Archives for January 2015

January 2015 - Page 7 of 23 - Money Morning - Only the News You Can Profit From

Greek Election and These Top Stories Send U.S. Stock Market Lower Today

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Good Morning! Following the Greek election yesterday, the U.S. stock market opened down today (Monday) from Friday's close.

What to Watch Today: Keep a keen eye on Greece. Over the weekend, Greek voters gave power to its far-left, anti-austerity party Syriza. The party, which received 36% of the vote, has promised to renegotiate terms of the nation's harsh bailout terms. Leaders across Europe have shared their concerns about the state of Greece's economy and how its new leadership is expected to affect the wider Eurozone.

Here's what else you should know about the stock market today - including your "Money Morning Tip of the Day" - to make it a profitable Monday:

IBM Stock Is Taking Yet Another Hit

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In late October, I warned investors to avoid IBM stock. 

At that time, the stock was trading around $162 per share. Today it is trading at a shade under $158 per share, and could be heading much lower.  

"Big Blue's" transition, or perhaps we can call it "turnaround," is at best stalling, and at worst, setting investors up for more disappointment as evidenced by its fourth-quarter (2014) earnings report. 

In fact, let's cut to the chase right away: IBM's just reported fourth-quarter earnings laid another egg. 

It's simply not going well for IBM, and here is how we need to play IBM stock today...

Protect Your Money From the QE Delusion

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While this week's announcement of a massive new QE program by the European Central Bank (ECB) was the worst kept secret in the world, it may not produce the results that everyone expects.

For one thing, while the immediate reaction was to push European interest rates lower, recent experience in the US shows that QE results in higher rates.

And while everyone is talking about deflation – and Europe is definitely experiencing deflation – the US is still experiencing inflation that could lead the Fed to start raising rates by summertime.

So before getting too carried away with celebrating another major central bank opening up the printing presses, investors should take a serious look at the facts and then decide how to play the markets.

Saudi Dynasty After King Abdullah: A Visual Guide

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Saudi King Abdullah bin Abdulaziz passed away late Thursday at age 90 after a short illness. His death triggered the biggest challenge to the Saudi dynasty in 50 years…

You see, the founder of the Saudi state, King Abdulaziz ibn Saud, decreed only that his first son would inherit the throne. Over the six decades that have followed King Abdulaziz ibn Saud's rule, succession has passed from brother to brother, almost always in order of their age.

But the last of the current line of 35 brothers will soon die out completely.

That means for the first time in Saudi history, the throne will be passed to the third generation of the family...

Box (NYSE: BOX) Stock Soars 77% in Debut, but Challenges Remain

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Box Inc. (NYSE: BOX) stock soared 77% in its debut today (Friday), reaching a high of $24.73 per share.

The Box IPO raised $175 million, as the company sold 12.5 million shares for $14 each. The $14 offer price was above its proposed range of $11 to $13 per share.

But just because BOX stock surged out of the gate doesn't mean you should buy in now. Take a look at all these challenges awaiting the company...