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Trading Ideas

What Are You Thankful for in Your Financial Life?

This Thanksgiving will be particularly profound for me. A close family member had been very ill earlier in the year but has made a complete recovery.
Over the summer, I assumed she’d no longer be here at Thanksgiving. Instead, she’ll be enjoying herself in full health like everyone else at the table.
Without a doubt, I’m most thankful for that.
When it comes to my financial life, I also have an awful lot to be thankful for.
The fact that I found a profession and job that I love has had a very positive effect in my family’s finances. It’s hard to thrive when …read more […]

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Business News

Westpac CEO steps down as money-laundering scandal rocks second-biggest Australian bank

Westpac Banking Corp on Tuesday said Chief Executive Brian Hartzer will be stepping down, as Australia’s second-biggest bank faces the country’s biggest money-laundering scandal. Chief Financial Officer Peter King will be taking over as acting CEO, effective Dec. 2.

…read more […]

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Trading Ideas

Lululemon Is on Fire This Holiday Season

With the start of trading today, we’ve now entered into a time period that’s been historically very, very bullish.
For instance, from the close of trading tomorrow until the end of next Friday (which includes Black Friday and Cyber Monday), the S&P 500 has been positive in 58 out of the last 69 years – which is an amazing 84% positive rating.
As for the down years, only four have seen declines of more than 1% (1951, 1987, 2009 and 2011).
I find this interesting because this historically strong market period is coming at a time when we’ve seen both huge upside moves …read more […]

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Trading Ideas

UPDATE 1-FDA approves Global Blood Therapeutics's sickle cell disease drug

The U.S. Food and Drug Administration said on Monday it had approved Global Blood Therapeutics’s drug, Oxbryta, to treat sickle cell disease in adults and pediatric patients aged 12 years or older. The disease is a lifelong, inherited blood disorder in which abnormally shaped red blood cells restrict flow of blood in vessels, leading to severe pain and organ damage. The drug, also known as voxelotor, aims to treat the underlying cause of sickle cell disease by preventing sickle cells from deforming. …read more […]