No Picture
Trading Ideas

Is iQIYI, Inc. (IQ) A Good Stock To Buy?

Investing in small cap stocks has historically been a way to outperform the market, as small cap companies typically grow faster on average than the blue chips. That outperformance comes with a price, however, as there are occasional periods of higher volatility. The last 12 months is one of those periods, as the Russell 2000 […] …read more […]

No Picture
Trading Ideas

Playing a Penny Options Strangle With General Electric

It’s earnings season again, which means it’s time to employ one of the best and most effective options strategies…
The strangle.
This strategy has brought in huge profits for War Room members – one member was able to buy a car for his daughter after cashing in on Bryan’s FedEx strangle!
So, what is a strangle exactly?
A strangle is when you buy a call option and a put option on a single stock, but with different strike prices. By buying both a put and a call, you are betting that the stock price will break sharply in one direction.
The best-case scenario is the …read more […]

No Picture
Trading Ideas

Netflix rally recedes after reporting third-quarter earnings

Despite disappointing subscriber growth for the third quarter, Netflix shares surged Wednesday after the streaming giant reported better-than-expected earnings results. Yahoo Finance’s Jennifer Rogers and Emily McCormick discuss what’s next for Netflix, as the debuts of Disney+ and Apple TV+ approach. …read more […]

No Picture
Trading Ideas

UPDATE 1-Brazil awards contracts for 2.98 gigawatts of new power projects

The Brazilian government awarded on Friday contracts for companies to build new power generation installations with combined capacity of 2.98 gigawatts, that will cost about 11.16 billion reais ($2.71 billion) to be built. According to the power trading chamber CCEE, the new plants, which will need to be operational in six years, will sell energy for an average price of 176 reais per megawatt, a 33% discount over the initial price at the auction. France’s Voltalia, Norway’s Statkraft and Brazil’s Eneva are among the winning bidders. …read more […]

No Picture
Trading Ideas

UPDATE 1-Cargill to resume receiving cattle at Kansas plant early next week -spokesman

Cargill stopped receiving cattle for slaughter at its Dodge City, Kansas, beef plant after an explosion on Thursday but it expects to resume early next week, a company spokesman said on Friday. Cargill is working with its other plants to receive cattle and meet customer commitments, spokesman Daniel Sullivan said in an email. Cargill is the world’s largest producer of ground beef. …read more […]

No Picture
Business News

Exclusive: Electric Hummer could be part of GM’s move into EV trucks, SUVs – sources

General Motors Co plans to build a new family of premium electric pickup trucks and sport-utility vehicles at its Detroit-Hamtramck plant beginning in late 2021, possibly reviving the imposing Hummer brand on some of them, several people familiar with the plans said.

…read more […]