Archives for June 2014

June 2014 - Page 18 of 22 - Money Morning - Only the News You Can Profit From

Seven Biotech Stocks to Watch Based on "Game-Changing" Cancer Treatment Updates

A number of promising cancer treatments were presented this week by key global pharmaceutical players at the 2014 Annual Meeting of the American Society of Clinical Oncology (ASCO) – which is why this is a key time of year to watch a specific group of biotech stocks.

The event, which this year took place May 30 – June 3, is attended by thousands of renowned oncologists, researchers, analysts, and investors. It is unquestionably the most highly anticipated and most news-generating cancer research meeting of the year.

ASCO can deliver a blockbuster, breakout drug that will not only lead to better cancer treatments, but one that will also bring in billions of dollars in revenue. Moreover, there's also the potential of a drug's developer becoming a profitable takeover target.

Check out this list of biotech stocks to watch post-ASCO.

Stock Market Today: Top News and Profit Plays to Make Now

The stock market today soared and the Dow Jones Industrial Average struck another record high on Friday after a positive jobs report and increased support from the European Central Bank.

After a sluggish start to 2014, the U.S. economy added 217,000 jobs in May, the fourth consecutive month of strong gains. Although the labor participation rate remained at a concerning 62.8%, the official unemployment rate remained at 6.3%.

Here's the scorecard from today's trading session and the top stories from the stock market today...

Goldman Sachs (NYSE: GS) Lines Up Its Next Victim: Ecuador

Unbowed by fines and new regulations, Goldman Sachs (NYSE: GS) has simply looked elsewhere for fresh victims.

In a deal that barely registered with the mainstream media, Ecuador's central bank agreed earlier this week to swap half of its gold reserves – worth $580 million – with Goldman in exchange for liquid assets.

The Ecuadorian central bank thinks it's going to earn $16 million to $20 million in profit over the three-year duration of the deal.

But Ecuador doesn't seem to realize it's dealing with Wall Street's most notorious pirate...

No Dozing: It's Time to Profit from the Rebound in Tech Stocks

Back on February, I explained why I was projecting an exceptionally volatile stretch for tech stocks.

And I even showed you the investment strategy to use to traverse it.

I knew that a strong tech rebound would follow the sell-off. And the investors who stayed in the game would cash in big when that resurgence began.

Well, this "new tech wave" we predicted has begun.

And now we'll show you exactly how to ride it for maximum profit...

Three Healthcare Penny Stocks to Watch with Breakout Potential in 2014

Health care stocks offer some of the best profit opportunities on the market as companies unveil new treatments, drugs, and products with huge revenue potential.

That's exactly why these three health care stocks have landed on our "penny stocks to watch" list for the remainder of 2014. They all have the potential to add to their revenue streams, and boost shareholders' investments this year.

Investors looking for the best penny stocks to buy in 2014 can take a look at our "penny stocks to watch 2014" list here...

Three Energy Penny Stocks Surging with Potential

Penny stock investing update: The world needs to invest some $48 trillion in energy through 2035 just to meet mounting global demand, according to a new study from the International Energy Agency (IEA).

In its World Energy Outlook series released Tuesday, the IEA said the current $1.6 trillion annual investment in energy must rise steadily over the coming decades to $2 trillion annually.

What the report means for investors is clear: lucrative opportunities await in the energy sector.