Trading Ideas
Year: 2020
Business News
Asian stocks set to fall on growing second virus wave fears
Asian equities and oil prices were set to slip on Tuesday amid growing investor worries about a second wave of coronavirus infections after the Chinese city where the pandemic originated reported its first new cases since its lockdown was lifted.
Business News
Bitcoin goes through third ‘halving’, falls vs U.S. dollar
Bitcoin slid on Monday in volatile trading, after it went through a technical adjustment that reduced the rate at which new coins are created, but the outlook remained upbeat as the increase in supply slows down.
Trading Ideas
Musk Reopens Tesla’s Plant, Dares Authorities to Arrest Him
(Bloomberg) — Elon Musk restarted production at Tesla Inc.’s only U.S. car plant, flouting county officials who ordered the company to stay closed and openly acknowledging he was risking arrest for himself and his employees.“I will be on the line with everyone else,” the chief executive officer said in a tweet Monday. “If anyone is arrested, I ask that it only be me.”After fending off a potentially costly defamation lawsuit and emerging with mild consequences from a court battle with the Securities and Exchange Commission last year, Musk, 48, seems emboldened to again try his luck with the law. The …read more […]
Trading Ideas
Business News
Trump ‘not interested’ in reopening U.S.-China trade deal after report of Beijing discontent
U.S. President Donald Trump said on Monday he opposed renegotiating the U.S.-China “Phase 1” trade deal after a Chinese state-run newspaper reported some government advisers in Beijing were urging fresh talks and possibly invalidating the agreement.
Trading Ideas
Shale Drillers Are Already Reopening Wells, Pipe Giant Says
(Bloomberg) — Some drillers in the biggest North American oil field are reopening wells shut in response to the pandemic-driven price collapse, according to pipeline giant Energy Transfer LP.In the Permian Basin’s Midland region, about 8% of oil volumes that feed Energy Transfer’s pipe network had been shut at the start of the month, Mackie McCrea, the company’s chief commercial officer, said during a conference call on Monday.“As of today, we’ve seen about 25% of that turned back on,” McCrea said.The reopening of wells shut for as little as a few weeks may undermine U.S. President Donald Trump’s pledge to …read more […]
Trading Ideas
Business News
United to notify flyers about full flights after social media backlash
United Airlines Holdings Inc said on Monday that starting next week it will notify passengers ahead of time if their flight is expected to be “closer to full capacity,” allowing them to re-book on a different flight or receive a travel credit.
Business News
Shut casinos hit Caesars as COVID-19 puts gambling industry in survival mode
Caesars Entertainment Corp missed quarterly revenue estimates on Monday as it shuttered its casinos amid nationwide lockdowns to contain the spread of the COVID-19 pandemic.
Trading Ideas
Stock market news live updates: Stock futures flat, with states' reopening plans in focus
Stock futures were flat to slightly higher as the overnight session kicked off Monday, as investors continued to eye states’ reopening plans and mulled recent corporate earnings results. …read more […]
Trading Ideas
To Be a Successful Investor, Go Against the Crowd
There’s an upside to the coronavirus pandemic…
We now have more time to bury our noses in books!
The mandatory stay-at-home orders from this pandemic have given us the opportunity to refine our skills and explore new passions.
Many of us are going to rejoin the post-pandemic society as masters of bread making, Tik-Tok dances and whistling.
But this is also a perfect time to hone our wealth-building skills.
William Thorndike’s The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success wasn’t a runaway bestseller when it was first released. But it has become a must-read for entrepreneurs and investors.
In the decade since …read more […]
Trading Ideas
Our Next Lockdown Winner – Now Revealed
As I’m sure you know, we’ve given you a long list of pandemic winners here in Trade of the Day…
War Room members started by getting into Clorox before anyone else…
They were some of the first to move into Teladoc Healthand Zoom…
Followed by HormelFoods, Flir Systems, AMC Entertainment, Bloomin’ Brands, Bed Bath & Beyond, Pfizer, Ulta Beauty and Tilray.
The point is…
Throughout this lockdown pandemic, Karim and I have successfully navigated members through this market volatility with extreme precision – and tremendous profitability.
And today, with my newest pick, I have every intention of keeping that trend going…
You see, one new stay-at-home position …read more […]
Business News
Tesla’s Musk says ready for arrest as he reopens California plant against local order
Tesla Inc Chief Executive Elon Musk on Monday said production was resuming at the company’s primary vehicle factory in California and asked to be the only one arrested as he defied local officials who said the plant should remain closed to curb the spread of the coronavirus.
Business News
Potbelly settlement with activists includes twist: stock, not cash, for outlays
Sandwich maker Potbelly Corp on Monday promised to reimburse activist shareholders’ expenses with stock not cash, creating a situation that lawyers call an outlier for now but which they said could find traction in tough economic times.