With many companies at fresh 52-week highs, investors may question the wisdom of putting more money to work. The fear is that a stock tapping new higher prices could be ready for a fall.
So what do you do when a stock is near its yearly highs? It is a bad time to open a new position or add to an existing one? Or do you sell and take profits?
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If you've been eyeing a new gas-guzzling SUV as your next vehicle, you may want to reconsider that Prius once more.
That's because today's low gas prices won't be around forever and oil prices aren't about to "tank" any time soon.
The DJIA Index fell 85 points Tuesday, retreating from record territory. The cause? Lower than expected auto sales and mixed retail earnings reports.
The Nasdaq dipped back below the 5,000 level, giving up most of Monday's gains. The tech-heavy index was pulled down by Microsoft (Nasdaq: MSFT) and Cisco Systems (Nasdaq: CSCO), which fell 1.3% and 2.15% on the day, respectively.
Here are the top stories from today, plus our new profit tip for investors...
by Alex McGuire
Every day, our Money Morning experts serve up the best stocks to invest in now for readers who want to build a strong portfolio.
Each week we collect the latest recommendations in one roundup, in case you missed any.
Here are all eight picks in our newest compilation of the best stocks to invest in now...
by Shah Gilani
Hedge fund managers could destroy the housing market all over again. How do we know?
We've got every step of their secret plan laid out: which houses they're going to invest in, how they'll get their leverage, the list goes on.
Go ahead and have a look for yourself...
by David Zeiler
The first Bitcoin ETF ordinary investors can buy will be the Bitcoin Investment Trust.
With approval last week from the Financial Industry Regulatory Authority (FINRA) to sell its shares on the OTC Markets, shares should start trading within the next couple of weeks.
The fund gives investors a way to invest in Bitcoin without going to the trouble of buying Bitcoin and worrying about having a secure place to store it.
by Jim Bach
If you're wondering, "Is silver a good investment?" – we don't blame you.
Silver prices have been very volatile over the last year. The spot price of silver in the last 12 months has been has high as $22 and as low at $15.30 an ounce.
But silver is always a good bet, and it might be an even better bet now...
Good Morning! U.S. stock futures today (Tuesday) forecast a 42-point decrease for the DJIA from yesterday's close. Citigroup Inc. (NYSE: C), Best Buy Co Inc. (NYSE: BBY), and Lumber Liquidators (NYSE: LL) are today's pre-market movers.
What to Watch Today: Investors will be watching a slew of earnings reports from retail companies. Firms reporting this morning include JD.Com Inc. (ADR) (Nasdaq: JD), Kate Spade & Co. (Nasdaq: KATE), Dick's Sporting Goods Inc. (NYSE: DKS), AutoZone Inc. (NYSE: AZO), TiVo Inc. (Nasdaq: TIVO), and Navistar International Corp. (NYSE: NAV).
The DJIA today surged another 155 points, hitting a new record. The S&P 500 also hit a new record, while the Nasdaq crossed the 5,000 level for the first time since March 2000.
What caused the surge? Tech stocks led the way, fueling increased optimism in the sector. China also made a surprise announcement with its monetary policy. The news offset concerns about domestic data.
Here are the day's top stories, plus our new profit tip for investors...
by David Zeiler
Money Morning's oversold stock pick of the week is digital display maker Planar Systems, Inc. (Nasdaq: PLNR).
Sometimes stocks get beaten down unfairly – but they're actually a great value. Planar stock got slammed for lowering its guidance in early February.
But Money Morning Defense & Tech Specialist Michael Robinson thinks the 33% drop in PLNR stock over the past few months is an overreaction.
Here's why the rush to dump Planar stock was premature...
