Archives for September 2014

September 2014 - Page 5 of 23 - Money Morning - Only the News You Can Profit From

Citizens Financial (NYSE: CFG) Stock Jumps 7.3% in Debut; Industry Concerns Loom

Citizens Financial Group Inc. (NYSE: CFG) stock closed its first day of trading today (Wednesday) at $23.08, a 7.3% gain from its offer price of $21.50.

Citizens Financial had initially set a price range of $23 to $26 for its IPO price, so the $21.50 offer price was a disappointment for early investors. Still, the 140 million shares sold made CFG the second-largest IPO of 2014 by raising $3 billion.

The first-day pop for CFG stock was bigger than other banking IPOs in 2014 have seen. In fact, this has been a rough year for financial IPOs, and that doesn't bode well for CFG stock now...

Tesla Stock Price: Recent 14% Drop Means Time to Buy

The Tesla stock price opened at $245 per share today, a nearly 16% drop from the all-time high of $291.42 that it hit less than three weeks ago on Sept. 4. During that stretch, Tesla Motors Inc. (Nasdaq: TSLA) stock has posted a loss on seven of the 11 trading days.

And while that has many investors worried about the direction of the Tesla stock price, this recent pullback has actually created an excellent profit opportunity for those looking for a long-term buy.

You see, some analysts think TSLA has run out of momentum. But that's not the case; the Tesla stock price is headed much higher from here...

Maximize Your Alibaba (NYSE: BABA) Stock Profits with These Two ETFs

Money Morning thinks Alibaba Group Holding Ltd. (NYSE: BABA) could be the world's first $1 trillion company – which means a nearly fivefold share-price increase in the coming years.

And the best news for investors is that there are multiple ways to play Alibaba stock. You see, BABA's momentum has created excellent profit opportunities for several ETFs that are poised to add large quantities of BABA stock to their holdings.

Take a look at these two ETFs as additional ways to profit from Alibaba.

How Falling Crude Oil Prices Could Trigger an Unpredictable, Dangerous Mess

The dive in crude oil prices continued Monday as yet another sell-off targeted the energy sector for a particularly big hit.

This too shall pass. But the prospect of a protracted decline in oil prices is beginning to have broader policy implications in dangerous parts of the world, where rising prices have been the norm for most of the last decade.

As this situation develops, it could quickly get downright nasty…

Stock Market Futures Eyeing Syrian Airstrikes, Eurozone Concerns, and CFG IPO

Stock market today, September 24, 2014: Stock market futuresare up this morning about 0.2% for the major indices, a day after the S&P 500 fell for a third session in a row and the Dow Jones Industrial Average plunged 116 points. This all happened as U.S. airstrikes on Syria and continuing economic problems in the European Union and China rattled global markets. President Barack Obama said that the U.S. military will continue its airstrikes against ISIS fighters, raising new concerns in the international community.

Here’s what else you should know to make your Wednesday profitable:

The Washington-Wall Street "Corruption Corridor"

There's a new twist in an ongoing U.S. Securities and Exchange Commission (SEC) probe.

For months now, the SEC has been investigating whether anyone in the federal government leaked inside information to a Washington-based investment research firm.

While that was pretty juicy already, those investigators are now looking at up to 44 hedge funds that may have traded on that inside information.

If you already thought our public servants were greedy, dirty, and corrupt, well, this helps prove your case.

If, on the other hand, you think our folks in D.C. are pure, altruistic angels, today I'm going to convince you otherwise…

Eight New Picks from Our "Stocks to Buy Now" List (and None Are Alibaba)

Best stocks to buy for the week ending Sept. 19, 2014:Last week, U.S. market history was made when Alibaba debuted as the biggest IPO of all time. While we like BABA stock, it's not the only way to profit.

You can find all of last week's recommendations here in our newest list of the best stocks to buy now.

Including 2 top biotech picks, 2 energy stocks that take advantage of recent EPA rule changes, and more...

Bitcoin Price Gets 9% Lift from "Monumental Moment" with PayPal Deal

The Bitcoin price jumped as much as 9% today (Tuesday) after PayPal announced partnerships with the three largest Bitcoin payment processors – BitPay, CoinBase, and GoCoin.

The news arrested a two-month slide in the Bitcoin price that had dropped the value of the digital currency from more than $600 to under $400. The CoinDesk Bitcoin Price Index was hovering around $434 in mid-afternoon trading after reaching a high of $443.38.

Here’s why the announcement moved Bitcoin prices so much higher…