Relief. That’s what I feel right now regarding the markets after the recent pullback (even as it continues). In fact, I feel better about the markets now than I did just a couple of weeks ago. Does that mean I think the worst is behind us and the market will continue hitting new highs? Absolutely not. The truth is, I don’t know what’s going to happen in the future any more than you do. But here’s what I do know. A market selloff was inevitable. And it wasn’t so much a market selloff that had me concerned… it was the… Read More

Relief. That’s what I feel right now regarding the markets after the recent pullback (even as it continues). In fact, I feel better about the markets now than I did just a couple of weeks ago. Does that mean I think the worst is behind us and the market will continue hitting new highs? Absolutely not. The truth is, I don’t know what’s going to happen in the future any more than you do. But here’s what I do know. A market selloff was inevitable. And it wasn’t so much a market selloff that had me concerned… it was the relentless climb of the market without so much as a hiccup. The S&P 500 went 400-some trading days since its last decline of 5% or more — the longest such period in 20 years. And the market’s 4.1% plunge on Monday, February 5, was the biggest one-day drop since 2011. —Sponsored Link— Forget Social Security! Thousands of U.S. taxpayers are lining up for the chance to grab huge four- and five-digit checks starting March 1. Massive payouts from a new private program that make the average Social Security check look like mincemeat. Read More

They said it could not go down. In fact, some bitcoin evangelists claimed it was mathematically impossible for the price to drop. Other true believers were calling for $100,000 or even $1 million as the cost of the king of cryptocurrencies spiraled ever higher. At the same time, the lesser cryptocurrencies were carried along with the bullish fever. Ripple, ethereum, litecoin, and even joke cryptos like Dogecoin rocketed sky-high  as visions of Powerball lottery-like wealth gripped the public’s imagination. #-ad_banner-#During this heady timeframe, the bearish contingent compared the price surge to the Dutch tulip mania of the 1600s and searched… Read More

They said it could not go down. In fact, some bitcoin evangelists claimed it was mathematically impossible for the price to drop. Other true believers were calling for $100,000 or even $1 million as the cost of the king of cryptocurrencies spiraled ever higher. At the same time, the lesser cryptocurrencies were carried along with the bullish fever. Ripple, ethereum, litecoin, and even joke cryptos like Dogecoin rocketed sky-high  as visions of Powerball lottery-like wealth gripped the public’s imagination. #-ad_banner-#During this heady timeframe, the bearish contingent compared the price surge to the Dutch tulip mania of the 1600s and searched for ways to short the monster move. Unlike most other financial markets, there was no direct way to profit from the downside. Sensing the demand, the Chicago Board Options Exchange (CBOE) launched futures in mid- December 2017 to much fanfare among institutions and professional traders. During the same month, Bitcoin and the other cryptos hit their all-time highs. But after striking a high price just over $19,000, Bitcoin did what was once said to be impossible: it started plunging in value. By December 22, the leading cryptocurrency had lost 1/3 of its value in just five days. January was not… Read More

Confusion, Contention, Curiosity. Those are just a few of the words I’d use to summarize the past couple weeks of trading, which began with the selloff on Feb. 2. Traders and investors are confused because the selloff seemed to come from nowhere. There wasn’t a particular event that sparked the violent move lower — just a slow selloff that accelerated into the biggest one-day drop the Dow had ever experienced… one that reverberated through global markets. —Sponsored Link— How To Profit From The Bitcoin Bloodbath As bitcoin plunges, the co-founder of Ethereum is on to… Read More

Confusion, Contention, Curiosity. Those are just a few of the words I’d use to summarize the past couple weeks of trading, which began with the selloff on Feb. 2. Traders and investors are confused because the selloff seemed to come from nowhere. There wasn’t a particular event that sparked the violent move lower — just a slow selloff that accelerated into the biggest one-day drop the Dow had ever experienced… one that reverberated through global markets. —Sponsored Link— How To Profit From The Bitcoin Bloodbath As bitcoin plunges, the co-founder of Ethereum is on to something new. Something much bigger than bitcoin. Going completely under the radar, he has worked for years to create the world’s first blockchain hedge fund. His partners? Not the 0,00001% elite, but you and me. The crash of bitcoin is the start of something much, much bigger. Get full details before it becomes mainstream news… Pundits have blamed the drop on everything from normal profit taking to interest rates and government deficits. What I know from my years of experience is that humans don’t panic and push prices that far that fast without a catastrophe or… Read More

My parents took me to Walt Disney World for the first time when I was five years old. One of the rides I most vividly remember, now long since gone, was Mr. Toad’s Wild Ride. Based on Disney’s film adaptation of the classic book The Wind in the Willows, you recklessly “drove” an old fashioned (pre-Model T) car through a darkened, decrepit Victorian mansion. Sounds a little cheesy, I know. But for a small tyke in 1973, it was big adventure. The market has felt a little like Mr. Toad’s Wild Ride recently, with the Dow Jones Industrial Average posting… Read More

My parents took me to Walt Disney World for the first time when I was five years old. One of the rides I most vividly remember, now long since gone, was Mr. Toad’s Wild Ride. Based on Disney’s film adaptation of the classic book The Wind in the Willows, you recklessly “drove” an old fashioned (pre-Model T) car through a darkened, decrepit Victorian mansion. Sounds a little cheesy, I know. But for a small tyke in 1973, it was big adventure. The market has felt a little like Mr. Toad’s Wild Ride recently, with the Dow Jones Industrial Average posting its biggest one-day point drop ever at 1,175 points. While that is indeed significant, this chart of the S&P 500 is even more unnerving. Since equities decided to roll over like my 13 year-old yellow lab does when she wants her tummy scratched, investors have experienced a 9.56% drawdown from what appears to be a market top. A wild ride indeed. #-ad_banner-#I’m not going to dive into the nuances of why volatility has suddenly decided to return to the market, but it has — big time. And with any market pullback, opportunities are created to buy great, timely… Read More

It’s official, folks. We’ve got ourselves a good, old fashioned market correction. After losing 1,175 points last Monday, The Dow fell into correction territory on Thursday by crossing a level 10% below its January high. Talk about a crazy week. Now, I still stand by what I said last week. Take a deep breath… and remember that corrections are simply functions of normal, healthy markets. There’s no reason to be gravely concerned about the health of the economy or the global market. Earnings are growing. Taxes are falling. Jobs are plentiful. Wages are even rising a bit. So what’s happening?… Read More

It’s official, folks. We’ve got ourselves a good, old fashioned market correction. After losing 1,175 points last Monday, The Dow fell into correction territory on Thursday by crossing a level 10% below its January high. Talk about a crazy week. Now, I still stand by what I said last week. Take a deep breath… and remember that corrections are simply functions of normal, healthy markets. There’s no reason to be gravely concerned about the health of the economy or the global market. Earnings are growing. Taxes are falling. Jobs are plentiful. Wages are even rising a bit. So what’s happening? —Sponsored Link— ‘Wholesale Crypto’ Method Could Double Your Money In 3 Clicks… What if there was a way to double your money almost instantaneously… In just three clicks, you can buy almost any cryptocurrency at a steep discount. You could double or triple every dollar you invest… You just have to know what currencies to target, and when to target them… So if you’ve ever thought, “it’s too late to get into cryptocurrencies,” then this is a real chance for you to make your millions. Watch the following presentation to learn… Read More

Artificial intelligence and robotics could dramatically transform every industry over the next decade. From increases in productivity to wage savings and minimizing human error, I’m hard-pressed to find another time in history with as much potential for a corporate profits bonanza. It’s impossible to predict all the ways this robo-revolution will affect society, but one thing is certain: The replacement of expensive human workers with their efficient robot counterparts will be a boon to the bottom line. #-ad_banner-#While timelines for widespread adoption in most industries puts this transformation decades out or more, there is one industry that could see massive… Read More

Artificial intelligence and robotics could dramatically transform every industry over the next decade. From increases in productivity to wage savings and minimizing human error, I’m hard-pressed to find another time in history with as much potential for a corporate profits bonanza. It’s impossible to predict all the ways this robo-revolution will affect society, but one thing is certain: The replacement of expensive human workers with their efficient robot counterparts will be a boon to the bottom line. #-ad_banner-#While timelines for widespread adoption in most industries puts this transformation decades out or more, there is one industry that could see massive changes in the next couple of years. In fact, a robot recently drove 2,400 miles to prove it could do the work of a human worker. Robots Are Already Behind The Wheel Of The Largest Big Rigs Embark’s self-driving semi-truck has completed the first cross-country trip from Los Angeles to Jacksonville, Florida. The truck completed the 2,400 mile trip with only rare disengagements that required the driver to take over. Autonomous driving is developing along multiple paths, which could help the tech find a mass-market solution faster. Embark’s technology uses machine learning along with data… Read More

It finally happened. After years of nary a selloff, let alone a significant correction, the floodgates burst open. On Monday, February 5, the Dow Jones Industrial Average suffered a mid-session 1,600 point death plunge. Buyers quickly entered the fray, with the DJIA closing down just 1,175 points, but the day was still the highest single-day point drop in history. Percentage-wise, the decline of 4.6% was the largest since the European debt crisis of 2011. #-ad_banner-#While nowhere near the carnage resulting from Black Monday, 1987 or the U.S. Financial Crisis of 2008, the wild price swings and surging volatility caught many… Read More

It finally happened. After years of nary a selloff, let alone a significant correction, the floodgates burst open. On Monday, February 5, the Dow Jones Industrial Average suffered a mid-session 1,600 point death plunge. Buyers quickly entered the fray, with the DJIA closing down just 1,175 points, but the day was still the highest single-day point drop in history. Percentage-wise, the decline of 4.6% was the largest since the European debt crisis of 2011. #-ad_banner-#While nowhere near the carnage resulting from Black Monday, 1987 or the U.S. Financial Crisis of 2008, the wild price swings and surging volatility caught many investors off guard. Seven-plus years of every small selloff being quickly bought back up lulled investors into a false sense of security. The Volatility Index (VIX), which measures volatility expectations, spiked to nearly 50 during the Monday plunge. This represents the highest percentage gain in the index’s history at 84%, marking the fourth-highest close since its 1990 launch. Other historical VIX spikes include the Russian Ruble crisis of 1998, the credit crisis of 2009, and the 2011 S&P U.S. sovereign credit downgrade. The VIX move is concerning as it may be a harbinger of things to come. Just imagine a… Read More

Look out below. That seems to be the prevailing opinion on Wall Street right now, as the major averages experienced a freefall — the likes of which we haven’t seen in quite some time. The Dow Jones shed more than 1,000 points last week, capped by a painful 666-point slide on Friday. After a brief respite over the weekend, the selling intensified on Monday. —Sponsored Link— This New Digital Currency Is Better Than Bitcoin — And You Can Get It For 95% Less If you’ve ever been turned off by Bitcoin’s eye-gouging price tag, please… Read More

Look out below. That seems to be the prevailing opinion on Wall Street right now, as the major averages experienced a freefall — the likes of which we haven’t seen in quite some time. The Dow Jones shed more than 1,000 points last week, capped by a painful 666-point slide on Friday. After a brief respite over the weekend, the selling intensified on Monday. —Sponsored Link— This New Digital Currency Is Better Than Bitcoin — And You Can Get It For 95% Less If you’ve ever been turned off by Bitcoin’s eye-gouging price tag, please read this urgent message about a much-cheaper “New Bitcoin,” as some are calling it. This new digital currency is cheaper, yet intrinsically more valuable than Bitcoin. That’s why we’re preparing for its price to soar… And it looks as though it has already begun. If you think you missed out on this opportunity, think again. When all was said and done, the Dow Jones Industrial Average fell 1,175.21 points, settling at 24,345.75, among the worst one-day point declines on record. Fortunately, on a percentage basis, the 4.6% pullback isn’t historically severe. Still, from the peak on… Read More