No Picture
Trading Ideas

Molson Coors (TAP) Dividend History and Safety

Molson Coors (NYSE: TAP) dividend yield has climbed with the recent market drop. Since the start of the year, it’s climbed from below 3% to over 5%. Now that we’ve likely entered a recession, many companies will see a decrease in sales. Although, alcohol stocks tend to do relatively well during a downturn.
Molson falls under the Consumer Staple Stocks category. If you’d like to, you can open that link to see 20 other stocks with reliable dividends. And today, we’re going to look at TAP dividend history. But first, let’s look at the company overview.
Molson Coors Business Overview
Molson Coors is …read more […]

No Picture
Trading Ideas

Should You Buy United States Steel Corporation (X)?

We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […] …read more […]

No Picture
Trading Ideas

Is Cedar Fair, L.P. (FUN) Going to Burn These Hedge Funds?

Coronavirus is probably the 1 concern in investors’ minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […] …read more […]

No Picture
Trading Ideas

Can Luckin Coffee Stock Recover from Accounting Fraud?

Luckin Coffee (Nasdaq: LK) may not be as well known in America as Starbucks (Nasdaq: SBUX). But in China, the “Little Blue Cup” as it is affectionately known there, is huge. Or should I say, it’s venti? But even in America, investors in Luckin Coffee stock know the brand well.
In fact, Luckin Coffee now has more coffee stores in China than Starbucks does by several hundred. And until this week, it may have seemed poised to dominate Starbucks as China’s coffee of choice for the foreseeable future.
But after some nasty headlines about accounting fraud at the company this past week, …read more […]

No Picture
Business News

Layoffs, closures to wipe out 6.7% of working hours worldwide in second quarter: ILO

Workplace disruptions caused by the COVID-19 pandemic are expected to wipe out labor equivalent to the effort of 195 million full-time workers, or 6.7% of hours clocked worldwide, in the second quarter of this year, the International Labour Organization (ILO) said on Tuesday.

…read more […]

No Picture
Trading Ideas

U.S. Slashes 2020 Oil-Output Forecast Ahead of OPEC+ Meeting

(Bloomberg) — The U.S. cut its 2020 oil production forecast by more than 1 million barrels a day, as collapsing crude prices and plummeting demand threaten to shutter production in the country’s biggest fields.Production is expected to average 11.76 million barrels a day through December, down from a previous forecast of 12.99 million barrels, the Energy Information Administration said on Tuesday. The agency also trimmed its 2021 output expectations by 1.6 million barrels a day to just over 11 million daily barrels.The report comes just days before OPEC, Russia and other producers meet to negotiate a round of coordinated output …read more […]