By Garrett Baldwin, Executive Producer, Money Morning - • Print | Email
S&P futures today (Tuesday) forecasted a 9-point drop from yesterday's S&P close. Dow futures followed a similar path.
S&P futures today are moving in anticipation of January's Case-Shiller housing index numbers as well as chatter about a potential hike to interest rates. Today features three presentations from Federal Reserve presidents.
By Garrett Baldwin, Executive Producer, Money Morning - • Print | Email
The DJIA today soared 263 points, bringing 18,000 back into the Dow's line of sight again. The cause for the surge? Several key deals in the healthcare sector plus big gains for energy stocks.
The S&P 500 energy sector jumped more than 1.8% on the day. Today's most active energy stocks were Exxon Mobil (NYSE: XOM), up 2.45%; and Chevron (NYSE: CVX), up 2.51%.
Here are the day's top stories plus our new profit tip for investors...
By David Zeiler, Associate Editor, Money Morning • @DavidGZeiler - • Print | Email
When word got out Friday that Intel Corp. (Nasdaq: INTC) was in talks to buy fellow chipmaker Altera Corp. (Nasdaq: ALTR), Intel stock rose 6.4%.
That tells you how much this deal would benefit Intel. Usually the prospect of a large acquisition causes a company's stock to drop.
But buying Altera will fuel Intel's already thriving data center business – the company's best answer yet to its failure in the mobile market.
What Altera brings to the table will end up being a huge catalyst for INTC stock...
By Kyle Anderson, Associate Editor, Money Morning • @KyleAndersonMM - • Print | Email
Oil prices are on the rise to end March. On March 26 WTI oil hit a high of $52.46. That's a 19% climb from the lows it hit just two weeks ago.
And as the price of oil rises, shares of the United States Oil Fund LP (NYSE: USO) are climbing too. The crude oil ETF is up 9% since March 18.
You see, investors are flooding into this oil ETF as a way to play rebounding oil prices.
By David Zeiler, Associate Editor, Money Morning • @DavidGZeiler - • Print | Email
The recent addition of Apple Inc. (Nasdaq: AAPL) to the roster of Dow Jones Industrial Average companies begs the question of which changes to the DJIA we're likely to see next.
Right now, several big and growing U.S. companies are prime candidates to join the DJIA when the committee makes its next move. And looking at the current list of Dow Jones Industrial Average companies, it's not hard to find those most likely to get the boot.
Three stocks in particular have the best shot to be next to join the Dow Jones...
By Garrett Baldwin, Executive Producer, Money Morning - • Print | Email
Good Morning!U.S. stock futures for Monday, March 30, forecasted a 10-point retreat from Friday's close. The DJIA index added 33 points Friday to end a four-day losing streak.
What to Watch Today: The Atlanta Federal Reserve conference kicks off, and the central bank will again be in focus. On Friday, Janet Yellen said the bank will tighten monetary policy. However, given that markets have been used to zero-interest rates for seven years, the markets will require a long process with few surprises along the way.
By Garrett Baldwin, Executive Producer, Money Morning - • Print | Email
The DJIA Index added 33 points Friday to end a four-day losing streak. The cause? Biotech and healthcare stocks rebounded to pull markets upward as investors search for value after this week's sell-offs.
Fed Chair Janet Yellen gave a speech on monetary policy in San Francisco 15 minutes before the closing bell. Yellen indicated that rate increases this year are likely, but the pace will be gradual.
Here are the other top stories from today, plus our new profit tip...
By Garrett Baldwin, Executive Producer, Money Morning - • Print | Email
Good morning! Stock futures today (Friday, March 27) forecasted a 10-point retreat from yesterday's close. On Thursday, The DJIA managed to bounce back from early triple-digit losses but still closed down 39 points, notching its fourth consecutive drop.
This morning, it's all about fourth-quarter GDP. The U.S. Commerce Department will release its final estimate on GDP for the last quarter of 2014. Economists expect the final level to tick up to 2.4% growth over the quarter.
By Tom Gentile, America's No. 1 Pattern Trader, Money Morning • @powerproftrades - • Print | Email
Even though we're in the middle of March Madness right now, I'm not going to talk about this year's "Cinderella" teams, which come out of nowhere and make it to the Final Four in college basketball.
No… the real "Cinderella" story is happening at U.S. box offices. A simple Disney remake of the classic film managed to gross over $70 million in one weekend earlier this month. There's clearly investment potential in this success.
Let's take a look at Disney's Cinderella story and let its magic bolster our investment profits...
By Garrett Baldwin, Executive Producer, Money Morning - • Print | Email
The DJIA today managed to bounce back from early triple-digit losses but still closed down 39 points. The S&P 500 struggled to its fourth-straight daily decline.
Investors brushed aside concerns about a pending interest-rate hike by the Federal Reserve and jitters over the upcoming earnings season.
Here are the day's top stories, plus our new profit tip for investors...
