Archives for June 2014

June 2014 - Page 14 of 22 - Money Morning - Only the News You Can Profit From

Our Most "Unconventional" Investment Is in an Incredible Rally Right Now

by

Investing in Bitcoin may go against the grain – as it is anything but a conventional investment – but sometimes that's what it takes to maximize your returns.

And lately, those who have been investing in Bitcoin despite a string of bad publicity for the digital currency have been rewarded to the tune of a 45% gain in less than a month.

In recent months, we've seen a number of negative Bitcoin stories in the mainstream media, suggesting it was a bubble in the making.

During that period, I have remained one of the few tech analysts to say the Bitcoin market remains not only healthy, but faces a very bright future indeed…

Full Story...

Stock Market News: Two-Day Dow Decline for the First Time Since Mid-May

by

Stock market news today, June 12, 2014: The Dow Jones Industrial Average slipped for a second-straight session Thursday for the first time since mid-May. The S&P 500 and Nasdaq also finished in the red.

Here's the scorecard from today's trading session:

DOW: 16,733.33 (-0.66%)
S&P 500: 1,930.06 (-0.71%)
NASDAQ: 4,297.63 (-0.79%)

Here's a roundup of the other top stock market news stories from today...

Bitcoin News: Expedia Latest Big Name Merchant to Take Bitcoin

by

Online travel site Expedia's (Nasdaq: EXPE) announcement yesterday (Wednesday) that it had started accepting Bitcoin for hotel payments is a significant piece of Bitcoin news, as shows an increasing willingness among big-name merchants to adopt the cryptocurrency.

The Expedia announcement follows that of DISH Network Corp. (Nasdaq: DISH) two weeks ago that it would let its customers pay in Bitcoin, and that of Overstock.com in January.

Now another major U.S. merchant is close to accepting Bitcoin - and this will get everyone' s attention...

What This New U.S. Retail Site Means for Upcoming Alibaba IPO

by

With the Alibaba IPO still several months away, the Chinese e-commerce firm took a major step toward increasing its brand awareness in the United States yesterday (Wednesday) when it launched the website 11main.com.

11 Main connects boutiques and small-store owners directly to consumers and allows these businesses to create their own pages on the site.

The website brings a new layer to Alibaba’s business, but more importantly, it brings the Chinese giant to the U.S. before its IPO...

Google Stock Just Got a Lot More Enticing

by

With Google Inc. (Nasdaq: GOOG, GOOGL) extending its reach into many diverse areas, sometimes it's hard to determine whether Google stock is a good buy.

But a recent acquisition could extend Google's reach into areas that will greatly enhance its bottom line, Money Morning Capital Wave Strategist Shah Gilani said on the Wednesday edition of FOX Business' "Varney & Co."

In this video, Shah reveals which Google acquisition has him so intrigued – and why…

Read More…

Time to Profit (Again) from the "ASCO Effect"

by

The American Society of Clinical Oncology meets every spring. It's attended by some 30,000 people and hosts 4,000 presentations.

Investors like us love ASCO because of the so-called "ASCO Effect" – a hefty surge in cancer-focused biotech stocks that always accompanies the start of this meeting.

And we usually recommend an oncology stock or two ourselves.

This year's ASCO turned us on to an important new trend – one that's shaping up as the next big profit opportunity in biotech.