Tesla slammed after Elon Musk charged with fraud

With the Fed Statement behind us, stocks finished higher and the S&P and DOW snapped a 2-day losing streak. It was actually the first time this week that the major indices all ended the session with gains. The NASDAQ led the way with a 0.7% win. But it could have been better. Stocks gave up early gains in the afternoon, erasing … Read more

Amazon makes its first investment into a home builder

Amazon has made clear that it wants to own the smart home space. Now the company’s going a step further, taking a stake in a start-up that’s building actual homes. — TRENDING NOW— FREE STOCK TRADING WEBINAR Experienced Biotech stock investor, Kyle Dennis, will be showing you 3 easy-to-follow steps that you’re going to want … Read more

Trader Shorted Bitcoin to $5,950 on CNBC, Now $6,500

Scott Nations, the president and chief investment officer of NationsShares, a division of Fortress Trading, shorted Bitcoin through the Cboe futures market live on CNBC on September 26. Since then, the price of Bitcoin has slightly increased to $6,500. “I want to be a seller of the October contract. The Cboe Bitcoin futures, that is … Read more

Executives are selling off their company’s stock at a record pace

Corporate insiders are dumping stock in their companies at a rate not seen in 10 years. With September not yet over, stock sales by company executives reached $5.7 billion, according to data from TrimTabs Investment Research — the highest September in a decade. August’s $10.3 billion in insider sales also reached a 10-year record. — … Read more

Stock Market Update Wednesday, September 26th, 2018

After a slow start, stocks were higher ahead of today’s Fed Statement. And at 2pm ET, the Fed announced the 3rd rate hike this year. The decision was expected, and at first, stocks rallied. But 24 minutes after the rate hike, and just minutes before the Fed Press Conference, stocks started to drop. The major indices continued … Read more

True Wealth Review (Steve Sjuggerud):We are On the Verge of a Massive Stock Market “Melt Up”

True Wealth Steve Sjuggerud

If you miss out on what’s about to happen, you’ll regret it for the rest of your life We will soon witness an event that will send the DOW soaring past 40,000… 50,000… even higher. You see, a panic is about to grip the markets… But not the kind of panic most people expect. As … Read more

These 3 investment products will help you build a portfolio for life

This is the first of three articles in which I will show how just about any investor can achieve outstanding long-term returns using readily available low-cost products. In this column, I describe the three most important building blocks of a portfolio. In the second, I describe some of the limitations and challenges of one of … Read more