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Trading Ideas

Understanding the Put Selling Strategy With Kirkland Lake Gold

It’s confusing, I must admit, when I tell people that I like to predict where a stock isn’t going to go…
You see, most people focus on one side of a trade. They want to know where a stock will go.
But that leaves out 50% of the possibility…
Let’s focus on both sides of the trade. After all, stocks do go up and down.
When I sell puts, this is the exact exercise I go through. I know where the stock is, and I can guess where it will or won’t go in the future.
What I do know for a fact is that …read more […]

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Trading Ideas

Cannabis Isn’t Going Anywhere

Pot stocks are having a rough time. Many are down 50% or more from recent highs.
But the industry is doing great. Legal cannabis sales are booming. Retail sales are set to grow 35% in the U.S. this year, according to Marijuana Business Daily.
And this industry is changing millions of lives for the better.
Lucy Stafford’s is one of them. Lucy is a 19-year-old with a rare genetic condition that affects her joints. Lucy wrote about her condition for Sky News:

As part of my condition, I dislocate my joints very easily without trauma. So I can dislocate my shoulder by brushing my …read more […]

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Trading Ideas

Netflix, HBO and more crack down on password sharing

Netflix, HBO and other cable giants have had enough! The streaming services are cracking down on the use of password sharing that is said to cost these companies billions of dollars in lost revenue. Some new tactics to prevent this include requiring customers to change their passwords often or texting codes to subscribers phones. Yahoo Finances’s Julie Hyman discusses with the panel. …read more […]

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Business News

Activist investor Icahn sells nearly a third of his Occidental Petroleum stake

Activist investor Carl Icahn, who has been waging a bitter battle against Occidental Petroleum Corp’s board over its $38 billion acquisition of Anadarko Petroleum, cut his holdings in the oil and gas producer by nearly a third, according to an open letter to shareholders released on Friday.

…read more […]