Conditions just happen to be ideal right now for activist investing. That means a lot of stocks will be targeted - and a lot of share prices will get a jolt. You can get a piece of those gains for yourself, but you have to beat the likes of Carl Icahn to the punch. And the only way to do that is to identify potential targets before they do.
Biggest stock market news today, before the opening bell: The government shutdown that kicked in yesterday after lawmakers could not agree on a federal budget last night has done little in the way of dampening the stock market. With politicians at odds now, investors are anticipating a faster resolution to another issue -- the debt ceiling issues that will come to the foreground in about two weeks.
While some 800,000 government employees are now furloughed with another million asked to work without pay, investors seem to believe this closure will be short-lived. The shutdown is the first in the U.S. in since 1995.
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One sign that the U.S. shale oil boom is still in its infancy is that major new discoveries are being made all the time. The most recent, located in Texas, is believed have three times as much recoverable oil as such well-known formations as the Bakken and Eagle Ford. The companies that got there first figure to profit the most. And we know who they are...
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