The news of rate cuts from the European Central Bank (ECB) is giving traders more reason to short the euro.
This looks like a further step toward large-scale quantitative easing in the Eurozone, and the euro is likely to see devaluation at the hands of inflationary cues from the ECB.
Last month Apple Inc. (Nasdaq: AAPL) stock reached an all-time high. This fall we'll see several more reasons why Apple stock is headed much higher.
That's what Money Morning Defense & Tech Specialist Michael Robinson said in an appearance today (Tuesday) on FOX Business' "Varney & Co.," as he talked about the many new products the tech giant is planning to announce at its Sept. 9 event.
Here's what Robinson expects to see from Apple next Tuesday and why he thinks it will drive AAPL stock much higher...
With Apple Inc. (Nasdaq: AAPL) stock having breached its all-time high recently, many investors have been wondering how much juice the tech giant still has left.
Plenty, says Money Morning Defense & Tech Specialist Michael Robinson, who stated in an appearance on Fox Business' "Varney & Co." today (Wednesday) that the Apple stock price will rise 40% from its current level of about $102 to $142.85 in approximately 24 months.
Here's why Robinson is so incredibly bullish on Apple stock...
Over the past several months, ISIS forces in Iraq have been selling oil from captured refineries on the black market in order to fund their terrorist activities and wreak havoc on the region.
Despite the crisis in Iraq, crude oil prices are down this month near $93 per barrel.
But Money Morning's Global Energy Strategist Dr. Kent Moors says a "great danger" in the region could send crude oil prices much higher.
Burger King Worldwide Inc. (NYSE: BKW) is up nearly 25% today (Monday), following news that the company is negotiating the purchase of Canadian coffee chain Tim Hortons Inc. (NYSE: THI).
The move would create the third-largest fast-food company in the world, and would allow Burger King to move its headquarters to Canada - thus avoiding the high corporate tax rates of the United States. There have been more than 50 similar "tax inversion" deals in the last decade.
By leaving, Burger King is just doing exactly what the government "mandated that they do," and that could pay off big for shareholders...
Money Morning's Chief Investment Strategist Keith Fitz-Gerald joined CNBC's"Closing Bell" program yesterday and said the newly released Fed meeting minutes show that one thing is clear: The Federal Reserve is just "making things up as they go along."
Even more unnerving - the Fed's ridiculous conclusions have triggered some concerning moves in the markets.
Take a look:
Crude oil prices are down this week as WTI trades near $97 per barrel today (Wednesday), after hitting a high of $106.64 in late June.
Prices spiked in June as ISIS militants swept across large portions of Iraq and took control of many northern oil fields. However, the crisis has not impacted the southern oil fields where Iraq's exports are located. And that's the reason many analysts see oil prices falling.
But according to Dr. Kent Moors, that isn't the whole story...
On Monday Intel announced that its first-ever low-power chips, designed for tablets and other small devices, will hit the market before the year's out. Dubbed "Core M" processors, the chips are less than 10 millimeters thick - perfect for Windows-based "convertible" tablet-laptop combinations, and even for the MacBook Air redesign according to AppleInsider.
The "Core M" is just one of four reasons Money Morning Defense & Tech Specialist Michael A. Robinson is a big fan of Intel stock.
Watch Robinson's appearance on FOX Business' "Varney & Co." to hear them all...
On Tuesday afternoon, Money Morning Defense & Tech Specialist Michael A. Robinson joined FOX Business' "Varney & Co." to talk about trouble brewing for Tesla stock (Nasdaq: TSLA)...
A new review released Tuesday morning from Consumer Reports said that Tesla's Model S "has more than its share of problems."
Watch the video to see why, despite the less-than-glowing review, Robinson is a huge fan of the Model S and of Tesla stock.
Today (Monday), Fed Vice Chairman Stanley Fischer conceded in a speech in Stockholm, Sweden that global recovery and growth have been "disappointing" since the Great Recession hit in 2007. Janet Yellen's No. 2 went on to warn listeners that these so-far weak economic recoveries may point to a permanent downshift in the world's top economies like the United States, China, Germany, and others.
Money Morning Chief Investment Strategist Keith Fitz-Gerald appeared on FOX Business'"Varney & Co."this afternoon to weigh in on Fed Vice Chairman Fischer's comments.
Facing rampant inflation and a shortage of dollars, Venezuela's state-owned oil company, Petróleos de Venezuela SA (PDVSA), is looking to sell its Citgo assets for $10 billion.
But the deal may be undervalued, and the PDVSA's financial problems may be the work of the Venezuelan government.
Despite a wide expectation that it would, Walgreen Co. (NYSE: WAG) yesterday (Wednesday) announced it would not relocate its headquarters overseas as part of a tax inversion deal designed to avoid the high U.S. corporate tax rate.
Wall Street was not amused, lopping 14.5% from the WAG stock price.
While a tax inversion would have saved the company millions in lower taxes, Walgreens in the end made the right decision.
Which social media powerhouse - Facebook Inc. (Nasdaq: FB) or Twitter (NYSE: TWTR) - should investors buy now?
That's the question host Stuart Varney posed to Money Morning Defense & Tech Specialist Michael Robinson on FOX Business' "Varney & Co." program yesterday (Tuesday).
While both FB stock and TWTR stock are looking attractive right now, Michael had no problem whatsoever choosing one over the other...
The European Union is prepared to place sanctions on Russia, based on Russia's actions in the Ukraine, and many are wondering about the economic impact of the sanctions.
Money Morning's Global Energy Strategist Dr. Kent Moors joined CCTV last night (Thursday) and discussed why these Russian sanctions by the EU may not have a huge impact on the Russian economy short term.
However, the Russian sanctions could have a major long-term effect, particularly on Russia's energy sector...
Investors needed to sleep on a deceptively boring earnings report, but by this morning the positive news the company shared in its conference call had pushed Apple Inc. (Nasdaq: AAPL) stock up nearly 3%.
Much of that had to do with the iPhone, the Cupertino, Calif.-based company's most important product and the primary catalyst of Apple stock.
But investors weren't just reacting to the encouraging iPhone news.
Microsoft Corp. (Nasdaq: MSFT) stock has climbed 42% in the last year and has reached its highest value in more than 14 years.
So how should investors play MSFT stock now that it's trading at such high levels?
Money Morning's Defense and Tech Specialist Michael Robinson appeared on FOX Business' "Varney & Co." yesterday (Tuesday) and told investors why he's bullish on MSFT stock, and how they should play the stock now...
Apple Inc. (Nasdaq: AAPL) stock has climbed more than 56% in the last year and is currently trading just below its 52-week high of $97.10.
But with reports that the new iPhone 6 will have a similar screen size as competitor Samsung's signature smartphone, some are wondering if Apple is starting to become a "follower" instead of a "leader."
Money Morning's Defense and Tech Specialist Michael Robinson joined FOX Business' "Varney & Co." today and discussed apple's strategy behind the bigger iPhone model, plus where AAPL stock is going in the long-term...
Mexican business magnate and second-richest person in the world (behind former Microsoft CEO Bill Gates) Carlos Slim hit the headlines yesterday (Monday) when he shared a radical theory about revolutionizing the work week.
Money Morning Chief Investment Strategist Keith Fitz-Gerald appeared on FOX Business' "Varney & Co."for a roundtable discussion on Carlos Slim's proposal.
Here's what Carlos Slim suggested, and the debate he sparked...
Alibaba stock will most likely hit the market in September, following one of the largest initial public offerings in history.
Alibaba Group Holding Ltd. (NYSE: BABA) could raise upwards of $20 billion in its public offering, and the high-level Chinese officials who own stake in the company are in for a huge payday when it goes public.
But will retail investors find profits in Alibaba stock as well?
Privately held Airbus S.A.S. has filed a U.S. patent application for some space-saving - but altogether uninviting - seats to go in its aircraft models.
Watch Money Morning Defense & Tech Specialist Michael A. Robinson in an interview with FOX Business' "Varney & Co." on Tuesday as he discusses whether Airbus' airline seat design is a viable new market offering...
A controversial choice for a new public relations chief could soon affect Apple stock (Nasdaq: AAPL).
In his third Stock Talks video, Money Morning Executive Editor, William Patalon, III, shares the unique story behind Boeing stock.
The Boeing Co. has a proven track record of bouncing back from scandals - and making a whole lot of money for investors.