Archives for November 2016

November 2016 - Page 25 of 27 - Money Morning - Only the News You Can Profit From

Dow Jones Industrial Average Ticks Higher as Fed Holds Rates Steady

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The Dow Jones Industrial Average today is up after the Fed decided not to raise interest rates in November.

The Fed is expected to raise interest rates, though, in December.

But that's not the only story you need to know about- here's all the important stock market information to get you ready for Nov. 3...

Global Stock Markets Mixed; Trump, Crude Oil Are Bearish Elements

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European stock markets were mostly firmer Thursday after a U.K. court ruled the government would need a vote from U.K. Parliament to officially start to leave the European Union (Brexit). The ruling could delay the process of the U.K. pulling out of the EU.

European market watchers were awaiting the results of the Bank of England monetary policy meeting Thursday.

Asian shares were mixed Thursday, with Japan closed for a holiday. U.S. stock indexes are pointed toward weaker openings

Why Bearish Traders Should Look Good Next Year

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By now, you know I'm absolutely crazy about data. I've got tons of it – years of price records on the best stocks on the S&P 500… years of earnings data… proven, backtested patterns, and a lot more.

All that data is one of the reasons why we do so well with our trading.

News networks like data, too, but they don't have the same variety and depth of data I've got at my fingertips. Nowadays, they're focused exclusively on every upcoming jobs and GDP report they can get their hands on. 

Here's the thing – by themselves, those reports aren't worth paying much attention too, let alone basing your trading decisions on them.

But in the right context, these data can confirm or predict trends. Last week, for instance, I mentioned that quarterly earnings could point the way to a recession by March 2017.

Today I have to tell you that that recession is looming even larger on the horizon, so we'll want to alter our trading accordingly.

You see, I'm looking at another piece of data, an indicator, used by some of the most successful traders in the business, to see exactly how the economy is doing in real time.

This is incredibly accurate, and you don't have to have special access to anything to take a read on this powerful indicator, either.

It's as easy looking out your car window...

Snapchat Stock Update: Snapchat Spectacles Could Make Billions   

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In our Snapchat stock update this week, there's an important development investors need to know about.

Snapchat is set to release its first hardware product, sunglasses that take videos, this fall.

The glasses will cost $129.99, but in the next few years, these glasses could generate billions of dollars for Snapchat. Here's how...