DJIA Today Hits New Intraday High, S&P 500 Closes Above 2,000 for First Time
DJIA Today, Aug. 26, 2014: U.S. stock markets struck multiple intraday records this afternoon, as strong consumer data suggested further momentum for the economy. The Dow Jones hit an all-time intraday high of 17,153.80. The S&P 500 Index hit another record to close above 2,000 for the first time today, fresh off its first intraday rise over that landmark level yesterday.Now, here are the top stories from the stock market today…
Graphene Battery Could Be Tesla's Secret Sauce
According to a report from China's Xinhua news service, Tesla Motors Inc. (Nasdaq: TSLA) is working on a graphene battery that would double the range of its electric cars to about 500 miles.
And while a graphene battery may seem far-fetched, scientists have made a lot of progress over the past year to bring it closer to reality.This one advance is all Tesla needs to upend the entire auto market…
What Today's Case-Shiller Home Price Index Doesn't Show You About the Housing Market
The S&P/Case-Shiller Home Price Index, a widely followed benchmark for home prices, showed a slow growth in home prices amid an unimpressive housing recovery.
But given the factors underlying this recovery, and the activity in the housing market, this should come as no surprise.Here's why this housing recovery just can’t seem to take off…
U.S. LNG Exports Have "the Power to Change the World" – and Make Fortunes
The Panama Canal is getting a makeover that will allow it to accommodate ships as long as three football fields, with the capacity to carry almost three times the amount of cargo.
Once completed, the "new" canal will help jump-start U.S. LNG energy exports to Asian countries.It's just one of two catalysts that will transform the United States into one of the world's biggest energy exporters - and investing in LNG will get a big boost as a result...
How to Invest in Silver Today for Double-Digit Gains
If you've been watching silver for some time, you know it's been in the doghouse.
After peaking at $49 back in April 2011 the white metal is
down 60%, having languished between $19 and $22 for the past two years.
But a confluence of factors is building that make today's silver prices look downright cheap.Here's how the bull is going to run - and how you can ride it all the way up from here...
Shake Shack IPO: The Cult-Favorite Chain Could Outperform Traditional Competitors
A Shake Shack IPO could hit the market in late 2014 or early 2015, after this week's news that the company selected underwriters for its public offering.
By bringing its stock public, Shake Shack will be joining numerous casual-restaurant chains that have held IPOs in the last 12 months.
But when it comes time to Shake Shack, it's not a traditional casual-restaurant chain.And that's what shareholders hope will help Shake Shack stock outperform the competition...
Fed Policy Failures Leave $10.8 Trillion Under the Mattress
Despite billions in bond-buying "quantitative easing" and near-zero interest rates courtesy of recent Fed policy, Americans stashed $1.8 trillion in low-yield accounts since the QE program started in 2008.
The flight from risk has raised the total stashed away in such accounts to an absurd $10.8 trillion.
And when it comes to stocks in particular, Americans aren't just holding off on investing.This trend is truly ominous…
Obamacare Facts: Who to Blame and How to Profit as Healthcare Costs Soar
Obamacare facts: As the fall enrollment period for healthcare coverage approaches, it's becoming clear that almost everyone is going to be paying more come January 2015.
Premiums are going up, co-pays are going up, and deductibles are going way up. The health insurance companies and most large employers say that the Affordable Care Act is to blame.But the truth is far more complicated...
Silver Futures Activity Holding Back Prices, but a Rally Is Not Far Off
Activity in the silver futures market have caused prices to sputter out in August, and the most recent data shows that speculators are cashing in on the white metal's downfall.
And while these positions mount, silver is sure to languish.But this bearish speculation will have to end at some point, and a rally is sure to follow.