Year: 2020

Pacific Gas & Electric’s plan for getting out of bankruptcy has won overwhelming support from the victims of deadly Northern California wildfires ignited by the utility’s fraying electrical grid, despite concerns that they will be shortchanged by a $13.5 billion fund that’s supposed to cover their losses. The backing of the wildfire victims keeps PG&E on track to meet a June 30 deadline to emerge from bankruptcy in time to qualify for a coverage from a California wildfire insurance fund created to help protect the utility from getting into financial trouble again. The current bankruptcy case, which began …read more […]

Swing trading is a style of stock trading that focuses on the medium term. It differs from trading that focuses on shorter duration like day trading and longer durations trend trading.
Swing trading also differs from long term investing. Each of these trading and investing styles have their own pros and cons.
Some investors believe that buying and holding longterm is the only viable trading strategy for beating the market over time. But many shorter term traders disagree.
In this article, we will take a look at what swing trading is and how to do it.

What Is Swing Trading
You can understand swing trading …read more […]

All eyes were on Moderna, which sparked a big rally on Wall Street after announcing promising early trial data of a coronavirus vaccine that is the furthest along among U.S. biotechs in the race. …read more […]

Stock market bears insist that the recent rally off the coronavirus crash makes no sense.
As Alexander Green explains today, most of them lack imagination or simply don’t understand how markets work – or both.

The majority of Americans have either never owned stocks or sold them in a panic during the last financial crisis.
They missed out entirely on the longest-running bull market in history, the one that began in March 2009 and ended in February of this year.
(The S&P 500 rose over 400% during the period. Our favorite stocks did considerably better.)
Millions more Americans have missed out on the latest bull …read more […]

Professor of Medicine at Yale and Director of The Yale New Haven Hospital Center for Outcomes Research and Evaluation Dr. Harlan Krumholz joins Yahoo Finance’s Seana Smith to discuss Moderna’s recent headway in early-stage coronavirus vaccine trial. …read more […]

J.C. Penney plans to close roughly 29% of its department stores as part of its bankruptcy. According to documents, 242 stores are slated to close. …read more […]