by Alex McGuire
The price of crude oil struggled to stay above the $30 mark today as Big Oil firms report weak earnings and hopes of a production cut from OPEC fade.
But there are five reasons why investors shouldn’t avoid the energy sector in 2016.
First, here's what you need to know about oil's movement today...
by Diane Alter
Ferrari NV (NYSE: RACE) reported mixed Q4 results and uninspiring guidance Tuesday, sending Ferrari stock sinking more than 15% to an all-time low of $34.03. At today's low, the Ferrari stock price is now down more than 44% from its all-time high.
But there's a bigger reason Money Morning experts recommend avoiding Ferrari stock in 2016, aside from today's earnings report.
But first, here are today's earnings figures...
by Frank Holmes
Recent events only add to speculation that we're headed for a global recession as soon as 2016.
Here U.S. Global Investors CEO Frank Holmes looks at how previous recessionary periods have affected stocks.
All investors - especially those fearing a stock market crash - should take a look at this...
The Iowa caucus 2016 results are in. Republican candidate Ted Cruz and Democratic candidate Hillary Clinton are the victors.
The caucus has many in the financial community wondering how it will affect stocks.
by Diane Alter
GOOGL stock climbed more than 5% this morning (Tuesday) to an all-time high of $807.94 after parent company Alphabet crushed earnings after the bell Monday.
by David Zeiler
Alphabet stock has hit a milestone only a select few companies ever reach.
On Tuesday morning Alphabet Inc. (Nasdaq: GOOGL), formerly known as Google Inc., dethroned Apple Inc. (Nasdaq: AAPL) as the most valuable company on the planet following a strong Q4 earnings beat.
But what's remarkable is that Alphabet has reached this pinnacle with so much growth potential ahead of it.
Here's how Alphabet became the world's most valuable company...
by Alex McGuire
Exxon earnings were released before the opening bell today, and the oil giant beat analyst expectations.
Although XOM stock is down after the report, we recommend holding it if it's in your portfolio.
Last week, Russian Energy Minister Alexander Novak claimed that Saudi Arabia had proposed a 5% cut in oil production.
That set the oil price roller coaster off and running, with crude prices shooting up to levels not seen in a month.
There is only one problem. My contacts in OPEC and Saudi Arabia tell me that things look very different behind the scenes.
Here's what's really going on...
Find out what's ahead for the stock market today.
Get your update on the Dow Jones Industrial Average, stocks to watch, the biggest stock market news, and today's best profit plays.
by Alex McGuire
p>Etsy Inc. (Nasdaq: ETSY) will release its full-year and Q4 earnings report tomorrow (Tuesday, Feb. 2).
We expect the ETSY stock price to fall after the company posts its fourth quarterly loss in a row.
And there are two long-term factors that will pull Etsy stock lower in 2016...
