At the end of 2017, Morgan Stanley announced that semiconductor stocks were "currently at a peak" and that investors should have "increasingly negative prospects for the industry."
Morgan Stanley's comments sent the semiconductor industry into a tailspin – by late December, the sector had undergone a 10% correction, and Wall Street prospects for the industry's 2018 performance were increasingly dim.
However, they couldn't have been more wrong...
Some analysts are very bullish about the AMD share price over the next 12 months.
In fact, one analyst believes the AMD stock price could climb 130%.
Here's everything you need to know about why AMD shareholders could be very happy in 2018...
The Dow Jones today looks primed to break 25,000 points after markets kicked off 2018 with record highs during its first two trading sessions.
Dow futures are up 87 points this morning on investor optimism that the Dow Jones will break 25,000 today. This level is a huge jump from the 20,000 points the Dow Jones started with in 2017. And marijuana stocks are already leading the way.
by David Zeiler
Bitcoin rallied back from its biggest drop in a month yesterday, but that's not exactly why we're excited for it.
Right now, we're looking ahead to a really big event: the "hard fork" expected next week, on Oct. 25.
This move is going to create Bitcoin Gold, just like the last hard fork spawned Bitcoin Cash. The new crypto will "enter the wild" on Nov. 1.
But that's not what has us fired up. The hard fork speaks well of Bitcoin's durability, of course, but it remains to be seen whether its new "flavors" will be good investments.
Rather, we believe Bitcoin Gold is going to be like pure rocket fuel for one of our favorite stocks…
It's a textbook "10-bagger" that's given us more than 1,138% in peak gains since our (very) early "Buy" call back in June 2013.
Today, we're upgrading our call to "Screaming Buy," because our Cryptocurrency Expert, David Zeiler, has proof that this hard fork is likely to ignite a whole new round of gains in these shares.
And it could happen very quickly, too...
The current rally is just a wee bit over eight years, six months old. Any way you slice it, it's an incredible, though still not unprecedented, run since the Dow's low of 6,469.95 on March 6, 2009.
Now that the bull has reached a ripe old age, more and more talking heads are calling for its end on the basis of its "advanced" age alone.
I'll be blunt: Changing your bullish bias and acting on the assumption that the simple passage of time is enough to halt the rally is likely to cost you money – and plenty of it.
I can say that with confidence (and trade likewise) because, over my 31 years in the markets, I've learned exactly what ignites, what perpetuates, and, of course, what kills, a bull market.
I don't really see anything that suggests this one is spent...
For crypto prices, Bitcoin recovered after a slump on Tuesday.
Ethereum prices also pushed higher.
Here's more on what happened today in the crypto market...
Cryptocurrency prices today were mostly flat.
Bitcoin and Ethereum prices were slightly down, while the prices of Ripple and Litecoin were slightly up.
Here's what you need to know about the cryptocurrency market for July 26...
The Dow Jones news today is highlighted by Senate Republicans' failure to repeal and replace Obamacare. But Republicans might now attempt an outright repeal of Obamacare.
The announcement comes just as earnings season begins to kick into full swing with a busy round of reports in Tuesday's trading session.
by Stephen Mack
Here's a look at the biggest tech movers for the week of June 19-23, 2017.
The Dow Jones new today features a bill in the U.S. Senate that would repeal and replace the Affordable Care Act, also known as Obamacare.
Dow Jones futures are down 15 points in pre-market hours and oil prices remain in bear market territory.
