No Picture
Trading Ideas

Oil industry sounds alarm on coronavirus dent in demand

Persistent damage to the global economy from the coronavirus pandemic will hollow out demand for oil more than previously thought, major industry figures said on Monday. OPEC said in its monthly report that world oil demand would fall by 9.46 million barrels per day (bpd) this year, a decline sharper by 400,000 bpd than predicted in August. The producer club bumped up its forecast slightly for developed countries, but cut its outlook for Asian countries beyond China “on the back of a slowdown in economic activity due to the rising COVID-19 infection cases”. …read more […]

No Picture
Trading Ideas

Pfizer Poised for Drop After 31% Rally Amid Covid Vaccine Push

(Bloomberg) — Pfizer Inc.’s $48 billion gain in market value since late March, egged on by optimism for a successful Covid-19 vaccine, may soon hit a wall.Among the top three developers, Pfizer may be first to reveal late-stage results from its trials of tens of thousands of people with partner BioNTech SE. And if history is any guide, the shares may eventually head lower no matter what the data show.Goldman Sachs Group Inc. calls it the vaccine trade — where daytrading generalist investors pile into stocks developing treatments and vaccines for the disease, then flee shortly after results or updates …read more […]

No Picture
Trading Ideas

Morgan Stanley: 2 Strong Value Stocks to Buy Now

Volatility is back on Wall Street. Following a meteoric rise, fears that valuations have grown too high have put pressure on stocks. With the upcoming presidential election, ongoing pandemic and flaring U.S.-China tensions only adding fuel to the fire, investors are trying to gauge where the market goes from here. Even though many economists believe the Fed’s low interest rate policy fueled the market’s historic five-month rally, Morgan Stanley’s chief cross-asset strategist Andrew Sheets is singing a different tune.Sheets argues that the market’s charge forward wasn’t necessarily driven by the Fed’s actions. Rather, the run-up came as a result of …read more […]

No Picture
Trading Ideas

Cheapest Stocks Under $1 on the Market

The cheapest stocks on the market always catch the eyes of young investors. It’s a great way to get your “foot in the door” so to speak. However, these cheap penny stocks come with a lot more risk than you can imagine.
So, why are stocks listed for such low prices? And what are the most intriguing penny stocks available? Let’s take a closer look below.

The Cheapest Stocks to Consider for Your Portfolio
The stock market in the long-term is nothing like gambling. This is a common misconception. Investing in stocks increases the overall wealth of Americans. Short-term trading or gambling, on …read more […]

No Picture
Trading Ideas

Box (BOX) Has Fallen 1% in Last One Year, Underperforms Market

If you are looking for the best ideas for your portfolio you may want to consider some of White Brook Capital’s top stock picks. White Brook Capital, an investment management firm, is bullish on Box Inc (NYSE:BOX) stock. In its Q2 2019 investor letter – you can download a copy here – the firm discussed […] …read more […]