Archives for February 2015

February 2015 - Page 14 of 18 - Money Morning - Only the News You Can Profit From

Cybersecurity Stocks a Top Pick for 2015 - Here's Where to Start

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Cybersecurity stocks just got a huge "buy" sign this week from Washington…

When U.S. President Barack Obama delivered his budget proposal Monday, he called for a $14 billion to boost cybersecurity efforts. The Pentagon alone has requested $5.5 billion in funding for cyber defense.

While the budget will be picked apart by republicans, cybersecurity spending is one area that will remain a priority for both parties.

Here's the major profit opportunity cybersecurity stocks are seeing in 2015...

The Saudis Are Losing Their Leverage over Oil Prices

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In an oil market version of a game of chicken, Saudi policymakers are trying to make U.S. producers blink first. And it's starting to work.

U.S. rigs are being brought offshore and drilling projects are being shelved. This will have an impact on the supply side in short order. By this summer, oil prices may be back to a range of $65 to $70 a barrel.

But in waging this doomed oil price war and pushing home its point, the Saudis have made a fatal mistake...

Stock Market Today Will Move on This Good-but-Bad Jobs News

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Stock market today, February 6, 2015: U.S. stock futures for Friday, Feb. 6, showed a 7-point increase from yesterday's close. The Dow Jones added 212 points Thursday on rising oil prices and news that Pfizer Inc. (NYSE: PFE) will purchase Hospira Inc. (NYSE: HSP) for $17 billion, or $90 per share.

This morning, investors will look past gloomy European economic data and focus on earnings reports and the U.S. jobs report.

The good news: at 8:30 a.m., the Bureau of Labor Statistics announced the U.S. created approximately 257,000 jobs, handily topping consensus expectations of 234,000. The bad news: the unemployment rate in January unexpectedly climbed from 5.6% to 5.7%.

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 Friday...

Lessons We Learned in Kindergarten Could Be Eating into Our Gains

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Most individual investors, whatever their background, don't want to cut losses because they're programmed since childhood with an aversion to… being wrong.

We all want to be right.

As a result, they sit, paralyzed, in losing trades far longer than they should, letting small (manageable) losses turn into huge (catastrophic) losses.

It's unsurprising, if you think about it. It's all in the programming.

Most professional traders, on the other hand, don't have this problem. In fact, they don't particularly care if they are right on every trade. This sounds crazy, but it's not uncommon for a professional trader to be wrong 75% – 85% – or more – of the time.

In fact, I remember legendary trader Dennis Gartmann explaining once that the more trades he was "wrong" on, the more money he made at the end of the year.

Let me show you how this counterintuitive, profitable mindset works. You're going to love the gains you start pulling down once you see this...

How the Greek Debt Crisis Will Affect U.S. Markets

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As remote as the Greek debt crisis may seem, ripples from whatever happens there definitely will hit U.S. markets.

The new leftist government of Greece is currently tangling with the European Central Bank. While both sides seem very far apart, Money Morning Chief Investment Strategist Keith Fitz-Gerald thinks the ECB will blink first.

To find out what Fitz-Gerald thinks of the Greek debt crisis and what it means for investors, watch this video.