Archives for July 2019

July 2019 - Page 5 of 16 - Money Morning - Only the News You Can Profit From

The Price of Silver Is at the Start of a Historic Bull Run

The price of silver went straight up since last week. In fact, it just launched into a major breakout, surging to a new yearly high of $16.45 an ounce. And it's only getting started. You see, it's often when an asset is nearly universally despised that it can begin a massive new bull market. A […]

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The Dow Jones Today Will Get a Boost from the Federal Budget Deal

The Dow Jones today is gaining as Congress has reached a deal to extend the U.S. debt ceiling for another two years.

President Trump announced the deal Monday night on Twitter and commended Senate Majority Leader Mitch McConnell, Senate Minority Leader Chuck Schumer, Speaker of the House Nancy Pelosi, and House Minority Leader Kevin McCarthy.

The new deal suspends the debt ceiling through July 2021 and permanently end the sequester that would see automatic cuts in January.

Here’s the Truth About Those Big Bank Earnings Beats

Earnings season is now in high gear, and as I predicted last week, the numbers are coming in stronger than the pundits expected.

That was definitely the case with the big banks last week; Goldman Sachs blew the doors off Wall Street's expectations, posting earnings of $5.81 versus the $4.89 analysts had on the board. JPMorgan posted earnings of $2.82 versus estimates of $2.50.

JPMorgan's CEO, Jamie Dimon, noted "positive momentum with the U.S. consumer – healthy confidence levels, solid job creation, and rising wages."

Now, it's certainly true the consumer is stronger than the headlines suggest. That's a truth we talk about frequently.

But that's not the real story…

The truth is something you and I and just about every American know deep down: There are some significant challenges facing U.S. consumers right now.

I'm talking about very real inflation – the existence of which the Fed has denied for years now – and the ever-increasing levels of consumer debt out there.

The two are related, despite what you might hear coming out of Washington and Wall Street.

Let me show you what's really happening here - and a stock you can buy to both profit and protect yourself...

Best Cybersecurity Stocks to Buy in 2019

Cybercrimes are growing every year.

In fact, with $6 trillion in cybercrimes on the line (according to Cybersecurity Ventures), cybersecurity is more important now than ever.

That’s why we’re bringing you the best cybersecurity stocks to buy in 2019.

You don’t want to miss out on this $248 billion opportunity.

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