Trading Ideas
Look at Amazon, Visa, and others, as markets tumble: strategist
One analyst details the companies that are worth buying as the markets continue to sink. …read more […]
Month: March 2020
Trading Ideas
FedEx Corporation (FDX): Hedge Funds Caught Wrong Footed
Coronavirus is probably the 1 concern in investors’ minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […] …read more […]
Trading Ideas
Former Obama official on coronavirus: 'Both the president and Congress are utterly failing'
The U.S. response to COVID-19 has garnered heavy criticism, ranging from the lack of preparedness to contradictory statements made by government officials. …read more […]
Trading Ideas
Protect Your Money From the Coronavirus Pandemic by Doing These 5 Things
Your financial health is at risk, too. …read more […]
Business News
Washington state repeals tax break; Boeing says U.S. complies with trade deal
Boeing said Washington state’s move on Thursday to repeal of an aerospace business tax break brings the United States into full compliance with World Trade Organization rules, which U.S. policymakers hope will avert European Union tariffs on U.S. goods.
Business News
As Trump’s stock market gains shrink, he says it will ‘work out fine’
For three years, U.S. President Donald Trump has touted a stunning run-up in the stock market as evidence of his success in the White House. In the space of three weeks, most of those gains have evaporated.
Business News
Explainer: Fed may go into its crisis tool kit soon. What’s in it?
Analysts and economists increasingly expect the Federal Reserve to roll out measures beyond interest rate cuts and bond purchases to ensure financial markets keep operating smoothly and banks have ample liquidity during the coronavirus outbreak.
Business News
World stocks plunge into bear market on U.S. travel curbs, ECB move
Panic hit world financial markets on Thursday, after stimulus efforts from the European Central Bank failed to calm investors alarmed by U.S. moves to restrict travel from Europe over the coronavirus pandemic.
Trading Ideas
Coronavirus update: Italy's death toll surpasses 1,000 as US official acknowledges strategy is 'failing'
Italy’s death toll passed a grim milestone and U.S. officials acknowledged that the world’s largest economy was “failing” in its effort to identify and prevent new infections. …read more […]
Business News
Verizon raises 2020 capital expenditure in 5G push
Verizon Communications Inc on Thursday raised its full-year capital expenditure as it accelerates its transition to 5G network.
Trading Ideas
3 Stocks to Pull From the Bear Market Bargain Bin
Welcome back, bears.The Dow retreated further on Thursday and has now pulled back 26% from its all-time high, crossing the threshold considered to officially trigger a bear market. The latest sell-off came after the World Health Organization declared the coronavirus outbreak a global pandemic and Trump addressed the virus in a speech in which he also announced a ban on most travel from Europe, without delivering the economic and medical response investors were hoping for.In a note to clients, Wedbush’s Daniel Ives reminds investors that as history has repeatedly shown, the many panics, fears, and sell-offs on account of different …read more […]
Business News
U.S. weekly jobless claims drop, but coronavirus layoffs loom
The number of Americans filing for unemployment benefits unexpectedly fell last week as employers continued to hold on to their workers, but the coronavirus pandemic is expected to lead to an increase in layoffs as companies battle supply chain disruptions and sagging demand for some goods and services.
Trading Ideas
U.K. Abandons Effort to Contain Virus as 10,000 May Be Infected
(Bloomberg) — U.K. authorities have abandoned efforts to contain the spread of coronavirus and will focus on delaying the worst of the outbreak, as officials said as many as 10,000 Britons may be infected.Prime Minister Boris Johnson warned “many more” families will lose loved ones and advised everyone with any symptoms of the virus, including a cough or a fever, to stay at home for seven days. Schools will not yet be ordered to close under the plan, though this may change as the disease spreads.Speaking after a meeting of senior ministers and advisers working on the response to the …read more […]
Trading Ideas
Analyst breaks down the companies to invest in amid coronavirus turmoil
Pence Capital Management Dryden Pence joins Yahoo Finance’s Zack Guzman, Kristin Myers and Black Hawk Financial Founder Leanna Haakons on YFi PM to discuss how the coronavirus is impacting the markets. …read more […]
Business News
Trump signs law to bar U.S. rural carriers from using Huawei network equipment
U.S. President Donald Trump signed legislation on Thursday to bars the use of U.S. subsidies by carriers to purchase network equipment from Huawei Technologies and other companies deemed a national security threat.