Today, you'll learn how being a successful investor is a lot like being an alligator.
Category
trading strategies
Why Nevada Has the "Magic Formula" for Pot Profits
I've said it before – and I'll say it again: When laws pass, stocks soar.
It's our "motto" around here.
When states and nations legalize marijuana, pot stocks soar. It makes perfect sense.
But there's an important addendum to make here, and it's one I'd add for any industry I can think of: If the taxes are too high, the profit potential can get bogged down.
What the Most Powerful Bankers in the World Are Watching Right Now
Big banks are the field generals of the U.S. economy, and this "rank" makes their insights extremely valuable for those looking to make a killing from the small soldiers known as community banks.
Here's Tim Melvin with the details...
What This Scottish Goliath Told Me About Calling Market Tops (and Throwing Telephone Poles)
I've just returned from an amazing trip to Scotland with my lovely, talented wife and two great friends. We stayed in a lovely little Strathspey village called Aberlour – population just 970.
The best part: The regional Highland Games were held there during our brief stay. I sent pictures to my Stealth Profits Trader readers – along with an update on some 62 and 93% gainers and other positions that are heading higher right now.
You might know these games date back more than 1,000 years, so they're packed with traditions, including bagpipe and drum corps competitions (majestic) and multiple dancing events (graceful). There are footraces and long jumps where men and women run and jump to the screaming encouragement of the local spectators.
But the great crowd-pleasing allure of the games lies in the strength events, competitions where mountain-sized men in kilts battle it out to see who can throw extremely large objects with the highest accuracy: Heavy stones, massive hammers, and telephone pole-sized logs all fly through the air.
Well, the strength events saw a "ringer" this year. He was a man from outside the region, who easily won the shot put, hammer throw, and heavy weight throws – for both distance and height.
This mammoth of a man was at least 75 pounds heavier than (and twice as thick as) any of the other competitors.
Because of this, it was easy and logical to assume that he would also win the most famous of Highland Game events – the caber toss.
If you've never seen one, "the caber" is a 19-foot, 6-inch tall log that weighs 175 pounds.
Contestants balance the caber vertically in their clasped hands with the narrower end down and then run forward. They finish by tossing the log end over end, hoping to get the smaller end to flip over the thicker end and – this is key – land in a 12 o'clock position in front of them.
The ringer, this he-man of a human being, was first up.
He easily balanced the caber, but as he started running, he lumbered and laboriously made his toss.
Oh, he "turned the caber" alright – he got the smaller end in his hand to rotate over the top of the larger end in the air – but the caber landed at about 10 o'clock.
He might not have realized it, but that cost him the points he needed to win the event. Here's what happened next.
A younger and leaner contestant took his mark. He had more trouble holding the monstrous log. But as he started his run, he was so much lighter on his feet – graceful, even.
After his smooth run, the smaller contestant had more control over his caber, and he made his toss with a nearly perfect 12 o'clock landing.
And so it was that the logical choice, the one that looked best on paper, didn't end up being the one that performed best in reality.
You Can Thank the Bears When These Gains Pile Up
Our Chris Johnson is back with his Best in Breed system to determine the best short interest stocks.
In fact, he's bringing you two opportunities that are the strongest in their sectors...
My "Split Stake" Approach Did Nearly 69x Better Than the Market
I've been known, on occasion, to place a small bet or two if I can find a baseball game that offers a decent risk-reward setup.
Now, I know gambling is frowned upon in some quarters, but even folks who are down on it would be hard-pressed to turn down the "bet" I'm offering today.
Let's look at this past weekend's matchup between the hated Boston Red Sox and my much-beloved Baltimore Orioles. We'll pretend it hasn't happened yet.
Boston is a powerhouse, leading all of MLB in runs scored, with the second-lowest staff earned run average (ERA) in the game. It is nine games ahead of the New York Yankees for the American League East title.
Baltimore, it grieves me to say, scores less than four runs a game. The staff ERA is one of the worst in all of Major League Baseball. As of this writing, Baltimore sits a dismal 49.5 games out of first place.
At first glance, this looks easy: Bet the Red Sox.
The problem is, in order to win $1, you will have probably have to bet more than $2 on the Red Sox.
The Orioles are unlikely to win, but every $1 bet should return more than $2. Of course, the odds of that happening are pretty slim, but… if they were to win, the payoff would be excellent.
I'll spare you the math, but both bets are likely losers if you were to "let it ride" over a series of games with similar odds and payoffs.
Instead... Here's the bet I am going to offer you...
You've Never Met an Options Trader Like This Before
It's hard to find an options trader you can trust.
That's why you need to meet this man.
He has the potential to help you change your financial destiny...
This Is Telling Me the Market May Take a Break
Last month, I showed you how lots of stocks had been participating in upside moves, not just the FANGMA – Facebook, Apple, Netflix, Google, Microsoft, and Amazon.com – heavyweights.
Now, I've likened breadth, which I'll tell you a little more about, to my "canary in the coal mine." And by far my favorite way to see whether the canary starts to feel queasy is by watching the cumulative advance/decline line.
As a quick reminder, this indicator starts with a daily breadth number. "Breadth" is the number of stocks on the New York Stock Exchange that closed higher than yesterday minus the number that closed lower. That's where the term "advance/decline" comes from.
When we add up that breadth number day after day, we "accumulate" the daily breadth numbers, giving us a cumulative advance/decline (A-D) line.
Most of the time, when the market goes up or down, the cumulative A-D line moves in lockstep.
Conceptually, the reason why this is an important metric is very straightforward, as well. If only a few stocks are pulling the market up, then it only takes one of those stocks to fall hard to send the market spiraling.
So far, the market's resisted doing that. But I'm seeing things that suggest we may be in for, if not a huge move down, then some decidedly more up-and-down action before long.
Have a look at these charts...
This Old Liquor Store Gimmick Is Pointing at Triple-Digit Profit Potential
Think about the last time you ran out to the shop for a six-pack or bottle of your favorite wine or spirits.
On the way to the case or shelf, you probably walked right past any one of a dozen or so "marijuana beers," often with bright green, leafy logos.
Microbrewers who make these "marijuana beers" infuse their creations with hemp. Does it add flavor? Eminently debatable. But the truth is, the "secret ingredient" doesn't add any extra kick to the beer; the hemp is THC-free.
At least, it used to be. Because earlier this month, we got a look at the world's first no-quotation-marks-needed marijuana beer.
Where are they making this new adult beverage?
What I Learned at the "Blackbeard the Pirate" School of Investing
Our Tim Melvin has gotten his perfect investing track record by learning a thing or two at the "Blackbeard the Pirate" School of Investing and differentiating between good and bad investment pirates.
Here's Tim on how to "pirate" ideas to your advantage...