The bankruptcy of Sears was expected, but it's still jarring.
You see, it could just be the start of the greatest economic crisis we've seen in 75 years.
Here are the shocking details...
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The Dow Jones Industrial Average fell another 100 points in premarket trading as indexes continued to sell off in the face of unstable global markets.
Yesterday marked the Dow's largest decline since April.
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The Dow Jones Industrial Average jumped 19 points premarket hours as investor awaited confirmation that the Federal Reserve intends to raise interest rates.
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The Dow Jones today struggled to gain momentum in premarket hours as investors awaited an announcement from the White House concerning the imposition of European tariffs.
by Tom Gentile
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It's the time of year when many of us like to rewatch "Rudolph the Red-Nosed Reindeer." Even if you've never seen it, you've probably heard of the Island of Misfit Toys – the destination for defective toys deemed unworthy for people's homes.
Now, this movie is the perfect trading and investing reminder to look for misfit stocks. Generally, these are the ones that aren't selling as well as they had in the past.
Maybe these companies' products or services have fallen out of favor, or maybe people in charge have made poor business decisions, or recent acquisitions haven't worked as anticipated. There are any number of reasons.
The best part is these stocks are easy to spot because they typically sit at or near their 52-week lows.
That means you're looking at the perfect opportunity to pinpoint the ones with the greatest turnaround – and profit – potential.
And it all boils down to this simple strategy...
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Following this strategy is just as simple as pouring your money into a passive investment, but over 500 times more lucrative.
And when the markets finally turn?
by Tom Gentile
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While everyone's been talking about the Dow's third major milestone this year – breaking the 24,000 mark – I'm focusing on something else…
You see, there's a new technical pattern forming in a couple of department store stocks. If it's true and you catch it at the right time, you can make a lot of money.
But timing is everything because this pattern is a tricky one.
Make sure your kids aren't looking over your shoulder trying to read this educational piece. If you are the squeamish type, you may not be able to get through this article in one reading. I'm going to teach you a new technical pattern with a not-so-happy name.
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The Dow Jones today is poised to open at 24,000, it's all-time high, thanks to an OPEC agreement that's already sending oil prices higher.
Dow Jones futures are up 80 points this morning, while the Senate continues to work on its landmark tax reform legislation.
by Shah Gilani
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Unless there really is a Santa Claus, Sears Holdings Corp. is going to seek bankruptcy protection.
It's only a matter of time. And that time is running out, quickly.
Billionaire hedgie Eddie Lampert, who besides running his namesake ESL Investments fund also runs Sears Holdings as its chairman and CEO, just put another $200 million into Sears last month.
That brings his fund's helping hand, I mean handout, to a tad more than $2 billion!
Poor Sears was once the Amazon of its day. Now, it's not only a dinosaur, it's already dead.
We're going to do a little grave dancing before the obituary arrives.
Here's how much of a mess SHLD already is and how you can profit from its extinction...
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I've talked with tens of thousands of investors over the years, and almost to a person they're convinced that building wealth is a complicated, difficult undertaking.
Not the way I see it.
In reality the biggest challenge isn't investing itself.
It's you.
And, specifically, the lies we tell ourselves about money.
Learn to get around those and making money becomes easy. Racking up huge profits becomes fun. Retirement becomes – dare I say it – something you enjoy.
Here are three (actually true) market truisms to get you started...
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