Current Financial News

Negative Nancy Index 2010The bulls can't run forever as there is always Chaos awaiting in the shadows. Just when you think your precious equities will run forever the market will topple and fall while only the inverse ETFs and short positions will reap the benefits. Stop fooling yourself, there's one million reasons to believe a market correction is upon us.

Thus fellow Masters, join chaos and evil, welcome the Negative Nancy Index for 2010. (QID, FXP, DGZ, DUG, VXX)

Stocks: Time to Exit while we are at the Top?

Bull Wall St Stockmasters Logo

Time to ring the register.

Nothing worse than getting caught with your pants down. When it comes to your money and the average investor we all pay the price when we don't sell before a correction. Volatility just spiked and the political landscape is sketchy.

Doughnuts, Mmm (Homer)

KKD shares are no longer around to bounce from this news

Just when you think you can plan a quick trade, you find out that stock is no longer actionable. Krispy Kreme which used to trade under the ticker KKD was acquired May 2016. At least you can still score a free doughnut.

Steel Stocks Jump Higher with Trump

Steel

Trump says only American Steel will be used on pipelines

President Trump signed orders for the Keystone XL Pipeline and Dakota Access Pipeline. To sweeten the deal for the United States he signed a separate action requiring that the steel used in the pipelines be made in the United States. "Going to put a lot of workers, a lot of steelworkers, back to work," he said.

DryShips: $5 to $1 stock in 30 past days

DryShips Inc - Picture by Bidness Etc

DRYS is a falling knife, sinking ship, and more.

DryShips Inc (DRYS) was $5 on Dec 23 2016 compared to today's price of $1.16 - another 52-week low. Shares of DRYS are down 76% in the past month and shareholders are wondering where is the bottom?

AXIM BioTech

We just noticed some marijuana stocks and this one is winning.

Axim Biotechnologies Inc (OTCMKTS:AXIM) is up 30% today. We noticed this stock on Tuesday when it was rallying 25% amongst the Marijuana Stocks to add to your radar in 2017.  Well it's a winner this week.

Chipotle Shares Holding $400 Level

Chipotle Mexican Grill, Inc. (CMG)

Burrito stock holding its own after being down much of last year.

Chipotle Mexican Grill (NYSE:CMG) has found some recent strength as of 2017 staying above $400 on pipe dreams the business is recovering from its highly reported E. Coli disaster. The question now becomes will the anaysts covering the stock come to the rescue and support a $400+ price target?

Marijuana Stocks to add to your radar in 2017

$100 Bill - U.S. Currency

Blaze up and cash in.

First off there are no 'safe' marijuana stocks, you take a risk buying the majority of these stocks as they trade OTC.  SeekingAlpha has dude who has compiled 230 'marijuana stocks. MarijuanaStocks.com is the most searched and referenced site that covers these securities.  

Apple Shares Holding Steady

Apple Inc - Large Logo

Another win for AAPL

The year is just getting started and Apple Inc (AAPL) shares are already up 3%. It's a trend that will most likely continue in 2017.