Trading Ideas
President Trump: ‘We’ve launched an economic boom’ amid Federal Reserve interest cuts
President Donald Trump addresses the strength of the economy at the Economic Club of New York. …read more […]
Month: November 2019
Business News
World’s energy watchdog is undermining climate change battle, critics say
A short walk from the Eiffel Tower, Fatih Birol oversees the world’s energy watchdog, whose analyses of fuel demand have long been viewed as the gold standard by government officials, energy executives and investors.
Business News
Trump says U.S. close to signing ‘phase one’ trade deal with China
President Donald Trump on Tuesday said the United States is close to signing a “phase one” trade deal with China, adding in a speech to the Economic Club of New York he will only accept a deal if it is good for his country and U.S. workers.
Business News
Trump bashes Europe for ‘terrible’ trade barriers
U.S. President Donald Trump on Tuesday renewed his criticism of European Union’s trade policies, saying it has “terrible” barriers that are unfair to U.S. producers.
Business News
Trump barks at Fed but offers no fresh details on trade in NY speech
U.S. President Donald Trump on Tuesday took aim once again at the Federal Reserve for its interest rate policy in a highly anticipated speech that offered no fresh details on his administration’s long-running trade war with China.
Business News
Facebook to consolidate payments tools across apps with Facebook Pay
Facebook Inc said on Tuesday it was launching Facebook Pay, a service that will help consolidate payments tools across its social media platforms including Whatsapp and Instagram.
Trading Ideas
Facebook to consolidate payments tools across apps with Facebook Pay
Facebook Inc said on Tuesday it was launching Facebook Pay, a service that will help consolidate payments tools across its social media platforms including Whatsapp and Instagram. Facebook said the service will collect user information such as payment method, date, billing and contact details when a transaction is made and that it would use the data to show targeted advertisements to users. Facebook Pay will begin rolling out on Facebook and Messenger this week in the United States, the social media giant in a blog post. …read more […]
Trading Ideas
Were Hedge Funds Right About Dumping Exela Technologies, Inc. (XELA)?
Concerns over rising interest rates and expected further rate increases have hit several stocks hard during the fourth quarter of 2018. Trends reversed 180 degrees during the first half of 2019 amid Powell’s pivot and optimistic expectations towards a trade deal with China. Hedge funds and institutional investors tracked by Insider Monkey usually invest a […] …read more […]
Trading Ideas
Trump: The American Dream has been 'sold out'
President Trump addresses the state of the economy at the New York Economic Club. …read more […]
Business News
U.S. pork prices rise as fatal pig disease hits Asia: Tyson Foods CEO
U.S. pork prices have increased in recent weeks as a fatal pig disease in Asia is reducing global meat supplies, the chief executive of Tyson Foods Inc said on Tuesday, after the company posted lower-than-expected quarterly earnings.
Business News
Give me some of that: Trump renews call for negative U.S. interest rates
President Donald Trump on Tuesday renewed his criticism of the Federal Reserve’s raising and then cutting of interest rates, saying the central bank had put the United States at a competitive disadvantage with other countries and calling for negative interest rates.
Trading Ideas
Most Overvalued Biotech Stocks in 2019
There are few sectors more exciting than biotech.
The companies within it are pioneering breakthroughs and innovations. But that’s not all.
Because these trailblazers are potentially revolutionizing new treatments or curing diseases, their shares are extremely volatile.
They can skyrocket on promising data and deals…
And tumble back to Earth just as quickly on bad results.
That’s why, today, we’re looking at overbought biotech stocks that may be flying too close to the sun.
Investors don’t need to dig deep to find evidence of this.
Just look at the recent rise and fall of NextCure (Nasdaq: NXTC)…
Shares blasted off a staggering 248.9%!
That was just a one-day gain! …read more […]
Trading Ideas
Trump: US in the midst of historic economic, stock market boom
President Trump touts pro-American policies for strong economy. …read more […]
Business News
Thyssenkrupp’s elevator business gets at least 3 bidders: sources
Thyssenkrupp has received bids from at least three major bidding groups for a majority stake in Thyssenkrupp’s elevator business, four people familiar with the matter said.
Trading Ideas
Remembering the Fall of the Berlin Wall
The Berlin Wall came down 30 years ago, signifying the end of the Soviet Union and paving the way for German reunification.
Today, Nicholas Vardy reflects on the Berlin Wall’s significance and impact on global wealth.
“Mr. Gorbachev, open this gate. Mr. Gorbachev… Mr. Gorbachev, tear down this wall!”
– President Ronald Reagan
On November 9, 1989 – just over 30 years ago – I watched on CNN as thousands of East Germans tore down the Berlin Wall.
It was a historic moment… and the final nail in the coffin of the Soviet Union and its Eastern European empire.
Earlier that year, in August, Hungary raised …read more […]