Small cap stocks were some of the best performers of 2016. In fact, since January 2016, the Russell 2000 gained 23% on the year, as the Dow picked up 17%. The NASDAQ was up 11% on the year. The S&P 500 up 13%. Fund managers expect the small cap rally to extend well into the…
DetailsIt’s a fool’s trade. Or rather, we should say, it was. After infuriating investors with bankruptcy filings and crumbling valuations for years, stem cell companies have been crushed. Many suffered delays, burning through cash with few results. StemCells – now Microbot Medical (MBOT) — fell from a $228 high in 2014 to less than $4…
DetailsIt may be one of the most controversial topics. But it’s not going away. In fact, the marijuana story is just heating up – again. In fact, we’ve already seen several of the biggest stocks soar in 2016 alone after several more states voted to legalize its recreational and medicinal use. GW Pharmaceuticals (GWPH) soared…
DetailsThere are two certainties in life – death and taxes. And by all accounts, neither is exciting. But we have no choice. Unless of course, you enjoy paying tax penalties, interest, wage garnishments, or opening the door to that always-friendly tax collector. Sadly, even in death we owe tax. But if you’re aware of how…
DetailsIt finally happened. The Federal Reserve raised interest rates by a quarter point, signaling its confidence in an improving economy. Or was it based on the Central Banks’ hope that President-Elect Donald Trump will push through incredible fiscal stimulus once he takes office? In particular, Trump has promised to induce the largest tax cut in…
DetailsAs we noted in November, the bear market in commodities is long over. If you’ve been reading the Profit Alert Daily, you know resource stocks have been some of the biggest beneficiaries, gaining momentum on the Donald Trump win. What you may not be aware of is that the boom is far from over. Copper…
DetailsWhat’s the secret to success in the markets? It all depends who you’re asking. Some attribute it to luck. Others will tell you they use technical or fundamental analysis. If you’re my know-it-all cousin that just got his MBA, it’s easy to make money. But he still has a lot to learn. If you ask…
DetailsWe had to see it to believe it. And now, well… we’ve seen it. After watching oil struggle at $26.05 a barrel in February 2016 on supply-demand imbalances, crude oil prices now sit at a 1.5-year high of $52.83 – a 103% move. All as OPEC and non-OPEC countries agreed to cut oil production. While…
Details“I had no idea this stock would fall the way it did.” His e-mail read like a trader that risked far too much, the wrong way. “More than $10,250 just gone. My wife is going to kill me. I have a tuition bill I was supposed to pay for my son next month. House payment.…
DetailsThe next stage of the of the marijuana bull market starts now. The first stage was fantastic. Any and all marijuana stocks soared. From real estate plays to social media companies to actual marijuana growers and sellers, there are 100%, 300%, and even a few 1,000% winners in there. However, after that run and the…
DetailsUnemployment is at a nine-year low of 4.6%. That’s great news. Even better, employers added another 178,000 jobs in November 2016, topping expectations for a gain of 170,000. But while it may seem like a healthy report, remember this. The unemployment rate fell in large part because the labor force participation rate fell for the…
DetailsIf you blinked, you missed it. Early Monday, Italy was plunged into deep political and economic uncertainty, as Prime Minister Matteo Renzi resigned on word voters rejected constitutional changes that were meant to streamline the government, reduce bureaucracy and make it easier to pass laws. Nearly 60% of Italians voted “no” against constitutional reforms that…
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