Archives for January 2019

January 2019 - Page 11 of 15 - Money Morning - Only the News You Can Profit From

These Companies Are About to Rake It In; Here's How You Do the Same

In late 2016, the world's greatest stock picker (Bill Patalon to his friends) reported on the "IPO ice age," with a noticeable dearth of profitable IPOs, especially compared with the boom years of 2013 to 2015 when, depending on the year, anywhere from 170 to 275 companies listed.

But Bill also predicted that the "ice age" would end with a ferocious warm-up, and it looks like he was, literally, on the money there.

Not only are there the four cannabis IPOs that could potentially create $12 billion in new wealth within the next few weeks (more on those here), but we're also looking at a massive year from new tech companies; the next generation of market leaders, like Uber.

That company could absolutely dwarf the $25 billion Alibaba debut, which was the richest in history… so far.

But investors – regular people who don't have $500 million in capital to throw around – have to be careful with these "market events." If we go about it the right way, "outsiders" like you and I can play them for profit, but it's worth bearing in mind that IPOs are predominantly designed for underwriters and corporate principals to cash in.

So today, Bill is going to put his stock-picking skills to work, and in just four minutes, he'll tell us how we can profit in this rarified, red-hot investing niche...

Here's My Full 2019 Crude Oil Price Forecast (and the Best Way to Profit)

The final quarter of 2018 has certainly been "historic." Then again, so was RMS Titanic's last night above water.

Both primary crude benchmarks posted highs on Oct. 3, but through close of trade on Dec. 27, they've been in marked retreat. West Texas Intermediate (WTI), the standard for futures contracts set in New York, has lost 41.6%, while Brent, the more widely used global yardstick set daily in London, has shed 39.8%.

Those figures even include a major single-session advance of 8% recorded on Dec. 26.

Of course, oil has been moving in tandem with a collapsing broader stock market. Weakness and volatility have been boosted by (largely misplaced) angst involving a credit inversion, where shorter-term maturities begin offering higher yields than paper further down on the curve.

A yield inversion is sometimes regarded as a precursor to a recession, although I also regard this fear as quite overblown.

Why? It's simple: The market has had more inversions not leading to recessions than it has had those resulting in one. Besides, in the unlikely event a recession hits this time around, it usually takes at least 18 months for any tangible indicators to form. Prior to that, it's all idle speculation, guesswork, and worry.

And as if to put a point on it, that worrisome inversion has quietly corrected over the past few weeks.

At the end of each year, there is a combination of loss-taking for tax purposes, institutional investors balancing and re-balancing portfolios, and lowered liquidity.

This is nothing new. This year, however, all three factors have collided in a profoundly uncertain environment fueled by a government shutdown, geopolitical tensions, concerns over U.S. foreign policy consistency, a U.S.-Chinese trade war, and highly suspicious computer-buying programs.

So it's easy to see why crude prices seem stuck in the basement – stock prices, too, for that matter.

But as I'm about to show you, the year ahead looks much brighter than the current situation suggests...

The Price of Silver Is Rallying, and It's Just the Start

The price of silver has been steady over the past week and is still up tremendously since late December. In fact, silver prices are still up more than 9% from their December low.

At this point, a small pause in silver's rise would not surprise me. The metal typically takes a little time to digest its massive gains.

However, after a brief pause, there are plenty of reasons to believe the price of silver will keep rallying in 2019...