Archives for July 2019

July 2019 - Page 15 of 16 - Money Morning - Only the News You Can Profit From

Here's What's Triggering These Massive Bond and Stock Rallies

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As waves of capital poured into U.S. Treasuries this year, causing bond yields to fall precipitously, the flight-to-quality trade sparked fears of recession and worse.

Federal Reserve officials registering inflows into Treasuries as a sign of investor fear had to soothe markets with talk of interest rate cuts.

Bond markets, anticipating future rate cuts, saw more capital inflows.

Treasury prices rose further with the bond rally, lifting stocks back up toward record territory.

That's what everyone sees on the surface, but there's a lot more to the story, and it's not all good.

Here's the real backstory, how we got to where we are today, and what's likely to happen next...

10 Top Penny Stocks to Watch as the Trade War Truce Sparks a Stock Rally

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On Saturday (June 29), U.S. President Donald Trump and Chinese President Xi Jinping agreed to stop escalating tariffs and restart trade negotiations.

The news sent the Dow up nearly 2%. With stocks riding the trade war boost, now is the perfect time to check out the top penny stocks to watch.

But we aren’t stopping there. We’ll even show you one of the best penny stocks to buy right now.

Read more...

Bank a 233% Profit on the Uranium Price Rebound

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With bonds, precious metals, and oil in rally mode, investors have been ignoring one extremely profitable commodity: uranium.

Sometimes known as the “energy metal”, uranium provides electricity through nuclear power.

It’s also considered a green energy source and is responsible for as much as 15% of U.S. baseload power.

It’s also set to turn more than 100% profits for investors in the coming months.

Read more...

These Cannabis Heavyweights Are Battling It Out over the "Marijuana Mecca of the Midwest"

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Early last month I wrote about how Illinois is primed to become the "Marijuana Mecca of the Midwest," and it seems that we're not the only ones who know about it.

Now that shareholders have approved the landmark agreement for Acreage Holdings Inc. to be acquired by Canadian giant Canopy Growth Corp., Acreage is on the move.

After the deal closed on Thursday, Acreage CEO Kevin Murphy gave an interview at the Players Technology Summit in San Francisco in which he hinted at a number of "head-turner" acquisitions that the company has in the works.

While he was careful not to spill any specifics, he did make one thing clear.

Illinois, which last month became the first state to approve the sale of adult-use cannabis through legislation, will feature prominently in Acreage's plans. When asked about the coming market, Murphy said: "We have designs on going very deep and very broad in that state."

It will be especially interesting to see whether the company makes any moves to benefit from the potential for districts to opt in on "social consumption lounges" – something we thought might happen in Las Vegas, but it will be much more likely in Illinois.

However, when Acreage tries to enter "The Land of Lincoln," it's going to encounter a buzz saw.

We're tracking a couple companies in our portfolios who are already in the state, and they're going to give Acreage more than a hard time.

Let's take a look at some of the companies Acreage is going up against...