Stocks

Why I'm Excited About Trump's New Ride

By William Patalon III, Executive Editor, Money Morning • Friday, August 18, 2017

I recently caught wind of a deal that's likely another profit catalyst for one of my favorite stocks - a "Rocky" stock that's been declared a loser before but keeps piling on the gains.

I filled my paid-up Private Briefing subscribers in on it last weekend, and now I want to let everyone here know about it, too.

It's a good deal, and we all know Trump loves a good deal - especially one that shaves off millions in, as he might say, "ridiculous" project costs.

Well, now it looks like the U.S. Air Force might have just found a doozy of a deal for the president.

Right now, it's just collecting dust at a Mojave Desert "boneyard," but it could very well end up being "SAM 30000" - the new Air Force One.

And you'll never guess who Trump would have to thank for it...

SHLD and KSS Are Perfect Examples of This Rally's Effect

Some of the brick-and-mortar retailers we've targeted are getting an extension put on their death sentence as they're being lifted by the market rally. But that doesn't mean that these companies are suddenly better. And it doesn't mean that the positions you are already in that are preparing for their demise are now worthless. Far from it.

Here's how our SHLD and KSS positions have been affected...

Trading Strategies

Two Charts You Need Before Placing Your Next Trade

Readers raised an interesting issue this week. Are stock charts really required to be a successful trader... or are they just a waste of your time? Here's the deal: While there are some charts out there that look fancy, they don't actually provide any useful information that you can use to time your trades. But there are others that do - and that are crucial in timing your entries and exits.

Here's what you need to know...