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Two Safe Ways to Profit From the "Alibaba Shockwave Effect"

In the mid-1990s, I was fortunate to meet and start working with an Upstate New York money manager named Anthony M. Gallea.

The relationship began when I attended and wrote stories about some of the investment seminars he periodically held for prospective and existing clients. He then became a “source” for some of the investment stories I periodically wrote for Gannett Newspapers. And we ultimately collaborated on a pretty successful book about “Contrarian Investing” that was published by Prentice Hall.

Along the way, Tony shared some pretty important snippets of investing wisdom…

  • Dow Jones Industrial Average

  • Stock Market Today Moving on AMZN, BKW, and BBY News stock market today

    Stock market today, August 26, 2014: U.S. futures were flat this morning, a day after the S&P 500 Index cracked the 2,000 level for the first time ever and set a new all-time closing high just shy of that milestone.

    Yesterday's rise was fueled by confidence in the financial and biotech sectors, which outweighed concerns about new housing sales falling to a four-month low. This morning, the U.S. Commerce Department reported that U.S. durable goods orders spiked by a record 22.6% in July.

    Here’s what you should know to make your Tuesday profitable:
  • Dow Jones Futures Up Today on Merger News; BKW and ITMN Are Premarket Movers Dow Jones today

    Stock market news today, Aug. 25, 2014: This morning, Dow Jones futures were up modestly on increased merger activity and rising confidence in monetary policy from the European Central Bank. In Jackson Hole, Wyo., ECB President Mario Draghi hinted at further stimulus to keep the gears moving in some of the continent's struggling nations.

    Here’s what you should know to make your Monday profitable:
  • DJIA Today Dips 38 Points; AAPL, GMCR, DYN Among Day's Gainers DJIA today

    DJIA Today, Aug. 22, 2014: U.S. stocks were mixed on Friday as Federal Reserve Chair Janet Yellen's speech in Jackson Hole, Wyo., failed to beat back renewed geopolitical concerns in eastern Ukraine.

    This morning, NATO announced that Russia was building up a strong troop presence on the eastern border of Ukraine, while another convoy entered the country.

    Now, here are the top stories from the stock market today...
  • DJIA Today Gains 59 Points but Nasdaq Closes Lower; AAPL Hits Post-Split High DJIA today

    DJIA Today, Aug. 20, 2014: U.S. stocks were up Wednesday after the release of minutes from the most recent Federal Open Market Committee meeting in July. According to the minutes, the consensus view of the FOMC is that interest rates won't begin to move higher until at least mid-2015.

    Here are the top stories from today...
  • Stock Market News Today Headlined by FOMC Minutes and Big Box Retailers Stock market news today

    Stock market news, Aug. 20, 2014: U.S. stocks roared again Tuesday, buoyed by strong earnings reports and a slew of positive economic data.

    The positive data and strong earnings reports overshadowed any concerns about ongoing geopolitical tensions in Ukraine, Israel/Gaza, and Iraq. Yesterday, the Kremlin announced that Russian President Vladimir Putin will meet with Ukrainian President Petro Poroshenko next week to discuss ways to resolve the problems plaguing Eastern Europe.

    Here's what you must know about the stock market today to start profiting...
  • Stock Market Closes Up Again Today as AAPL Hits $100 Mark, HD Soars stock market close

    Stock Market Close, Aug. 19, 2014: U.S. stocks roared again Tuesday, buoyed by strong earnings reports and a slew of positive economic data. The surge was led today by The Home Depot Inc. (NYSE: HD), which saw shares rise nearly 6% after the company beat Wall Street estimates for its second quarter.

    Here are the top stories from the stock market today...
  • Today's Stock Market Moving on HD, S, and SKH News Today's stock market

    Today's stock market, August 19, 2014: U.S. stocks soared Monday on positive housing data and growing merger and acquisition activity. The Dow gained 175 points, while the S&P 500 Index is again taking aim at the historic 2,000 mark. The Nasdaq is back at a 14-year high.

    Here's what's on tap for the stock market today...
  • Today's Stock Market News Led by FDO, DG, and TGT Stock market news

    Stock market news, Aug. 18, 2014: This week, leaders of the U.S. Federal Reserve will be meeting in Jackson Hole, Wyo., for the central bank's annual economic symposium. The meeting is expected to provide significant focus on the labor market and some focus on monetary policy for the road ahead. Meanwhile, this week is an important earnings period for home and consumer retail companies.

    Here's what's coming up in the stock market today...
  • Dow Jones Today Sheds 50 Points; MNST and AGN Among Day's Biggest Gainers dow jones today

    Dow Jones today, Aug. 15, 2014: U.S. stocks slumped Friday, turning downward from early gains this morning, after new reports emerged of rising geopolitical conflict in Ukraine. This morning, a Ukrainian military leader said his forces had attacked a column of Russian armored trucks that crossed the border.

    Now, here are the top stories from the stock market today…
  • U.S. Stock Futures Making Gains Friday Pre-Market U.S. stock futures

    Stock market news today, Aug. 15, 2014: U.S. stock futures today (Friday) were up premarket. Dow Jones futures gained 46 points (0.28%), S&P futures were up 4.75 points (0.24%), and Nasdaq futures were up 13.5 points (0.34%).

    Global aviation manufacturer The Boeing Company (NYSE: BA) helped carry the market last session, gaining 1.7% on news that its demand for commercial jets was strengthening this quarter.

    Here are the top stories coming up in the stock market today...
  • Dow Jones Today Up 61 Points; NLNK and PLUG Soar, BRK.A Hits $200K Dow Jones today

    Dow Jones today, Aug. 14, 2014: U.S. stocks shook off rising jobless claims and rose as concerns abated over geopolitical tensions in Ukraine. This morning, Russian President Vladimir Putin said before government ministers and the Crimean Congress that his country would help end the conflict in the region as soon as possible.

    Now, here are the top stories from the stock market today…
  • Dow Jones Futures Up Today Following S&P 500's Flirtation with Record Highs Dow Jones futures

    Stock market news today, August 14, 2014: Dow Jones futures were up 17 points (0.10%) this morning (Thursday) following U.S. stocks' rally in the last trading session. Nasdaq 100 futures and S&P 500 futures were also both in the green. Yesterday, the S&P 500 Index saw a strong afternoon of trading, with all 10 of its sector indices making gains. The index is now roughly 2% below its all-time high registered back in July.

    But it wasn't all good stock market news - reduced consumer spending figures for July had an adverse effect on retail, and Brent oil prices jumped back from their 13-month low.

    Here’s a roundup of the top stories ahead in the stock market today…
  • Today's Stock Market News Driven by AMZN Spat and Tax Inversion Deals today's stock market news

    Stock market news today, August 12, 2014: U.S. stock markets jumped modestly Monday as they continued to recover from a recent reversal. Investors remain guarded about geopolitical concerns in Ukraine, Gaza, and Iraq, although easing tensions in some of those recent hotspots may be giving stocks a lift.

    The consumer staples led today's gains, propelled by a positive earnings report by Sysco Corp. (NYSE: SYY), which saw shares increase by more 3% after its announcement. Shares of Tesla Motors Inc. (Nasdaq: TSLA) were also up 4.5% after the company received another upgrade from Deutsche Bank AG (NYSE: DB).

    Here’s what you should know to make your Tuesday profitable:
  • Stock Market Today Gains on KMI Merger News, TSLA Upgrade, and MKND Deal stock market today

    Stock market today, Aug. 11, 2014: U.S. stocks jumped modestly Monday as markets continued to recover from a recent reversal.

    The consumer staples led today's gains, propelled by a positive earnings report by Sysco Corp. (NYSE: SYY), which saw shares increase by more 3% after its announcement. Shares of Tesla Motors Inc. (Nasdaq: TSLA) were also up 4.5% today.

    Here are today’s top stories…
  • Today's Stock Market News Led by Keystone Pipeline, AMZN, and Geopolitical Concerns stock market news

    Stock market news today, August 11, 2014: The DJIA and other U.S. markets soared on Friday after positive economic data indicated fundamental growth in the domestic economy. According to reports, American workers were highly productive in the second quarter, while labor costs were on the rise. The news is a welcome change from the slew of negative data that rocked the first quarter.

    Here’s all the stock market news to follow this Monday morning: