Quarterly Report
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Oil Prices Look to Top $150 by Midsummer On Resilient Demand and MENA Turmoil
Money Morning predicted in its 2011 Outlook series that oil prices would see $100 a barrel by summer. And that's proven to be true – but not entirely for the reasons we discussed.
In addition to the increased demand we talked about in January, violence in the Middle East and North Africa (MENA) has driven oil prices into the stratosphere. The price of light, sweet crude climbed above $112 a barrel last week, up more than 22% from where it started the year.
A recent pullback has driven prices back down to about $107 a barrel, but don't be fooled. Strong demand in emerging markets, a weak dollar, political turmoil in the MENA region, and a strong speculative sentiment will continue to push oil prices higher.
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Investing in India: First Comes the Pain, Then Come the Gains
As investments go, India has really great long-term prospects. No doubt about it.
Indeed, India has enjoyed very decent growth rates for the last decade, pulling many of its people out of poverty in the process.
But investing in India can be tricky.
Allow me to show you why.
For our forecast for the India stock market, please read on…
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Canada: Investing in the World's Safest Economy Can Put Profits in Your Pocket
When a March 25 "no-confidence" vote toppled the government of Canadian Prime Minister Stephen Harper, it also set the stage for a new general election.
This May 2 election will be Canada's third in five years and fourth in seven years. In light of the civil unrest in the Middle East/North Africa (MENA) region – not to mention the financial problems that continue to plague Europe – it would be understandable if global investors added Canada to the "do not invest" list.
But don't make that mistake: Our neighbor to the north remains one of the most stable big-market profit plays on the planet today.
Some investors even refer to it as the "world's safest economy." And with good reason.
For four ways to profit from the world's "safest economy," please read on…
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Post-PC Era Poses Challenge to Techs: Adapt or Face the Consequences
The accelerating transition to mobile computing devices – such as smartphones and tablets – will drive tech companies to adapt to shifting consumer preferences or risk getting left behind.
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Although they haven't yet tossed out their desktop or laptop PCs, more and more people are adopting mobile devices for such activities as checking e-mail, browsing the Web, playing games and interacting with social networks like Facebook and Twitter.
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Indeed, the recent success of Apple Inc.'s (Nasdaq: AAPL) iPad, for instance, is just the one example of an ongoing paradigm shift that has come to be known as the "Post-PC Era."
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Music Streaming First Salvo in Battle to Dominate Cloud-Based Computing
Cloud-based computing is shaping up to be a major battleground in the U.S. high-tech sector for the rest of this year, as companies compete to deliver such services as music streaming to consumer-based mobile devices.
And it figures to be a true clash of titans, with such high-tech heavyweights as Amazon.com Inc. (Nasdaq: AMZN), Apple Inc. (Nasdaq: AAPL), Google Inc. (Nasdaq: GOOG) and Microsoft (Nasdaq: MSFT) serving among the major combatants.
And music is just the beginning.
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Second Quarter Forecast: Three Predictions, Three Ways to Profit
With the first quarter of 2011 behind us, there's a lot to take away and learn from – especially when it comes to the direction of oil prices, interest rates and stocks.
Granted, we're right now navigating one of the most uncertain periods in modern global history. But if you're a trader or an investor, knowing how markets have been reacting to recent news and events provides you with some valuable insights that you can use going forward.
And after we address each of these three topics – oil prices, interest rates and stocks – we'll be able to recommend some specific moves that investors should consider.
So let's look at each topic more closely.
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Double-Dip in Home Prices Could Restrain Economic Recovery
With the latest data pointing to a double-dip in home prices, it has become increasingly clear that the wobbly economic recovery won't be getting any help from the housing sector.
Existing home sales in February sank 9.6% from the previous month, while prices fell 5.2% to a median of $156,000, the lowest since April 2002. Existing homes comprise 90% of the housing market.
Meanwhile, new homes sales in February plummeted to an annual rate of 250,000, far below the norm of 700,000 and a level half that of 1963, when the United States had 120 million fewer residents than its current population of 310 million. The median sales price plunged 8.9% year-over-year.