by Diane Alter
Crude oil prices made a sharp reversal today on two new developments …
After two punishing days of declines, the price of oil jumped nearly $2 a barrel shortly after 11 a.m. following unconfirmed reports of an oil explosion in Saudi Arabia.
But the real story is the recent Saudi oil price cut and what it means for U.S. oil producers...
The stock market surged Tuesday on news the Republican Party will control both chambers of Congress in 2015.
The GOP picked up at least seven Senate seats during the election, with three spots still uncertain. The GOP will also gain 14 to 18 seats in the House of Representatives.
by David Zeiler
With Republicans having won control of both houses of Congress, the reduction of corporate tax rates suddenly has a realistic chance of happening in 2015.
Now that the Republicans have real political power, they can't afford to continue a policy of simply thwarting President Barack Obama. That means focusing on issues where the two parties can find common ground . — and corporate tax reform tops the list. All sides agree that this is a problem that needs to be fixed.
But for U.S. companies, there's just one problem...
The Tesla Motors Inc. (Nasdaq: TSLA) stock price jumped 7% in afterhours trading today (Wednesday) after the company beat Q3 earnings estimates.
The company reported earnings per share (EPS) of $0.02. That translates to net income of $3 billion. Analysts had been predicting a loss of $0.01 per share.
by Tara Clarke
The companies that funded 5 key midterm election winners in 2014 helped make it the most expensive race in U.S. midterm election history. They also brought about some memorable firsts.
Here are the businesses behind our winners...
U.S. stock markets jumped Wednesday on a Republican surge in Tuesday's midterm elections and stronger than expected private-sector job growth. The Dow Jones and S&P 500 hit all-time record highs today.
Here are the scorecard and the most important market notes from the stock market today...
Today I'm going to give you access to a recommendation I released just hours ago to paid-up members of my specialized trading service, The Geiger Index.
Because I don't think you're going to see another entry point like the one I'm about to share with you for years.
So let's cut to the chase with today's stock of the day...
by Jim Bach
It's been wrongly assumed that defense stocks are a bad investment because of budget cuts.
But on the contrary, growing conflicts in the Middle East only further prove their value.
And even if you're not sold on the military angle, defense stocks are also a good buy because these companies are upping their presence in the civilian market.
Here are the big names, and what they're doing...
While everybody is focused on oil, natural gas prices are moving in a very different direction: up.
The week-long spike in price shows that natural gas doesn't necessarily move in tandem with oil.
And that is providing us with some really nice short-term opportunities...
Thanks to the drop in crude oil prices, some TV pundits are now talking about the end of the "new" oil age. With oil now trading in a band between $80 and $88 a barrel, there's a "new normal" for crude.
But lower oil prices never hit everyone the same. The little-known truth is that, in some cases, lower crude oil prices actually make some companies even more attractive.
