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Trading Ideas

United joins U.S. peers in pulling 737 MAX until early March

United Airlines Holdings Inc said on Friday it is extending cancellations of Boeing 737 MAX flights until March 4, joining U.S. peers who are also scheduling without the aircraft until early March as the jet awaits approval to fly again. The March date will mark nearly a year since regulators around the world issued a safety ban on Boeing Co’s fastest-selling aircraft, the 737 MAX, following two fatal crashes in Indonesia and Ethiopia. Boeing said on Monday that the U.S. Federal Aviation Administration could approve in December fixes to software that played a role in both …read more […]

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Trading Ideas

The Worst Trade I Ever Made… and How You Can Benefit

As 2019 comes to an end, it can be tempting to sell off losing stocks for the tax break.
Today, Alexander Green explains how you can navigate the wash-sale rule and still capitalize on potential rallies in December and January.

In December 1996, I sold all my shares of Best Buy (NYSE: BBY).
It was one of the most boneheaded investment moves I ever made.
A year later the stock was up more than fivefold. A few years more, it was up more than thirtyfold.
The worst part is that I liked the business prospects for Best Buy at the time.
I sold it only because …read more […]