Doc’s note: For months, my friend and colleague Steve Sjuggerud has told his DailyWealth readers that stocks are in the middle of a “Melt Up” that could lead investors to enormous gains. Today, he’s sharing why he nearly went broke during his first Melt Up, what he learned, and how he can help you can keep your gains safe this time. In 1993, I saw my first Melt Up take place… I was a young stockbroker back then. I lived and worked in…
We invest to make money. At the very least, we invest to protect our purchasing power against inflation. (Earning 0.5% in a savings account just doesn’t do much.) And of course, more than anything, we don’t want to lose money. That’s why we’ve followed Nassim Nicholas Taleb for years. His best-selling book, The Black Swan: The Impact of the Highly Improbable, explained how financial markets could contain hidden, unpredictable risks. In his book Fooled by Randomness, he started modeling different types of traders…
Last night, I aired my first ever Trading Master Class. Thousands of people watched while I taught real readers – like you – my strategy that is designed to transform any stock into a potential triple-digit winner in a matter of just a few weeks. During the event, we were flooded with hundreds of questions. I wish I could have answered everyone. So today, we’re dedicating this issue to answering some of the questions you’ve sent us about this strategy. And if you…
I hope you were listening… If you were, you could have made 12% in two months – with little risk. You see, back in April, I told you about an opportunity that was so obvious to me that I was willing to go on the record and say that this stock “was going to at least double over the coming months.” The stock I was so confident in was private-equity firm Blackstone (BX). I bet that Blackstone, a master limited partnership (“MLP”), was going…