Archives for February 2014

February 2014 - Page 4 of 20 - Money Morning - Only the News You Can Profit From

Why the Rising Tide in Oil Hasn't Been as Good for Offshore Drilling Ventures

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The spread between West Texas Intermediate (WTI) and Brent continues to narrow.

Thanks to additional new U.S. pipeline capacity and the growing volume of oil product exports from American refineries, the glut of excess storage at Cushing, Okla., is shrinking.

This ongoing glut has been the single biggest reason why WTI trades at a discount to Brent. As I write this, WTI is approaching $104 a barrel and Brent $111.

With crude oil prices continuing to rise, you would think that would be good news for both onshore and offshore drilling ventures.

But it's just not so, at least in the short term...

Don't Believe the Headlines - Big Banks Are Still Screwing You

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When it comes to big banks' bad behavior and the fines they pay to settle "allegations" – which are actually civil charges and which would be criminal charges if applied to any other business or in any parallel universe – things aren't even close to what they seem.

Sure the headlines scream victory, at least monetary victory, for some ripped-off consumers, some hard-charging regulators, and our vaunted (NOT) Justice Department.

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Why Target Corp. (NYSE: TGT) Is a Buy, Despite Bad Earnings

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Target Corp. (NYSE: TGT) will report Q4 2013 earnings Wednesday morning. Look for two recent events to depress TGT's numbers – which means if markets react negatively, investors can buy this solid retailer at a discount.

Wall Street expects Target Corp. to report fourth-quarter earnings per share (EPS) of $0.80 on revenue of $21.46 billion, up $0.56 from the previous period, but down from $1.47 on revenue of $22.73 billion when compared to a year ago in the same period.

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Triple-Digit Gains... With Easy "Insurance" Against Risk

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How do single-day stock gains of 40%, 50%, 75%, even a 100% or more sound? If you're anything like me they sound pretty darn great.

Those kinds of gains happen almost every day, but the mainstream financial media would much rather focus on recent stories such as: FB jumps 14% on increased mobile revenue, GOOG rockets ahead 13% on higher top line, or TSLA up 8% on higher than expected sales of the Model S.

Small-cap biotech stocks can deliver triple-digit gains – or they can crash if clinical trial results disappoint.

Here's how to limit your losses...

Netflix Inc. (Nasdaq: NFLX) Deal Does Not Mean Net Neutrality Is Dead - Yet

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On Sunday, Netflix Inc. (Nasdaq: NFLX) announced a massive deal with Comcast Corp. (Nasdaq: CMCSA). The agreement would pay the country's largest cable provider a premium to ensure reliable, high-quality streaming services to Netflix subscribers.

For an undisclosed figure, Comcast will connect directly to Netflix's servers, a move expected to dramatically improve Netflix's streaming quality.

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What Pushed Facebook Inc. (Nasdaq: FB) Stock to Record Highs This Week

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Monday's broad-based rally sent the S&P 500 Index to an intraday record and also helped push Facebook Inc. (Nasdaq: FB) stock to an all-time high of $70.92.

Shares of the social networking giant climbed 3.4%, or 2.33 points, to the new high. Volume was heavy, with 76.63 million shares changing hands – compared to FB's average daily volume of 63 million shares.