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This $19 Stock Continues to Print Money

Whether you want huge profits or pure entertainment… today’s Trade Talk Tuesdays video has it all.
You see, I’m coming to you on location – from my vacation spot in Nantucket.
So in the spirit of embracing the East Coast lifestyle…
Put on your boat shoes, pop your collar and see why this $19 stock should continue handing you fast profits.
With a pink shirt that’ll make anyone jealous, I’m bringing you my special Trade Talk Tuesdays -Nantucket edition!

For more insights on picks like this, join me in The War Room now!
The post This $19 Stock Continues to Print Money appeared first on Investment …read more […]

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As Apple Nears $2 Trillion, Its Share of S&P 500 Hits Milestone

(Bloomberg) — The world gawked two years ago when Apple Inc.’s market value crossed $1 trillion for the first time. But the feat was less noteworthy when viewed from another perspective: relative size.That’s because, even with a 13-digit price tag, Apple’s place among its peers in August 2018 wasn’t unprecedented — it had gotten bigger, but so had the whole market. As a result, its weighting in the S&P 500 remained comparable to past titans in their heyday, such as Exxon Mobil Corp. and IBM Corp.Almost $900 billion worth of market cap later, that’s changing: Apple’s stock market heft has …read more […]

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Market Turbulence Still to Come in 2020

On airplanes, they ask that you keep your seat belt fastened at all times, including when the fasten seat belt sign is turned off.
If the stock market were an airplane, it would be wise to follow that advice for the next several months.
The captain may not have turned on the seat belt sign yet, but things may get bumpy again.
In March, the stock market hit some of the worst turbulence that we have ever experienced.
Turbulence in the stock market means volatility. Volatility is measured by the VIX.
Officially, the VIX is known as the CBOE Volatility Index. More commonly, the VIX …read more […]

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Trump Versus Trump as President’s Son Opposes Alaska Mine Site

(Bloomberg) — Donald Trump Jr. took to Twitter on Tuesday to oppose a mining project in southwestern Alaska that his father’s administration has previously supported.Trump Jr. said he “100%” agreed with Vice President Mike Pence’s former chief-of-staff Nick Ayers in opposing the Pebble Mine, which has known deposits of copper, gold and other metals, saying that the nearby Bristol Bay and surrounding fishery are “too unique and fragile to take any chances with.”Less than two weeks ago the mine secured a final environmental impact review from the Army Corps of Engineers, boosting the prospects that Vancouver-based Northern Dynasty Minerals Ltd. …read more […]

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Twilio Dips on Slowing Sales View for Communications Tools

(Bloomberg) — Twilio Inc. projected sales in the current quarter that topped analysts’ estimates, but represented slowing growth, a sign that corporate demand for communications tools may ease as the economic toll from the pandemic continues.The software company has been among the sector’s biggest gainers during the coronavirus pandemic, with customers such as retailers using Twilio’s tools to facilitate curbside pickups and health care providers relying on the platform for telehealth services. Investors flocked to the stock, which has almost tripled this year.Sales will be as much as $406 million in the period that ends in September, the San Francisco-based …read more […]

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Novavax’s COVID-19 Vaccine Has an Edge Over Rivals, Says 5-Star Analyst

The coronavirus isn’t going away just yet. The number of cases in the US passed 4.5 million, bringing the total number of US deaths to 158K.The need for a vaccine could not be more profound. While the data is alarming, the good news is that with each passing day, a vaccine solution is closer to becoming a reality. There are several candidates in the race hoping to be first to market. B.Riley FBR analyst Mayank Mamtani believes Novavax’s (NVAX) vaccine candidate, NVX-CoV2373, could make its way from the back of the pack to the front.Mamtani said, “While acknowledging the 6-8 …read more […]

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Disney reports mixed Q3 earnings

Disney unexpectedly posted an adjusted profit per share where a loss had been expected, after the coronavirus pandemic hit the company in its most lucrative theme parks, media networks and studio film businesses. Myles Udland, Seana Smith, Dan Roberts, and Jared Blikre discuss on Final Round. …read more […]

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Oil Jumps as Lebanon Explosion Sparks Fears Over Instability

(Bloomberg) — Oil climbed to the highest level in nearly two weeks after an explosion at Lebanon’s main port rocked the capital Beirut, stoking fears over instability in the region.Footage showed what appeared to be a fire, followed by crackling lights and then a larger explosion as an enormous cloud of smoke engulfed the area around the Port of Beirut. Authorities say it was caused by highly explosive materials at the port, but didn’t immediately say whether it was an accident or an attack.Crude futures in New York clung to gains in after-market trading with the industry-funded American Petroleum Institute …read more […]

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Two Pot Stocks to Watch This Week

A fresh round of earnings beats triggered new highs in Big Tech.
The Nasdaq is rapidly closing in on 11,000 and is up 21.5% year to date.
We’ve preached here again and again that, in 2020, “tech is king.”
But another hot sector is about to dive headlong into the heart of earnings this week. And that means investors should be prepared for a new wave of volatility.
In fact, we’ve already witnessed some big pops and drops…
A Double Dose of Double-Digit Moves
Cannabis is on a tear.
Last week, I wrote that pot stocks have been blazing higher since their March lows. And cannabis company …read more […]

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Prudential Posts Second Straight Loss on Strain of Low Rates

(Bloomberg) — Prudential Financial Inc. posted a second-straight quarterly loss and said it expects low interest rates will continue to weigh on results.The life insurer posted a net loss of $2.41 billion, compared with net income of $708 million a year earlier. The loss was driven in part by a decline in the value of its derivatives holdings due to tightening credit spreads. Asset-management unit PGIM was a bright spot.Key InsightsPrudential is looking to weather a low-interest-rate environment by repricing and pivoting to less rate-sensitive products, it said in an earnings statement Tuesday. The company cut its long-term forecast for …read more […]