2017 was a banner year. The stock market, as measured by the S&P 500 rallied 19.4% year-to-date, and it did so without so much as a hiccup. We’re now heading into the ninth year of this bull market, and at 3,219 days and a 300%-plus total return since the market… Read More

The stock market is a tricky beast. It seems to wildly reward some investors while others struggle to turn a consistent profit.  It almost appears that winning investors possess some magical or psychic ability to earn long-term wealth from the fickle stock market. Even in massive bull runs like last… Read More

You don’t need me to tell you it’s been a good year in the market. As I write this, the S&P 500 has rallied 21.5% year-to-date. A truly remarkable return for what is now the second-longest bull market in history. As a reader of StreetAuthority Daily, you’ve likely been enjoying the ride right alongside thousands of like-minded investors who’ve benefitted from the bull market (and our experts’ picks). —Sponsored Link— You Know What You Want To keep more of your own money. Make better than average returns… and fewer mistakes. VectorVest makes it easy to… Read More

You don’t need me to tell you it’s been a good year in the market. As I write this, the S&P 500 has rallied 21.5% year-to-date. A truly remarkable return for what is now the second-longest bull market in history. As a reader of StreetAuthority Daily, you’ve likely been enjoying the ride right alongside thousands of like-minded investors who’ve benefitted from the bull market (and our experts’ picks). —Sponsored Link— You Know What You Want To keep more of your own money. Make better than average returns… and fewer mistakes. VectorVest makes it easy to make better decisions. To stay in control as the markets move up and down, with at-a-glance guidance on what and when to buy, sell and hold. Analyze any stock free. Get your free report. Now, with all that said, I want to do something important before we flip the calendar to 2018. I want to take this opportunity to hear straight from our premium experts and what they have to say about 2017 in their newsletters — what worked, what didn’t, and what they are advising their readers to expect in 2018.  Let’s get to it…… Read More

No sooner had the new tax cuts been signed and companies were already making big announcements on how they were going to drive growth and earnings in the new era of lower corporate rates. Boeing announced a $300 million boost to employee training, workplace infrastructure and other programs. AT&T made headlines with a $1,000 bonus for more than 200,000 of its employees. Many of the announcements centered on worker bonuses and wages. Both Fifth Third Bancorp and Wells Fargo announced they would be increasing the minimum wage to $15 an hour for all employees. Fourth-quarter earnings could bring a wave… Read More

No sooner had the new tax cuts been signed and companies were already making big announcements on how they were going to drive growth and earnings in the new era of lower corporate rates. Boeing announced a $300 million boost to employee training, workplace infrastructure and other programs. AT&T made headlines with a $1,000 bonus for more than 200,000 of its employees. Many of the announcements centered on worker bonuses and wages. Both Fifth Third Bancorp and Wells Fargo announced they would be increasing the minimum wage to $15 an hour for all employees. Fourth-quarter earnings could bring a wave of these programs when they begin late January, but the early announcements may signal a turning point in the economy, one several years in the making. #-ad_banner-#Besides resolutions and holiday bills, the new year could bring higher wages for many, and I’ve found three sectors that could see outsized gains. Who Cares Where Wage Growth Comes From? More than 30 companies have already come out publicly to announce plans related to the new tax cuts. Most have involved share buybacks funded with the potential cash flow, but many have talked up higher wages and investments in workers.  It’s not… Read More

“Is it a bubble?”  This is an essential question that investors in any fast-rising market or sharply rallying asset should ask themselves. Unfortunately, it’s much easier to answer this question in retrospect; one could argue that, if a bubble were visible from up close, it would lose its appeal to investors — and burst as a result.  —Sponsored Link— Top 3 California Pot Stocks To Watch For The Biggest Gains On January 1, California will completely legalize cannabis for medical and recreational use — promising to spark a $20.2 BILLION industry in the Golden State… Read More

“Is it a bubble?”  This is an essential question that investors in any fast-rising market or sharply rallying asset should ask themselves. Unfortunately, it’s much easier to answer this question in retrospect; one could argue that, if a bubble were visible from up close, it would lose its appeal to investors — and burst as a result.  —Sponsored Link— Top 3 California Pot Stocks To Watch For The Biggest Gains On January 1, California will completely legalize cannabis for medical and recreational use — promising to spark a $20.2 BILLION industry in the Golden State alone. By getting in on the ground floor of this exceptional opportunity, you could have the chance to pocket life-changing windfalls thanks to this historic event. And one pot stock expert has his sights set on three stocks he expects to skyrocket following this crucial announcement. Get the details here. Regardless of whether warning signs are visible, an unraveling bubble is a difficult pill to swallow. So, if asking the right questions can help prevent a bubble from getting bigger, we should keep doing so. And if it’s not a bubble, even better; besides a missed… Read More

It’s no secret that businesses want your e-mail. It’s the holy grail of marketing today — especially for every fly-by-night outfit advertising on social media. You see, if a business can get your e-mail, they can begin an almost scientific process of turning you into a paying customer.  They do this by offering some free report or trial offer. And once you take the bait and provide your e-mail, they enter your e-mail address into a sales funnel. Here, they automatically send you an e-mail every few days trying to get you to read or listen to a long sales… Read More

It’s no secret that businesses want your e-mail. It’s the holy grail of marketing today — especially for every fly-by-night outfit advertising on social media. You see, if a business can get your e-mail, they can begin an almost scientific process of turning you into a paying customer.  They do this by offering some free report or trial offer. And once you take the bait and provide your e-mail, they enter your e-mail address into a sales funnel. Here, they automatically send you an e-mail every few days trying to get you to read or listen to a long sales letter. This sales letter is an attempt to sell you a high-priced product or service. And the process couldn’t be easier. The business offers their product or service, and then at the end of the pitch, they offer a bunch of freebies to sweeten the deal.  You know the process. “Buy my $100 book and you’ll get five BONUS reports giving you secrets that only my customers know.” And believe it or not, this funnel system works. #-ad_banner-#In fact, research shows that once an e-mail address is entered into a sales funnel, it takes roughly 45 days to make that… Read More

Have you ever wanted to own and manage your own champion NBA team? Or maybe you were into politics and dreamt of one day ruling over the greatest nation on earth?  Maybe you’re the type who dreams of saving humanity from natural disasters… or piloting your starship to alien galaxies and ward off evil.  —Sponsored Link— Want To Invest In Weed And Don’t Know Where To Start? Well over half of the country already has marijuana legally available in some form. Eight states plus our nation’s capital have made it completely legal to anyone over… Read More

Have you ever wanted to own and manage your own champion NBA team? Or maybe you were into politics and dreamt of one day ruling over the greatest nation on earth?  Maybe you’re the type who dreams of saving humanity from natural disasters… or piloting your starship to alien galaxies and ward off evil.  —Sponsored Link— Want To Invest In Weed And Don’t Know Where To Start? Well over half of the country already has marijuana legally available in some form. Eight states plus our nation’s capital have made it completely legal to anyone over the age of 21. And now with the recent marijuana legislation in Canada, the marijuana stock market is preparing to take off. Watch this short video and see whether jumping on this moon-bound stock rocket is right for you. When I was a kid, these daydreams were the sparks that excited the mind of many a geek like me (and maybe a few of the cool kids). Back then, 8-bit primitive video games helped feed these fantasies. Unfortunately, the games were rudimentary and usually required a trip to the local arcade — along with a healthy… Read More

In 1956, geologist M. King Hubbert came up with what seemed to be an accurate prediction of “peak oil”, a theory regarding the maxing out of U.S. oil production that goes back to 1919, using statistical modeling. Hubbert projected that U.S. oil production would peak between 1965 and 1971. With the onset of the 1973 Arab Oil Embargo and ensuing energy crisis, Hubbert’s theory seemed dead on, mainly due to the United States’ dependence on imported oil increasing during the latter part of the 20th century. But here’s what really happened. The red line shows Hubbert’s… Read More

In 1956, geologist M. King Hubbert came up with what seemed to be an accurate prediction of “peak oil”, a theory regarding the maxing out of U.S. oil production that goes back to 1919, using statistical modeling. Hubbert projected that U.S. oil production would peak between 1965 and 1971. With the onset of the 1973 Arab Oil Embargo and ensuing energy crisis, Hubbert’s theory seemed dead on, mainly due to the United States’ dependence on imported oil increasing during the latter part of the 20th century. But here’s what really happened. The red line shows Hubbert’s prediction. The green line represents actual U.S. oil production. Hubbert’s “Oilmageddon” never happened thanks to the shale revolution.  And the effect on the price of oil? We know that story from visiting the pumps.  #-ad_banner-#The price of West Texas Intermediate crude (WTI) has declined nearly 62% in the last decade. Has demand dropped off? Hardly. But supply and the ability to efficiently manage the supply has changed dramatically. Never say never, but the odds don’t favor the price of oil reaching triple digits any time soon, at least not in my lifetime — and I think… Read More

A joint committee from the House and Senate has agreed on a reconciled tax proposal that combines the two packages from each chamber.  While stocks have jumped more than 5% since mid-November in anticipation of the new tax package, a look at individual industries shows there may still be time to position ahead of the companies that stand to disproportionately benefit. Besides lowering the overall corporate tax rate, the bill includes several other key proposals that could drive corporate earnings for 2018 and beyond. That means some industries and even specific companies could see an even… Read More

A joint committee from the House and Senate has agreed on a reconciled tax proposal that combines the two packages from each chamber.  While stocks have jumped more than 5% since mid-November in anticipation of the new tax package, a look at individual industries shows there may still be time to position ahead of the companies that stand to disproportionately benefit. Besides lowering the overall corporate tax rate, the bill includes several other key proposals that could drive corporate earnings for 2018 and beyond. That means some industries and even specific companies could see an even bigger boost.  In fact, three components of the new tax deal caught my eye as particularly beneficial, and I’m using them to rebalance my own portfolio. #-ad_banner-#​Broad Changes In The New Tax Bill The broadest change in the new tax package is the reduction in the corporate tax rate from 35% to 21% starting next year. Companies would pay a 15.5% rate on foreign income held as cash or an 8% rate on income invested in property or equipment. Owners of pass-through businesses will be allowed to deduct 20% from their business income before paying taxes at their personal… Read More