Year: 2020

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Trading Ideas

We Bought This 5G Stock at the Market Bottom – Did You?

April 18, 2020 admin Comments Off on We Bought This 5G Stock at the Market Bottom – Did You?

On March 23, when the market hit what appeared to be the bottom, I made the call to buy Inseego (Nasdaq: INSG), the maker of 5G equipment for the home. It was trading in the $4 range. It’s arguably been the best performer in the market since, hitting $13 this week – just three weeks later.
Look how War Room members made out on the trade…
“If it wasnt for KR, I wouldn’t have have gotten in when it was briefly below $4/share! The covered call play on INSG was additional whip cream on top!” – Song on April 17 at 10:20 …read more […]

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Trading Ideas

Why Discount Carriers Like Spirit and Frontier May Come Up Short in the U.S. Airline Bailout

April 17, 2020 admin Comments Off on Why Discount Carriers Like Spirit and Frontier May Come Up Short in the U.S. Airline Bailout

U.S. travelers spent much of the last decade complaining about discount airlines that charged low fares but bombarded consumers with fees. Now the U.S. government may be pushing at least two prominent ultra-low-cost-carriers — Frontier Airlines and Spirit Airlines — into financial purgatory, though perhaps not on purpose. The CARES Act signed last month by […] …read more […]