Archives for October 2015

October 2015 - Page 8 of 30 - Money Morning - Only the News You Can Profit From

Dow Jones Industrial Average Moving Today - October 2015

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Futures for the Dow Jones Industrial Average today (Monday, Oct. 26, 2015) were down 20 points as investors prepare for a very busy week of economic data and a critical meeting of the U.S. central bank.

This morning, new home sales will be in focus as the housing market attempts to maintain its positive momentum. The home sales report comes a day ahead of the Federal Reserve's seventh monetary policy meeting of 2015. The Fed Open Market Committee is unlikely to raise interest rates in October, but it could change language on its statement regarding monetary policy.

Here are the other top stories moving the Dow Jones Industrial Average today...

A New Double-Digit Opportunity That Analysts Are Missing - Again

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There's an old joke on Wall Street: God invented analysts to make weather forecasters look good.

Meant as a tongue-in-cheek poke at the complexity of financial markets, it's unfortunately all too true.

Most conventional analysts are often myopically focused and very close – too close – to the companies they cover. More often than not, they fail to see critical product developments, miss industry-specific competitor information, and appear blind to basic common-sense developments that could materially affect stock prices.

Worse, they're often bullish when they should be bearish and bearish when they should be bullish.

Like lemmings, they'd rather go off the cliff together. The fact that they take millions of unsuspecting investors with them is an afterthought.

That's bad if you depend on them – but great if you know how to pounce on the openings they inadvertently create.

We've talked about this several times over the past year with great success. Each time, you've had the opportunity to rack up double-digit returns on analysts' "mistakes."

This time around, though, I think the potential may be even bigger...

As The Markets Keep Dreaming, Listen for These Alarms

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Markets have no memory. So once again they are rallying based on false hopes that central bankers will save them from themselves.

Despite a stealth bear market in many stocks, the major indices have recovered all of their 2015 losses in October. They've been boosted by several factors – large cap tech stocks, expectations for a delay in Fed tightening, more European QE, and further interest rate cuts by an increasingly desperate China…Such are the stuff that dreams are made of in the terminal stages of one of the biggest bull markets in history.

As I've written before, I believe that bull market is over and we are now likely entering a bear market. There are too many macroeconomic headwinds to sustain further stock market gains.

The Chinese economic miracle is over. Commodity prices are not going to recover any time soon...

The Hillary Clinton Email Saga Has One More Ticking Time Bomb

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The Hillary Clinton email scandal could yet derail her campaign, which of late has looked virtually unstoppable.

Rivals have dropped out, and she's again rising in the polls. And yet the Hillary Clinton email scandal continues to stalk the campaign. It's the last real obstacle between her and the Democratic nomination for president.

Here's why it could end up being the kryptonite that destroys her quest for the presidency...