Blockpool (BPL) Price Up 1.7% Over Last Week

Blockpool (CURRENCY:BPL) traded down 0.3% against the U.S. dollar during the one day period ending at 19:00 PM E.T. on July 21st. One Blockpool coin can now be bought for $0.0785 or 0.00001059 BTC on popular cryptocurrency exchanges including COSS and Cryptopia. Over the last seven days, Blockpool has traded 1.7% higher against the U.S. dollar. Blockpool has a market capitalization of $1.75 million and $48.00 worth of Blockpool was traded on exchanges in the last 24 hours.

Here’s how related cryptocurrencies have performed over the last 24 hours:

Get Blockpool alerts: EOS (EOS) traded up 3% against the dollar and now trades at $8.13 or 0.00109705 BTC. Ark (ARK) traded 3.3% higher against the dollar and now trades at $1.37 or 0.00018532 BTC. High Performance Blockchain (HPB) traded 1.9% higher against the dollar and now trades at $2.29 or 0.00030906 BTC. Credits (CS) traded up 3.8% against the dollar and now trades at $0.22 or 0.00002993 BTC. Oxycoin (OXY) traded up 7.7% against the dollar and now trades at $0.0831 or 0.00001121 BTC. Lamden (TAU) traded 3.8% lower against the dollar and now trades at $0.0573 or 0.00000773 BTC. ALAX (ALX) traded 3.3% higher against the dollar and now trades at $0.0189 or 0.00000255 BTC. Rise (RISE) traded 1.2% lower against the dollar and now trades at $0.0413 or 0.00000557 BTC. Local World Forwarders (LWF) traded 6.3% lower against the dollar and now trades at $0.0347 or 0.00000468 BTC. BitWhite (BTW) traded 2.5% higher against the dollar and now trades at $0.0272 or 0.00000367 BTC.

Blockpool Coin Profile

Blockpool (CRYPTO:BPL) is a coin. It was first traded on March 21st, 2017. Blockpool’s total supply is 25,264,095 coins and its circulating supply is 22,293,890 coins. Blockpool’s official website is www.blockpool.io. Blockpool’s official Twitter account is @blockpoolio and its Facebook page is accessible here. The Reddit community for Blockpool is /r/blockpool and the currency’s Github account can be viewed here. Blockpool’s official message board is www.medium.com/blockpool.

Blockpool Coin Trading

Blockpool can be bought or sold on the following cryptocurrency exchanges: COSS and Cryptopia. It is usually not possible to buy alternative cryptocurrencies such as Blockpool directly using US dollars. Investors seeking to acquire Blockpool should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Blockpool using one of the aforementioned exchanges.

Best Casino Stocks To Buy Right Now

tags:PRCP,KIM,LITB,MPO,NRZ,

Yesterday afternoon it was announced that Small Cap Network featured stock Patriot One Technologies (OTCQB: PTOTF, TSX: PAT.V) would be partnering with SENGEX Partners at the ASIS International 2017 Security Symposium in Dallas, Texas later this month. The ASIS 2017 conference program will address the most pressing priorities and issues for security management professionals. It also features notable Keynote Speakers former President George W. Bush, Dallas Maverick's owner Mark Cuban, and Bonnie Michelman, Executive Director of Police, Security and Outside Services at Massachusetts General Hospital.

Patriot One Technologies' PATSCAN�� concealed weapons detection system is a first-of-its-kind Cognitive Microwave Radar concealed weapons detection system, designed as an effective tool to combat active shooter threats before they occur. Company sales efforts for the PATSCAN currently focus on markets including houses of worship, academic institutions, event centers, casinos, commercial offices, hotel properties, government agencies and other locations at high risk of terrorist attack. Orders have been received from locations spanning four continents, and new territorial opportunities are opening as reseller influence grows.

Best Casino Stocks To Buy Right Now: Perceptron, Inc.(PRCP)

Advisors' Opinion:

• [By Shane Hupp]

  Topcon (OTCMKTS: TOPCF) and Perceptron (NASDAQ:PRCP) are both small-cap business services companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, analyst recommendations, profitability, risk, earnings, dividends and valuation.

• [By Stephan Byrd]

  Perceptron (NASDAQ: PRCP) and II-VI (NASDAQ:IIVI) are both computer and technology companies, but which is the superior business? We will compare the two businesses based on the strength of their valuation, profitability, earnings, dividends, institutional ownership, analyst recommendations and risk.

• [By Ethan Ryder]

  Perceptron (NASDAQ: PRCP) and CyberOptics (NASDAQ:CYBE) are both small-cap computer and technology companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, analyst recommendations, profitability, risk, earnings, dividends and valuation.

Best Casino Stocks To Buy Right Now: Kimco Realty Corporation(KIM)

Advisors' Opinion:

• [By Paul Ausick]

  Kimco Realty Corp. (NYSE: KIM) fell by about 3.5% Tuesday to post a new 52-week low of $13.69 after closing at 14.19 on Monday. The 52-week high is $23.03. Volume of around 4.2 million was about 25% below the daily average. The company had no specific news Tuesday.

• [By Ethan Ryder]

  Northern Trust Corp boosted its position in shares of Kimco Realty (NYSE:KIM) by 2.4% during the first quarter, HoldingsChannel.com reports. The firm owned 7,109,056 shares of the real estate investment trust’s stock after buying an additional 163,285 shares during the quarter. Northern Trust Corp’s holdings in Kimco Realty were worth $102,370,000 at the end of the most recent quarter.

• [By Joseph Griffin]

  Shares of Kimco Realty Corp (NYSE:KIM) have earned an average recommendation of “Hold” from the eighteen research firms that are covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, twelve have issued a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $18.10.

• [By Joseph Griffin]

  Traders sold shares of Kimco Realty Corp (NYSE:KIM) on strength during trading on Thursday. $14.23 million flowed into the stock on the tick-up and $28.43 million flowed out of the stock on the tick-down, for a money net flow of $14.20 million out of the stock. Of all companies tracked, Kimco Realty had the 33rd highest net out-flow for the day. Kimco Realty traded up $0.49 for the day and closed at $17.40

Best Casino Stocks To Buy Right Now: LightInTheBox Holding Co., Ltd.(LITB)

Advisors' Opinion:

• [By Logan Wallace]

  News stories about Lightinthebox (NYSE:LITB) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Lightinthebox earned a daily sentiment score of 0.04 on Accern’s scale. Accern also gave news headlines about the technology company an impact score of 46.3507616645709 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Best Casino Stocks To Buy Right Now: Midstates Petroleum Company, Inc.(MPO)

Advisors' Opinion:

• [By Ethan Ryder]

  News stories about Midstates Petroleum (NYSE:MPO) have been trending somewhat positive on Tuesday, Accern reports. The research group identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Midstates Petroleum earned a news impact score of 0.25 on Accern’s scale. Accern also assigned headlines about the energy producer an impact score of 45.5617713297556 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

• [By Shane Hupp]

  These are some of the news articles that may have effected Accern’s analysis:

  Get Midstates Petroleum alerts: Centerbridge Credit Partners M Sells 109,893 Shares of Midstates Petroleum (MPO) Stock (americanbankingnews.com) Midstates Petroleum (MPO) Major Shareholder Centerbridge Credit Partners M Sells 171,200 Shares (americanbankingnews.com) Midstates Petroleum (MPO) CAO Richard Wayne Mccullough Sells 3,170 Shares (americanbankingnews.com) Midstates Petroleum (MPO) Director Michael Reddin Purchases 10,100 Shares (americanbankingnews.com) Midstates Petroleum (MPO) CEO David J. Sambrooks Acquires 15,300 Shares (americanbankingnews.com)

  A number of research firms recently commented on MPO. TheStreet downgraded shares of Midstates Petroleum from a “c-” rating to a “d” rating in a research report on Wednesday, March 14th. ValuEngine downgraded shares of Midstates Petroleum from a “hold” rating to a “sell” rating in a research report on Thursday, March 1st.

• [By Stephan Byrd]

  Press coverage about Midstates Petroleum (NYSE:MPO) has trended somewhat positive this week, according to Accern. The research firm ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Midstates Petroleum earned a daily sentiment score of 0.03 on Accern’s scale. Accern also assigned news headlines about the energy producer an impact score of 46.005644497441 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Best Casino Stocks To Buy Right Now: New Residential Investment Corp.(NRZ)

Advisors' Opinion:

• [By Joseph Griffin]

  New Residential Investment (NYSE: NRZ) and Paramount Group (NYSE:PGRE) are both mid-cap finance companies, but which is the superior investment? We will contrast the two companies based on the strength of their earnings, profitability, analyst recommendations, dividends, institutional ownership, valuation and risk.

• [By ]

  New Residential Investment Corp (NYSE: NRZ)
  Officially classified as a mortgage real estate investment trust (REIT), NRZ is not typical of its category. The company focuses on investing in the mortgage servicing rights (MSR) portion of the actual mortgage. The monthly MSR is built into the mortgage payment and comes to roughly 30 basis points (0.003%) of the principal mortgage amount annually. NRZ owns the MSR, pays a third party 6 basis points (bps) to physically service the mortgage, and keeps the 24 bps excess.

• [By Max Byerly]

  Here are some of the media stories that may have impacted Accern’s analysis:

  Get New Residential Investment alerts: On your bad day this might appear as a lifeline: New Residential Investment Corp. (NRZ) (fintelegraph.com) EPS Evaluation �� New Residential Investment Corp (NYSE: NRZ) (stocksmarketcap.com) Active Stock Evaluation �� New Residential Investment Corp. (NYSE: NRZ) (financerater.com) New Residential Investment Corp. (NRZ): Technical Indicators: (stockquote.review) What Do Analysts’ Recommend? �� New Residential Investment Corp. (NYSE:NRZ) (nasdaqjournal.com)

  Shares of New Residential Investment opened at $18.10 on Monday, Marketbeat.com reports. New Residential Investment has a 1-year low of $15.04 and a 1-year high of $18.43. The stock has a market cap of $6.08 billion, a price-to-earnings ratio of 6.40 and a beta of 0.90.

• [By Joseph Griffin]

  Royal Bank of Canada boosted its stake in shares of New Residential Investment Corp (NYSE:NRZ) by 144.9% in the first quarter, HoldingsChannel reports. The institutional investor owned 831,287 shares of the real estate investment trust’s stock after purchasing an additional 491,807 shares during the period. Royal Bank of Canada’s holdings in New Residential Investment were worth $13,675,000 at the end of the most recent quarter.

Top Gold Stocks To Buy For 2019

tags:CME,NXG,ORE,NGD,

Deutsche Bank restated their hold rating on shares of Legal & General (LON:LGEN) in a research note released on Friday morning. Deutsche Bank currently has a GBX 305 ($4.09) price objective on the financial services provider’s stock.

A number of other research analysts have also recently issued reports on LGEN. Barclays decreased their price target on shares of Legal & General from GBX 294 ($3.94) to GBX 290 ($3.89) and set an overweight rating for the company in a report on Thursday, February 1st. Goldman Sachs Group reaffirmed a sell rating and issued a GBX 210 ($2.82) price target on shares of Legal & General in a report on Tuesday, February 20th. Citigroup reiterated a buy rating and issued a GBX 306 ($4.11) price objective on shares of Legal & General in a research note on Monday, February 26th. Numis Securities upgraded shares of Legal & General to an add rating and increased their price objective for the stock from GBX 125 ($1.68) to GBX 305 ($4.09) in a research note on Thursday, March 8th. Finally, JPMorgan Chase & Co. reiterated an underweight rating and issued a GBX 218 ($2.92) price objective on shares of Legal & General in a research note on Thursday, March 8th. Five investment analysts have rated the stock with a sell rating, four have given a hold rating and eight have given a buy rating to the stock. Legal & General has an average rating of Hold and an average price target of GBX 277.93 ($3.73).

Top Gold Stocks To Buy For 2019: CME Group Inc.(CME)

Advisors' Opinion:

• [By ]

  Sure, I will invest more in certain high-confidence picks than others, but without going overboard. This might limit the impact from a triple-digit winner in my High-Yield Investing portfolio, such as CME Group (Nasdaq: CME), where we are showing a 156% gain at last count, but it will also soften the blow from a laggard.

• [By Motley Fool Staff]

  CME Group (NASDAQ:CME) Q1 2018 Earnings Conference CallApril 26, 2018 8:30 a.m. ET

  Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:

  Operator

• [By Joseph Griffin]

  Cashme (CURRENCY:CME) traded 8.3% higher against the U.S. dollar during the 24 hour period ending at 10:00 AM ET on April 22nd. During the last seven days, Cashme has traded up 0.8% against the U.S. dollar. One Cashme coin can now be purchased for about $0.0003 or 0.00000003 BTC on popular exchanges. Cashme has a market capitalization of $0.00 and $505.00 worth of Cashme was traded on exchanges in the last day.

• [By ]

  Chicago Mercantile Exchange (CME) : "That's an ideal stock for this market. I like the choice."

  Aqua America (WTR) : "This is not the stock for a hot economy, even though this is a well-run company."

• [By Max Byerly]

  Deutsche Boerse (OTCMKTS: DBOEY) and CME Group (NASDAQ:CME) are both large-cap finance companies, but which is the better investment? We will compare the two companies based on the strength of their valuation, institutional ownership, profitability, earnings, dividends, risk and analyst recommendations.

Top Gold Stocks To Buy For 2019: Northgate Minerals Corporation(NXG)

Advisors' Opinion:

• [By Shane Hupp]

  Shares of NEX Group PLC (LON:NXG) have been given an average rating of “Hold” by the nine ratings firms that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is GBX 696 ($9.21).

Top Gold Stocks To Buy For 2019: Orezone Gold Corp (ORE)

Advisors' Opinion:

• [By Jim Robertson]

  Finally, Richard Seville, the CEO of Brisbane-based Orocobre Ltd (ASX: ORE) which began lithium sales in 2015 from northern Argentina and also experienced difficulty boosting output, commented that an ��inability to access traditional funds has delayed the development of the sector�� and that ��these projects aren��t easy -- so the banks just don��t want to go there.��

• [By Stephan Byrd]

  Galactrum (ORE) is a PoW/PoS coin that uses the
  Lyra2RE hashing algorithm. It launched on November 11th, 2017. Galactrum’s total supply is 2,092,679 coins and its circulating supply is 1,372,679 coins. Galactrum’s official Twitter account is @galactrum. Galactrum’s official website is galactrum.org.

Top Gold Stocks To Buy For 2019: NEW GOLD INC.(NGD)

Advisors' Opinion:

• [By Paul Ausick]

  New Gold Inc. (NYSEAMERICAN: NGD) dropped about 2.9% Monday to post a new 52-week low of $2.35. Shares closed at $2.42 on Friday and the stock’s 52-week high is $4.25. Volume was about 10% below the daily average of around 5.8 million shares. The gold mining company had no news.

• [By Paul Ausick]

  New Gold Inc. (NYSEAMERICAN: NGD) dropped about 3.8% Thursday to post a new 52-week low of $2.28. Shares closed at $2.37 on Wednesday and the stock’s 52-week high is $4.25. Volume was about 15% below the daily average of around 5.9 million shares. The company had no specific news.

• [By Paul Ausick]

  New Gold Inc. (NYSEAMERICAN: NGD) dropped about 1.9% Tuesday to post a new 52-week low of $2.09. Shares closed at $2.13 on Monday and the stock’s 52-week high is $4.25. The junior gold miner had no specific news.

• [By Lisa Levin] Gainers ARMO BioSciences, Inc. (NASDAQ: ARMO) shares rose 67.5 percent to $49.96 in pre-market trading after Eli Lilly and Company (NYSE: LLY) announced plans to acquire ARMO BioSciences for $50 per share. Turtle Beach Corporation (NASDAQ: HEAR) rose 62.8 percent to $11.30 in pre-market trading after the company reported Q1 results and raised its FY18 outlook. vTv Therapeutics Inc. (NASDAQ: VTVT) rose 23.4 percent to $2.11 in pre-market trading following announcement that the company will pre-specify new subgroup with the FDA and report Phase 3 Part B results in June. Resonant Inc. (NASDAQ: RESN) rose 19.1 percent to $5.00 in pre-market trading after reporting Q1 results. RXi Pharmaceuticals Corporation (NASDAQ: RXII) rose 17.7 percent to $2.39 in pre-market trading following Q1 results. Clean Energy Fuels Corp. (NASDAQ: CLNE) rose 15.2 percent to $2.20 in pre-market trading after French company Total announced plans to acquire 25 percent stake in Clean Energy Fuels for $83.4 million. Everspin Technologies, Inc. (NASDAQ: MRAM) rose 14.6 percent to $8.50 in pre-market trading after the company reported strong results for its first quarter. Carvana Co. (NYSE: CVNA) shares rose 11 percent to $27.50 in pre-market trading after reporting upbeat Q1 sales. Sunrun Inc. (NASDAQ: RUN) rose 8.9 percent to $10.70 in pre-market trading following upbeat quarterly earnings. MediciNova, Inc. (NASDAQ: MNOV) rose 8.1 percent to $11.35 in pre-market trading after the company announced opening of Investigational New Drug Application for MN-166 (ibudilast) in glioblastoma. New Gold Inc. (NYSE: NGD) shares rose 7.7 percent to $2.65 in pre-market trading after the company reported that its President and CEO Hannes Portmann left the company. The company named Raymond Threlkeld as successor. Otter Tail Corporation (NASDAQ: OTTR) shares rose 7.4 percent to $46.60 in the pre-market trading session. Himax Technologies, Inc. (NASDAQ: HIMX) shares rose
• [By Paul Ausick]

  New Gold Inc. (NYSE: NGD) dropped about 4.7% Friday to post a new 52-week low of $2.05. Shares closed at $2.15 on Thursday and the stock’s 52-week high is $4.25. Volume was about 50% higher than the daily average of 4.2 million. The junior gold miner had no specific news.

UniCredit (UCG) PT Set at €21.00 by Royal Bank of Canada

Royal Bank of Canada set a €21.00 ($24.42) target price on UniCredit (BIT:UCG) in a research report released on Monday. The firm currently has a buy rating on the stock.

A number of other research analysts also recently commented on the stock. UBS Group set a €18.70 ($21.74) price objective on shares of UniCredit and gave the company a buy rating in a research note on Monday. Morgan Stanley set a €19.00 ($22.09) price objective on shares of UniCredit and gave the company a buy rating in a research note on Tuesday, July 3rd. JPMorgan Chase & Co. set a €20.00 ($23.26) price objective on shares of UniCredit and gave the company a buy rating in a research note on Thursday, June 28th. Oddo Bhf set a €19.50 ($22.67) price objective on shares of UniCredit and gave the company a buy rating in a research note on Monday, June 18th. Finally, Jefferies Financial Group set a €20.00 ($23.26) price objective on shares of UniCredit and gave the company a buy rating in a research note on Monday, June 11th. Eight research analysts have rated the stock with a buy rating, The company currently has a consensus rating of Buy and an average price target of €20.40 ($23.72).

Get UniCredit alerts:

BIT UCG opened at €17.22 ($20.02) on Monday. UniCredit has a 12 month low of €12.82 ($14.91) and a 12 month high of €18.38 ($21.37).

UniCredit Company Profile

UniCredit S.p.A. operates as a commercial bank. The company operates through Commercial Banking Italy, Commercial Banking Germany, Commercial Banking Austria, Corporate & Investment Banking, Central and Eastern Europe, Fineco, Group Corporate Centre, and Non-Core segments. It offers retail, corporate, and private banking services; credit, trading, and investment services; leasing and factoring services; transactional, investment, and credit products and services; insurance solutions; and structured financing, and hedging and treasury solutions.

Goldman Sachs Group Analysts Give Diageo (DGE) a GBX 3,160 Price Target

Diageo (LON:DGE) has been assigned a GBX 3,160 ($42.07) price objective by analysts at Goldman Sachs Group in a research note issued to investors on Friday. The firm currently has a “buy” rating on the stock. Goldman Sachs Group’s price objective suggests a potential upside of 13.49% from the company’s previous close.

Several other research analysts also recently weighed in on DGE. Liberum Capital restated a “sell” rating and issued a GBX 2,100 ($27.96) price target on shares of Diageo in a research note on Thursday, March 15th. Royal Bank of Canada set a GBX 2,300 ($30.62) price target on Diageo and gave the stock a “neutral” rating in a research note on Monday, March 26th. UBS Group restated a “buy” rating on shares of Diageo in a research note on Wednesday, April 4th. Sanford C. Bernstein set a GBX 2,700 ($35.95) price target on Diageo and gave the stock a “buy” rating in a research note on Tuesday, April 10th. Finally, DZ Bank restated a “buy” rating on shares of Diageo in a research note on Tuesday, April 10th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and thirteen have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of GBX 2,692.14 ($35.84).

Get Diageo alerts:

Diageo opened at GBX 2,784.50 ($37.07) on Friday, MarketBeat.com reports. Diageo has a 1-year low of GBX 2,186.50 ($29.11) and a 1-year high of GBX 2,735.50 ($36.42).

In other news, insider Javier Ferr谩n bought 299 shares of the stock in a transaction dated Tuesday, July 10th. The stock was purchased at an average cost of GBX 2,768 ($36.85) per share, for a total transaction of 拢8,276.32 ($11,018.93). Insiders have bought a total of 616 shares of company stock valued at $1,676,729 over the last quarter.

Diageo Company Profile

Diageo plc, together with its subsidiaries, produces, markets, and sells alcoholic beverages worldwide. The company offers a collection of brands across spirits, beer, cider, and wine categories. Its brands include Johnnie Walker, Crown Royal, J&B, Buchanan's and Windsor whiskies, Smirnoff, C卯roc and Ketel One vodkas, Captain Morgan, Baileys, Don Julio, Tanqueray, and Guinness.

Don't Bet IN Casinos... Bet ON Them!

As you read this Daily Edge alert, a handful of poker players are battling for their share of a $74 million prize pool, with the ultimate goal of grabbing the $8.8 million first place payout and a diamond-studded World Series of Poker bracelet.

This year’s World Series of Poker (or WSOP) main event tournament features the second largest field in history.

A total of 7,874 people were willing to pay $10,000 to enter the tournament. The tournament actually started on July 2nd, and by today there are only a few dozen players left in the running.

As an amateur poker player myself, I’ve had a good time watching a bit of the coverage from this year’s tournament. Today, I wanted to point out a couple of important takeaways that apply to us as investors. So here goes!

The Scariest Three Words in Poker

“I’m all in.”

As a poker player, whenever you hear these words, you know something big is about to happen.

The phrase “I’m all in” simply means that a player is betting all of his chips. And while this type of bet can put a lot of pressure on your opponents, it also carries a lot of risk.

It might surprise you to hear that the game of poker is very similar to our investment markets.

Just like the market, a typical poker game has a mix of amateurs and professionals.Poker players and investors try to earn a good return while minimizing risk.Basic math skills (statistics in particular) are important for investors as well as poker players.Human emotions drive many investing and poker decisions. Those who set emotions aside do much better.Risking too much on any one opportunity is foolish.

Over the weekend, I heard one famous player state that he had gone “all in” several times during the tournament so far.

The player was somewhat astonished that he didn’t get knocked out. Because if he had lost on any one of those hands, his chips would have been gone, ending his run in this year’s main event.

Hearing him talk about betting all of his chips reminded me of so many investors who get excited about a new investment opportunity and bet all of their capital on a single stock.

You might get away with this once or twice (as the player I listened to did), but any time you risk all of your capital in one play, you run the risk of getting knocked out of the investment game.

This is why I’m constantly encouraging you to take a balanced approach when it comes to investing.

There are so many great investment opportunities, that you don’t have to put too much of your capital into any one opportunity. Instead, it’s best to spread your investments across many different opportunities so that you have many chances to win, and no one loss will hurt you too bad.

Consumers Have Money to Burn!

Another takeaway from the WSOP event this week is the sheer dollar figures in play this year.

As I mentioned, this was the second largest field for the WSOP main event, and each player forked over a cool $10,000 to play.

Now keep in mind, most of these players are coming in from out of town, they’re staying at a local hotel or resort, they’re spending money on food and entertainment, and most are gambling at the Las Vegas casinos in between tournament sessions.

In other words, these consumers have money to burn, and they’re living it up!

This scenario lines up perfectly with the retail theme that we’ve been talking about here at The Daily Edge.

Thanks to the strong job market �� which continues to grow even faster than investors expect �� consumers have money to spend. And these consumers are buying merchandise, going to restaurants, and checking “bucket list” experiences off their list (including playing in the WSOP main event).

This trend gives us plenty of opportunities to make money in the market by investing in consumer discretionary stocks.

I’m interested in casino stocks right now, not only because they fit into this consumer discretionary category, but also because many casino stocks have pulled back recently.

Concerns about gaming rules in China have caused some investors to question how fast big casino companies can grow. But the strong global economy should drive profits for these companies not only in the U.S., but also in exciting gaming destinations that international travelers will frequent.

So in addition to restaurant stocks, branded apparel, and home decor stocks, I suggest adding casino stocks to your watch list. Taking advantage of the wealth effect for consumers is a great way to consistently book investment wins.

Here’s to growing and protecting your wealth!

Zach Scheidt
Editor, The Daily Edge
Twitter �� Facebook����Email

Founder of world��s largest hedge fund says ��first day of the war�� with China has begun

Has a trade war started? The stock market doesn��t suggest that a full-scale trade fight between China and the U.S. has erupted, but a tweet from Ray Dalio, founder of hedge fund Bridgewater Associates, implies otherwise.

Friday afternoon, Dalio tweeted: ��Today is the first day of the war with China.��

Today is the first day of the war with China.

— Ray Dalio (@RayDalio) July 6, 2018

The tweet from the founder of the world��s largest hedge fund, which manages some $160 billion, comes after the U.S. slapped levies on $34 billion of China��s exports at midnight, and President Donald Trump threatened further action.

In response, Beijing issued in-kind tariffs on 545 items, including cash crops and cars, intensifying a long-simmering dispute between the world��s largest economic superpowers, which threatens to roil global economies.

Read: Trade-war tracker: Here are the new levies, imposed and threatened

China��s Commerce Ministry said the U.S. is ��launching the largest trade war in economic history to date.��

Related story: How will investors know if there��s a full-blown trade war? Here��s what Wall Street says

However, stock investors appeared to mostly shake off the recent developments in global trade, with the Dow Jones Industrial Average DJIA, +0.32% S&P 500 index SPX, +0.74% and the Nasdaq Composite Index COMP, +1.24% trading near Friday��s best intraday levels.

Wall Street was fixated on labor-market data for June that showed that a better-than-expected 213,000 jobs were created last month.

Check out: Why a major trade war could mean a ��full-blown recession��

However, some worry that average investors may be underestimating the potential for a protracted China-U.S. spat to deliver a more significant and blow to the domestic economy.

Morgan Stanley Wealth Management recently wrote in a recent report that analysis suggesting that the impact of trade clashes will be de minimus don��t fully account for the ��risks associated with America��s increasingly aggressive position on trade,�� Ryan Vlastelica noted in an article earlier this week.

By the looks of Dalio��s tweet, the investment professional may think investors are underplaying the potential impact as well.