Year: 2020

Most readers would already be aware that WestRock’s (NYSE:WRK) stock increased significantly by 32% over the past… …read more […]

Are you new to the day trading game but can’t wait to get started? I don’t blame you. Day trading can be an exciting and profitable venture. However, it’s best for the rookie trader to keep some important day trading rules in mind so that you can make the most of your opportunities without losing your shirt!
As a refresher, day trading is different from investing. When you invest in a stock like Amazon.com (Nasdaq: AMZN), you are riding the stock for the long term. You may be holding the stock for years, or even decades. Not so with day trading: …read more […]

(Bloomberg) — Volkswagen AG’s Traton SE agreed to acquire the rest of Navistar International Corp. for $3.7 billion, securing a long-sought position in North America’s lucrative heavy-truck market.VW’s truck division will purchase the remainder of Navistar stock it doesn’t already own for $44.50 a share, according to a statement Friday. Navistar said earlier the transaction is supported by Carl Icahn, its largest shareholder, and MHR Fund Management, the hedge fund founded by Mark Rachesky.Navistar shares surged as much as 23% to $43.65 as of 12:45 p.m. Friday in New York. The stock slumped earlier this week after Traton put out …read more […]

From mid-May 2020 to mid-October, shares of Chinese electric vehicle-maker NIO Limited (NIO) have run up more than seven times in price — 733% to be precise. Recognizing his error in not recommending the stock earlier, JPMorgan’s Head of Asia Auto Research Nick Lai issued a mea culpa this week: “Admittedly, we missed the stock’s major rally YTD.”But better late than never.Even if Lai missed the last 733 percentage points worth of gains, he thinks there’s still time for investors to catch the next 44% profit, and for this reason, Lai has upgraded NIO shares to “overweight” with a $40 …read more […]

The financial expert says Americans stay poor because of these big money blunders. …read more […]

While there is some risk, the benefits of margin trading can outweigh the hazards. It’s a familiar tool for many investors. Because when used properly, it can offer a substantial boost to an active trader’s portfolio.

Margin trading gives access to additional investible capital. It’s essentially a line of credit – or loan – from a brokerage. It operates similarly to a home equity loan. Except in this case, instead of using the equity of a home as collateral, you can use cash or securities as collateral.
The amount of a home loan is determined by the value of the property. And …read more […]

Will Weatherford, Weatherford Capital Managing Partner and Former Speaker of the -Florida House joins Yahoo Finance with his market outlook as the presidential election in the U.S. approaches. …read more […]

Pfizer CEO Albert Bourla announced the company’s Covid-19 vaccine could be available by late November. Yahoo Finance’s Anjalee Khemlani weighs in …read more […]

It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that… …read more […]

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After passing one speed bump, is the market heading towards more bumps in the road? Following the September sell-off, there has been a surge in COVID-19 cases and limited progress on the next stimulus package. In addition, the likelihood of a Biden victory in the November elections increased.At the same time, however, the broader market has been ramping up, with the NYSE Cumulative Advance/Decline line reaching a record high and the percentage of SPX components trading above their 10-day moving averages landing at 93% for the first time since early April.Weighing in for Canaccord, strategist Tony Dwyer commented, “The strength …read more […]

(Bloomberg) — When President Donald Trump appeared on an NBC town hall Thursday evening, moderator Savannah Guthrie posed a question that has come up a lot over the past two weeks.“Who do you owe $421 million to,” Guthrie asked, citing a recent New York Times story on Trump’s tax returns that said the obligations will come due in the next four years.The idea that his creditors are a mystery became something of a meme in the wake of the newspaper report, which said that lenders often aren’t identified on tax returns.But the identities of Trump’s lenders have been known for …read more […]

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Yahoo Finance’s Alexis Christoforus and Anjalee Khemlani discuss Ffizer saying it should know if the COVID-19 vaccine works by the end of October. …read more […]

With so many brokerages out there, it can be hard to decide which one to use. About a year ago, I found out about the investing platform called Webull, and have been using it ever since. Today I’ll break down the platform for you in this comprehensive Webull review.

Getting Started
As with any brokerage platform, you’ll need to setup an account. This will require an email address or a mobile phone number to get started. After that you’ll need to fill out the application. Here’s what information you’ll need to provide:

Name (First, Middle and Last)
Age
Gender
Marital Status
Social Security Number
Country of Citizenship
Phone Number
Address

How …read more […]