Archives for May 2015

May 2015 - Page 21 of 22 - Money Morning - Only the News You Can Profit From

Broke Greece Is Sitting on an Actual Gold Mine - And Wants to Shut It Down

The Greek debt crisis is bigger than the fate of a single gold mine, but this is a story about how political ideology often trumps common sense.

Greece should be doing everything it can to prop up its economy as it seeks to avoid a financial disaster.

But the leftist Syriza party, elected to power in January, has done everything it can to shut down a lucrative gold mine run by Canadian gold miner Eldorado Gold Corp. (NYSE: EGO).They say it's about protecting the environment.

But there's more to it than that - and it defies logic...

The 3 Best Biotech Stocks to Buy at Today's Discounted Prices

The biotech market has sold off last week, with the Nasdaq Biotechnology Index dropping 6.4% since April 23. And because of that, some of the best biotech stocks have dipped as well.

Now, investors are wondering if they should take their money to the sideline. But Money Morning's Bioscience Investing specialist Ernie Tremblay says this type of move is normal for the biotech market.

Here are three stocks we're recommending now that they're trading at discounted prices...

DJIA Futures Up 67 Points Today Ahead of Fed Speeches

DJIA futures for Monday, May 4, forecasted a 56-point increase over Friday's close.

On Friday, markets jumped more than 183 points on news that monthly consumer sentiment increased. U.S. automotive vehicle sales in April were higher than expected for manufacturers like General Motors Company (NYSE: GM) and Ford Motor Company (NYSE: F).

Here's everything else investors need to know about the stock market today...

Let's Make Silver Shine Even Brighter Than Gold

In the world of precious metals, silver is considered the "Poor Man's Gold."

Anyone who believes this nonsense will stay away from investing in silver for all the wrong reasons.

With the S&P 500 pushing resistance once again at 2,100, perhaps it's time to visit the land of the contrarian trader, for as the saying goes, as the stock market falls, the precious metals markets rise.

And I am interested in the "Poor Man's Gold" not only because it's priced far less than gold. I'm in it for the type of returns no man, poor or otherwise, can resist...

The Real Market Read on What Happened in April

T.S. Eliot must roll over in his grave every time some smart-alecky financial writer says that "April is the cruelest month."

Having to hear the anti-intellectual elite pretend to have read, never mind think they have the remotest understanding of those words or what follows in one of the most complex literary works of the 20th century is galling enough. But hearing that over-used phrase misused to excuse more underperformance and bad policy is flat-out nauseating.

April 2015 was only cruel to those who remain wedded to the idea that markets are rational, trends move in straight lines, and policy makers have the remotest clue of what they are doing.

April 2015 was only cruel to those who remain wedded to the idea that markets are rational, trends move in straight lines, and policy makers have the remotest clue of what they are doing.

China's "Slow" Growth Is Still Creating Huge Money Opportunities

If all you've been hearing regarding China recently is noise about its economic slowdown, you need to find a better news source.

Investors need to stop worrying over China's long-expected gradual slowdown.

Do so and you likely will see, as my guest today does, the long-term growth ahead for key tech sectors in the world's most populous nation.

I'm talking about the kind of growth that will fill investors' portfolios with soaring profits for years to come...