by Diane Alter
Gold prices jumped $28 to a six-week high Thursday while the Dow fell more than 200 points in afternoon trading.
February gold ended the day up $25.80 to $1,264.50 an ounce. Spot gold finished up $28.10 at $1,265.50.
Precious metal traders cited short covering, bargain hunting, and technical buying behind gold's gains. Unquestionably propelling the yellow metal's ascent Thursday was the steep intraday 217.42 point, or 1.33%, Dow plunge.
This news out of India is really what was driving gold prices...
This week's bearish numbers have some investors claiming a stock market correction has begun.
The Dow Jones Industrial Average slumped 0.52%, or 85 points, this week through market close on Wednesday and is on track for more significant losses today (Thursday) – around 225 points (1.18%) so far.
But Money Morning Defense & Tech Specialist Michael A. Robinson points to one big reason that's making him optimistic this is not correction territory. Watch this interview from his appearance today on FOX Business' "Varney & Co." to find out this bullish signal:
To watch the video, please click here...
Netflix Inc. (Nasdaq: NFLX) stock is up more than 15% this week after reporting strong earnings on Tuesday.
NFLX stock currently trades at $383, but Money Morning's Defense & Tech Specialist Michael Robinson believes the tech stock is heading to $500 – maybe by the end of this year.
See why Robinson is so bullish on NFLX, from his visit with Stuart Varney on FOX Business' "Varney & Co." today (Thursday):
To watch the video. please click here...
by David Zeiler
Microsoft Corp. (Nasdaq: MSFT) stock has been drifting lower this week as investors don't know what to expect from the Q2 2014 earnings due out today (Thursday) after the bell.
MSFT stock fell 0.66% Wednesday to $35.93. The stock is down nearly 4% year to date.
To continue reading, please click here...
From the Editor: Yesterday you had a chance to see the results of Keith's big "experiment," where readers who followed a core strategy had a chance to grow the value of their entire portfolio by as much as 717% in total gains. But that's not Keith's only secret. Here's another way to drastically improve your results…
Every investor has a story about the one "big gainer." But the really successful investors have several stories… and the data needed to replicate their success over and over again.
What's their secret?
It's not QuickBooks or an Excel spreadsheet or the yellow ledger and pencil some old-schoolers still use to log pluses and minuses in a single column.
They can be useful tools, of course. But neither of them tracks the decision-making process itself. It's not for nothing that Barron's research reflects that 85% of all buy/sell decisions are wrong. The reality is that most investors buy when they should be selling and sell when they should be buying.
It's only when you begin to understand what went into each trade that you can begin to replicate your successes and avoid your failures.
And for that you need an investment journal - one that records three things for maximum profits...
by Diane Alter
With double- and triple-digit gains possible in just one day, it pays to know how to invest in penny stocks.
Just look at Luna Innovations Inc. (Nasdaq: LUNA). Today (Wednesday) the stock jumped 89.39% to $2.50.
To continue reading, please click here...
The best example of how developments in the liquefied natural gas export boom can boost LNG stock prices is Cheniere Energy Inc. (NYSE MKT: LNG) – which soared 118% over the past year.
That may be just the start of the fireworks for LNG stock prices – especially Cheniere.
To continue reading, please click here...
by Tara Clarke
Coach Inc. (NYSE: COH) stock plunged as low as 8.13% today (Wednesday) after its Q2 earnings release delivered this disappointing data…
Analysts expected to see earnings around $1.11 per share and revenue of $1.48 billion. What they got instead was EPS at $1.06 and a revenue of $1.42 billion. The Q2 earnings represent a 16% drop from a year ago.
To continue reading, please click here...
by Tim Melvin
Wise investors covet insider stocks to buy because they realize something very important.
It's something mutual fund legend Peter Lynch once described very succinctly: "There are many reasons why insiders sell, but only one reason insiders buy." That reason being, of course, that insiders know something about their company that they are certain will drive the stock price higher.
we've spotted a pattern of insider buying that should prove very profitable...
As every savvy investor knows, multiples are one of the best yardsticks when it comes to finding undervalued oil and gas stocks to buy.
More often than not, that involves a hard look at the multiple of a company's earnings to determine whether or not a stock is fairly valued.
And the best part is, hardly anyone else is using it...
