By Jim Bach, Associate Editor, Money Morning • @JimBach22 - • Print | Email
For weeks now biotech stocks have headlined our list of top stocks to invest in for 2015.
And a particular biotech ETF is showing signals that this is rally is sector-wide, not confined to the smaller companies who get big lifts from specific price catalysts.
Here's why biotech stocks are so hot in 2015, and what this biotech ETF is telling us...
By Garrett Baldwin, Executive Producer, Money Morning - • Print | Email
The Dow Jones Industrial Average reversed a streak of three consecutive weekly losses and added 201 points on Friday.
Why the gain? Declining dollar raised corporate earnings enthusiasm, while the markets got a boost from Nike Corp. (NYSE: NKE) earnings and exciting news in biotech.
Here are the day's top market stories, plus our new profit tip for investors...
By Kyle Anderson, Associate Editor, Money Morning • @KyleAndersonMM - • Print | Email
Wearable tech, medical tech, and cybersecurity are three of the most promising tech sectors we like investing in today. And all of those fields were the stars of the South by Southwest (SXSW) Interactive 2015 festival in Austin, Texas, this week.
Tech innovations are on full display at the festival's exhibition halls, where nearly 600 exhibit spaces are rented. In just four days, more than 65,000 people file through dozens of aisle ways to see demonstrations and product unveilings from robotics, virtual reality, gaming, and more.
SXSW sounds like it's mostly for tech junkies, but it's a treasure trove of profit opportunities for investors. It points to where the money will flow.
By Dr. Kent Moors, Global Energy Strategist, Oil & Energy Investor • @KentMoors_OEI - • Print | Email
Janet Yellen triggered a move in oil prices on March 19. West Texas Intermediate (WTI) soared 3.7% and Brent jumped 4.4%.
The talking heads jumped on their chance respond. "Nothing the Fed Chair said indicated a retreat from any pending rate hike!" cried the pundits.
So why all the market exuberance? Here what "Yellen's Effect" really means for oil prices...
By Shah Gilani, Chief Investment Strategist, Money Morning • @ShahGilani_TW - • Print | Email
The Fed's Chairwoman Janet Yellen spoke of "bad bank culture" on March 18. Apparently, it's not the Fed's concern.
"While changing the culture of organizations is not something that we can achieve through supervision, we will make sure that the banks that we supervise have appropriate compliance regimes in place."
By Garrett Baldwin, Executive Producer, Money Morning - • Print | Email
Good Morning!Stock futures for Friday, March 20, forecasted a 141-point gain for the DJIA today from yesterday's close. The Dow Jones Industrial Average shed 117 points on Thursday thanks to a slump in oil and commodity prices and a stronger dollar that weighed down energy and material stocks.
What to Watch Today: Keep an ear to two speeches from Members of the Federal Reserve, Charles Evans and Dennis Lockhart. They will be scrutinized for any insight on when the central bank could increase interest rates.
By Dr. Kent Moors, Global Energy Strategist, Oil & Energy Investor • @KentMoors_OEI - • Print | Email
It's getting to be crunch time in the negotiations between the West and Iran over Tehran's nuclear program.
Despite an ill-advised attempt by U.S. senators to scuttle the talks, it's clear the negotiations in Geneva will continue.
Now, TV pundits have taken to the airwaves suggesting that an agreement would flood the market with Iranian oil.
Combined with production surpluses in the United States and elsewhere, the "instant" prognosticators are pushing their Armageddon pricing scenario again, putting additional pressure on oil prices.
Meanwhile, those playing the new "Iranian card" are shorting oil even further.
It's just the latest example of a self-fulfilling prophecy.
It works like this…
Chicken Little of "The Sky is Falling Brokerage" hits the airwaves warning of a collapse in prices, only to earn huge off-camera profits based on what he just said.
Meanwhile, average investors are left holding the bag as share prices fall.
By Money Morning Staff Reports, Money Morning - • Print | Email
The deadline for submitting 2014 tax returns is fast approaching.
What you pay this year is largely determined by what you did in 2014. But now is a great time to make sure you're doing everything possible so you don't overpay next time around.
That's where tax-efficient investing comes in.
By Garrett Baldwin, Executive Producer, Money Morning - • Print | Email
The Dow Jones Industrial Average today shed 117 points. The reason? A slump in oil and commodity prices and a stronger dollar weighed down energy and material stocks.
The markets pulled back after yesterday's announcement that the central bank will not increase interest rates until the nation sees an improvement in its jobs picture and inflation begins to rise.
Here are the day's top market stories, plus our new profit tip for investors...
By Tara Clarke, Associate Editor, Money Morning • @TaraKateClarke - • Print | Email
Tesla CEO Elon Musk hinted via tweet Sunday at a breakthrough that would eliminate electric car drivers' greatest fear.
The Model S is already fantastic in terms of range compared to its electric competitors. Each of the four variations delivers ranges between 208 and 270 miles per charge, compared to competitors' 100 miles per charge.
Still, the news was well-received by investors – Tesla stock shot up 3.72% Monday.
