By D.R. Barton, Jr., Technical Trading Specialist, Money Morning • @DRBarton_Stocks - • Print | Email
Last week, my Friday morning started out with me pulling out my hair – only figuratively, of course.
I woke from a restless sleep and spent three hours on market and individual analysis, all above and beyond my normal scans and reviews.
And I came to the same conclusion no matter what I looked at: "There's nothing to do!"
And then… a great feeling of calm washed over me.
Why?
By William Patalon III, Executive Editor, Money Morning - • Print | Email
There's an old business maxim that tells us "All business is war."
And the one company, more than any other, that's currently bringing that maxim to life is The Boeing Co.
Indeed, to hear the experts tell it, Boeing is right now fighting two "wars."
There's the so-called "order war" – the year-in, year-out skirmish Boeing fights with its European perennial archnemesis, Airbus SE.
And there's now the "trade war" – or the potential for one – stemming from the Trump administration's institution of tariffs on steel and aluminum – two materials it's mighty hard to skimp on when you're building thousands of jetliners.
If you've been a reader for a long time, you know we'll come back to look at the tariffs and "trade war" impact on Boeing when it's fully warranted.
Today, I want to talk about the more urgent conflict as far as shareholders are concerned: the war raging between boardrooms in Chicago, Ill., and Toulouse, France, right now.
By D.R. Barton, Jr., Technical Trading Specialist, Money Morning • @DRBarton_Stocks - • Print | Email
Forget about being too hot or too cold, we've got a serious "Goldilocks" market going right now.
Sure, it would be easy to say that the February jobs number from the U.S. Labor Department is arguing that the economy is too hot and all too tempting for the U.S. Federal Reserve to turn off the heat with interest rate hikes. After all, 313,000 new jobs estimated by the survey is a monster number.
And that number gets even better – the trailing two-month revision for January and December boosted the job count by 54,000.
And then there's the unemployment rate calculation that has the U.S. unemployment rate at 4.1% – a 17-year low.
Considering all of this, the bearish argument would say something like, "Well, the economy is way, way too hot, and that's really bad news; it's going to end poorly for the markets."
But let's let those bears stay in hibernation.
Because as we dig further into these the numbers, we find that there's lots to like...
By Dustin Parrett, Associate Editor, Money Morning - • Print | Email
Traders can be lured toward complex financial instruments thanks to the potential of otherworldly returns.
Just look at what happened to traders who got involved in the now-defunct VelocityShares Daily Inverse ETN (XIV), a particularly nasty piece of financial engineering created by Credit Suisse.
The XIV taught its investors a hard lesson: Wall Street isn't your friend...
By Michael A. Robinson, Defense + Tech Specialist, Money Morning • @Robinson_STI - • Print | Email
Just the other day, on Saturday, I ran down a pot stock "triple play" that offers investors a low-risk, easy-to-buy entry point into the fantastically lucrative world of weed investing.
These "pick-and-shovel" companies consist of some of my earliest, most prescient pot stock recommendations ever. Some of them are even included in the massive Roadmap to Marijuana Millions model portfolio my paid-up subscribers can access.
So it should come as no surprise that I hold these picks pretty close to the vest, watching them constantly.
One of the cornerstone picks there, a cannabis biotech that's returned high double- and triple-digit gains for folks following along, got some incredible news earlier this week.
It's a development so fresh it didn't make it into my roundup, so let me fill you in now...
By Michael A. Robinson, Defense + Tech Specialist, Money Morning • @Robinson_STI - • Print | Email
The marijuana sector is still a volatile market, but with California now "fully legal" and Canada headed that way this summer, there are billions on the table; far too much upside for any investor to ignore.
But with such a massive amount of profit potential, it's all too easy for investors to be tempted by the hype and take the "high-risk" route.
That's why the "conservative-aggressive" approach is the one I recommend for getting started: Target low-risk companies – blue chips, in many cases – that are enabling the broader pot stock sector to flourish.
By Tim Melvin, Special Situation Strategist, Money Morning - • Print | Email
"What will Warren buy?"
That's the question at the forefront of many people's minds today after Berkshire Hathaway revealed a gigantic $116 billion cash hoard in its annual shareholder letter over the weekend.
It's not just an academic exercise, either. $116 billion is serious money, even in 2018, and when that kind of cash goes into play, it'll have very real implications for every investor.
Naturally, every financial writer on Earth rushed to write "Buffett Will Buy XXX, So You Should Too."
It's a tempting idea. It even tempted me for two seconds or so, until this occurred to me…
With a cash pile of over $116 billion, it makes no sense whatsoever for Buffett and No. 2 man Charlie Munger to buy anything for a penny less than $10 billion.
It just would not move the needle much at all. The not-inconsiderable hassle of filing the regulatory documents for such a deal would make it not worthwhile.
I think it will be much more interesting (and profitable) for us to think about Warren might do if Berkshire was not quite as large and he had a little more flexibility.
Looking at his published acquisition criteria, he likes… the same kinds of companies I do.
Businesses that are consistently profitable, simple to understand and manage, with excellent management willing to stay in place.
I sat down and spent some time thinking about what the Oracle of Omaha would – not should – buy if the size made sense.
By Cooper Creagan, Associate Editor, Money Morning - • Print | Email
The markets went haywire on Wednesday as the Dow dropped 400 points in just over an hour.
Fortunately, Money Morning Capital Wave Strategist Shah Gilani knows just what to do.
Here's his take, including his Dow prediction that put Stuart Varney's jaw on the floor...
By Money Morning Staff, Money Morning - • Print | Email
There's an extremely dangerous trading "strategy" out there right now.
We don't want you to lose your hard-earned money.
By Cooper Creagan, Associate Editor, Money Morning - • Print | Email
Last year, Tom Gentile's winning trades beat the markets 445 times over.
Imagine what he can do with cryptocurrency.
Here's why Tom's crypto trades could be his most lucrative yet...
