Year: 2019

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Embracing Risk With Royal Bank of Scotland

October 11, 2019 admin Comments Off on Embracing Risk With Royal Bank of Scotland

Smart Speculation is what we’re all about in The War Room. It also distinguishes my trading style from Bryan’s.
Bryan is – without a doubt – the master of short-term technical trading.
My focus is on longer-term plays (with some nice short-term ones for good measure) that rely heavily on fundamentals.
We closed out a huge winner in The War Room today when our “free ride” on Royal Bank of Scotland (NYSE: RBS) hit a large profit for the second time in about a month.
A few weeks ago, we closed out part of the strangle when the price of the call options exceeded …read more […]

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UPDATE 2-EBay, Stripe join PayPal in exiting Facebook's cryptocurrency Libra

October 11, 2019 admin Comments Off on UPDATE 2-EBay, Stripe join PayPal in exiting Facebook's cryptocurrency Libra

Facebook’s efforts to establish a global digital currency called Libra suffered several setbacks on Friday as EBay Inc, Stripe Inc, and Mastercard all announced they were leaving the Libra Association, a group of companies aiding Facebook’s efforts to establish the project. The companies join Paypal Holdings Inc which exited the group just a week ago. …read more […]

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UPDATE 1-Eli Lilly's migraine treatment wins U.S. FDA approval

October 11, 2019 admin Comments Off on UPDATE 1-Eli Lilly's migraine treatment wins U.S. FDA approval

The U.S. Food and Drug Administration said on Friday it had approved Eli Lilly and Co’s migraine drug, Reyvow. The drug has been approved to treat acute migraine with or without aura, a sensory phenomenon or visual disturbance, in adults. Lilly acquired Reyvow, formerly called lasmiditan, in a deal https://www.reuters.com/article/us-colucid-pharms-m-a-eli-lilly-idUSKBN1521O6 worth about $960 million when it bought CoLucid Pharmaceuticals Inc in early 2017. …read more […]

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Boeing and FAA failed to properly review 737 max system

October 11, 2019 admin Comments Off on Boeing and FAA failed to properly review 737 max system

Boeing is under fire yet again after a new report from a panel of international air safety regulators will reportedly criticize the FAA’s review of Boeing’s 737 max jet. The report also faults Boeing for not improving the airplane’s design. CFRA’s Jim Corridore joins Yahoo Finance’s Akiko Fujita to discuss. …read more […]