Footlocker Inc

Dow Jones

Dow Jones Today Pushes Higher as Chinese Trade Envoys Leave Washington Empty-Handed

The Dow Jones Today jumped over sixty points this morning as U.S and Chinese negotiators failed to make significant headway in an ongoing trade dispute.

According to a statement from Lindsay Walters, a White House spokeswoman, the two delegations "exchanged views on how to achieve fairness, balance and reciprocity in the economic relationship" but did not come to any agreement on new terms.

Dow Jones

Dow Jones Today Slides After White House Cancels North Korean Summit

The Dow Jones today dropped 60 points in premarket hours as markets processed developments between the Trump administration and the North Korean government.

On Thursday, President Trump announced he had canceled the planned summit between the U.S. and North Korean on June 12th.

While disruptive to market stability, the cancelation isn't surprising to Money Morning. In fact, we saw it coming months ago.

Trading Strategies

Don't Fall for Stock "Turnaround" Fairy Tales - Buy These Instead

Ah, that special time of year. The holidays are done, football season may as well be, and the prospect of baseball is a mere specter of a whiff of fresh-cut grass and hot dogs on the other side of all the ice and snow yet to come…

You'll have to forgive me for waxing poetic. On the other hand, I'm not doing it to sell you something… unlike the tidal wave of breathless prose currently inundating inboxes, courtesy of Wall Street and its good buddies in the mainstream financial media.

That's right: Investment clickbait season is here. Everywhere I look, I see "predictions" for 2018.

"Nine stocks to make all your dreams come true!" "One stock to rule them all in 2018!"

"Three stocks to profit from the 2018 zombie apocalypse!" "Six Trump-proof stocks!" "When this stock triples in 2018, thank Trump!"

My inbox is stuffed with these pitches, and they are all pretty much the same: lists of stocks with fantastic stories, peppered with some pithy quotes from an analyst or CEO about why this company is going to make your hopes and dreams a reality.

Some of them are even pretty well-written. But almost universally, they are poorly researched, and fatally short on clear-eyed analysis of a company's prospects and financial condition.

You can safely throw them out, and grab a real winner like the one I researched, which I'll show you instead...