Archives for October 2019

October 2019 - Page 3 of 16 - Money Morning - Only the News You Can Profit From

Our Top Retail Stock to Buy as the Trade War Resolves

Retail stocks saw some of their biggest 2019 losses in just the last couple of months.

But our top retail stock is on the brink of a huge catalyst. Growth in the retail sector slowed year over year this past August.

Sales increased by only 0.6%, compared to the 4.1% year-over-year increase the same time last year.

Some will chalk this downtrend to increased competition from digital retailers like Amazon.com Inc. (NASDAQ: AMZN).

And there might be some evidence to support that brick-and-mortar is in danger.

But our best retail stock pick puts that to bed.

Read more...

How to Turn Setbacks into Investing Success

Today, we're going to talk about something unusual – and, at first glance, perhaps even uncomfortable – but stick with me: It's a conversation that'll make you a stronger, more consistently profitable investor.

I'd like to put failure on the table this morning.

Most investors want desperately to succeed – it's easy to understand why.

Unfortunately, in the absence of a disciplined, risk-managed plan, the mad dash for "success" all too often leads folks to fall for glitzy advertising, hype, and – honestly – complete crap… much of which, unfortunately, comes from the newsletter industry.

Chances are you know exactly what I'm talking about.

But here's the secret...

The Last Retailer Standing Could Hand You 100%

You probably don't need me to tell you how the retail sector has transformed over the past few years. If you've driven past a mall lately, you know it's pretty grim out there for brick-and-mortar outlets.

In the coming months, over 100 Sears and Kmart stores will close. Popular teen-centric clothing store Forever 21 just filed for bankruptcy protection. Heck, I was on Bed Bath & Beyond's earnings call when management announced the closure of 20 more stores (up from 40).

You can chalk that up to Amazon, or folks going directly to their favorite brands online, or rapid delivery – it's all those things.

But there's always an exception, and now there's one "legacy" retailer that refuses to be broken. The department store just announced some big changes that should add up to one of its best holiday shopping seasons ever.

That makes it the perfect candidate for this kind of trade...

Keeping Your Cool Is Essential to Growing Your Wealth

You can ask any of my 10-Minute Millionaire subscribers: The most profitable stock setups are the extremes that come when prices get "stretched" like rubber bands. It happens in individual stocks and in entire markets, too, and the gains can be big and fast – triple and even quadruple digits.

Those extremes come, frankly, when market participants (people) act crazy, when they're irrational.

There's a catch: In order to capture those profits effectively, we have to remain completely rational at all times.

In other words, identifying crazy behavior – and avoiding it ourselves – is fundamental to profitable trading.

It can be tough, but it's oh so rewarding… Full Story

It can be tough, but it's oh so rewarding... Full Story