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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…

  • AAPL, HD in Focus as S&P 500 Gets Slammed Today S&P 500

    U.S. markets took a nosedive in the final hour of trading this afternoon (Tuesday) after a broad selloff of tech giant Apple Inc. (Nasdaq: AAPL).

    All 10 sectors in the S&P 500 were in the red this afternoon, while the Dow Jones Industrial Average continued to be weighed by companies like The Home Depot Inc. (NYSE: HD), which was down another 2% on the day.

    Here are the top stories from the stock market today…
  • Stock Market Today Rises with S&P 500 Hitting Record High, Dow Gains 67 Points stock market today

    U.S. stock markets rallied Friday to end the week on a high note, with the S&P 500 and the Dow Jones both logging their fifth consecutive weekly gains.

    Although a lackluster jobs report indicates that hiring slowed in August, the structural weakness in the jobs sector likely means the U.S. Federal Reserve will hold off on raising interest rates.

    Here are the top stories from the stock market today…
  • Stock Market Today Readies Itself for Alibaba (NYSE:BABA) IPO stock market today

    Stock market today, September 2, 2014: U.S. markets closed on Friday in the black. The S&P 500 sustained its gains last week, finishing the day above the vaunted 2,000 level. With U.S. markets closed on Monday in observance of Labor Day, investors will look forward to a heavy week of economic data, including the all-important August jobs report.

    Here’s what you should know to make your Tuesday profitable:
  • U.S. Stock Markets On Track for 3% – 4% August Gain us stock markets

    Stock market news today, August 29, 2014: U.S. stock markets today (Friday) are on track to post their fourth consecutive week of gains, and 3% to 4% gains in August. The S&P 500 has hit several record highs over the course of the month. After major indices closed down on Thursday, U.S. stock futures this morning are edging higher.

    Here are the top stories in stock market news today…
  • Stock Market Today Holds Record Highs – BBY, TIF Notch Gains, DGLY Slumps stock market today

    U.S. stock markets remained relatively unchanged this afternoon, maintaining their record highs. On a day of very light volumes, most of the attention focused on monetary policy in Europe and several retail companies that reported earnings today.

    Here are the top stories from the stock market today…
  • Stock Market News Today Driven by BKW and AMZN Acquisitions Stock Market News Today

    Stock market news today, August 27, 2014: U.S. stock markets struck multiple intraday records on Tuesday, as strong consumer data suggested further momentum for the economy. The S&P 500 hit another record, fresh off its first intraday rise over the 2,000 level yesterday.

    Here’s what you should know to make your Wednesday profitable…
  • 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:
  • 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...
  • 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...
  • Dow Jones Today Surges 175 Points; YHOO, GOOG Push Nasdaq to New High dow jones today_dollar general

    Dow Jones today, Aug. 18, 2014: U.S. stocks soared Monday on positive housing data and growing merger and acquisition activity. The S&P 500 Index is again taking aim at the historic 2,000 mark, while the Nasdaq is back at a 14-year high.

    Here are the top stories from 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...
  • 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:
  • 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:
  • This Northern Metals Boom Will Give Us More Than 10 Times the Returns of the S&P 500 0814_Chart01

    Junior miners can be among the most speculative, most volatile stocks on earth.

    They boom, bust, and repeat. Only they do this with more extreme swings than most any other market.

    The Nasdaq Composite for example, home to tech and biotech stocks alike, is up by nearly 120% over the past five years, while junior miners doubled... but then gave it all back.

    In the last three years, junior miners have, as a group, lost about 58%, while the S&P 500 is up 52%.

    But it's looking increasingly like we're entering a brand new boom phase, with junior gold miners up as much as 45.8% this year - with a lot more in store... Full Story

    Read More...