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    For the last few years, the Wall Street has been a non-stop cheerleader for Macy's Inc. (NYSE: M), the iconic retailer.

    But the music has stopped. Because behind the uncritical boot-licking of Wall Street analysts and television presenters and Macy's Thanksgiving Day Parade balloons, the traditional retail business was rotting away.

    In the last four months, the stock has collapsed by more than 40% to $39.05. Unfortunately, a lot of investors really got hurt on this one - especially last week.

    Here's the truth about Macy's direction.

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The World Can No Longer Ignore These Threats


As the world reels from the barbarous, but all too predictable, terrorist attacks in Paris on Friday evening, markets will also be trying to regain their balance after a difficult week. What the Paris attacks have in common with last week's market losses is that they both disabused observers of the illusions that they can continue ignoring the consequences of political and policy weakness.

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Tech Stocks Poised to Rise on This Economic News

tech stocks

As we've talked about in several recent conversations, I live by the credo "always have some money invested in tech stocks" - no matter how much "noise" you hear out of Wall Street and Washington.

Otherwise, you'll miss opportunities to buy winning stocks when they are "on sale." Worse, you'll miss taking a big profit from the rebound.

Here's a breakdown of brand-new market data proving this - and why you should be bullish about tech investing for the rest of 2015...

Why Wall Street Is So Desperate for Your Investment Dollars Right Now

Financial News

Now is the time when Wall Street is most dangerous to your financial health.

After being 100% wrong about the market all year, Wall Street's big shot strategists are now telling investors to "get ready for a big fourth quarter rally."

You never hear a discouraging word from these so-called experts.  They all read off the same script - and that script is designed to get John Q. Public to buy as many stocks and bonds as Wall Street can sell them.


Shelter from These Storms in the Distance


In South Florida, we call the dog days of summer the "mean season", as vicious thunderstorms move over the Everglades every afternoon and attack the east coast with lightning strikes and blinding downpours. We keep our fingers crossed that the storms won't morph hurricanes that can sweep the ocean over the land and cause catastrophic destruction.

After a period of intense hurricane activity in the early 2000s, it's been ten years since we've been hit by any serious storms, and we are being told that strong El Nino conditions will likely protect us again this season. But we know that sooner or later our luck will run out, and we will be back in the eye of dangerous winds and storm surges. And, at least for a moment, we'll wish we lived somewhere other than in paradise.

Stock market investors are experiencing similar feelings after a six year hiatus from reality, courtesy of the Federal Reserve.

Paradise is starting to give way to a very mean season...

In July, Investors Were Guests at the Market's "Red Wedding"

market high illistration

The simultaneous blood baths in commodities and U.S. stocks continued in July but failed to penetrate the skulls of U.S. stock investors who continue to allow themselves to be brainwashed into believing that they can only make money by owning an overbought market.

The S&P 500 (INDEXSP:.INX) recovered all of its June losses, gaining 2.1% in July including 1.2% last week to close the month at 2103.92, not far off its record closing high of 2,134.72. The index is now up 2.2% (excluding dividends) for the year.

At this point, investors can no longer ignore the fact that the knives are coming out...

Navigating the Shoals of an Overvalued Market


Stocks have struggled to rally in recent weeks, but that hasn't stopped the IPO market from offering investors the chance to leave reason behind.

Last week, two particular deals demonstrated that while the overall market is expensive, pockets of it are undeniably in a bubble.

Here's what you should know about the IPOs and the week...

Here's what you should know about the IPOs and the week...

Teva Finally Puts a Number on Mylan Deal, Investors Stand to Profit


Teva is a 114-year old maker of pharmaceutical generics, and they've generated lots of cash along the way. They've been coy about their intention to purchase Mylan, but now there's a healthy number on the table, and share prices are on the way up...

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Arrest of "Flash Crash" Trader Could Reshape High-Frequency Trading

small-cap stocks

The arrest of alleged flash-crash architect Navinder Singh Sarao could reshape the debate over high-frequency trading. The British futures trader reported to be largely responsible for the 2010 flash crash is fighting extradition to the U.S., where he faces a potential 380 year sentence for market manipulation and fraud, according to Bloomberg.

His arrest, and the heavily punitive charges against him are a "very significant" development...

Avoid the Spread of This "China Syndrome"

china gold dragon

Stocks were sailing toward new record highs last week until they suddenly came crashing down on Friday. The shift occurred after China took steps to rein in its parabolic market by easing restrictions on short selling and raising margin requirements.

This is what happens when equity investors decide to ignore weak earnings, deteriorating economic conditions and geopolitical chaos and place all of their faith in the ability of central banks and other regulators to bail them out time after time...

Keith Appears on CNBC's Street Signs

big banks

Money Morning's Keith Fitz-Gerald nails China's GDP growth, gives his quick read on big bank's reported earnings, and cautions against taking a short-term view during any earnings season.

Keith's thoughts as he appears on CNBC...

What Stocks to Buy Today: 7 Picks in Tech, Robotics, and Biotech

what stocks to buy today

If you're wondering what stocks to buy today, you've come to the right place.

Every day our experts deliver the best stocks to buy across a range of sectors. Then each week we collect the latest recommendations in one roundup, in case you missed any.

Our latest list includes a biotech firm with a game-changing weight loss drug, the best way to profit from a $15 billion subsector of automotive tech, and much more...

Facebook (Nasdaq: FB) Stock Targets at $91 on Whopping Instagram Valuation

FB_news feed manipulation

Analysts just reiterated their 12-month price target for Facebook Inc. (Nasdaq: FB) at $91. That's a near 12% increase from where FB stock trades today.

The target is in a large part thanks to Facebook's photo sharing arm, Instagram, which is presently worth a whopping $33 billion, according to industry experts.

Here's an in-depth look at the immense value Instagram now brings to Facebook and to FB stock...

Dow Futures Today Flat as Russian Ceasefire and Greek Debt Talks Falter

dow futures today

Dow futures today were flat this morning compared to the Dow close on Friday.
This morning the DJIA will be keeping an eye on events in Europe, as geopolitical concerns threaten a sustained rally for equities markets.

Here's what else you should know about the stock market today - including your "Money Morning Tip of the Day" - to make it a profitable Tuesday...

Will Alibaba Buy eBay Once PayPal Is Gone?

will Alibaba buy ebay

Ebay Inc.’s (Nasdaq: EBAY) plans to spin off its PayPal unit has left many on Wall Street salivating over the potential of the stand-alone payments business.

And some pundits are speculating that Google Inc. (Nasdaq: GOOG) or Alibaba Group Holding Ltd. (NYSE: BABA) might buy PayPal.

But they should be asking this question: Will Alibaba buy eBay?

Here’s why a deal would make sense for both companies…

Here’s why a deal makes sense for both companies…

YHOO Stock Now Has to Wrestle with Taxes Post-Alibaba IPO

yhoo stock

Yahoo! Inc. (Nasdaq: YHOO) stock rose 4% today, with Starboard Value LP reportedly buying up a large stake in the company.

The investment management firm’s decision is a positive development for YHOO, which had seen its shares tumble for most of the week on concerns that as it sheds its portfolio of overseas investments, the remaining core business will be valueless.

Here’s one thing YHOO needs to do to reassure shareholders now…