Month: December 2019

No Picture
Trading Ideas

Multiply Your Profits With a Little-Known Wall Street Secret

December 5, 2019 admin Comments Off on Multiply Your Profits With a Little-Known Wall Street Secret

The market can be a humbling force for any investor, financial analyst or writer. It often runs in the opposite direction than we predict, mocking our best judgment in the process.
Even I’m not immune to making losing calls from time to time…
So whether the market rallies sooner than expected or falls harder than expected, it’s important to have flexible strategies in place.
One way to stay profitable or protected whichever way the market goes is to use the old fail-safe investment strategy: Long-Term Equity Anticipation Securities (LEAPS).
Low-Dollar Risk… High-Dollar Return With LEAPS…
Right off the bat, LEAPS options reduce the amount of …read more […]

No Picture
Trading Ideas

UPDATE 1-PG&E nearing $13.5 bln deal with wildfire victims -Bloomberg

December 4, 2019 admin Comments Off on UPDATE 1-PG&E nearing $13.5 bln deal with wildfire victims -Bloomberg

Bankrupt California power producer PG&E Corp is close to finalizing terms for a $13.5 billion payout to victims of wildfires triggered by its power lines, Bloomberg reported on Wednesday, citing people familiar with the matter. The company had proposed paying the victims no more than $8.4 billion in September. The wildfire victims had opposed the company’s reorganization plan and allied themselves with PG&E bondholders, who proposed their own reorganization plan. …read more […]

No Picture
Trading Ideas

Can This 9.9% Yield Keep Up Its Tradition?

December 4, 2019 admin Comments Off on Can This 9.9% Yield Keep Up Its Tradition?

My teenage daughter embarrasses easily. If I’m talking too loudly, gesturing a little too dramatically or… breathing, she wants to crawl under a rock.
Like many girls her age, she spends most of her time in her room.
So I was pleasantly surprised last week when she announced that she wanted to watch the Macy’s (NYSE: M) Thanksgiving Day Parade together like we have every year since she was very little.
The parade has been held in New York City every year since 1924, and we’ve been watching it curled up on the couch since she was 4.
This year, due to high winds, …read more […]

No Picture
Trading Ideas

Musk Tells Jury He’s Worth $20 Billion, But Is Short on Cash

December 4, 2019 admin Comments Off on Musk Tells Jury He’s Worth $20 Billion, But Is Short on Cash

(Bloomberg) — Elon Musk says he doesn’t have a lot of cash.Musk’s wealth came up in the second day of his testimony before a federal jury in Los Angeles where the Tesla Inc. and SpaceX chief executive is on trial over a tweet in which he referred to a British cave expert as a “pedo guy.”After an unsuccessful objection from his lawyer, Musk told the jury he has Tesla stock, and SpaceX stock, with debt against those holdings, and his net worth is about $20 billion. But contrary to public opinion, he said, he didn’t have much cash. Musk finished …read more […]

No Picture
Business News

Exclusive: As Citgo profit rises, pressure to restore dividend grows – sources

December 4, 2019 admin Comments Off on Exclusive: As Citgo profit rises, pressure to restore dividend grows – sources

Citgo Petroleum Corp’s directors are unlikely to bow to pressure this week to resume dividend payments, two sources close to the discussions said, as the refiner cannot yet help Venezuela’s interim government ease creditors’ claims against its parent PDVSA that also are threatening its assets.

…read more […]