Stocks
Tesla Motors (TSLA): Bears Are Betting Big… Should You?
Electric cars. Love em’ or hate em’, they’re slowly making their way into garages across America. Of course, just like any emerging technology, there are plenty of speed bumps on the road to widespread adoption. Perfect example… the Chevy Volt. Thanks to General Motor’s (GM) well-publicized fiasco with the car, Americans are associating the Volt […]
A Biotech Stock With Big Upside Potential
The Fed’s latest round of quantitative easing, QE3 or QE Unlimited as some are calling it, has lit a fire under the stock market. The S&P 500 is up a hefty 3.6% so far this month. And the mega-cap index is now trading at levels not seen in nearly five years. What’s more, investors are […]
The Best Way To Profit From QE3
Following August’s lackluster jobs report, the Fed has decided to take additional steps to boost economic growth and curtail unemployment. In case you missed it, Fed Chairman Ben Bernanke made a critical announcement late last week. He said the central bank is officially launching a third round of quantitative easing (QE3). Under the plan, the […]
Economists Do About Face – Say QE3 Coming This Week!
In my article from two weeks ago, Will He Or Won’t He?, I discussed the odds of Fed Chairman Ben Bernanke announcing a new round of quantitative easing at the Jackson Hole, Wyoming conference. And as I expected, Mr. Bernanke held off on making any such grand pronouncement. Instead, the beleaguered Fed Chairman used the […]
Americans Are Loading Up On Guns…
‘Go ahead punk, make my day…’ The quote made famous by Clint Eastwood in the 1971 movie, Dirty Harry, is most likely being repeated by Smith & Wesson (SWHC) CEO James Debney this morning. Why? Debney’s company announced fiscal first quarter 2013 earnings after the close last night. And after seeing the results, it’s fair […]
Will He Or Won’t He?
All eyes turn to the sleepy little ski resort town of Jackson Hole, Wyoming this week. The Kansas City Fed is holding their annual Economic Policy Symposium. And investors are waiting with baited breath for Ben Bernanke to provide clues about the Fed’s next move on monetary policy. Many are expecting a repeat of the […]
Groupon (GRPN) Slide Continues
The last time we checked in on the global leader in “daily deals” it wasn’t a pretty sight. The social media darling had been caught red-handed by its own auditors engaging in overly aggressive accounting. See the full story in my April 2nd article, Groupon Caught Cheating! According to Ernst & Young, Groupon failed to […]
The S&P 500 Is Pushing Yearly Highs… What Now?
In case you haven’t noticed, the bulls are loose on Wall Street. After a nasty correction earlier in the year, major indexes are now on the verge of pushing to new yearly highs. In fact, the Nasdaq 100 is within spitting distance of its late March high at 2,794. What’s more, the Dow is within […]
Time To Buy Facebook Stock?
Facebook (FB) shares hit the market in May through one of the most highly anticipated IPO’s of all time. But the “can’t miss” stock has so far failed to live up to the hype. Since its debut at $38 per share, FB has shed more than 42% of its value. And with shares now trading […]
Sectors To Watch: Are Gold Mining Stocks Losing Their Luster?
Gold mining stocks have had a rough year. Over the last twelve months, Market Vectors Gold Miners ETF (GDX) has fallen 34%. But the ETF has bounced back lately. GDX has rallied 11% from the 52-week low of $39.08 it reached in May. The main reason for the miners’ poor performance has been falling gold […]
