Wall Street Archives - Page 3 of 26 - Money Morning - Only the News You Can Profit From
Stock Market News Today: Why the Dow Soared 322 Points
The biggest stock market news today stemmed from the surging Dow Jones Industrial Average, wh ich climbed more than 300 points today.
All sectors were up today. The S&P 500 closed up about 2.18%, or 36.12 points, at 1,692.52, and the Do w ended up 2.18%, or 322.64 points, at 15,125.62.To continue reading, please click here...
The Government Shutdown's Long-Term Effects
The political temper tantrum known as the government shutdown is now a week old, the rhetoric is heating up, and there's no sign that the peace pipe will be smoked anytime soon.
While the politicians at the top of this heap continue to be rewarded with their government paychecks, more than 2.1 million government workers do not. Some 800,000 Uncle Sam employees were initially furloughed (although 350,000 from the Defense Department were just called back), and another 1.3 million will most likely see their paychecks delayed.To continue reading, please click here...
Biggest Stock Market News Today: Apple, BB&T, and GM
Stocks this week are off to a heavy start as investors await more speeches from nine U.S. Federal Reserve executives this week that could shed light on the timing of the quantitative easing (QE) taper. Three of those speeches are scheduled for today.
Comex gold prices are weighed this morning as the market hopes some of this week's comments from the Fed include insights into future monetary policy moves. Comex gold for December delivery is now trading at $1,324.76, down 0.37%.
In the week ahead in stock market news, the U.S. Congress and the Obama administration will continue to debate the U.S. budget and debt ceiling issues as investors will keep an eye on any new developments regarding Syria and U.S. action there.To continue reading, please click here...
The Greatest Criminal Enterprise in the World
From the Editor: Shah Gilani is one of the few people who can show you how it really is. In this case, he's going to show you the real reason the Fed chose not to taper. If you're overly idealistic, don't read this. It will only anger you. That, of course, is why Shah's naming names today…
Ben Bernanke is the don of the greatest criminal enterprise in the world.
And yesterday his made monsters, the Five Families, lined up to kiss his ring, again.
By not "tapering" or reducing the $85 billion a month ($45 billion in Treasuries and $40 billion in agency mortgage-backed securities) the Fed is buying from banks, the Fed is saying to its hit men, "We are family, and as long as Johnny Law is coming after you, we've got your back."Let's name names... and then I'll tell you the REAL reason the Fed didn't taper yesterday
How to Prepare for "The Mother of All Bubbles"
From the Editor: No fewer than 165 stocks on the major exchanges hit new 52-week highs yesterday, which is all the more reason to take notes today… Shah's been identifying bubbles for decades, ever since his hedge fund days. And now that he uncovers them for individual investors, his readers know firsthand that "bubble watching" is more than a wealth protection strategy.
They made 218% the last time Shah prepared them. And they made 371% and 455% the time before that. Those bubbles were little, too, compared to this one…
There are lots of reasons to be fully invested in the stock market. And that's why it's so important right now to keep an eye on all the bubbles.
They're everywhere. And we have plenty of reasons to fear any number of them bursting.
Best Stocks to Buy Now: A Money Morning Weekly Roundup
Optimism returned to Wall Street last week, as Syria attack talk subsided and the yield on the benchmark 10-year Treasury note slipped.
Triple-digit gains Monday through Wednesday last week added 401.10 to the Dow. Stocks closed with modest losses Thursday, with the S&P 500 Index snapping a seven-day winning streak. But the bulls were back in force Friday, helping the Dow log its best week in nine months.
Yet, the market pendulum continues to swing between risk-off and risk-on trading, leaving investors cautious.
Money Morning's updated list of the best stocks to buy – and some to avoid – address today's biggest market concerns and find the smartest opportunities for your money now.
Ten Numbers Shaking the World Right Now
Here are this week's need-to-know facts about the stock market, economy, Wall Street, and life-changing global events…
It's the numbers that count in this crazy world. They can tell stories that words sometimes can't.
Here's a look at some of the fascinating, infuriating, amusing, depressing, and altogether important numbers that the world has put up on the board recently – and why you need to know them.
The "Halting" Truth of a Frozen Nasdaq
If Goldman Sachs can lose $100 million in a matter of minutes on account of its computers misfiring, is that a sign of things to come? Or is it proof we're already there?
You heard about last week's shutdown, but do you know what it means?
On Tuesday morning, Goldman Sachs let its computers run; too bad for Goldman they got out of the corral and ran wild.
The Icahn Lift: Let Carl Icahn Give You Double-Digit Gains
If you owned Apple Inc. (NYSE: AAPL) stock , you saw a 5% jump in shares on August 13, when Carl Icahn tweeted that he held "a large" position in Apple.
Same with Netflix Inc. (Nasdaq: NFLX), when shares spiked as much as 14%, back on October 31, 2012, when Icahn's regulatory findings revealed he held a tidy 10% stake in the company.
The Most Hated Man on Wall Street – And Why You Should Back Him
A little more than two weeks ago a "little" story hit the news. And by little, I mean perhaps the biggest money story that you and I will likely see in our lifetimes.
That's because, for the first time in decades, it sets up two opponents, Wall Street and Washington, on opposite sides of the ring.
So who is "the most hated man on Wall Street" right now. That would be Senator Angus King, along with his cohorts Senators Elizabeth Warren and John McCain.