Call it the "millennial market."
No, I'm not talking about how twenty- and thirtysomethings are affecting the market.
Instead, I'm talking about how we now measure the advance of the bellwether Dow Jones Industrial Average not by hundreds, but by thousands.
The Dow has advanced by 1,000 points five times this year… so far.
In fact, it took just 30 days for it to reach 24,000 on Nov. 30.
That's great news for just about every investor.
But the news is even better for investors like you. Here's why...
Penny stocks are so attractive thanks to their explosive potential. These stocks trade for just dollars, or even pennies, and can post triple- or even quadruple-digit gains in a matter of days.
But they are also much riskier than normal stocks. Most penny stocks are listed on over-the-counter exchanges with no requirements for being listed.
As a result some penny stocks are merely scams relying on pump and dump schemes that could quickly drain your entire investment.
However not ALL penny stocks are scams. Here's one of the best penny stocks to watch for 2018...
Rumors are swirling that Elon Musk is the creator of Bitcoin.
One former intern at SpaceX believes Musk's deep understanding of computer programming language and economics are two reasons why he's the real Satoshi Nakamoto.
Here's everything we know about this Bitcoin theory...
Penny stocks are capable of handing investors triple- and even quadruple-digit returns in a short period of time.
Today, we're going to show you the top penny stock to watch this month (November 2017).
Here's why shares of this company are up more than 215% in the last four weeks...
General Electric, a once-proud American icon, has fallen on hard times. The much ballyhooed investor day flopped, at least according to financial markets, which punished the stock on Monday and again Tuesday.
Many investors are wondering if they should buy.
No.
Not unless you have money to burn and you like playing games where the odds are heavily stacked against you.
GE's breakup value is only $11 a share, according to my back-of-the-envelope calculations – and even then just barely. That means the stock could drop another $7.28 per share and that the once-proud conglomerate will lose another $95.24 billion in market capitalization.
The company should be on deathwatch.
Contrary to what Wall Street would love to have you believe, GE is NOT a turnaround play.
The next recession could devastate the stock market, wiping out trillions in everyday Americans' retirement and investment funds.
With potential losses as high as 86% over the last seven recessions, investors and retirees need to have a plan in place in case the worst happens.
by Casey Wilson
Money Morning Executive Editor Bill Patalon has been covering GE stock for over 20 years – and he's not giving up just yet.
In fact, he's seeing a potential profit opportunity for GE stock now – but only if you're willing to look long term.
The Dow Jones today is falling in pre-trading hours after the IEA forecasts weakened oil demand next year, sending oil prices into a slump.
Dow Jones futures are down 115 points already, as WTI crude oil prices are down 1.17% already, falling from 2017 highs.
The Dow Jones today is sliding in pre-trading hours after the Senate continues to debate delaying a corporate tax cut until 2019.
The Dow Jones futures are down 40 points ahead of the market's open, while traders closely monitor a meeting a central bankers across the globe in Frankfurt, Germany.
The Dow Jones today is down 81 points in pre-market hours as the Senate continues to debate a plan to delay reducing the corporate tax rate from 35% to 20% until 2019.
But today's major stock market news focuses on General Electric (NYSE: GE), as the American conglomerate announced it's halving its dividend.
