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week in review

Market Corruption Becomes Business as Usual

Week after week, the news is filled with reports of law-breaking by institutions and individuals that hold positions of trust in society. Last week, FIFA, the body that rules the multi-billion dollar business of soccer, was hit by indictments of many of its senior officials who were charged with running a multi-year corruption scheme. The […]

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The Fed

The "Unnatural Disaster" Ravaging Global Markets

The tide is turning for crude oil prices. Following some nice recent gains and despite a dip on Tuesday, the market currently remains at just below $60 a barrel for West Texas Intermediate (WTI) crude oil futures in New York. The recent rise in prices would seem to be just what the smaller operators in the U.S. need to avoid a sector meltdown. A few months back, when prices were pushing lows of $40 a barrel, there was widespread talk of a wave of bankruptcies coming in the oil patch. The picture is now better, given a recovery in crude prices.
The tide is turning for crude oil prices.

Following some nice recent gains and despite a dip on Tuesday, the market currently remains at just below $60 a barrel for West Texas Intermediate (WTI) crude oil futures in New York.

The recent rise in prices would seem to be just what the smaller operators in the U.S. need to avoid a sector meltdown.

A few months back, when prices were pushing lows of $40 a barrel, there was widespread talk of a wave of bankruptcies coming in the oil patch. The picture is now better, given a recovery in crude prices.

But there is another shoe about to fall in the ongoing fight by smaller companies to survive. Here's my take on the disaster that's brewing - and the opportunities it may bring...

Market Conspiracies

This 2008 Stock Market Crash Conspiracy Theory Will Give You Shivers

We know the 2008 stock market crash started with irresponsible financiers doling out bad loans. And we know that Lehman Bros.' ultimate failure was the harbinger of what was to become the most desolate era in recent American economic history.

But what you might not know is we'd been warned… by an anonymous Internet user who went by the name of "Reinhardt."

Unfortunately, no one listened to his warnings. Here's his theory of why it all happened and who's really responsible for the Great Recession...

shale oil

Canada's New Shale Oil Field Could Rival the Bakken

Canada's energy industry may be most famous for its world-class oil sands resources. But a new shale oil field could surpass the oil sands as Canada's largest untapped oil reserve.

In fact, it could even rival the massive Bakken shale of North Dakota in terms of recoverable oil.

This area lies north of British Columbia and east of the Yukon. It's the Northwest Territories.

Recent data from Canada's National Energy Board (NEB) and the Northwest Territories Geological Survey shows that this area holds as much as 200 billion barrels of shale oil reserves. That compares to U.S. Geological Survey estimates that the Bakken shale formation will yield up to 7.4 billion barrels.

Not all of this Canadian oil is necessarily recoverable. But the Canol and Bluefish shales contain a total approaching 7 billion barrels of economically viable resources.

Here's a look at the vast potential of Canada's Northwest Territories...

Biotech Investing

Why Inovio Stock Is Still a Buy After a 20% Dip

One of our favorite biotech stocks, Inovio Pharmaceuticals Inc. (Nasdaq: INO), has seen a steep fall lately. Inovio stock is down 20.5% since it reached a 2015 high of $10.77 on April 22.

Even with this recent slip, INO is still one of our biggest triple-digit winners. Inovio stock is up 241% since Money Morning's Executive Editor Bill Patalon first recommended it to his readers in February 2013.

A 20% drop can send investors running for the exits. But now is not the time to panic and sell. Inovio stock remains a long-term stock to buy.

Here's why...

Semiconductor industry

Intel Stock Needs the Altera Deal to Happen (INTC) (ALTR)

Intel stock nudged up today (Friday) as yet another report hinted that the iconic chipmaker was close to an acquisition of Altera Corp. (Nasdaq: ALTR) for $15 billion.

It was just the latest rumor of a merger between the two companies. The news sent INTC stock up 1.46% – and for good reason.

Altera will give Intel a huge boost in the one area destined to produce the bulk of its profits in the years to come.

Best Investments

Our 2015 Top Stock Picks Show IT Underdogs AVGO, CTSH Moving Up

Our 2015 top stock picks show that it's been a good year for information technology and data center solutions.

But we're not as thrilled about companies like International Business Machines Corp. (NYSE: IBM) and its sudden turnaround in stock price.

Here's what we're more excited about this year...

Obamacare

WARNING: The June Obamacare Ruling Will Impact Millions in These States

By the end of June, more than 7.5 million Americans could see their Obamacare premiums skyrocket.

That's when the Supreme Court is expected to rule on King v. Burwell. It's an Obamacare ruling that asserts that Affordable Healthcare Act (ACA) subsidies only apply to citizens who purchased their insurance over a state-run exchange.

King v. Burwell wants to invalidate those subsidies.

Here are the top 10 states that could see the most people impacted by this decision...

Semiconductor Industry

Xilinx Stock Primed to Gain from Semiconductor M&A (XLNX)

Snapping up a few shares of Xilinx stock looks like a pretty good idea right now.

That's because Xilinx Inc. (Nasdaq: XLNX) has moved to the top of the list of possible acquisition targets in the semiconductor industry.

Acquisitions mean higher stock prices.

And Xilinx stock could do very well considering that the company has something a lot of other chipmakers want.

Stocks to Buy

Skunk Works Engineers Supersonic Profits

In baseball and football, making the cover of Sports Illustrated is the Holy Grail recognition achievement.

In modeling, it's the cover of Vogue.

And in the world of innovation, making the cover of Popular Science gives you top bragging rights.

And we've found a company that just has...