Archives for February 2019

February 2019 - Page 3 of 13 - Money Morning - Only the News You Can Profit From

Here's How to Get Ready for Every China Trade Deal Outcome

There's a lot to like about this market…

It's technically strong, and leadership among the sectors hasn't changed. This is good.

The Nasdaq Composite and Russell 2000 indexes are out above their 200-day moving averages as of Friday; all four of the major indexes are back above this key trend line. The CBOE Volatility Index (VIX) has settled below the critical 15-point level and was last seen headed south. I'm lovin' it.

And of course, more than 80% of the S&P 500 has reported earnings. Seventy percent of 'em beat earnings expectations, and 60% trounced revenue expectations. Phenomenal.

Finally, a raft of weak-ish economic data had traders taking some profit off the table last week, which, in conjunction with a sagging VIX, suggests we're done with the selling for the time being.

The trend is your friend, I always like to say, and the trend is "up."

But we still have to make it past the China trade deal – or lack thereof.

This isn't necessarily all that scary. In fact, the way I see it, three things could happen, two of which could be really profitable, if you're prepared...

I Found Six Chances to Double Your Money by April 1

"Like finding a needle in a haystack."

Finding the right stocks in a market like this can be that way. There are around 4,000 stocks and almost as many funds. But only a relative few have what it takes to make you serious money.

You know the right ones are there… but they're all mixed in with the losers, and you don't know exactly what the right stocks "look like."

That's where my systems come in. They look at 10 years' worth of data on the top-performing 250 stocks and ETFs on the market to find only those stocks with a 90% or better chance of doubling your money.

But don't misunderstand: The stocks themselves don't have to double… Not at all. That could take forever, and I'm looking to book a 100% gain – make that six 100% gains – in five weeks at the outside.

Let's take a look. None of these stocks have to budge more than 10% for the doublers to start rolling in...