Why the Government Shutdown Is Good for Investors
The markets are already nervous over a stubborn group of Republicans threatening a government shutdown unless Democrats agree to defund Obamacare, or at least delay implementation of the healthcare law another year.
"A government shutdown starting next week is looking increasingly likely," Jim Russell, a regional investment director at U.S. Bank, told the Associated Press. "That will not be welcomed by the capital markets."
The S&P 500 has slid 2% since Sept. 19 as Wall Street watches yet another budget-battle spectacle unfold in Washington.
The problem is that the federal government only has enough money to keep the government's doors open through Sept. 30, the end of its fiscal year. Tea Party Republicans are using this deadline to try to defund the healthcare law.Read more...
JPMorgan (NYSE: JPM) Talks $11 Billion Settlement; Q3 Earnings at Risk
JP MorganChase & Co. (NYSE: JPM) finds itself in front of regulators yet again for misdeeds.
Chief Executive Officer (CEO) James Dimon was in Washington yesterday (Thursday) attempting to broker a settlement over the bank's sale of substandard mortgages.
Dimon met with U.S. Attorney General Eric Holder about a possible $11 billion settlement in attempts to end criminal and civil charges over JPM's questionable mortgage practices. The U.S. Justice Department said earlier in the week it could file a lawsuit over one of the bank's pending mortgage cases.To continue reading, please click here...
Dividend Stocks to Watch: These Telecoms Are Part of a Trap
Investors looking for more income are pouring money into these pricey equities that are hitting our "stocks to watch" list now…
You see, both institutional and individual investors have moved out of the risk curve over the past few years to find the strongest income sources. They've explored everything from low-risk bonds to bank savings instruments.
Individual investors in particular have found it challenging to navigate the unfamiliar waters of dividend stocks.
They have rushed to invest their hard-earned dollars into familiar names that paid decent dividends, including electric utility stocks, telecom stocks, pharmaceutical companies, and large oil companies.Read more...
Stock Market News Today: Dow Ends Five-Day Losing Streak
The biggest stock market news today: After five sessions of declines – the longest consecutive streak of losses so far this year – stocks finally closed higher.
The Dow Jones Industrial Average closed at 15,328.49, for a 55.23-point gain. The Standard & Poor's 500 rose 5.90 to 1,698.67, and the Nasdaq closed up 26.33 at 3,787.43.
In stock market news today, new applications for unemployment benefits fell by 5,000 to 305,000 last week, according to the Labor Department's report today. However, that number is slightly shy of the 300,000 new applications economists expected.
As for the gross domestic product (GDP), that report was unchanged, meaning the U.S. economy grew to the reported 2.5% in the second quarter.
Here are the biggest stocks making news today:To continue reading, please click here...
Shah Gilani: We Are Sitting On A Stock Bubble
Money Morning Capital Wave Strategist Shah Gilani surprises Stuart Varney of FOX Business' "Varney & Co." today (Wednesday) when he states he believes the U.S. is sitting on a stock bubble right now.
Find out why Gilani sees the markets as "well over-cooked" – creating a stock bubble – from the Fed's strategy in the following video segment:To continue reading, please click here...
Cheap Stocks to Buy Now That Could Double Your Money
Individual investors have always had a soft spot for cheap stocks to buy, but get scared away because traditional Wall Street dogma would have you believe that these stocks are too speculative and dangerous for most individuals.
But cheap stocks can be among the best stocks to buy because they bring several advantages to a portfolio.Read more...
2 Key "Turnaround" Stocks to Buy Now
One of the best ways to make money in the stock market is to spot stocks to buy with high growth potential before Wall Street and the big investment firms recognize these budding winners.
One way to do that is to shop for companies that have been losing money but are showing signs of profitability – "turnaround" stocks, I like to call them.
The ideal turnaround stocks will surprise to the upside and return long-term profits.To continue reading, please click here...
Whole Foods (Nasdaq: WFM) Is the Envy of Peers, but Is It a "Buy"?
The organic foods business is a $60 billion global industry, and no other grocery chain has profited from this boom as much as Whole Foods Market Inc. (Nasdaq: WFM).
Whole Foods is leading the charge of supplying organic, natural, and locally grown foods to the health-conscious eater. Founded in 1980, it now has a count of 355 stores in 40 states and 3 countries.Read more...
Small-Cap Stocks to Buy as the Little Guys Crush the Big Boys
When it comes to stocks, it's easy to equate size with quality.
But over the past year, smaller has been better, which means you need to be looking for small-cap stocks to buy.
In fact, the market's practically screaming that you should be putting some chips to work in the small-cap arena.To continue reading, please click here...