Archives for November 2013

November 2013 - Page 9 of 10 - Money Morning - Only the News You Can Profit From

Currency Trading: Stellar Drop in the Euro Triggered $3,000 Profit

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Last week's U.S. Federal Reserve decision – by which the Federal Open Market Committee (FOMC) left rates unchanged, but more importantly did not change their rhetoric going forward about the condition of the economy, or the future plans to taper excessive stimulus – delivered a very memorable week for currency trading.

Plunging from a high of just above 1.38 to a close at the weekly low of 1.3485, the EUR/USD collapsed 315 pips (points in percentage) to gain more than $3,000 on a single contract.

Of course, as all good traders know, one does not pick the absolute high and the absolute low…

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The Biggest Tech IPOs to Hit the Market

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Thursday, micro-blogging site Twitter (NYSE: TWTR) will debut as a publicly traded company on Wall Street's Big Board. Many analysts – including those at Money Morning – will steer clear of the hotly anticipated IPO – but TWTR has had no trouble generating investor interest.

The San Francisco-based company even increased its price range Monday on roughly 70 million shares from $17 to $20 per share to $23 to $25. The move values the company at a whopping $13.9 billion, or 26 times its revenue over the last 12 months. Twitter hopes to raise as much as $1.75 billion.

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Best Stocks to Buy Now: A Money Morning Weekly Wrap-Up

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Money Morning's best stocks to buy last week focused on key earnings reports, the Federal Open Market Committee meeting, and the continued climb of market indexes.

Markets closed out October – a month haunted by the specters of the 1929 and 1987 crashes – with the Dow Jones Industrial Average up 3.6% and the S&P 500 higher by 5.4%. Year to date, the indexes are up 19.7% and 24.2% respectively.

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4 Drug Stocks to Buy Now to Capitalize on Emerging Market Growth

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It is a truth universally acknowledged that a developing country with a rising middle class must be in want of a higher standard of living.

In other words: Emerging economies want more stuff, they want better stuff, and they're willing to pay for it… and this is as true for medicine as for luxury cars and Levi's.

That's why these economies are driving the bulk of growth in the global pharmaceutical market.

We've identified the handful of companies best-positioned to take advantage of this...

This Kind of Tech Can Make You Extraordinarily Wealthy

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From the Editor: Michael's "$1 Million Giveaway" starts at 1 p.m. ET tomorrow. So if you haven't registered for his free, members-only webinar, click here. And get ready to hear about an incredible ground-floor tech opportunity. In the meantime, here's why Michael is so willing to share his research with us…

So far this year, the average technology IPO has gained some 60% from its offering price, handing investors hundreds of millions in new wealth.

Dividend Stocks That Raised Payouts in October 2013

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With so many factors triggering market uncertainty, like the timing of the Fed taper and a lackluster earnings season, investors continue to love their dividend stocks – especially with so many raising payouts in October.

It's an interesting time for dividend seekers. According to Fidelity Investments, corporate cash balances sit at some $1.8 trillion – the highest in history. Yet, payout ratios are still at 50-year lows. That suggests there's plenty of room for dividends to rise.

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The Highest Paid CEOs in America

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Most chief executives of major corporations earn millions of dollars in base salary, but that's not all they get (just take a look at how the highest-paid CEOs in America make their money).

Total CEO compensation includes perquisites, bonuses, and stock options, among other things.

In fact, the great bulk of CEO compensation does not come from base salaries. Even the highest CEO base salaries fall under $10 million. It's all the other goodies that push total CEO compensation miles past $10 million.

Is anyone really worth that kind of money?

More Obamacare Taxes Will Hit Your Wallet January 1

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Even if Obamacare hasn't altered your insurance coverage, it will affect your taxes.

The new healthcare law brings the largest set of tax law changes this country has seen in more than 20 years.

According to the Government Accountability Office, the IRS must implement a total 47 statutory provisions under Obamacare. And Obamacare's $1 trillion in total tax increases will hit drug companies, Health Savings Accounts, health insurers, employer-based health insurance, and more.

The administration says these taxes are absolutely essential to fund Obamacare.

Get ready to pay up...

Tesla Motors (Nasdaq: TSLA) Stock Up 8% Ahead of Earnings; Here's What to Watch

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Tesla Motors Inc. (Nasdaq: TSLA) has seen a meteoric rise of 410% since the start of 2013, and the electric automaker is set to announce its third-quarter earnings tomorrow (Tuesday) after market close. TSLA climbed 8% today to $175.18 ahead of the report.

Analysts predict earnings of $0.11 per share for the electric automobile manufacturer. The California-based company suffered an earnings loss of $0.92 per share in the third quarter of 2012.

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