I've written about the dangers of relying on stockbrokers before.
You see, most stockbrokers aren't traders, and they aren't analysts, but salesmen. They usher clients into financial products with little regard for their individual financial situation or the broader markets.
That doesn't make them bad people. In fact, I have friends who are stockbrokers, and they're nice people.
These friends of mine are trustworthy and try hard to make their clients money. But at the same time, I would never let any of them handle my money, not even a small portion of it.
That's why a new analysis published in yesterday's Wall Street Journal really grabbed my attention...
Keep More of Your Huge Gains with This Quick Trade
When most investors hear the phrase "hedging," they typically take an exasperated breath, roll their eyes, and think to themselves that it's far too complicated - but it's actually not.
Last week I covered a simple but very effective method to buy highly speculative biotech stocks ahead of critical announcements - and guarantee a safe exit price - even if the stock crashes as a result of poor trials results.This week I want to expand on the same idea and focus on protecting hard-earned gains on big winners...
The Plan to Raid Your Savings (And What to Do About It)
With each passing week, ideas on how governments should "manage your money" seem to be repeatedly echoing across the Atlantic.
Here and abroad, discussions on how governments should "manage your money" are becoming more and more common.Here's how to protect your savings.
My "Sominex Strategy" for Big Profit in This Rocky Market
"Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it." -Warren Buffett
It's tough to argue with the "Oracle of Omaha." And Buffett is right: Investor "folly" creates some of the biggest moneymaking opportunities you'll find in stocks.Just look at the whipsaw-trading we've been seeing in recent weeks...
Two Numbers Microsoft (Nasdaq: MSFT) Doesn't Want Investors to See
Microsoft's (Nasdaq: MSFT) new CEO Satya Nadella could bring the company what it's been missing, as we recently pointed out, but Nadella will have to tackle two very troubling numbers just reported for Microsoft.
These are figures that give us a glimpse of what could prevent MSFT stock from climbing in 2014 following its 40.9% rise last year.
These numbers were just released last week - and they're ugly.Here's the story...
Investing in Tech: We Sure Hope You Own These Three "Wealth Building Blocks"
I get a lot of questions from you folks here at the Strategic Tech Investor.
And the single most frequently asked query is this one:
"Michael, what's the best way to get started as a tech investor?"
I'll grant you: As questions go, that's probably the most basic one that you'll find.To continue reading, please click here...
Should I Invest In Gold Stocks Today?
One way to profit from gold's rise is by investing in physical gold. But another sometimes more lucrative way to profit from rising gold prices is to invest in gold stocks.
From gold miners to royalty companies and ETFs there are many different ways to invest in gold stocks.Find out which gold stocks could be the best investments this year...
The Best Biotech Takeover Targets for 2014
This could be the biggest year ever for investing in biotech takeover targets - all due to the patent cliff.
The "patent cliff" refers to the sharp revenue drop a pharmaceutical company faces when the patent on one of its drugs expires. At that point, other drug companies can begin replicating name-brand drugs, cutting into the billions of dollars in revenue that large-cap pharmaceutical companies are used to.To continue reading, please click here...
Today's Stock Market News and Earnings Calendar
Today's stock market news, Feb. 10, 2014: The markets recovered last week after a choppy start to February trading. On Thursday and Friday, the markets dismissed disappointing unemployment numbers and tepid economic data. The S&P 500 increased 2.6% over the two days.To continue reading, please click here...
Tap Into a $67 Billion Market by Investing in Cybersecurity Stocks
The growing threat of cyber attacks is corporations' biggest concern in 2014 - but it could also be your biggest profit opportunity.
Even when broader markets fell in January, cybersecurity stocks delivered double-digit gains. FireEye Inc. (Nasdaq: FEYE) surged a whopping 67%, KEYW Holding Corp. (Nasdaq: KEYW) climbed 19%, and Imperva Inc. (NYSE: IMPV) rose 14% in the year's first month.To continue reading, please click here...
Stocks to Buy: We Just Found the New King of the Computer Industry
During the Depression-ridden 1930s, with the United States circling the financial abyss, an American industrialist named Thomas J. Watson Jr. gambled the future of his business-equipment company on an expansion plan that included wholesale hiring, investments in technology, and the construction of new factories.
For six years, Watson had his factories at full bore - churning out tabulating equipment there were no buyers for. But he believed in his plan and stayed with his strategy.His strategy could make this computer king one of the best investments...
Michael Kors Holdings Ltd (NYSE: KORS) Stock Up 18% With This Winning Retail Formula
This morning (Tuesday), Michael Kors Holdings Ltd (NYSE: KORS) announced a 59% increase in revenue for its fiscal 2014 Q3 report ending Dec. 28, 2013, compared to Q3 2013, marking the 31st consecutive quarter of growth for the global luxury brand.
Kors' quarterly earnings per share (EPS) climbed 73.4% to $1.11 per share, shattering the consensus estimates of $0.86. Wholesale net sales increased 68.2% to $461.4 million and licensing revenue increased 59.0% to $47.4 million.To continue reading, please click here...
Stock Market Today: Dow Jones Industrial Average Gets Hammered
Stock Market Today, Feb. 3: U.S. stocks closed down Monday after a rough trading session on the heels of a disappointing report on U.S. manufacturing and ahead of a busy week for economic indicators.
The Dow Jones Industrial Average closed down 326.05 points, or 2.1%, at 15,372.80 points; the S&P 500 Index closed down 2.28%, or 40.7 points, at 1,741.89; and the Nasdaq Composite Index closed down 2.61%, or 106.92 points at 3,996.96.To continue reading, please click here...
Profit Alert: ArthroCare (Nasdaq: ARTC) Stock Outshines Broad Market, Climbing 8%
That's because British medical technology company Smith & Nephew PLC will buy ArthroCare in a $1.7 billion all-cash deal, a move aimed at tackling the growing sports medicine industry.To continue reading, please click here...