Money Morning Media
Best Investments 2014: Put Money in Tech Today
Today (Monday), Stuart Varney of FOX Business' "Varney & Co." asked Money Morning Chief Investment Strategist Keith Fitz-Gerald if technology made his "Best Investments 2014" list.
Fitz-Gerald's answer: Absolutely.To continue reading, please click here...
Nasdaq at 4,000: It's Not Tech Pushing the Index Higher
The Nasdaq topped 4,000 on Monday, its highest level in 13 years.
The tech-heavy index gained 11 points, or 0.3%, to reach 4,003 shortly after the opening bell amid a broad-based rally that also sent the Dow and S&P 500 higher. The Nasdaq peaked at 4,007.09, before shedding some gains and ending the session up 2.92 points, or 0.07%, at 3,994.57.
The Nasdaq flirted with the 4,000 threshold last week, closing at 3,991.64, up 0.14%, or 6 points. Year to date, the benchmark is up a whopping 32.20%.This is where you want to be invested in right now..
Should Retailers Open on Thanksgiving?
Retailers make 20% to 40% of their revenue between Thanksgiving and the New Year. That's why a handful of popular U.S. retailers have announced plans to open their doors on Thanksgiving Day, instead of waiting a few hours until Black Friday.
Kohl's Corp. (NYSE: KSS), Best Buy Co. Inc. (NYSE: BBY), and Old Navy all plan to open on the holiday. Macy's Inc. (NYSE: M) plans to be open on Thanksgiving for the first time in the store's 155-year history.To continue reading, please click here...
Will Twitter Stock Be a Buy?
Today (Monday), Money Morning Chief Investment Strategist Keith Fitz-Gerald appeared on FOX Business' "Varney & Co." to answer the question, "Will Twitter Stock Be a Buy?"
In its Thursday initial public offering (IPO) filing, Twitter disclosed it made $47.5 million from selling off user data to companies working in analytics.To continue reading, please click here...
Is This Man the Next Microsoft CEO?
There's a shake-up brewing in the business world. Al Mulally, CEO of a rejuvenated, refocused, and red-hot Ford Motor Company, may be heading over to Microsoft, where CEO Steve Ballmer is retreating under fire. Under Mulally, Ford went from the brink of bankruptcy and irrelevance to one of the the most solid performers on Wall Street. Can Mulally do the same thing for Microsoft and move it back into the "Buy" column? Keith Fitz-Gerald joins FOX Business' Neil Cavuto to tackle this question, along with McDonalds' newest strategy and the effect of the looming government shutdown on Wall Street.To continue reading, please click here...
Are Amazon (AMZN), Facebook (FB) Good Stocks to Buy Now?
Money Morning Capital Wave Strategist Shah Gilani joined FOX Business' "Varney & Co." today (Wednesday) to discuss whether two hot stocks in the market right now, FB and AMZN, are good buys.
Gilani shocks Varney when he tells him what he's doing with AMZN right now…To continue reading, please click here...
FOMC Members "Badly Out of Touch," says Keith Fitz-Gerald
In the wake of the Federal Reserve meeting last week, FOMC members have many public appearances planned in which they're expected to clarify the central bank's recent policy decisions.
Count Money Morning Chief Investment Strategist Keith Fitz-Gerald as one investing expert who will not be hanging on every speech.To continue reading, please click here...
All Things Fed: Keith Fitz-Gerald on Janet Yellen and Today's FOMC Meeting
Money Morning Chief Investment Strategist Keith Fitz-Gerald appeared on FOX Business' "Varney & Co." today to discuss this week's FOMC meeting and Janet Yellen.
On Monday, Larry Summers announced he is dropping out of the candidate list to replace Ben Bernanke and become the next Fed chief. Next in line for new Fed chief role is Janet Yellen.To continue reading, please click here...
Silver Price News Today
Our silver price news today looks ahead at another volatile week for the white metal as global precious metal sentiment remains guarded.
In early-morning trading Monday, spot silver was trading down 1.5% at $21.88.
Silver traders are closely watching the Wednesday outcome of the Federal Open Market Committee's (FOMC) two-day meeting to see if the U.S. Federal Reserve finally follows through on plans to start weaning the U.S. economy off five years of quantitative easing (QE).