Archives for October 2014

October 2014 - Money Morning - Only the News You Can Profit From

Tech ETFs to Avoid as Amazon Tanks - and Two to Buy Instead

by

Amazon.com Inc. (Nasdaq: AMZN) stock has had a dismal 2014, down 24.1%. Now, AMZN isn't just hurting shareholders, it's also weighing heavily on some tech ETFs.

While AMZN has been falling all year, the Dow Jones Industrial Average is up 4.7%. The Nasdaq and S&P 500 are up 10.8% and 8.9% in 2014.

As AMZN continues its 2014 slide, investors can avoid the tech ETFs that invest heavily in the e-commerce giant. In fact, there's a competitor to Amazon that's boosting tech ETFs now.

Check it out...

Why Today's Gold Price Is Going Down - October 2014

by

Money Morning Resource Specialist Peter Krauth – a former portfolio adviser and a 20-year veteran of the resource market – explains why today's gold price is going down.

There are three contributing factors - and he "doesn't think the pain is over yet"...

The Dow Jones Today Hits New Record on Japan Stimulus, Oil Stock Earnings

by

Dow Jones today: U.S. stock markets roared again on Friday following a "surprise" announcement from the Bank of Japan and strong earnings reports from energy giants.

Let's take a look at today's scorecard.

Bank of Japan QE "Treat" Is a Massive Global Trick

by

Today (Friday) Japan announced new plan in their already aggressive Bank of Japan QE plan: more stimulus.

And while markets have been soaring on this new expected stream of easy money, it can't last.

Bank of Japan QE has given the markets a "sugar high." But how long before the markets have a heart attack?

Best Investments 2014: Time to Profit from $1.6 Trillion in Spin-Offs

by

Some the best investments for market-beating gains are corporate spin-offs.

In fact, research from a Lehman Bros. study found that spin-off companies beat the market by 40% on average in their first two years. A Penn State University study shows an average three-year return of 76% for spin-offs. That tops the market by 31%.

Money Morning's Tech Specialist Michael Robinson has spent decades analyzing tech stocks, and to him, spin-off companies are "easy money."

Here's the best way to play the market...

Wasteful Government Spending: "The Book Washington Doesn't Want You to Read"

by

Unfortunately, wasteful government spending never goes out of style. All the proof you need is right there in the latest "Wastebook" from Sen. Tom Coburn, R-Okla.

This year's edition – Coburn's fifth and sadly his last as he plans to retire at the end of the current Congressional session – contains $25 billion in wasteful government spending.

Here are 14 mind-boggling examples of misused taxpayer dollars from the 2014 Wastebook...

Why Silver Prices Are Falling and What's in Store for November

by

Silver was making strides this month, which is why people are wondering why silver prices are falling this week.

Dollar strength and soaring equities kept a lid on silver prices.

But there is room for optimism. Here's what to expect in the next month.

Stock Market Today on the Move from GRPN, LNKD, GPRO, CVX, and XOM

by

The stock market today is moving on news from some major earnings reports from GRPN, LNKD, GPRO, SBUX, CVX, and XOM.

Here's our morning roundup...

Stocks to Watch Today: XOM, CVX, CLX and More

by

Third-quarter earnings overall have been better than expected.

With some 244 companies reporting, the S&P 500 Index is on pace to post earnings growth of 6%. That's up from growth projections of 5.6% at the start of the week.

Hot stocks to watch today based on earnings focus on energy and consumer products.

Take a look...

Groupon Earnings Deliver One Takeaway: Don't Buy GRPN

by

The only noteworthy thing to take notice of with Groupon earnings: don't buy its stock.

Groupon Inc. (Nasdaq: GRPN) reported a mixed earnings season for third quarter.

But GRPN stock is not a long-term buy because of its severe underlying weaknesses.