Turkey wasn't the only thing getting roasted over Thanksgiving.
Bitcoin hit a low of just $3,550.04 per coin on Nov. 25. That means the once-vaunted cryptocurrency has now lost a staggering 82.13% of its value since hitting $19,870.62 a coin last December.
Just this month alone, Bitcoin's off 44.55%!
There are all kinds of reasons being bandied about in the press about why it's happening. Everything from low-trading volume to potential regulation are being cited as causal factors.
The real reason is far simpler...
The Dow Jones Industrial Average fell 141 points in premarket trading as tech stocks continued to weigh on investor sentiment.
It's been a banner year for tech stocks. Tech giant Amazon.com Inc. (NASDAQ: AMZN) is up a staggering 44%. Apple Inc. (NASDAQ: AAPL) has risen 18%. With tech stocks like Amazon and Apple near all-time highs, it can feel like investors have missed the boat on tech investment.
by Stephen Mack
October's sell-off has a lot of portfolios ready for rebuilding, and we've got a new list of the best stocks to buy in order to help you do just that.
You can also use these recommendation to shore up weak spots and maximize your future gains.
Don't miss these opportunities.
For shrewd investors, penny stocks can provide tremendous returns on very little up-front investments.
In order to help Money Morning readers identify the best investment opportunities, we're taking a close look at the five best penny stocks the watch in November 2018.
You see, many penny stocks don't have the robust financials necessary to generate strong gains.
In order to identify the best penny stocks to invest in, we use the Money Morning Stock VQScore™ system.
The VQScore system pinpoints stocks that have a strong chance to producing triple-digit returns.
It's a great time to be an investor. From new medicines to new ways to communicate, there are massive investing trends taking hold right now.
One of the most visible is at the intersection of transportation, computers and clean energy: autonomous electric cars.
Autonomous, or self-driving, cars are making great inroads with navigation and safety. Indeed, analysts now forecast that the market for self-driving autos will grow tenfold, to $556 billion, in less than a decade.
I've fallen in head-over-heels in love once gain.
And no, my wife has nothing to worry about. It's not a younger woman or anything like that.
Instead, it's a 321-horsepower V-6 beast of a car that handles like a dream but is also very economical to drive.
Then again, this is a three-motor hybrid model equipped with a seven-speed automatic transmission that you shift from the steering wheel when in sport mode.
That's not all – not by a long shot. See, my new 2019 Acura MDX Sport Hybrid excels at semiautonomous driving.
Now I know from personal experience why analysts say the market for self-driving autos will grow a stunning 10-fold, to a whopping $556 billion, in less than a decade.
Clearly that is a massive market, and one that savvy tech investors would do well to target.
Today, I want to reveal one of the best and brightest companies in tech.
It's a great play on autonomous driving.
Heck, it's a great play on virtual reality, machine learning, artificial intelligence, blockchain, and cryptocurrencies… and just about everything else going down in Silicon Valley.
And it could easily hand us 65% gains in just the next 12 months – and much more than that for many years to come.
This month marks the 36th anniversary of one of the most important events in U.S. automotive history.
It was the launch of a car so far ahead of its time that it might as well have been science fiction. And, well, it actually was.
On Sept. 26, 1982, TV viewers got a glimpse of the future of the automobile industry. I'm talking about KITT, the artificial intelligence-powered auto costar of the series "Knight Rider."
In this second installment of Chris' FANG+ Index analysis using his Best in Breed system, he'll take a look at the remaining three stocks – Alibaba, Tesla, and Twitter – to determine which is the best (and worst) of the bunch.
Esports are the fastest-growing sport in the world and will be bigger than baseball, basketball, football, and soccer combined in the next 15 to 20 years.
Just last year, 127 million people tuned in to watch video gamers battle for the League of Legends championship, one of most popular multiplayer video games in the world.
