No Picture
Trading Ideas

J.P. Morgan Says These 3 Stocks Will Surge Over 30% From Current Levels

Amid the recent surge of new COVID-19 cases, do stocks still have more room to climb? J.P. Morgan says yes. According to strategist Marko Kolanovic, who correctly called stocks’ March bottom, there are several reasons to remain squarely in the bull camp.First and foremost, he argues “positioning remains light around macro and systematic investors.” So, summer seasonality could “help the volatility spike continue to fade,” which means that investors may be looking to snap up shares as the summer continues. Additionally, the unprecedented stimulus brought about by the pandemic as well as the fact that the latest wave of COVID-19 …read more […]

No Picture
Trading Ideas

Tesla's Musk approaches a $1.8 billion bonanza

Fueled by stronger-than-expected car deliveries, shares of Tesla have surged over 40% in the past seven sessions, elevating the company’s market capitalization to $259 billion. More important for Musk’s personal finances, Tesla’s six-month average market capitalization has reached a record $138 billion. Hitting a six-month average market capitalization of $150 billion would trigger the vesting of the second of 12 tranches of options granted to the billionaire to buy Tesla stock as part of his 2018 pay package. …read more […]

No Picture
Trading Ideas

Were Hedge Funds Right About Piling Into Square, Inc. (SQ)?

At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. […] …read more […]

No Picture
Trading Ideas

Facebook and Mark Zuckerberg Disappoint Once Again

(Bloomberg Opinion) — Facebook Inc. still doesn’t get it.A widely anticipated meeting on Tuesday between the social media giant and the civil rights groups behind the recent Facebook ad boycott — including the Anti-Defamation League, NAACP and Color of Change — did not go well. The New York Times reported CEO Mark Zuckerberg and COO Sheryl Sandberg met for about an hour on a video-conference call, but offered little in terms of concessions related to their policies for managing content on their social networks.A negative response came swiftly. “It was abundantly clear in our meeting today that Mark Zuckerberg and …read more […]

No Picture
Trading Ideas

Needham: These 3 Penny Stocks Are Poised to Double (Or More)

Penny stocks, they divide the Street like no other. These names trading for less than $5 per share send some investors immediately running for the hills while others just can’t get enough of them. Nevertheless, regardless of their controversial nature, penny stocks certainly have pros and cons. One clear advantage is that the bargain price tags allow investors to get more bang for their buck. Additionally, because the shares are priced so low, even a small gain in value quickly translates to a hefty percentage gain in relation to the trading price. Of course, it’s wise to remember that there …read more […]

No Picture
Trading Ideas

What Are the Keys to Building Wealth?

The keys to building wealth may be simpler than you think. In fact, a few easy steps can put you on the right path to financial freedom.
Your path may be shorter or longer than others, but the goal is to create a plan and stick to it. Building wealth is somewhat of an art form, but there’s no secret to achieving a life full of prosperity.

5 Keys to Building Wealth
Does your income impact your ability to build wealth? Well, it certainly does. However, you can still save money as long as you have a steady job.
It may be a slower …read more […]