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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…

  • This Energy Stock Has Climbed 20% – In Just Two Weeks Oil prices jumped more than 4% yesterday (Monday), hitting the highest level in two months and boosting one of our favorite energy stocks to a 20% gain in two weeks.

    Since falling to a 52-week low of $76.15 a barrel this month, oil prices rose 4.4% Monday to close at $91.27 a barrel.

    This resurgence in oil prices is just what we've been forecasting in Money Morning, as well as in our Private Briefing investing service.

    "il will be going up, and the rest of that sector ... to varying... Read More...