Archives for September 2019

September 2019 - Page 8 of 15 - Money Morning - Only the News You Can Profit From

What Every Investor Needs to Know About the Saudi Arabian Oil Attacks

I was still in the air with my wife, traveling between Dubai and our home in Florida, when some of the world's most important oil production and processing facilities in Saudi Arabia were attacked by drones.

By the time we landed, the massive Saudi Aramco processing facility at Abqaiq and the Khurais oil fields were burning, around 7% of global daily crude production was falling offline, and global crude prices were spiking by double digits.

At home, before I even had a chance to unpack, I participated in a marathon series of overseas conference calls which have only just ended.

With the attack, claimed by Houthi rebels out of Yemen, the long-simmering Saudi-Iranian proxy war has reached a new, volatile boil.

Frankly, White House rhetoric notwithstanding, Saudi Arabia's next steps will largely determine when and where outright war breaks out.

I can say with certainty, however, that U.S. and Saudi government responses to the global oil market have missed the mark.

Here's what's really happening...

The 10 Top Penny Stocks to Watch This Week as Oil Prices Soar

On Sunday (Sept. 15), Saudi Arabia announced two of the nation's largest oil refineries were destroyed in drone attacks.

The news hit global markets in the gut, and traders are off to the selling floor.

But one of our top penny stocks to buy this week could still gain 275% on its price.

Your typical blue-chip stocks will see somewhat rocky conditions.

Investors will take a more conservative approach.

But many of those same investors will miss out on the unsung heroes trading right now.

That's why we're bringing you our 10 top penny stocks. This is an opportunity to get ahead.

Read more here...

Digital Disruption: How Cryptocurrency Is Transforming Finance (Infographic)

The digital disruption of the world of finance by cryptocurrency is no longer hypothetical.

It's happening right under our noses.

The ability to move money seamlessly and nearly instantly across borders is only one aspect of how crypto is revolutionizing the financial industry.

And yet we're only in the early innings of this game-changing technology.

To help our readers understand this phenomenon, we're sharing this must-see infographic...

The Dow Jones Industrial Average Is Tethered by a Proxy Attack on a Saudi Oil Field

Expect to hear the term "Black Swan" or "Grey Swan" a lot on Monday.

That's because something happened that everyone in the world should have seen coming, and it's going to have a significant impact on the geopolitical map in the Middle East.

The Dow Jones Industrial Average will slide today after the largest single-day crude price uptick in almost four years.

Read more here...

How to Learn Options Trading and Retire Early

President Franklin D. Roosevelt famously said, "The only thing we have to fear is fear itself."

He was promoting optimism in the Great Depression.

But this still applies to investors today. Do not fear the markets.

Do not fear the news cycle. And do not fear using options.

These can help you grab your retirement by the horns and settle down with a fortune.

Read more...