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Trading Ideas

San Francisco Tries to Rally Public to Buy Piece of PG&E

(Bloomberg) — Beset by fires, bankruptcy and blackouts, PG&E Corp. now faces a marketing campaign from government officials in its hometown bent on replacing the utility giant.San Francisco has launched the “Our City, Our Power” campaign to rally public support for buying PG&E’s local wires and taking over electricity service within the city. It includes a website asking residents to sign up in favor of the effort, arguing the city can provide better service.“Local control of the entire San Francisco electric system will provide increased affordability, safety, reliability and accountability,” Mayor London Breed said in a statement on the site.PG&E, …read more […]

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Trading Ideas

Dating Red Flags You Shouldn’t Ignore

Romance is in the air with Valentine’s Day just around the corner. And in addition to chocolates and roses, you should be on the lookout for scammers who take advantage of the lonely and brokenhearted.
Americans reported losing $143 million in romance schemes in 2018 – more than they lost to any other type of fraud, according to the Federal Trade Commission (FTC). The median reported loss was $2,600. For people over 70, it was $10,000.
But even those figures are probably low. Because of the embarrassment factor, it’s estimated that only 15% of victims report these schemes.
In just one case last …read more […]

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Business News

Transportation Department IG to audit FAA pilot training requirements after Boeing 737 MAX crashes

The U.S. Transportation Department’s Office of Inspector General said on Monday it will audit Federal Aviation Administration pilot training requirements for U.S. and foreign air carriers after two deadly crashes of Boeing’s 737 MAX.

…read more […]

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Trading Ideas

3 Cannabis Stocks Set to Shock the Market

While the stock market is still focused on the large Canadian cannabis LPs listed on major U.S. stock exchanges, several U.S. multi-state operators (MSOs) are set to shock the market with industry leading positions. These companies are set to combat the Canadians for the largest operations without the help of major investments or even Federal approval of cannabis.Both Canopy Growth and Aurora Cannabis, which grab the vast majority of investor headlines, are set to generate quarterly revenues in the $60 million to $80 million range for the December quarter. Yet, some of the MSOs are set to blow past these …read more […]

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Trading Ideas

Miss Tesla’s Pop? Catch Up Immediately With One Click

In the spirit of full disclosure…
I drive a Tesla Model S, but I do not own Tesla (Nasdaq: TSLA) stock.
However, while shares of Tesla were exploding over the last few weeks, I was still smiling.
Why?
Because I was still exposed to the explosive upside move using a cheap backdoor way to capitalize on the Tesla move – all for a fraction of the price.
And today I’m going to share this little gem with you.
Without exaggeration, this may be the most important Trade of the Day issue you’ll ever read – so please give me five minutes of your time so you …read more […]