Archives for March 2015

March 2015 - Page 5 of 22 - Money Morning - Only the News You Can Profit From

Nasdaq Pre-Market Falling on This Week's Biotech Woes

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The Nasdaq pre-market showed further signs of trouble, with Nasdaq futures plunging 46 points. This was the day after the Nasdaq Composite fell 118 points – its steepest one-day decline in almost a year.

Likewise, Dow futures today forecasted a 130-point slide from the Dow close yesterday, when the DJIA index plunged 292 points.

Here are some of today's pre-market movers in the stock market today, as well as your "Money Morning Tip of the Day..."

The Housing "Recovery" Is Fabricated Optimism

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When I moved to Sarasota in 1999 I was invited by a prominent local to an "un-wedding wedding" to make new friends in town. I accepted the invitation and, not wanting to display my ignorance, avoided asking the burning question, "What's an un-wedding wedding?"

Inevitably I found out what an un-wedding wedding is. It's a full-blown wedding, only the host isn't actually getting married. They want to get married but aren't, and go through the motions anyway.

The truth about the manipulation of celebratory events to fabricate optimism about a desired future reminds me of the state of housing in America today. Here's why...

DJIA Today Fell 292 Points - Here's What Happened   

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The DJIA today fell 292 points. The Nasdaq suffered its steepest one-day decline in almost a year.

What happened? A wide sell-off in the biotech and technology sectors outpaced gains fueled by news of a merger between Kraft Foods Group (Nasdaq: KRFT) and H.J. Heinz Co. Continued weakness in Europe also remains a central concern to investors.

Here are the day's top stories, plus our new profit tip for investors...

An Oil Price Forecast for the "New Energy Age"

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The oil price forecast calls for higher crude ahead, but not enough to save the day. The pivotal issue of the cost per barrel has taken a back seat to a more crucial issue at hand.

One that could lead to a more protracted fiscal crisis in the future. Because, while under the "old rules" oil prices could move up to meet budgetary needs.

But that's not the case anymore. Here's what it means for oil prices down the road...

The Best Mutual Fund in Tech Owns Zero Shares of Apple or Google

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The best mutual fund in tech has managed annual returns of nearly 11% without owning a single share of a big tech darlings.

And yet the performance of the Fidelity Select IT Services Fund (MUTF: FBSOX) makes it the best mutual fund in the tech sector for the past 15 years.

Since March 10, 2000 – the peak of the tech bubble – the fund has posted an average annual return of 10.9%. According to Lipper, that's more than double the second-best mutual fund in the tech sector.

The secret lies in choosing a certain kind of tech stock...

Best Long-Term Stocks to Buy Now: BABA, AAPL, BA

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One of the key parts of a successful wealth-building strategy is finding the best long-term stocks and holding them for years.

Solid long-term stocks let you collect gains steadily for five, 10, or 20 years while you focus on finding other investments and opportunities. You can check in with them every quarter and see if anything has changed or adjust your holdings if your investment priorities are different. But for the most part, they are low maintenance, low risk, and high reward.

Now, we've picked three of the best long-term stocks on the market today. Each of these three stocks are leaders in their respective industries. They also have solid balance sheets and growth projections.

One just saw its revenue jump 40% in the most recent quarter. Another has annual revenue of $226 billion with gross profit margins near 40%. The third expects its industry to fill $5.2 trillion worth of orders in the next two decades.

But those aren't the only reasons we're recommending them. Here's why these three stocks will be profit machines for years to come...