Archives for October 2013

October 2013 - Page 3 of 13 - Money Morning - Only the News You Can Profit From

How Self-Serving Politicians - Not Tech - Ruined the Obamacare Launch

Everyone agrees the Obamacare launch has been a total disaster, but the reason why it has been such a disaster is the real scandal.

The Obama administration spin machine has been running in overdrive trying to convince a skeptical American public that the Oct. 1 Obamacare launch went bad for technical reasons. They said traffic from a populace thrilled that the insurance exchanges had finally arrived overwhelmed the site.

the administration itself sabotaged the central tool of its heallhcare overhaul...

Stock Market News Today: Big Day for Apple (Nasdaq: AAPL), Merck (NYSE: MRK)

Stock Market News Today, Oct. 28: Stocks are weighed in morning trade, reversing out of earlier gains as investors are hit with a disappointing report on pending home sales despite a more positive report on industrial production.

Pending home sales slid 5.6% in September to the lowest level in nine months, likely weighed by higher housing prices and higher interest rates.

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Sorry CNBC, but the $13 Billion JPMorgan Fine Was No Shakedown

This week, the financial media has been up in arms about the record $13 billion fine levied on JPMorgan Chase & Co. (NYSE: JPM) for its connection with mortgage-backed securities.

While some voices have called for Chief Executive Officer (CEO) Jamie Dimon's departure from the bank, defendants have stated that JPM was a victim of government pressures to purchase Washington Mutual and Bear Stearns in 2008. Both acquired companies were responsible for 80% of the liabilities within this settlement.

The scary thing is, that monster fine is just a tiny hint of what's been going wrong with Wall Street...

Frank Holmes: Trying to Stop a Bull Market Has Risks

U.S. stocks have been on a tear. The S&P 500 Index has climbed a surprising 23% so far this year, as a global synchronized recovery takes shape and funds flow back to equities.

As I often say, investors take risks when they try to stop a bull run, and plenty of data suggest you might regret taking that action this year.

Consider the optimistic views from Joshua Brown, i.e. The Reformed Broker, as we have "all the rocket fuel we need for an explosion." There's no election, no war in Syria, and no taper talk. Banks are highly capitalized, stocks around the world are cheap and hedge funds' short positions are the highest since January, says Brown.

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Twitter IPO Price Conservative at $11 Billion; Date Moves to Nov. 6

Facebook's anemic 2012 initial public offering has gone down in history as one of the great IPO flops. Twitter, it seems, is eager to avoid repeating Mark Zuckerberg's mistake, with the Twitter IPO price set at a modest $17 to $20 per share.

At that price range, the offering of 70 million shares will raise between $1.1 and $1.4 billion for the company. It will give the company an initial market capitalization around $11 billion, excluding warrants, options, and restricted stock units.

there's something you should know about the latest tech darling...

Spark #1: Game-Changing New Contracts

From the Editor: We've been showing you Sid's research this week because he uncovered a new way to make money. So now that you've seen the charts, let's start looking at the "sparks." Sid just outlined all seven in his Small-Cap Rocket Alert. Here's the first… It goes without saying that a company that secures […]

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This 3.5% Payout Is "High Yield" in Disguise

If I offered you an investment that pays 3.5% a year, and one that pays 12% a year, which one would you choose?

All else being equal, we'd be fools not to take the 12% offer.

Of course, "all else" is rarely equal… especially in a rising interest-rate environment. "Growth," as you'll recall, is the new "income."

That's why we need to look well beyond yield to evaluate a dividend payer, and focus on total return.

The first company we'll look at today, for example, will pay you $12 a year for every $100 you invest in its stock. That certainly seems appealing.

But this second company - despite its lower payout - is a far better investment, for three reasons...

Stock Market News Today: Corelogic (NYSE: CLGX) Soars, NQ Mobile (NYSE: NQ) Gets Slashed

In the stock market today, equities are up modestly in the wake of positive data on manufacturing in China, which reached a seven-month high in October, pointing to a stronger economy there and globally.

The S&P 500 is down about 0.2% at 1,749 points, and the Dow Jones Industrial Average is up to 15,485 points. The Nasdaq Composite Index is up 0.5% at 3,926.

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Investing in IPO ETFs: Enjoy the Gains with Less Risk

As the market prepares for the highly anticipated Twitter initial public offering (IPO), many investors will be tempted to jump in by the promise of big gains.

As we've warned you, investing in IPOs can be a very high-risk enterprise.

Winners can double or triple your money in very short order. But losers can cut your investment in half, or worse, just as quickly. Anyone who was around for the dot-com bubble of the late 1990s probably still has nightmares about the disastrous IPOs from that era.

Actually, you can...