The Dow Jones today could gain over 200 points after U.S. President Donald Trump and Chinese President Xi Jinping promised not to accelerate tariffs on each other.
The two leaders met on Saturday at the G-20 Conference in Osaka, Japan.
Here’s what happened to chip stocks shortly after…
Here at Money Morning, our readers have had a lot of success with gambling stocks since
the U.S. Supreme Court struck down a federal ban on state licensing for casinos and
sportsbooks.
We saw a triple-digit gain last summer when we recommended Dover
Downs Gaming & Entertainment Inc. (NYSE: DDE) just before a Rhode Island casino
operator acquired it.
Today, we're unveiling a global gambling stock to buy with one of our
highest VQScores.
First, we'll talk about recent developments in China's gaming industry
and how to play recent developments.
Then, we'll discuss the one stock that is poised to
surge despite China's shaky VIP concerns.
Expect a shaky Dow Jones today as we draw closer to what investors predict will be the worst earnings season since 2016.
President Trump is also threatening to slam the EU with billions in new tariffs.
The tech sector is one of the hottest on Wall Street – the tech-heavy Nasdaq is already up 13% on the year – but "sin stocks" are where you'll find the biggest gainers.
In fact, tobacco purveyor Philip Morris International (NYSE: PM) crushed Apple Inc. (NASDAQ: AAPL) over the last 30 years.
The Dow Jones Industrial Average fell over 50 points in premarket trading as investors awaited news from today's Federal Reserve meeting on interest rates.
Markets largely ignored this morning's announcement that Americans seeking unemployment benefits came in at 214,000, a figure that was in-line with economists' expectations.
The Dow Jones today continues to move higher as optimistic investors cycle back into stocks amidst high volatility.
Dow futures were down as much as 284 points this morning as European markets showed strong gains this morning. European investors cheered a deal struck by Germany's Chancellor Angela Merkel to form a coalition government. This ends several months of uncertainty over the future of Europe's largest economy.
We've seen time… and time… and time again just how large a part human emotion plays in big market moves.
Whether it's classic Greenspan-ian "irrational exuberance" at market tops, bidding up everything from tulip bulbs to dot-com stocks, or – less so these days – despair that catches like wildfire, sending otherwise perfectly sound stocks plummeting with no business case for them to do so.
In other words, emotions drive financial markets (and, importantly, the individual securities on them) "out of whack" – sometimes severely so.
This emotion drives investors to make bad, if not disastrous, decisions, gleefully overpaying at tops and selling at a long-term loss at bottoms.
Nevertheless, if you can hold your nerve, keep a proper perspective, and not go along with the crowd, you'll find that there's massive upside in these extreme situations – especially the one I'm going to show you.
Now, these aren't just rare opportunities. You can find these extremes everywhere in the market, at just about any time.
They show up in broad indexes… specific market sectors… individual stocks and bonds…
And each one is a huge opportunity...
The Dow Jones today is rising in pre-trading hours despite a Las Vegas shooting that killed more than 50 people and sent casino stocks falling…
Dow Jones futures are up 37 points this morning even as tensions rise across the world.
The Dow Jones Industrial Average today slid 28 points as investors anxiously await Election Day results.
by Shah Gilani
Hedge fund underperformance has sent investors into passive index funds.
But as our expert explains, you can benefit from this massive industry upheaval...
