Month: January 2020

There is no better trade on Wall Street than a free ride. A free ride refers to a trade that goes your way to the point that you can take your initial investment off the table and still have exposure to the upside.
In this case, not only did War Room members take their initial investment off the table…
They took some profit too, enough that they’re being paid to be in the trade.
Let me explain…
Last week War Room members took a position in Cleveland-Cliffs (NYSE: CLF). This is the second time in less than a month members traded this stock and …read more […]

(Bloomberg) — Oil ended the first full week of 2020 with the steepest loss since July as geopolitical threats to some of the world’s most important supplies fizzled.Futures settled at a one-month low in New York on Friday to cap a volatile week that saw crude soar and then crash as the U.S. and Iran teetered on the brink of all-out conflict. Ultimately, prices finished the week down more than 6%.“Prices are still sliding because of the easing in tensions in the Middle East,” said Michael Loewen, director of commodity strategy at Scotiabank. “That’s draining the supply risk premium that …read more […]

(Bloomberg) — PayPal Holdings Inc. made a big bet in November with its $4 billion acquisition of Honey, a web browser extension that helps online shoppers find the lowest prices. Now Amazon.com Inc. is warning customers not to use the tool.Shortly before Christmas, Amazon said Honey posed a security risk, which was reported Thursday by Wired. The warning perplexed some online shopping experts since the tool has been available for several years and Amazon makes no similar warnings about other browser extensions such as price tracker camelcamelcamel.com.“Amazon’s fight against Honey while letting a dozen other tools go on is confusing,” …read more […]

Wall Street Journal reporting Tesla and General Electric are two of the nearly 40% of publicly trades companies that have lost money over the last 12 months — the highest level since the late 1990s, excluding recessions. ERShares CEO Joel Shulman joins Yahoo Finance’s Seana Smith. …read more […]

(Bloomberg) — Victims of wildfires blamed on PG&E Corp.’s power lines and government agencies that provided them disaster relief are tussling over a payout from the bankrupt utility.PG&E reached a settlement with fire victims to pay a total of $13.5 billion for damages tied to catastrophic blazes. California’s emergency services office and the Federal Emergency Management Agency, known as FEMA, want more than $6 billion — payouts that victims’ attorneys said Thursday would leave less money for those directly affected by the fires.Every dollar that FEMA and California’s agency receive “is one less dollar available to pay victims,” a committee …read more […]

The retailer’s strategy could catalyze its financial performance Continue reading… …read more […]

Shares of cannabis giant Aurora Cannabis fell sharply after two downgrades on Friday. Yahoo Finance’s Zack Guzman & Emily McCormick, along with SLT & Stretch’d Founder & CEO Amanda Freeman discuss on YFi PM. …read more […]