Archives for October 2019

October 2019 - Page 2 of 16 - Money Morning - Only the News You Can Profit From

What to Do About Today's Fed Interest Rate Move

Stocks are sitting at or near record highs, so, naturally, Jerome Powell's Federal Reserve is expected to do its part with another 25-basis-point rate cut this afternoon at 2 p.m.

After all, the stock market is up – the Fed's unofficial, unsanctioned signal to open the cheap-money taps a little wider.

If the Fed moves as markets are "expecting" (read: demanding), this'll be the third reduction in the Fed funds target rate since July, totaling 75 basis points in all, just as it did in 1995 and 1998.

The Fed would be cutting against a backdrop of sky-high stock valuations, decelerating economic growth and job gains, a deepening manufacturing recession, and a political situation that threatens to boil over into full-blown constitutional crisis at any minute.

So this is a really dicey time for investors, but there are some opportunities for savvy folks who understand how to play the Fed against Wall Street – and Wall Street against economic reality.

Let's talk about what to do… Full Story

Let's talk about what to do... Full Story

128 Million Reasons Mexico Cannabis Stocks Are About to Surge Higher

This week, Mexico is set to become the largest country to ever legalize recreational marijuana.

Mexico's 128 million people will be the largest population to be able to buy legal marijuana, and that's going to unleash a new wave of money into Mexico cannabis stocks.

And we know of one cannabis stock that could earn you 136% profit as cannabis legalization sweeps across Mexico.

Read more...

Grab Big Gains on Great Stocks for Pennies on the Dollar

Today, I want to dig into a unique trading strategy I recommend for my paid subscribers from time to time.

It's a move that allows you to lower your risk and cost – always something to shoot for – and still take those same massive profits we're always looking to grab.

It's called a "butterfly spread" trade, and it's perfect to use when the markets are experiencing high volatility like they are now.

Now, I can hear what you're thinking: "High volatility?! Tom, the S&P 500 is at record highs right now." But always remember, volatility is up and down movement; just because we're at record highs doesn't mean there's no volatility – we're just going through upside volatility.

Volatility of any kind can lead to an increase in option prices, which could make it tough to stick to one of my most important trading rules: I only enter trades that are $500 or less.

The butterfly spread works a lot like some other trades we've talked about before, but it has some unique benefits I want to tell you about...