Archives for December 2013

December 2013 - Page 3 of 11 - Money Morning - Only the News You Can Profit From

New Obamacare Deadline Needs a Christmas Miracle

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Today (Monday), the Obama administration extended the Obamacare deadline to sign up for coverage by one day, to tomorrow. Consumers will have to enroll and pay in full by Christmas Eve to have insurance when coverage begins on New Year's Day, or else face a fine.

Most Americans are required to have health coverage in 2014 under Obamacare mandates, or they will face a fine of at least $95 for lapsed coverage.

This one-day Obamacare deadline extension isn't the first. Originally, it was set for Dec. 15. That was extended to Dec. 23, to give consumers additional time navigating the maligned website.

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What the China Mobile Deal Means for Apple Stock (Nasdaq: AAPL)

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After months of tantalizing rumors that Apple and China Mobile Ltd.  (NYSE ADR: CHL) were on the brink of an agreement to allow China's largest carrier to sell the iPhone, the companies finally confirmed the deal yesterday (Sunday).

It's a big new market for Apple's primary profit machine, so it should give Apple (Nasdaq: AAPL) stock a huge boost – right?

Well…sort of. But don't put in that order for a new yacht just yet…

To continue reading, please click here...

What the Fed Taper Means for Oil Prices

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Last Wednesday afternoon, after much gnashing of teeth, the Fed finally revealed its long-awaited quantitative easing (QE) taper plans…

And the Dow jumped by almost 300 points.

Now, the taper itself is small to start – just a $10 billion reduction for the month of January. But the announcement was coupled with a pledge to keep the Fed funds rate at zero beyond the 6.5% unemployment threshold.

and it's going to change global markets in a fundamental way...

The 10 Biggest Companies in the U.S. Today

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The numbers are in, and the amount of money fueling 2013's biggest companies is staggering…

The 10 biggest companies in the U.S. today earned a combined annual revenue of more than $2.2 trillion in fiscal 2012. That's $1.35 trillion more than the country's credit card debt, and $1.17 trillion more than total student debt.

These moneymakers have been ranked based on total revenue by Fortune. All of them are incorporated in, operated in, and filing taxes in the U.S.

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Wasteful Government Spending 2013: Who Spends $1 Million on a Bus Stop?

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One would think it nearly impossible to spend $1 million on a lowly bus stop, but with government anything is possible – no matter how absurd.

The extravagant bus stop is just one example of wasteful government spending detailed in the 2013 edition of the "Wastebook," compiled annually by the office of Sen. Tom Coburn, R-OK.

Coburn's team found $30 billion worth of wasteful government spending this year. While less than 1% of the total $3.8 trillion federal budget, what Congress chooses to fund in the face of massive budget deficits and a $17 trillion debt shows just how lousy they are at prioritizing how taxpayer dollars are spent.

What is Congress thinking?

The "$5 Rule" Gives You a Powerful Edge over Goldman Traders

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We hear it all the time, this notion that professional traders at top-tier Wall Street firms like Goldman Sachs, JPMorgan Chase, and HSBC have tremendous advantages over smaller, individual investors.

The system is rigged…

Too-big-to-failbankers are getting richer at the expense of the little guy…

And a lot of it's true. We reveal these "insider advantages" all the time here at Money Morning.

But as a former hedge fund trader at Goldman Sachs, I know firsthand that some of these notions are fantasy.

In some cases, operating outside the system gives you the edge, especially when it comes to "The $5 Rule."

It handcuffed me at Goldman, essentially forbidding me to make an irresistible trade. But it didn't ban my non-Goldman friend from the opportunity. So he made the trade.

And it worked.

He turned $50,000 into more than $1 million, in less than two years.

Clearly, this is an edge the big-gun institutional traders wish they had…

Clearly, this is an edge the big-gun institutional traders wish they had...

Stocks to Buy: This Tech Sector "Anomaly" Could Double Your Money By Spring

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I spend a lot of my time looking for "anomalies" in the tech market because they can lead to massive profit opportunities.

And there's one I see right now.

It involves a new market that's worth $970 million – even though it's still in its infancy. Of course, there are a number of players in this market. But it's the two top leaders I want to talk to you about today.

the stock that Wall Street misjudged will soon pay off big time...

Stock Market Today Still Climbing After Fed Taper

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The stock market today is still climbing, two days after Federal Reserve Chairman Ben Bernanke made the surprising announcement that the Fed would start tapering its quantitative easing policy in January.

The afternoon of the announcement, the Dow Jones Industrial Average jumped 292.71 points, the Nasdaq gained 46.38 points, and the S&P 500 was up 29.65 points. Since Wednesday, the Dow is up 404.71 points, the Nasdaq 86.17, and the S&P 500 41.78.

To watch the video, click here...

Top 5 Tech M&A Deals of 2013

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Through the end of October, the tech sector had logged 1,715 M&A deals worth approximately $104 billion, according to Dealogic.

By comparison, the entire U.S. M&A market had totaled 8,313 deals worth $960 billion in the same time period.

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