Trading Ideas
Why you likely don't own Tesla, explains CEO Tom Lydon
ETF Trends CEO Tom Lydon joins The Final Round to talk Tesla, and why most people may not own the stock. …read more […]
Month: January 2020
Business News
U.S., China tiptoe around holes in new trade agreement
The United States and China signed an initial trade deal on Wednesday that will roll back some tariffs and boost Chinese purchases of U.S. products, defusing an 18-month row between the world’s two largest economies but leaving a number of sore spots unresolved.
Business News
Dispute settlement in U.S.-China trade deal aims to deter retaliation: official
The U.S.-China Phase 1 trade deal’s dispute settlement and enforcement mechanism will take about 90 days to complete and is designed to deter retaliation against any punitive tariffs imposed, a senior Trump administration official said on Wednesday.
Business News
Wall Street ends higher after U.S.-China deal inked
U.S. stocks ended higher on Wednesday with the Dow posting a record close after the United States and China signed a Phase 1 trade agreement and pledged to resolve a tariff dispute that has roiled financial markets for over a year.
Trading Ideas
Tesla stock could hit $6,000 in five years, says ARK Invest CEO
ARK Invest CEO Cathie Wood is confident that shares of Tesla could reach $6,000 in the next five years. ARK Invest analyst Tasha Keeney joins The Final Round to discuss. …read more […]
Trading Ideas
Bank of America Posts 4th-Quarter Earnings Beat on Loan Growth
The second-largest US bank turned lower interest rates into a source of profit Continue reading… …read more […]
Trading Ideas
Tesla Is Once Again the Most Shorted American Stock
(Bloomberg) — Tesla Inc. bears won’t let anyone steal the title for the most-shorted stock. Not even Apple Inc.A parabolic spike in shares of the electric carmaker hasn’t stopped short sellers from betting the stock will go down. They drove the total dollar amount of shares borrowed to sell the stock short to $14.5 billion on Wednesday, data by financial analytics firm S3 Partners showed. That’s above the $14.3 billion invested in a bet Apple will go down.The iPhone maker overtook Tesla as the most-shorted U.S. stock on Sept. 20 and had held that position until Wednesday. The dollar amount …read more […]
Business News
Oil down slightly after U.S.-China trade deal, U.S. product build
Oil prices were down slightly on Wednesday, pressured early by data showing big increases in U.S. refined products but recovered some of the losses later by the signing of a Phase 1 trade deal between Washington and Beijing.
Business News
China’s ‘market condition’ caveat on U.S. ag purchases adds to Phase 1 doubts
China’s pledge to buy U.S. farm goods based on “market conditions” during the Phase 1 trade deal signing ceremony on Wednesday added to doubts among farmers and commodity traders over the lingering tariffs on U.S. exports.
Trading Ideas
Americans won’t get a total reprieve after China trade deal as effects of lost factory jobs, pricier goods linger
Americans won’t feel much of a financial reprieve from a trade truce with China. While further pain was avoided, U.S. consumers are still living with previous rounds of tariffs. …read more […]
Trading Ideas
Trump slams Apple over refusing to unlock iPhones
President Trump slammed Apple after the tech company refused requests from U.S. Attorney General William Barr and the FBI to unlock the iPhones allegedly used by the shooter who killed 3 people at Pensacola, Florida. Yahoo Finance’s Dan Howley joins Seana Smith on The Ticker to discuss. …read more […]
Trading Ideas
3 Unique Ways to Play This Historic Melt-Up
Earlier this week, I asked this question in The War Room…
How long can this melt-up last?
The answer…
A lot longer than anyone expects.
This prompted me to introduce a new strategy – a strategy I’d like to share with you here, right now in today’s Trade of the Day.
It goes like this…
Let’s assume for a moment that we are indeed close to a “blow-off top” in the markets.
If that’s the case – then why don’t we really lean into it?
In other words, let’s play some stocks that can really amplify a final blow-off rally.
What could that group look like?
Well, look no …read more […]
Business News
South Africa’s Telkom could cut 3,000 jobs: letter to unions
South African telecoms company Telkom SA told unions on Wednesday it could cut up to 3,000 of more than 15,000 staff as it struggles with declining performance in fixed voice and fixed data services.
Business News
Wall Street higher but off intraday records as China and U.S. ink trade truce
U.S. stocks climbed but were off earlier intraday records on Wednesday after the United States and China signed a Phase 1 trade agreement and pledged to resolve a tariff dispute that has roiled financial markets for over a year.
Trading Ideas
Why Target's holiday sales disappointment is like getting an 'A instead of an A+': Retail Expert
Target is tumbling after a disappointing holiday season. The retailer’s same-store sales rising only 1.4% between November and December compared to a growth rate of 5.7% a year ago. Retail Expert Erin Sykes breaks down what this means for Target moving forward. Yahoo Finance’s Zack Guzman & Sibile Marcellus join in on the conversation. …read more […]