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Trading Ideas

Coronavirus Triggers Equity Sell-Off and Gold Spike

Editor’s Note: Today’s Wealthy Retirement comes from our good friend Rich Checkan, president of Asset Strategies International and an expert in gold investing.
As you know, Wealthy Retirement is published by The Oxford Club. Asset Strategies International is one of The Oxford Club’s trusted Pillar One Advisors, vetted experts who we defer to when we have specific questions or concerns.
Rich and his team at Asset Strategies International are our go-to experts on gold and precious metals. Given the recent market correction, we asked Rich if now was the time to invest in gold.
So, today and tomorrow, Rich will offer his take …read more […]

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Trading Ideas

CVS Dividend History Shows a Higher Dividend Yield

The healthcare industry is competitive but it’s good to be in long-term. As the population grows and ages, sales should continue to climb. This trend has helped support a long CVS dividend history. Although, a few years back, the company froze its dividend.
Since, the share price has dropped and the dividend yield has climbed. So let’s review the business and the dividend history and safety. This can help determine if it’s a worthwhile investment.
CVS Business Overview
CVS Health is a $84 billion dollar business. The company is based out of Rhode Island and it has 290,000 employees. Last year CVS Health …read more […]

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Trading Ideas

Ford’s Stock Slump Under CEO Hackett Now Exceeds His Predecessor

(Bloomberg) — Ford Motor Co. stock has fallen further under Chief Executive Officer Jim Hackett than it did during the leadership of his predecessor, who was ousted by the company’s board.The automaker’s shares have declined 38% since Hackett became CEO in May 2017, replacing Mark Fields, who was pushed out by Ford directors unhappy with the direction of the company. During the 35-month tenure of Fields as CEO, Ford’s stock fell 37%.Hackett is under pressure to accelerate his $11 billion turnaround plan after a disastrous rollout of the redesigned Explorer SUV led to dismal earnings and a disappointing profit forecast. …read more […]

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Business News

Airlines face $100 billion-plus virus hit, discounts ‘wouldn’t do any good’

The coronavirus epidemic could rob passenger airlines of up to $113 billion in revenue this year, an industry body warned on Thursday, while the head of a large U.S. airline said the drop-off in travel demand seemed driven more by fear than economics, similar to what happened after the disasters of Sept. 11, 2001.

…read more […]

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Trading Ideas

4 Companies Set to Thrive During Coronavirus Shutdowns

Our mission here at Profit Trends is simple: “Opportunity first. Panic never.”
Every dark cloud has a silver lining… particularly in investing.
So while everyone else is panicking and doing their best Chicken Little impressions, we want to keep our heads and position ourselves for future gains.
That’s why today I’m going to share four investments with revenue growing at least 30%. But these businesses could be poised to jump even higher because of the coronavirus shutdowns.
First, let’s set the stage with what we know…
The Bad and the Ugly
It seems there will be no summer vacations this year.
International flights from the U.S. and …read more […]