Dow Jones Today Notches Another Record High; AAPL, YHOO, INTC in Top News
Stock market today, July 16, 2014: The Dow Jones today (Wednesday) closed up for its 15th record-breaking close in 2014.
U.S. Federal Reserve Chairwoman Janet Yellen testified before Congress again today. She reiterated that the economy remains vulnerable to a struggling job market and stagnating wages - two reasons why the central bank will continue its loose monetary policy in 2014. Still, in its Beige Book this afternoon, the Federal Reserve said that the economy was expanding at "a modest to moderate pace."Here’s the scorecard from today’s trading session, and the top stories that affected the stock market today…
Dow Jones Today: Energy and Pharma Mergers Top News
Dow Jones today, July 14, 2014: The Dow Jones Industrial Average rallied late on Friday after a surge by tech stocks overshadowed growing banking concerns in Portugal. This week, earnings season kicks into high gear with a handful of the nation's largest banks reporting. The markets are also highly anticipating a speech by Federal Reserve Chair Janet Yellen on Wednesday, as we continue to watch for signs that the central bank will increase interest rates.Here are the top stories that will be impacting the Dow Jones today:
The CYNK Stock Trap: When to Ignore a 24,000% Gain
Sometimes even a 24,000% gain can be a bad thing, especially if it involves a very dicey penny stock.
CYNK Technology Corp. (OTC: CYNK) spiked from $0.10 in mid-June to a Wednesday closing price of $14.71 in less than four weeks. But according to publicly available data, CYNK has never earned any revenue and had lost $1.5 million as of the end of 2013. Oh, and the company has no assets, either.
How could a penny stock like CYNK soar so dramatically, and who might be orchestrating it?That's what everyone wants to know...
Apple Stock Undervalued – Near-Unbreakable iPhone 6 Screen Will Spur Record Sales
Any previous estimates of iPhone 6 sales need to be tossed out.
Evidence that Apple Inc.'s (Nasdaq: AAPL) next-generation smartphone will include a virtually unbreakable sapphire screen will push sales far beyond earlier expectations, which means that Apple stock at below $100 is significantly undervalued.
Apple clearly thinks it has a winner on its hands - it's ordering some 30% more units of the iPhone 6 units than it did the iPhone 5s last year.Here’s what this runaway hit will do for AAPL stock...
MSFT: How This Wearable Tech Dark Horse Just Changed the Rules
If you asked most tech pundits which tech titan was most likely to win the wearable tech wars, few would give Microsoft Corp. (Nasdaq: MSFT) much of a chance.
You see, the Redmond, Wash.-based tech giant has a big problem as it enters the wearable tech arena. Its Windows platform, while still dominant on the desktop, is an also-ran in a mobile world dominated by Apple and Google.
But Microsoft CEO Satya Nadella is changing the rules.In fact, Nadella's move is so brilliant, it could completely change how the wearable tech wars will be fought...
Two Charts That Show the Bitcoin Market Is About to Take Off
While the Bitcoin market has had its ups and downs, what matters is that it is a major new technology that will disrupt the financial sector, and probably several others as well.
And that means Bitcoin should follow the same dramatic patterns as other disruptive technologies - which, so far, it has.In fact, according to these charts, it's on the verge of a major move...
New List of the Best Stocks to Buy in Tech, Emerging Markets, Energy, and More
Each week our experts dish out the latest profit plays for our Money Morning Members - all for free.
Last week our picks included two ways to cash in on sub-Saharan Africa's $1 trillion resource rush, a leader-turned-laggard that's about to reverse course and bring tremendous upside to investors, and a way to profit from the end of the U.S. oil export ban.Get the full list of our best stocks to buy now and start profiting today…
Apple Stock News: Another List, Another No. 1 Ranking
Apple Stock News: Apple Inc. (Nasdaq: AAPL) is No. 1 again -- this time on Barron's annual ranking of the World's Most Respected Companies.
But the Barron's survey is just the latest feather in Apple's corporate cap. In just the past 12 months, AAPL has topped several such lists.Here's what the world thinks of Apple, and what that means for AAPL stock...
We Can Invest in Uber Before Its IPO
Too many people view taxi service as nothing more than a pedestrian, everyday type of business.Those people would be very wrong...
Google Stock Stakes Its Future on "Android Everywhere"
Yesterday Google Inc. (Nasdaq: GOOG, GOOGL) said it was expanding Android to run not just on tablets and smartphones, but also on wearable tech like smartwatches, in-car entertainment systems, and its own Android TV. The software on Google's Chromebook laptops will also be better integrated with Android.
While it might strange for a product that's given away for free, Google's grand plans for Android will determine the fate of Google stock over the next several years.Here's why.
Get Ready to Profit from Microsoft (Nasdaq: MSFT) Stock's Encore
With its Windows operating system installed on virtually all of the world's PCs, Microsoft Corp. (Nasdaq: MSFT) was the personal computer revolution in the 1990s. And MSFT stock went on a 9,000% ride.
But now, with its growth phase over, mainstream investors have forgotten all about this once-mighty tech giant.Here's why they're making a big mistake - and why MSFT is one of the best stocks to buy now...
Find the Hottest Tech Stocks to Buy with This Strategy
I keep track of all the tech stocks that I recommend to you. The performance... the track record... is very important to me.
Today, let's check my spreadsheet and pick one stock - NXP Semiconductors - to use as a "mini case study."
With the easy-to-use investing strategy that I'm going to share with you, you'll be able to identify the best tech stocks to buy.And keep your footing on the road to wealth...