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oil prices

OPEC Shorts Are Driving Down the Price of Oil

The conflict between OPEC and U.S. shale/tight oil producers has entered a new phase. And the result has been an accelerated decline in the price of oil.

There is excess supply on the market and a correction has been in order even without the latest OPEC move.

Here's our take on the international scheme to keep oil prices down...

Top News

Merck, Pfizer Earnings Send Shares in Opposite Directions (NYSE: PFE) (NYSE: MRK)

The Pfizer earnings and Merck earnings reports were both released this morning (Tuesday), and investors are acting differently to these major pharmaceutical stocks.

Pfizer Inc. (NYSE: PFE) stock was up 1.3% in early trading despite missing earnings per share estimates. Merck shares were down 2% despite topping estimates.

Here's why the stocks are behaving so differently...

China

How to Protect Yourself from China's Crashing Stock Market

Chinese stocks plummeted again yesterday.

The Shanghai Composite tanked 8.48% to 3725.56, while the Shenzhen Composite fell 7% to 2160.09. And the ChiNext, China's smaller equivalent of the Nasdaq, fell 7.4% to 2683.45.

Based on everything the Chinese government and regulators have done to stem the sharp sell-off in Chinese shares and pump them back up, the unexpectedly big drop yesterday, on virtually no discernible bad news, could signal a serious crash ahead.

U.S. and international investors need to understand what's going on in China and position themselves to profit on a full-blown market crash there that could ignite global contagion...

tech sector

How Wall Street Put Apple (Nasdaq: AAPL) Stock in "Animal House"

This is really gonna surprise you, but Apple Inc. (Nasdaq: AAPL) stock and the old comedy "Animal House" have some astounding similarities.

Remember how the Deltas were in so much hot water that Dean Wormer had to put them on "double secret probation"?

Well, that's happening to Apple stock right this very moment...

Stock Market Crash

China Stock Market Crash by the Numbers

Today's China stock market crash was the sharpest one-day decline in eight years.

The 8.5% decline in the Shanghai Composite Index is equal to a whopping 1,500 drop in the Dow Jones Industrial Average.

Keep reading for more startling numbers from China's Stock Market Crash on Monday...

Precious metals

Gold Price Prediction 2015 After the "Flash Crash"

Gold price prediction 2015: A gold "flash crash" shook markets July 19, sending the metal down $50 an ounce in a matter of seconds to its lowest level since 2010.

But the tumble didn't stop there. In fact, last week's events were so dramatic they necessitate an updated gold price prediction for 2015.

"Gold's hard-and-fast tumble below $1,100 an ounce last week means some investors may be tuning out the yellow metal or suffering from gold 'burnout,'" Money Morning Technical Trading Specialist D.R. Barton, Jr. told readers July 27. "But ignoring it is a huge mistake. It has been and always will be one of the best stores of value, and it's a crucial hedge against economic upheaval. It's a must-have holding."

Here's exactly what happened to gold last week - and our new gold price forecast to make the yellow metal work for you in coming months...

Bitcoin

Gemini Bitcoin Exchange from the Winklevoss Twins Is One Step Closer to Launch

The Gemini Bitcoin exchange, another Bitcoin-related Winklevoss twins project, took a major step forward last week.

Cameron and Tyler Winklevoss filed an application with the New York State Department of Financial Services (NYSFD) for the Gemini Bitcoin exchange to operate as a trust company.

Here's why the Gemini Bitcoin exchange matters...

Stock Market Crash

How to Profit from China's Stock Market Crash Today

Investors around the world are worried about a stock market crash in China. But instead of panicking, there's a way you can profit from China's stock market crash.

The Shanghai Composite Index fell 8.5% today (Monday) in the largest one-day drop for Chinese stocks since Feb. 27, 2007. The index is now down more than 27% from early June.

Here's how you can profit from China's stock market crash today...

top news

Teva to Buy Allergan Generics in $40.5 Billion Deal (NYSE: TEVA)

Teva to Buy Allergan Generics: Teva announced Monday it will buy Allergan Generics in a deal valued at $40.5 billion.

The move further cements Teva's position as the world's biggest seller of off-brand drugs, and it allows Allergan to focus on its higher-margin brand-name drugs.

Here's everything investors need to know about the deal now...

Apple

How Much Cash Does Apple Have? (Nasdaq: AAPL)

Every quarter, people can't help but ask, "How much cash does Apple have?"

That's because every time Apple Inc. (Nasdaq: AAPL) reports earnings, its cash pile increases. And with fresh results just in – the Apple Q3 earnings were delivered on Tuesday – we have a new, bigger tally: $202.8 billion.

To get an idea of how big this number is, here are some crazy examples of how Apple could spend it...