Archives for August 2014

August 2014 - Money Morning - Only the News You Can Profit From

Short Selling Will Plague Retailers Who Fall into These Traps

This past week and a half saw all of The Big Three teen clothing retailers post a second consecutive quarter of year-over-year losses, further fueling the short selling spree on these specialty apparel retailers.

Abercrombie & Fitch Co. (NYSE: ANF), American Eagle Outfitters (NYSE: AEO), and Aeropostale Inc. (NYSE: ARO) have been suffering blows to their top line since the tail end of the recession, fueling short-selling activity that has further threatened these companies' stocks.

Here’s why they are struggling, and how to identify a prime retail short sale candidate.

Tesla (Nasdaq: TSLA) Stock Smashes All-Time High Today on Massive China Deal

Tesla Motors Inc. (Nasdaq: TSLA) stock hit an all-time high of $272 today, after the company signed a deal with China's second-largest mobile phone company to build 400 charging stations in 120 Chinese cities.

The partnership with China United Network Communications Corp. sent the Tesla stock price up more than 3% from yesterday's closing price of $263.86.

But that’s just the start of TSLA’s run. Here’s how much higher the Tesla stock price is going…

Price of Oil Edges Higher – Here’s What to Look for by End of 2014

The price of oil has climbed slightly this week with West Texas Intermediate (WTI) hitting an intra-week high of $95.17 for October delivery today (Friday).

Despite this week's price hike, WTI prices are still well below the three-year high of $105 a barrel they hit in June.

But even though prices have dropped the last two months doesn’t mean we’re out of the woods. The price of oil could still soar in a hurry…