These stocks are all chasing the same people: millennials.

The clash between Chinese communism and Western capital markets will surely claim more victims.

Good money management is such a powerful tool that traders should be able to make money even when stock selection is entirely random.

"I don't want to be the CEO of anything," says Tesla's Elon Musk. Don't dismiss him.

Sometimes you reach a point where you need to cut some some stocks that have become dead weight. 

It's all on Real Money right now.

Here are five must reads from the columnists of Real Money and Real Money Pro, our premium sites for Wall Street professionals and active investors:

Jim Cramer: The Stocks That Attract the Buy Now, Pay Later Younger Investor

Figure out what millennials want -- even if they can't afford it -- and then give it to them. That's often how this market works and today the millennial caterers just went nuts with their love for millennial-related stocks, observes Jim Cramer.

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Alex Frew McMillan: U.S., Chinese Regulators Work on Framework to Protect Investors

After a number of punishing days for Chinese shares, regulators on both sides of the Pacific are trying to figure out how to handle the increasingly complex issue of Chinese companies that are listed outside China's borders. That counts China-focused companies in Hong Kong, and some US$2 trillion worth of shares in the United States, writes Alex Frew McMillan.

Rev Shark: The 2 Steps to Trading Success

Great trading and investing consists of just two basic steps: stock selection and trade management. That isn't particularly profound, but that is what it is all about. Nothing else really matters but what is often overlooked by market participants is that trade management is much more important than stock selection, says James "Rev Shark" DePorre.

Ed Ponsi: Tesla Rides Again

There are recent hints from Elon Musk indicating that he wishes to take a less active role in running Tesla  (TSLA) - Get Tesla Inc Report . 

On July 30, in response to a tweet, Musk replied, "I don't want to be the CEO of anything," suggesting that he could eventually take a less active role in running Tesla. Why would this be positive for the company? asks Ed Ponsi.

Tim Collins: The Time to Shed Dead Weight Is Probably Now

To get a clearer view of where your holdings are headed amid this torturous action, consider cutting bait with a stock, even if you don't agree with the price action, notes Tim Collins. While the market continues to press new highs and the largest of the large-caps refuse to give up significant ground, there's a lot of carnage unfold beneath the surface.

There comes a point when sometimes you have to cut bait with a holding, even if you don't agree with the price action.

(PayPal and Apple are holdings in Jim Cramer's Action Alerts PLUS member club. Want to be alerted before Jim Cramer buys or sells these stocks? Learn more now.)

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(Real Money and Real Money Pro are TheStreet's premium sites for active traders. Click here to get great columns like these from Jim Cramer, Stephen "Sarge" Guilfoyle, Doug Kass and other writers each trading day.)