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Trading Strategies

Here's the All-Important Difference Between a "Cheap Stock" and an Undervalued One

Millions of investors are focused, very myopically, on short-term trading at the moment. That's perfectly understandable, but it's a huge mistake in a mid-term election year.

Why?

Because the single biggest risk facing investors today is not that the numbers driving our economy – earnings, jobs, interest rates – collapse, but rather that they're better than "everyone" expects.

Too much "short-termism" results in too many losses, especially at this time of year, when traders are looking to do two things: a) clean house on their portfolios, and b) get in line for big year-end bonuses.

To be sure, the business cycle is long in the tooth; so is the bull market rally. But nowhere is it written in stone that either of those things must come to an end.

What is written, however, are the things that tend to produce huge profits time and again for savvy investors - in any market, to boot...

Dow Jones

Stock Market News Today: Dow Rises Above 21,000 as the Trump Post-Election Rally Continues

The stock market news today features the Dow on the rise again. Markets continue to push higher a day after a record-breaking trading session saw the Dow top 21,000 for the first time in its history.

On Wednesday, the Dow Jones hit a new record high after surging more than 300 points.

Here's a look at today's most important market events and stocks, plus a look at today's economic calendar.