Archives for February 2015

February 2015 - Page 16 of 18 - Money Morning - Only the News You Can Profit From

Crude Oil Price Today at $47.95 Marks Huge One-Day Drop

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The oil price today (Wednesday) abruptly fell below $50 again.

The oil price drop came after another weekly supply announcement. The U.S. Energy Information Administration reported crude oil supplies rose by 6.3 million barrels to 412.1 million in the week ended Jan. 30.

Here's everything you need to know about oil's sharp decline today...

Gold Price Today Sees Modest Gains - Higher Move on the Horizon

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The gold price today jumped $10, or 0.80% to $1,271 an ounce in morning trading. The gains came despite typical headwinds for the yellow metal: a stronger dollar and slipping oil prices.

The yellow metal gave back some of those gains in the afternoon session. Just before 1 p.m., gold was hanging on to a $2.70 rise at $1,263.80.

Here's a look at the three factors moving gold prices today...

Latest "Stocks to Buy Now" List Highlights New Tech and Currency Profit Plays

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Last week, our Money Morning experts dished out the best stocks to buy now to build the strongest portfolio – all for free.

Chief Investment Strategist Keith Fitz-Gerald knows of a New York-based company ready to profit from Eurozone woes.

Check out the rest of last week's picks in our newest list of the best stocks to buy now...

2015 Layoffs Blow the Cover Off the Job "Recovery"

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Just over a month into the new year, and the 2015 layoffs are already mounting.

What gives? The economy is recovering. The unemployment rate rests at a six-year low of 5.6%. And sinking gas prices have stoked consumer confidence.

The job cuts are evidence that the touted job recovery has been artificially inflated.

Here's a look at 12 recent job cuts across several sectors and what's behind them...

These Stock Charts Prove Markets Are at a Tipping Point

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These stock charts all show different market indexes. They all look the same. Don't they?

And they're not the only indexes that look this way – check out the Dow Jones Transportation Average and the PHLX Semiconductor Index as well.

Not only do they look the same, but they're all pointing to the same place – a danger zone.

This is visual proof that markets are at a tipping point...

Dow Jones Futures Today Down On Fading Oil Price Rally

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Dow Jones futures today forecasted a 24-point decrease from yesterday's close on concerns that rising oil prices are fading.

The DJIA surged another 305 points Tuesday after oil prices rose for a fourth-consecutive trading session. Improving auto sales and hopes for a Greek debt deal also lifted stocks on the day.

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 Wednesday...

This Bitcoin Price Chart Shows What's Blocking Faster Adoption

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The Bitcoin price chart for January shows volatility is just as much of an issue for the digital currency as ever.

But for Bitcoin to gain mainstream adoption, this problem must be solved. A currency that can Bitcoin's tendency to lose 20% to 40% of its value in a matter of days, or even hours, discourages its use for daily transactions.

The good news is that the mechanisms to achieve Bitcoin price stability have already begun to appear...

Why the DJIA Rose Today - 305-Point Gain

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The DJIA added another 305 points Tuesday. The cause? Oil prices surged once again.

Higher energy prices helped Caterpillar Inc. (NYSE: CAT), Exxon Mobil Corp. (NYSE: XOM), and Chevron Corp. (NYSE: CVX) all jump more than 2.5% on the day.

Soaring auto sales and hopes for a Greek debt deal also lifted stocks today.

Here's a closer look at why the DJIA rose today -- plus our new tip for investors...