It was a rocky week for markets- but if you know the best stocks to buy now, your portfolio is in good shape…
Last week, the Dow lost 2.23%, or 344 points, to finish at 15,081.47, and the Standard & Poor's 500 fell 2.1% to 1,655.38.
To continue reading, please click here...
Don't look now, but the rig market for oil and gas projects is heating up again.
After suffering through a period when rigs were being "retired" from the field, the pendulum is swinging back again. Rigs are suddenly in high demand — and hold the secret to how to invest in the growing U.S. shale oil boom.
To continue reading, please click here...
There's no shortage of catalysts pushing gold prices higher, but now gold bugs have another…
A technical analysis of the chart depicting gold's rocky ride over the past nine months shows that gold prices have only just begun to break out to the upside.
The esoteric – yet highly accurate – Hindenburg Omen we looked at Friday may suggest the probability of a market crash. But the number I'm watching this week could cause one.
As a standalone figure, of course, the yield on 10-year Treasuries is small. But the amount of money it impacts worldwide is flat-out staggering.
Out of the estimated $1.5 quadrillion dollars' worth of derivatives on the planet right now, roughly $500 trillion is specifically related to interest rates.
So you can see why the 10-year gets so much attention. But right now, I'm watching it even more carefully… for one important reason.
When the Hindenburg was sounding the alarm last week, 10-year Treasury yields spiked at the same time, up to 2.8210% before relaxing a bit in early trading last Friday as of press time. That suggests to me the Fed is losing control over interest rates.
No doubt this is a frightening scenario, which is why it's important to remember…
China's Shanghai Stock Exchange Composite Index (SSE) frankly went a little crazy yesterday afternoon, as shares swung up by nearly 6% – with a 53% jump in volume in a matter of about two minutes.
But it soon came to light that Everbright Securities Co. Ltd., one of the largest securities brokerages in all of China, had placed an erroneous buy order – a fat-finger trade – for securities worth $1.13 billion.
These revelations caused more chaos; Everbright's shares were suspended, while shares of the parent company, China Everbright International Ltd., lost as much as 8.5% of their value. The Shanghai Composite dropped overall.
The volatility ruined a lot of afternoons.
All of this from one fat-finger trade.
After slipping nearly 40% this year by June, silver prices today have rebounded, and now trade near $23 an ounce. Silver ended the week up 14%.
This puts the precious metal at a level not seen since May.
There are several reasons for this move up in silver prices – reasons that will carry silver prices to $40 an ounce – and then $60 an ounce – by 2014.
With a lot of "crash talk" making the rounds – like the Hindenburg Omen – now's a good time to be taking gains in the white metal.
If you're an investor, there's a term you need to know: Big Data. Data – just the word itself – is the most boring abstraction in the world. The meaning of the word "data" itself is, well, meaninglessness. That's the point. Data is incoherent stuff with no relation to anything. So, what is "Big Data"? […]
Money Morning Chief Investment Strategist Keith Fitz-Gerald appeared on CNBC's "Closing Bell" Thursdayand weighed in on the market slump, plus shared stocks to buy now in two ripe sectors…
This week, Cisco (NASDAQ:CSCO) laid off 5% of its workforce, Walmart (NYSE:WMT) missed the quarter, and earnings fell below estimates.
The first guests touch on the key events that are driving the market down this week; then, Keith alerts viewers as to where they should be looking for stocks to buy.
Watch as Keith identifies for viewers which sectors he's looking to buy now:
You've no doubt heard the "crash talk" intensifying after two triple-digit down days. But after reviewing more than 100 commentaries, there are exactly two and a half I take seriously.
The one we'll start with can not only help you now – as in today. It can also give you a permanent edge, because most people will never know how it works.
That's a shame.
The indicator you're about to see has predicted every major market inflection point since 1985.
And that's why I need to show you its current "readings" while there's something you can do about it all. We'll look at four moves, in fact. Taking an initial stake in the shares below – or adding to your position – is just one of them…
First, here's the indicator that can give you as much as a 30-day "heads up"…
Cisco stock (Nasdaq: CSCO) plunged 7.17% today, and Wal-Mart (NYSE: WMT) stock 2.6%, after disappointing earnings reports drove investors to sell.
Cisco announced plans to cut 4,000 more jobs (5% of its global workforce); the sales forecast for the quarter came in surprisingly low.
To continue reading, please click here...
