Month: April 2020

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Trading Ideas

JPMorgan: 3 Stocks That Could Climb Over 35%

April 14, 2020 admin Comments Off on JPMorgan: 3 Stocks That Could Climb Over 35%

Last week saw the strongest stock market gains in 46 years, as a bear market rally sparked a surge of opportunistic buying and investor confidence. Investors appear to have gotten used to the idea that times are bad right now; the shock has worn off, and traders are willing to buy again despite heightened risk.In a technical analysis report on recent trading, a JPMorgan team led by Jason Hunter, advised, “Key tactical support rests at 2350-2386. Breaks below would open the door for a more substantial retest of the Mar low. If that unfolds, we expect support in the 2100s …read more […]

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Business News

Debt levels expected to sharply increase in 2020, stabilize as economies recover: IMF

April 14, 2020 admin Comments Off on Debt levels expected to sharply increase in 2020, stabilize as economies recover: IMF

Global debt is expected to increase significantly over the next year, the top economist of the International Monetary Fund said on Tuesday, while moratoriums on debt payments and debt restructuring may need to be continued as the world economy emerges from the coronavirus pandemic lockdown.

…read more […]

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Trading Ideas

RBC: 3 Big 8% Dividend Stocks With Massive Upside Potential

April 14, 2020 admin Comments Off on RBC: 3 Big 8% Dividend Stocks With Massive Upside Potential

All the news right now is about the coronavirus and its effect on the economy – and rightly so. The damage – from lockdowns, quarantines, trade and travel restrictions – is unprecedented. US unemployment claims have rocketed in recent weeks, and government data indicates that between 14 and 17 million Americans are unemployed due to the shutdowns. There is no longer any question about hitting a recession – it’s here. What matters now is, how deep will it go, how long will it last, and how steeply will it recover.Stock markets plummeted when the lockdowns began, but last week was …read more […]

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Trading Ideas

Delta absorbs order for 10 Airbus A350 jets cancelled by Latam: sources

April 14, 2020 admin Comments Off on Delta absorbs order for 10 Airbus A350 jets cancelled by Latam: sources

Delta Air Lines has taken over an order worth roughly $3 billion at list prices for 10 Airbus A350 jetliners from Latam Airlines Group ), two industry sources said. Airbus announced the cancellation of 10 A350 aircraft in a monthly order update last week. Industry sources said the order for the 10 planes had been transferred to Delta under plans anticipated when the two carriers forged an alliance in 2019. …read more […]