Archives for November 2018

November 2018 - Page 5 of 16 - Money Morning - Only the News You Can Profit From

You'll Never Have to Say "I Don't Know" Ever Again (At Least in Your Trading)

by

You'll Never Have to Say "I Don't Know" Ever Again (at Least in Your Trading)
By Tom Gentile, Options Trading Specialist, Money Morning

I just got back to dry land from a fantastic Caribbean cruise with family and some of my new friends from last month's Black Diamond conference in San Diego.

The seas were calm for our big trip, but I sure can't say the same for the markets. They were volatile when we shipped out and volatile when we got back.

But that made some of our shipboard talk and training sessions more interesting. We made a stop in Cozumel, for one, and once we'd done enough eating, drinking, and relaxing, we commandeered the ship's conference room for two days – ten whole sessions – of trading, training, and teaching.

I can't talk about everything we did shipboard, but I can say that one of the most important things we talked about was…

… "I don't know."

Here's what I mean...

Trust Me, Dude: This Millennial Trend Could Make or Break a Portfolio

by

I was talking to an old friend on the West Coast the other day. His business is located in Sacramento, but most of his customer base is in the Bay Area, so he was looking for an apartment and a small office space in San Francisco.

His search turned up rents that were, as he put it, "more than the cost of [his] first three cars combined, each month."

Office space was even worse. The deciding factor for him was that his price range put him soundly in the middle of what can charitably be called "urban war zones," where a trip around the corner for a bite to eat could turn into something like a bad day in Baghdad – a real bullet festival.

So there was no way my friend wanted to – regularly, each month – fork over exorbitant sums for digs like this. He said he'll continue to make the drive in and stay in a nicer, less hectic, and far more reasonably priced smaller city.

It is the same story I am hearing about other hot spots like New York, Los Angeles, Washington, D.C., and other big-city markets.

The economy is booming for the moment, and with a red-hot labor market in play, pricing in markets like Washington and New York, already on the steep side, is probably going quickly worsen (or "improve," depending on how you're invested).

There's no way around it: If you want to live downtown in the big city today, you will have to pay through the nose.

Increasingly, we are finding there are a lot of people who do not wish to do so - and that's the key to the shares I'm going to tell you about right now...

Why Trade Talks at the 2018 G20 Summit Are Already Doomed

by

With indexes trading in the red for 2018, investors are looking for any bit of good news to bolster markets and pad their portfolios.

That's why Wall Street is paying close attention to the upcoming G20 summit, an annual meeting between the world's 20 largest economic players.

Both the United States and China are expected to use this year's G20 summit as an opportunity to jump-start trade negotiations and bring the ongoing trade war to a close - a development that would serve as a boon for markets.