Thankful for Greed
This week is supposed to be about giving thanks for what you have…
But right now, Wall Street is looking to grab as much as it can as quickly as possible.
While we don’t necessarily agree with the sentiment, we also can’t ignore the profit opportunities it creates.
So in a minute, I’ll tell you what’s fueling investors’ greed — and how you could build your wealth by tapping into it.
First, though, let’s look at our Top Stories and the Reader Forum.
Your Top Stories & Analysis of the Week:
- “Do NOT Surrender (Your Portfolio)'' (Daily Reckoning, Greg Guenthner): The sudden surge in stocks has taken a lot of investors by surprise. But if you loaded up on bearish bets, you still have time to score some oversized gains during this rally. Greg fully admits we’re in a “melt-up,” with stocks only rising because of fear of missing out. That doesn’t mean you should sit on the sidelines, though. He tells you where you could see the biggest returns through the holiday season. (And look for in-depth analysis from Greg tomorrow — details below!)
- “Fugger the Rich” (Daily Reckoning, Sean Ring): Sean’s YouTube interview with German economist Thorsten Polleit reminded him of one of history’s lesser-known luminaries. Using a combination of ambition, innovation and strategic mastery of business and politics, this medieval German merchant became one of the richest men in all of history. In fact, he pioneered much of the modern financial system… and his influence is still with us today. Sean looks into the life of this man who was clearly ahead of his time.
- “Monthly Mastermind: Harnessing AI’s Predictive Power” (Altucher's Investment Network, James Altucher): Medicine and investing are two of the most promising applications for artificial intelligence (AI). So James recently discussed both with Igor Tulchinsky and Chris Mason, authors of The Age of Prediction: Algorithms, AI and the Shifting Shadows of Risk. The conversation ranges from how AI may finally help us cure cancer for good to how it can help you get ahead of impending stock moves. While the interview was created for Altucher’s Investment Network members, I think everyone can benefit from these pioneer’ AI insights. So I unlocked both the video and transcript for you.
Remember, we publish tens to HUNDREDS of stories. The write-ups and presentations above are our TOP ones for the week — including one that had been roped off from the public. If you want to stay ahead of the pack, make sure you’re caught up now.
And if you’d like to nominate any of our stories for next week’s “Top 3,” just let me know at firstname.lastname@example.org.
The Reader Forum:
I don’t know how, but you’ve managed to package an unbiased analysis that is more entertaining than the sensationalized segment of economic and financial news. Thank you for your efforts to be the signal and not the noise.
The great thing about our YouTube channel is that it’s available to everyone — so I have no idea if this viewer gets our Concierge Letter.
Still, it embodies exactly what we’re trying to accomplish… offering our independent thoughts and research in an engaging way. Feedback like this lets us know we’re on the right track. I look forward to sharing this with everyone at Paradigm!
Next up is a comment from our video featuring Byron King’s “Three BIG Reasons Gold Will Hit $3,000”:
I just really enjoy Byron's wisdom and his common sense delivery/communication style. Feels like a wise and unpretentious mentor.
Again, we’re not sure if this viewer gets to hear from Byron in Jim Rickards’ Strategic intelligence… Sean Ring’s Rude Awakening… Zach Scheidt’s Lifetime Income Report… or anywhere else Bryon’s analysis appears.
But we do know that Byron is one of our most popular analysts for a reason — and our YouTube videos let his personality shine through loud and clear.
So feel free to let your friends and family know about these free interviews. We’re really looking forward to expanding our community.
Finally for today, while we’re encouraged by the compliments we receive, I’m also happy to answer your questions whenever I can.
For example, Melissa S. just joined Zach Scheidt’s Income Alliance and wants to know:
Does a text message go out with an alert to take action, or should we be more actively following them?
Welcome aboard, Melissa, and thanks for writing in.
Most of our services can send you a text message whenever they put out a new trade recommendation. You need to sign up to receive them, however.
Just scroll down to the bottom of our emails and look for this:
(Each service has its own unique link.)
But every one on our team is constantly monitoring their open recommendations. So while it’s always a good idea to keep an eye on your trades, too, you can expect them to let you know when you need to make a move.
And that wraps up this Reader Forum.
Remember, your feedback is vital to our success… so please email me at email@example.com.
Questions? I’ll get answers! Comments? Let me hear them! Problems? I’ll try to solve them!
This is YOUR forum!
(And remember, for customer service issues, use our contact page.)
Now, here’s what’s happening around the water cooler this week…
The Water Cooler — Upcoming Events and More
When the market rally started fizzling over the summer, investors went into “safe mode.”
They put their money into things they perceive as low risk — including “too-big-to-fail” stocks.
As I’ve explained before, the focus on well-known companies is the only reason the major indexes held up at all. Without them, the market’s losses would have been far greater.
In fact, compared to the high-fliers, just about every other stock’s return so far this year has looked mediocre at best.
Now that entire attitude has shifted. Inflation came in tamer than expected, so Wall Street thinks the Federal Reserve’s next step is to cut interest rates.
I explained the problems with this thinking in last week’s Concierge Letter.
Still, as our Alan Knuckman always says, “trade what you see, not what you feel.”
So while most of our team feels that overconfident investors are making a mistake, they also see plenty of profit opportunities on the horizon.
That’s because there’s suddenly a lot more interest in speculative investments — the kind of trades people are afraid to put on while in “safe mode.”
Wall Street calls it a “risk-on” environment.
Luckily, you don’t have to agree with the sentiment to try to profit from it.
In fact, tomorrow, we’re launching a new service to help you navigate the risk-on world.
Every Tuesday at 11 a.m. ET, our Greg Guenthner will sit down with Paradigm Press Publisher Matt Insley to share his Top Trades Today.
And that’s not all…
Just before Thanksgiving, James Altucher will share exciting details about his AI-powered trading system.
It uses sophisticated algorithms to scan the markets for pockets of greed that human analysts easily overlook.
With this information in hand, you can invest alongside the “smart money” for a chance at quick triple-digit gains or more.
Expect more information soon.
So that’s two ways for you to take advantage of Wall Street’s risk-on attitude — giving you an opportunity to build your wealth off other’s greed.
After all, you can be thankful for everything you have… and still be a little greedy, too.
I hope you and your family have a wonderful Thanksgiving.