The talking heads are still missing something – something they're just not keen enough to grasp about all of this. But, to be fair, the big news is hard to ignore.

After all, the late week phase of the pullback took all the major indexes back to, or just below, their break-even levels as far as year-to-date returns are concerned.

That's something that should scare the hell out of investors. However, I'm still seeing signs that there is a little too much bullish enthusiasm for stocks to call that "the bottom."

Even accounting for Thursday's bounce, sell-offs have shaved just about 10% from the S&P 500's October high. In doing this, the benchmark index crashed right through the plate glass window of its 50- and 200-day moving averages. It's still sitting below those lines as of Friday midday.

So it's "official" in my book, for what it's worth: The market is embroiled in an intermediate-term bearish pattern.

Now let me show you what to do about it...

This Is the Best Stock to Buy and Hold During Extreme Volatility

In 19 trading days in October so far, there have been 13 days when the Dow closed with a triple-digit move – four higher and nine lower. Seven of them had moves greater than 1%. Compare that to 2017, when there were just 10 single-day moves of 1% the entire year.

It's no wonder investors are nervous.

But history shows that this is par for the course for October. While September usually gets the rap as the worst month for investors, October is actually the month with the most volatility.

And that's why we're bringing you the best stock to buy and hold in October, when the markets are particularly volatile...

Why Investors Are Walloped with a Constant "Bliss Blitz"

Investors are being targeted by an all-out media blitz. But it's a funny kind of blitz – none of the violence you'd normally associate with the word. There's a reason for that, as we'll see.

It's a decidedly opiate affair, this blitz. It's calm, soothing, numbing, and permeated with a "don't-worry, all-good" message on near-endless repeat.

Try this: Think of the last time you read, heard, or saw something about "exploding earnings," "synchronized global growth," or "record levels of consumer confidence."

I'll bet it wasn't long ago at all. In fact, I'll go so far as to say you probably read words to that effect today.

So why is the mainstream media going out of its way to spread… calm and tranquility?

I'll show you the answer in a minute, when we dive into what I can only call a "masterpiece of misinformation" from a trusted American news organization.

Here we go...

3 Top Penny Stocks to Buy Right Now - One Could Gain Over 230%

Penny stocks are one way for investors get stellar returns with little up-front investment. That's why we're looking at the top 3 penny stocks to buy right now.

You see, the U.S. Securities and Exchange Commission (SEC) defines penny stocks as securities that sell for $5.00 per share or less.

With such low entry prices, a small investment can generate tremendous gains. For example, if a stock sells for a $1.00 and jumps just one dollar, that's a 100% appreciation. And that happens with the best penny stocks.

This Promising Marijuana Penny Stock Could See Gains of 1,000%

With legalization of cannabis spreading, finding a promising marijuana penny stock is the "holy grail" many investors are seeking right now.

And we've found a micro-cap biotech that fits the bill. This company is still under Wall Street's radar, so the price hasn't yet been affected by all the hype surrounding the marijuana industry.

But the company has many unique advantages that will pay off down the road.

Here's why we think this penny stock will skyrocket...