<![CDATA[Money Morning]]> en-us <![CDATA[Dow Jones Industrial Average Today: Your 5 Must-Read Stories]]>

For the fourth straight trading session, U.S. stocks climbed on news that General Electric Co. (NYSE: GE) and Morgan Stanley (NYSE: MS) and other companies beat quarterly expectations.

The Dow Jones Industrial Average today fell 16 points to 16,408.5; the S&P 500 gained 2.5 points to 1,864.8; the Nasdaq rose 9.2 points to 4,095.5.

The post Dow Jones Industrial Average Today: Your 5 Must-Read Stories appeared first on Money Morning - Only the News You Can Profit From.

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<![CDATA[Hot Stocks to Watch: This Week's Earnings Winners and Losers]]>

Some hot stocks to watch today are those making big moves on earnings news.

Two high profile tech companies slumped after missing Wall Street estimates. But, a couple of investment banks, a beverage giant and a gourmet burrito chain all reported better-than-expected numbers and moved higher.

The post Hot Stocks to Watch: This Week's Earnings Winners and Losers appeared first on Money Morning - Only the News You Can Profit From.

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<![CDATA[Energy Investing Alert: Soon All Investors Will Be Able to Hit It Big in Oil and Gas]]>

Last September the SEC changed its regulations on how big-time oil and gas projects can be financed, allowing smaller investors to participate directly in owning parts of oil and gas production.

We moved forward with Money Map Project #1 soon after, releasing it to our subscribers at the end of last year.

That project was limited to "accredited investors."

The post Energy Investing Alert: Soon All Investors Will Be Able to Hit It Big in Oil and Gas appeared first on Money Morning - Only the News You Can Profit From.

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<![CDATA[Low Weibo IPO Price Didn't Hurt Stock, but Can This Rise Continue?]]>

The WeiboIPO price was a disappointment to investors today (Thursday) when the company offered shares at $17 and raised $286 million.

But that didn't stop WB stock from surging 44% in its opening day of trading.

The post Low Weibo IPO Price Didn't Hurt Stock, but Can This Rise Continue? appeared first on Money Morning - Only the News You Can Profit From.

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<![CDATA[Why the Stock Market Is Closed on Good Friday]]>

Wall Street is full of adages, superstitions, and myths - and that includes the explanation of why the stock market is closed on Good Friday.

Good Friday is the only non-federal holiday when the NYSE closes. Rumor has it that it's closed due to serious crashes that occurred in the years it did open that day.

The post Why the Stock Market Is Closed on Good Friday appeared first on Money Morning - Only the News You Can Profit From.

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<![CDATA[Three Orphan Drug Stocks to Buy When the Biotech Market Is Down]]>

There's no sugarcoating it: Biotech stocks have had a rough run in the past month.

But when other investors are running for the hills, Money Morning experts are finding profit plays. With biotech stocks trading lower, there are excellent buy-in opportunities on valuable biotech companies.

Orphan drugs offer some of the best profit plays in biotech as the have extremely lucrative markets cornered.

The post Three Orphan Drug Stocks to Buy When the Biotech Market Is Down appeared first on Money Morning - Only the News You Can Profit From.

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<![CDATA[Stock Market News: One of the Biggest Earnings Weeks of the Year]]>

Stock market today, April 17, 2014: Good morning. Further developments out of Ukraine could weigh heavily on the markets today.

That said, it's a busy day for earnings.

The post Stock Market News: One of the Biggest Earnings Weeks of the Year appeared first on Money Morning - Only the News You Can Profit From.

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<![CDATA[These Stocks Will Prosper Regardless of Obamacare's Fate]]>

Now that all the key deadlines for Obamacare have finally taken effect, a lot of tech investors are busy trying to figure out how this will affect their portfolios.

It's easy to see why. This is the largest and most fundamental change to hit the healthcare sector in decades.

Not only that, but Wall Street is currently trying to pick the winners from the losers - and frankly isn't doing a particularly good job of it.

Fact is, Obamacare is at least partly responsible for some of the biotech sector's recent sell-off... Full Story

The post These Stocks Will Prosper Regardless of Obamacare's Fate appeared first on Money Morning - Only the News You Can Profit From.

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<![CDATA[Why Tesla Motors (Nasdaq: TSLA) Stock Is Confusing the Experts]]>

When you think about Tesla Motors, do you consider it an auto company or a tech company?

If you're having a tough time choosing, you're not alone. A lot of investors and analysts are getting tripped up by Tesla's unusual hybrid nature as a maker of innovative electric cars.

That confusion explains why Tesla has been such a volatile stock.

The post Why Tesla Motors (Nasdaq: TSLA) Stock Is Confusing the Experts appeared first on Money Morning - Only the News You Can Profit From.

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<![CDATA[Dow Jones Today Surges on Yellen's Confidence]]>

The Dow Jones today ended up 1.00% to 16,424.65 on U.S. Federal Reserve Chair Janet Yellen's comments that the U.S. economy was on the rise.

Yellen said the Fed expects the economy to reach maximum employment and meet inflation targets by the end of 2016.

The Standard & Poor's 500 Index rose 1.05% to 1,862.31, and the Nasdaq rose 1.29% to 4,086.23.

The post Dow Jones Today Surges on Yellen's Confidence appeared first on Money Morning - Only the News You Can Profit From.

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<![CDATA[Janet Yellen's Speech on Monetary Policy: Three Big Questions Answered]]>

Janet Yellen gave her first speech on monetary policy today (Wednesday) since assuming her position as chair of the U.S. Federal Reserve on Feb. 3, 2014.

While cautioning that the economy still needs the central bank's support, Yellen stated that the nation's economic recovery will be nearing completion within two years.

The post Janet Yellen's Speech on Monetary Policy: Three Big Questions Answered appeared first on Money Morning - Only the News You Can Profit From.

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<![CDATA[Alibaba IPO: Profits Soar as Investors Await Filing]]>

Yahoo! Inc. (Nasdaq: YHOO) shareholders and prospective Alibaba investors were eagerly awaiting the Yahoo earnings report yesterday as it provides a glimpse into Alibaba's financial numbers.

The report didn't disappoint, as Alibaba saw its profits more than double in the fourth quarter of 2013.

The post Alibaba IPO: Profits Soar as Investors Await Filing appeared first on Money Morning - Only the News You Can Profit From.

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<![CDATA[Mt. Gox Bitcoin Exchange Headed Toward Liquidation]]>

The bankrupt Mt. Gox Bitcoin exchange took another step toward oblivion when the Tokyo District Court dismissed its application for civil rehabilitation and steered it on a path to liquidation.

That news is of concern to the 127,000 Mt. Gox customers who had money stuck in accounts there - liquidation usually reduces any restitution.

But the Japanese administrator taking over the Mt. Gox assets left open a possibility that at some point could allow the failed exchange to pay back customers.

The post Mt. Gox Bitcoin Exchange Headed Toward Liquidation appeared first on Money Morning - Only the News You Can Profit From.

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<![CDATA[The Eagle Ford Shale Will Boost These Oil Stock Prices in 2014]]>

The Eagle Ford shale formation in Southern Texas is experiencing an unprecedented oil boom. With a daily output of more than 1.36 million barrels, it's the largest oil formation in the U.S.

It's helping make the U.S. the world's top oil producer and making oil companies even richer in the process.

The post The Eagle Ford Shale Will Boost These Oil Stock Prices in 2014 appeared first on Money Morning - Only the News You Can Profit From.

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<![CDATA[Best Investments in Tech: It's Not Time to Panic… It's Time to Buy]]>

Over the last couple weeks, the pundits have come out of the woodwork with all sorts of dire predictions about the tech market.

To be sure, the Nasdaq is down about 5% over the last month. But we look at declines as great buying opportunities that, if handled correctly, can help you build your net worth.

The post Best Investments in Tech: It's Not Time to Panic… It's Time to Buy appeared first on Money Morning - Only the News You Can Profit From.

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<![CDATA[Bank of America (NYSE: BAC): Someone from This Fraud Machine Needs to Go to Jail]]>

Last week Bank of America (BofA) got slammed by the Consumer Financial Protection Bureau for fraudulent marketing and sales of "add-on" products.

The CFPB found that they had ripped off credit card customers by selling them identity theft protection and credit protection programs, without ever actually providing much of anything.

Read all about BofA's shady marketing practices... the other banks that have also engaged in fraud...

The post Bank of America (NYSE: BAC): Someone from This Fraud Machine Needs to Go to Jail appeared first on Money Morning - Only the News You Can Profit From.

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<![CDATA[Google (Nasdaq: GOOG) Earnings: The Most Important Figures to Watch]]>

Google (Nasdaq: GOOG) will report its Q1 earnings on Wednesday, and the report takes on added meaning as tech stocks are in the midst of an April sell-off.

But it's not just earnings per share and overall revenue that shareholders will keep an eye on in Wednesday's report.

The post Google (Nasdaq: GOOG) Earnings: The Most Important Figures to Watch appeared first on Money Morning - Only the News You Can Profit From.

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<![CDATA[Alibaba's Soaring Profits Top Today's Stock Market News]]>

U.S. stock futures were back in the green this morning, on news that China's economy growth will hit 7.4% this year. Despite the fact that its first quarter growth slipped to a 24-year low, the figure still beat analyst expectations.

The post Alibaba's Soaring Profits Top Today's Stock Market News appeared first on Money Morning - Only the News You Can Profit From.

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<![CDATA[These CEOs Will Make You Rich]]>

We're sharing this edition of Private Briefing with you because it contains some of Bill's best insight into what turns good companies into great ones - and how you can profit from them. Bill's readers profit from analysis like this all the time...

During the 30 years I've spent as a business journalist and financial columnist, I've developed a long list of personal axioms that have helped me identify "Best of Breed" investments.

These axioms touch on such topic areas as finance, marketing, intellectual property, and even competitive threats. But some of the most important of my personal investment aphorisms have to do with leadership and a company's management team.

And leadership starts with the CEO.

As one of my precepts holds, "A good CEO can create a very strong company. But a great CEO can create an empire."

Just like these... Full Story

The post These CEOs Will Make You Rich appeared first on Money Morning - Only the News You Can Profit From.

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<![CDATA[Black Monday Stock Market Crash Returns to Haunt 2014]]>

Chart watchers have noticed an eerie pattern - the bull market of 1982, which ended in the Black Monday stock market crash of 1987, looks way too much like the current bull market.

And while no one can predict the markets for certain, the chart lines for the two bull markets have given many market analysts pause, including Money Morning Chief Investment Strategist Keith Fitz-Gerald.

Even if we don't get a full-blown crash, a correction is long overdue.

The post Black Monday Stock Market Crash Returns to Haunt 2014 appeared first on Money Morning - Only the News You Can Profit From.

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<![CDATA[Why Gold Prices Are Down Today]]>

Gold prices took a beating Tuesday, plunging nearly 2% and marking the yellow metal's worst day of the year.

Spot gold prices fell to a low of $1,228 an ounce intraday, but managed to claw back some gains in the afternoon. Still, even fresh Consumer Price Index (CPI) figures showing a slightly higher than expected read on inflation in March failed to goose gold prices much.

The post Why Gold Prices Are Down Today appeared first on Money Morning - Only the News You Can Profit From.

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<![CDATA[Dow Jones Today Gains 89 Points With These Market-Moving Stories]]>

The Dow Jones today gained 89 points to close at 16,262.50. The S&P rose 12 points to close at 1,842.98, and the Nasdaq added 11 points to close at 4,034.16.

The post Dow Jones Today Gains 89 Points With These Market-Moving Stories appeared first on Money Morning - Only the News You Can Profit From.

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<![CDATA[Best Stocks to Buy Roundup: Play Cloud Computing, Big Data, and Cannabis]]>

Our experts' most recent recommendations for the best stocks to buy tap into some of the hottest sectors on the market today.

The post Best Stocks to Buy Roundup: Play Cloud Computing, Big Data, and Cannabis appeared first on Money Morning - Only the News You Can Profit From.

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<![CDATA[Hot Stocks to Watch: FFCO, WAVX Among Today's Biggest Gainers]]>

Earnings were in focus Tuesday, with a duo of blue chip companies reporting before the open and a pair of tech giants on tap after the close.

The three major benchmarks had slipped into the red just before noon, but a number of companies are moving higher on analysts' actions, company news, earnings, and M&A chatter.

The post Hot Stocks to Watch: FFCO, WAVX Among Today's Biggest Gainers appeared first on Money Morning - Only the News You Can Profit From.

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<![CDATA[Why the Bitcoin Price Is Rising Today]]>

After plunging to six-moths lows, just last Friday, Bitcoin prices have rebounded 40%. And that's on a day when the Chinese Bitcoin exchanges were supposed to get cut off from their bank accounts.

It seems that, for better or for worse, events in China are driving the price of Bitcoin.

The post Why the Bitcoin Price Is Rising Today appeared first on Money Morning - Only the News You Can Profit From.

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<![CDATA[Yahoo! Inc. (Nasdaq: YHOO) Earnings Preview: "I'm Expecting Trouble"]]>

Analysts have underestimated Yahoo!'s (Nasdaq: YHOO) earnings the past four quarters straight - every quarter since Chief Executive Office Marissa Mayer took the reins in 2012.

The post Yahoo! Inc. (Nasdaq: YHOO) Earnings Preview: "I'm Expecting Trouble" appeared first on Money Morning - Only the News You Can Profit From.

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<![CDATA[Stock Market Today: GE, FB, GOOG Lead Today's News]]>

U.S. stock futures were weak this morning as Wall Street looks to looming tensions in Ukraine and worse-than-expected Chinese data.

The Dow Jones Industrial Average rose 146 points on Monday to finish at 16,173.24. The Nasdaq increased by 22 points to finish at 4,022.69, while the S&P 500 added 14 points to end the day at 1,830.61.

The post Stock Market Today: GE, FB, GOOG Lead Today's News appeared first on Money Morning - Only the News You Can Profit From.

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<![CDATA[A Map to Turn Fear into Profit]]>

Last Monday, I shared a chart with Money Map Report subscribers and suggested they may want to batten down the hatches because I saw a 30- to 40-point drop happening by the end of the week.

Now I want to share that same chart with you plus a new one - and encourage you to do the same thing.

The shellacking the markets took last Thursday is the most powerful warning sign we've seen yet that things are not what they seem in the financial markets. For lack of a better term, it's a bearish omen, despite Monday's recovery.

Today I want to talk about what that means for your money and what you can do about it in the name of protecting your money and, more importantly, the pursuit of profits.

Contrary to what you might believe, not all bears are bad news.

The post A Map to Turn Fear into Profit appeared first on Money Morning - Only the News You Can Profit From.

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<![CDATA[Dow Jones Industrial Average Gains 146 Points; Here's Your Top News]]>

The U.S. markets jumped on Monday, with all three major benchmarks posting gains after stronger than expected retail data overshadowed concerns about geopolitical problems in Ukraine.

U.S. retail sales ticked up 1.1% in March to a seasonally adjusted $433.9 billion, according to the Commerce Department. This was the largest monthly gain in retail sales since September 2012.

The post Dow Jones Industrial Average Gains 146 Points; Here's Your Top News appeared first on Money Morning - Only the News You Can Profit From.

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<![CDATA[Gold Prices 2014: Do What Goldman Does, Not What It Says]]>

That Goldman Sachs keeps calling for gold prices to fall in 2014 is looking more and more suspicious. It's not just that the investment bank has been spectacularly wrong about gold over the years.

No, this is much more sinister.

While publicly advocating others to sell, Goldman is usually buying -- and vice versa.

The post Gold Prices 2014: Do What Goldman Does, Not What It Says appeared first on Money Morning - Only the News You Can Profit From.

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<![CDATA[Cash In on Gold's Rise with 3 Gold Stocks to Buy Now]]>

As the price of gold has rebounded in 2014 after a disappointing 2013, gold stocks have been gaining momentum.

Money Morning's experts have been following every development surrounding the precious metal and have found several gold stocks that all have bullish indicators behind them. These stocks are up in 2014, and still have room to grow.

The post Cash In on Gold's Rise with 3 Gold Stocks to Buy Now appeared first on Money Morning - Only the News You Can Profit From.

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<![CDATA[Facebook Inc. (Nasdaq: FB) Is Looking to Move into Mobile Payment]]>

Facebook has made a string of important acquisitions recently: A mobile messaging app, a satellite drone maker, and a virtual-reality company.

Now things are really getting interesting as the company moves into another burgeoning industry: mobile payments.

The post Facebook Inc. (Nasdaq: FB) Is Looking to Move into Mobile Payment appeared first on Money Morning - Only the News You Can Profit From.

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<![CDATA[IPO Calendar: Weibo Headlines This Week's 11 Public Offerings]]>

It's another busy week on the IPO calendar as 11 companies make their public debuts in the United States.

The Chinese social-media company Weibo (Nasdaq: WB) will gather the most attention, but it's not the only investment opportunity for those looking to profit from the loaded IPO market.

The post IPO Calendar: Weibo Headlines This Week's 11 Public Offerings appeared first on Money Morning - Only the News You Can Profit From.

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<![CDATA[Dividend Stocks: 28 New Increases for Yield Seekers]]>

Companies paid out a record number of dividend increases in Q1 2014, with 1,078 dividend boosts reported from January through March.

In dollar terms, Q1 2014 payout increases amounted to a whopping $17.8 billion, up 22.9% from Q1 2013's tally of $14.5 billion. But analysts predict there's much more on the way.

The post Dividend Stocks: 28 New Increases for Yield Seekers appeared first on Money Morning - Only the News You Can Profit From.

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<![CDATA[5 Stories to Watch Before the Stock Market Opens Today]]>

Stock market news today, April 14, 2014: The Dow Jones Industrial Average fell 143 points on Friday to finish at 16,026.75. The Nasdaq dropped 54 points to finish at 3,999.73, while the S&P 500 lost 17 points to end the day at 1,815.69.

The post 5 Stories to Watch Before the Stock Market Opens Today appeared first on Money Morning - Only the News You Can Profit From.

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<![CDATA[Get Your Share of an Extra Trillion Euros]]>

When Gutenberg introduced the printing press to Europe, he never could have imagined this.
Like so many revolutionary inventions, it's proven a doubled-edged sword.

The U.S. Fed has begun winding down its latest QE program (for now), and the baton's already been passed to Japan with its own massive easing campaign.

But lack of inflation and concerns about outright deflation are again gripping Europe.

So the latest "noise" from the IMF and European Central Bank (ECB) is signaling that Europe is about to crank up its own printing press.

The post Get Your Share of an Extra Trillion Euros appeared first on Money Morning - Only the News You Can Profit From.

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<![CDATA[Check Out Who's Investing in Bitcoin Now]]>

Some in the mainstream media would have you believe that most of those investing in Bitcoin are naïve and unsophisticated fools who don't recognize a bubble when they see one.

But that doesn't explain why some big names in venture capital are pouring millions of dollars into the digital currency, or why Wall Street is growing increasingly interested.

The post Check Out Who's Investing in Bitcoin Now appeared first on Money Morning - Only the News You Can Profit From.

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<![CDATA[Returns Over 1,200% for This Week’s Top Penny Stocks]]>

Investors who jumped in on this week's top penny stocks made profits as high as 1,200%, 676%, and 240% in just a matter of days.

That's what makes penny stock investing so attractive to investors. Adding small-cap stocks like these can transform any portfolio in a short period of time.

Title: top penny stocks - Description: top penny stocksWhile penny stocks that trade "Over-the-Counter" (OTC) can pose risks - illiquid shares, incomplete financial reporting - they are subject to wild price swings. And if you're on the right end of one of those swings, you can make serious money.

Here are this week's top penny stocks, and the massive windfalls they brought shareholders...

The post Returns Over 1,200% for This Week’s Top Penny Stocks appeared first on Money Morning - Only the News You Can Profit From.

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<![CDATA[Dow Jones Today Plunges 143 Points; WFC, BAC, ZOES in the News]]>

At the closing bell, the Dow Jones Industrial Average fell 143 points to finish at 16,026.75. The Nasdaq dropped 54 points to finish at 3,999.73, while the S&P 500 lost 17 points to end the day at 1,815.69.

Here's a recap of other major events today.

  • A Banking Surprise: Shares of Wells Fargo & Co. (NYSE: WFC) surged after the company reported a 14% rise in net income, shattering analyst estimates. According to reports, the bank strengthened its expense controls and improved its credit quality, which helped offset concerns about its struggling mortgage practice. The earnings report shattered analyst expectations and makes Wells Fargo the most profitable bank in the Big Six. Rival JPMorgan Chase (NYSE: JPM) also reported earnings on Friday. JPMorgan shares slipped more than 3% after it reported weaker than expected results. Get the full report on JPM earnings and stock here.
  • The post Dow Jones Today Plunges 143 Points; WFC, BAC, ZOES in the News appeared first on Money Morning - Only the News You Can Profit From.

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    Some analysts feel that the biotech sector's recent tumble is evidence of the biotech bubble bursting.

    But they're wrong; the market is simply in a period of adjustment.

    The premise behind the bubble idea is that biotech companies as a group are overvalued, that their market caps aren't supported by performance. In other words, that their perceived value is all smoke and mirrors.

    The post There Is No Biotech Bubble; Here's the Real Story appeared first on Money Morning - Only the News You Can Profit From.

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    <![CDATA[JPMorgan (NYSE: JPM) Stock Slumps After Rare Earnings Miss]]>

    For the first time in over two years, and only the fifth time in a decade, JPMorgan Chase & Co. (NYSE: JPM) missed earnings forecasts when it posted first-quarter 2014 results Friday.

    jpmorgan

    Investors were prepared for a slip in earnings compared with Q1 of 2013. In February, JPM cautioned trading revenue was weak. The warning was especially troubling because the first quarter is traditionally a strong one.

    The post JPMorgan (NYSE: JPM) Stock Slumps After Rare Earnings Miss appeared first on Money Morning - Only the News You Can Profit From.

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    <![CDATA[Silver Prices Move Higher Amid Stock Market Sell-Off, Dovish Fed]]>

    Silver prices spiked some 2%, or $0.51, to $20.49 an ounce intraday Thursday before closing the session up $0.37 to $20.14 an ounce.
    Silver Prices The gains came as the U.S. stock markets sold off sharply. Stocks sank even after the Labor Department reported U.S. weekly jobless claims dropped to a seven-year low, a sign of ongoing recovery in the labor market and the economy.

    The post Silver Prices Move Higher Amid Stock Market Sell-Off, Dovish Fed appeared first on Money Morning - Only the News You Can Profit From.

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    <![CDATA[Why You Need to Read Michael Lewis' New Exposé]]>

    No doubt you've heard about Michael Lewis' new book, "Flash Boys."

    And, no doubt you've been hearing more than ever before about the subject of Lewis' book, high-frequency trading (HFT).

    I ran to Barnes & Noble to buy the book the second I heard about it last week. They didn't have any copies. So, I ordered it online, which was cheaper anyway.

    The post Why You Need to Read Michael Lewis' New Exposé appeared first on Money Morning - Only the News You Can Profit From.

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    <![CDATA[Social Media IPOs 2014: Watch for These Companies to Hit the Market]]>

    The IPO market over the past few years has reflected the surging popularity of social media. Since 2011, the four biggest social media IPOs have combined to raise nearly $19 billion in their initial public offerings.

    Facebook Inc.'s (Nasdaq: FB) 2012 IPO raised $16 billion, making it the third largest IPO in U.S. history. The public debut of Twitter Inc. (NYSE: TWTR) in November 2013 raised $1.8 billion, making it the second-largest Internet IPO ever.

    The post Social Media IPOs 2014: Watch for These Companies to Hit the Market appeared first on Money Morning - Only the News You Can Profit From.

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    <![CDATA[Top Stock Market News Today: How China is Beating Up on Bitcoin]]>

    Stock market news today, April 11, 2014: The Nasdaq fell 129 points to finish Thursday at 4,054.11, its worst one-day drop since 2011 as investors ditched biotech, Internet, and other high-growth stocks. The CBOE Volatility Index (VIX) surged 17%, its largest one-day jump since late January.

    The post Top Stock Market News Today: How China is Beating Up on Bitcoin appeared first on Money Morning - Only the News You Can Profit From.

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    <![CDATA[This Great Profit Play Has Another Catalyst Coming]]>

    Over the summer, I told my Strategic Tech Investor readers a great way to get two stocks for the price of one through corporate spin-offs.

    You may recall that this is a process by which a parent company separates a business unit into a stand-alone outfit and then issues shares in the new operation to the public.

    The post This Great Profit Play Has Another Catalyst Coming appeared first on Money Morning - Only the News You Can Profit From.

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    <![CDATA[Why the Bitcoin Price Is Falling Today]]>

    Reports that the People's Bank of China (PBOC) planned to shut down the bank accounts of Chinese Bitcoin exchanges became all too real today (Thursday), as the exchanges began receiving official notices from their respective banks.

    bitcoin prices fallingThe news sent the Bitcoin price today falling as much as 12.4% to a low of $385.32, adding to the losses that started after the first rumors leaked out several weeks ago. Bitcoin prices have fallen from more than $600 in mid-March and more than $800 at the start of the year.

    The post Why the Bitcoin Price Is Falling Today appeared first on Money Morning - Only the News You Can Profit From.

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    <![CDATA[The Two Best Social Media Companies to Invest in Now]]>

    When it comes to social media companies to invest in, the temptation to net huge gains - like the 140% return Facebook (Nasdaq: FB) has seen over the last nine months - is tempered by wariness over mass hype and the real risk of failure.

    For instance, two of the most recent social media initial public offerings (IPOs) have both sunk below their initial offering price. Twitter (NYSE: TWTR) is down 6.17% below its November 2013 initial offering price and has fallen 33.81% so far in 2014. Social media mobile gaming firm King Digital Entertainment (NYSE: KING) is 4.68% under its March 2014 initial offering price.

    The post The Two Best Social Media Companies to Invest in Now appeared first on Money Morning - Only the News You Can Profit From.

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    <![CDATA[5 Top Stories as Dow Jones Industrial Average Sinks 267 Points Today]]>

    At the closing bell, the Dow Jones Industrial Average fell 267 points to finish at 16,169.90. The Nasdaq fell 129 points to finish at 4,054.11, while the S&P 500 dropped 39 points to 1,833.09.

    Markets plunged on Thursday despite positive economic data on unemployment benefits. The number of Americans filing new applications for unemployment benefits has fallen to its lowest level in almost seven years. The Nasdaq had its worst day since 2012 as biotech and online firms slumped the hardest.

    The post 5 Top Stories as Dow Jones Industrial Average Sinks 267 Points Today appeared first on Money Morning - Only the News You Can Profit From.

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    <![CDATA[Avoid Ally Financial (NYSE: ALLY) Stock Following IPO]]>

    The Ally IPO got off to a weak start today (Thursday), when shares of Ally Financial Inc. (NYSE: ALLY) dipped 4% in the company's public debut.

    On Thursday morning, ALLY shares opened at $24.25 - 3% lower than the stock's offer price of $25. That offer price came in at the low end of Ally's projected range of $25 to $28.

    In the afternoon, ALLY traded as low as $24 - more than 4% below its offer price.

    The post Avoid Ally Financial (NYSE: ALLY) Stock Following IPO appeared first on Money Morning - Only the News You Can Profit From.

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