Archives for January 2019

January 2019 - Page 14 of 15 - Money Morning - Only the News You Can Profit From

This One Chart Tells Me Where We're Going from Here

At the end of the day, an analyst's job is to take a complex thing, make some kind of good sense of it, and let his or her readers know what the data tells them.

When that complex "thing" is stocks, there are a few ways we can do that.

A fundamental analyst is going to look at things like cash flow for a company or the S&P 500, and… make some sense of it, and make an educated, informed guess as to what's going to happen – where those fundamentals will be in the future.

A technical analyst like me is going to look at history (in the form of charts) and determine – you guessed it – what's going to happen – whether history's going to repeat itself or not.

And so I'd like to share a chart with you all today. Not just "a" chart, but the chart that tells us not only where we've been, but more importantly, what to expect in the near term.

Here we go...

What You Need to Know About Apple Stock Right Now

There's no sugarcoating it: Apple took it on the chin this week – and took much of the stock market along for the ride down.

AAPL shares were down about 9% in early trading Thursday following a "rare" earnings warning from CEO Tim Cook.

How rare? The last one was issued by Steve Jobs – in 2002.

The Apple stock price is now down about 37% from its all-time high of $233.47 reached on Oct. 3. The steep decline has Apple investors worried, but this is nowhere near as bad as it looks at first glance – and it's definitely not as dire as the media has been reporting.

So here's the truth...

The 10 Best Penny Stocks to Buy in 2019

As 2019 kicks off, there's no better time to identify the most lucrative profit opportunities in the year.

That's why we're bringing you the 10 best penny stocks to buy in 2019.

You see, penny stocks are a great profit tool for investors looking for triple-digit returns with minimal up-front investment.

Because of their low market price, minor fluctuations in the price of a penny stock can result in tremendous gains for well positioned investors.

However, it's important to note that these fluctuations can also result in significant losses. As a result, investors should never invest more money in penny stocks than they are comfortable losing.

Click here to read more...

The Price of Gold Will Keep Rallying in 2019 - Here's My Newest Target

Any doubts about gold's new bull run should now be put to rest.

It's true the price of gold started out 2018 just above $1,300, and ended the year just below that level for a small 1.7% annual loss. That has some of the most ardent bulls abandoning the asset.

But looking at gold's action since mid-August and especially since mid-October (when equity markets began a serious global sell-off) shows a new bull has begun.