No Picture
Trading Ideas

Oil prices won't stay constant for long, says Dan Dicker

Oil shares popped on Wednesday after President Donald Trump finalized the first stage of a trade deal with China. However, a new report from the International Energy Agency warns that oil production from PEC countries is still expected to outstrip supply. Dan Dicker, founder of The Energy Word, joins The Final Round to discuss what investors should expect from the oil industry in 2020. …read more […]

No Picture
Trading Ideas

3 Cannabis Stocks Kicking Off Earnings Season with Mixed Results

As the cannabis stocks trade at multi-year lows, the market is looking to grasp at any positive news from the upcoming earnings season. Any positive news from Q4 sales or insights on the Cannabis 2.0 rollout in Canada will breath some relief into the market.The North American cannabis industry has plenty of catalysts by midyear 2020, but the related companies were built for robust revenues and much larger markets. The keys to watch in the upcoming earnings reason are the ability of cannabis companies to generate profits from the current market opportunities and not the previous grand expectations.Several big catalysts …read more […]

No Picture
Trading Ideas

Software Upstarts Hit Salesforce, Oracle on Tech and Sales Practices

(Bloomberg) — When Salesforce.com Inc. emerged two decades ago, it lashed out at the software establishment: large companies that allegedly locked clients into dated products. Now, a coalition of newer rivals have extended that criticism to the cloud applications pioneer. Ten software upstarts kicked off a public campaign Thursday that knocks customer relationship management, or CRM, titans, including Salesforce, Oracle Corp. and SAP SE, by saying the large companies keep clients trapped in subpar software suites, potentially shutting out smaller rivals with newer technology.The “Platform of Independents” leading the effort include Segment Inc., Amplitude Inc., Outreach Inc., Pendo.io Inc. …read more […]

No Picture
Trading Ideas

Morgan Stanley Surges Most in Seven Years After Raising Targets

(Bloomberg) — Morgan Stanley shares jumped the most in more than seven years after the Wall Street bank raised its profit targets and reported a massive increase in fixed-income trading, joining its bigger rivals in staging a roaring comeback for the industry.Fourth-quarter bond-trading revenue more than doubled, helping lift annual profit to an all-time high, and fees from merger advice and stock and debt underwriting beat analysts’ estimates, according to a company statement Thursday.Shares of the company, which jumped 29% last year, advanced 7.7% to $57 at 2:05 p.m. in New York, and reached $57.36 earlier Thursday, the biggest intraday …read more […]