No Picture
Trading Ideas

Hit the Road for Higher Profits

Today I want to share a swing trade I recommended back in September.
The online retailer I recommended saw better-than-expected sales for the second quarter but still sold off sharply. Seeing the opportunity for a quick gain, I advised subscribers to buy the stock at market and suggested speculators consider the November $180 calls.
Ten days later, the stock jumped 35%… proving once again the power of short-term swing trading.

Click here to watch today’s video. And stay tuned for more swing trade recommendations.
Good investing,
Nicholas
For the latest news from Nicholas, connect on Facebook and Twitter …read more […]

No Picture
Trading Ideas

3 High-Yield Dividend Stocks Offering at Least 8%; Analysts Say ‘Buy’

America goes to the polls on Tuesday (well, actually, America has been early voting for a few weeks, now), and while Democrat Joe Biden has a solid lead in the polls, there is some of evidence that President Trump may still win a second term. Finally, with all of the early voting, mass absentee ballots, and possible extended counting deadlines, we might not know on Tuesday night who the winner is.It’s a situation made of uncertainty, and financial markets don’t like that. Which brings us to dividend stocks. Investors want a pad, something to protect their portfolio in case of …read more […]

No Picture
Trading Ideas

Boeing Borrowing $4.9 Billion on Heels of Cut to Cusp of Junk

(Bloomberg) — Boeing Co. is selling new bonds to help repay nearly $3 billion of debt, announcing the sale just minutes after a downgrade to the company’s credit rating.The planemaker is issuing $4.9 billion of unsecured notes in four parts, according to a person with knowledge of the matter. The debt sale was announced in a filing earlier Thursday, just minutes after Fitch Ratings put out a report cutting Boeing one notch to BBB-, the lowest investment-grade rating, with a negative outlook.The proceeds of the sale will help repay $2.8 billion of debt, which is either in the form of …read more […]

No Picture
Trading Ideas

Royal Caribbean sails further off course, posts rare negative revenue

Third-quarter revenue was negative $33.7 million, a rare event for an S&P 500 company, as it reversed previously recorded income from refunds and cancellations. “It’s been almost 7 months since we paused our cruise operations, and every single day has been extremely frustrating and challenging on so many levels,” Chief Executive Officer Richard Fain told analysts. To resume operation and stem the losses, the company and its peer Norwegian Cruise Line have submitted their recommendations, detailing health protocols, to the U.S. Centers for Disease Control and Prevention. …read more […]

No Picture
Trading Ideas

Cruise Lines Lobby Trump’s White House to End No-Sail Order

(Bloomberg) — The world’s biggest cruise lines have roughly doubled the number of lobbyists they’re dispatching to congressional offices and several federal agencies this year. But as they try to resume sailing from U.S. ports, one of their most effective targets has been the White House.A former adviser to the White House Coronavirus Task Force says she and other advisers fielded a stream of calls and emails from cruise line officials, including Carnival Corp.’s in-house lobbyist. Their message: Help lift a “no-sail” order from the U.S. Centers for Disease Control and Prevention that has banned passenger cruises from U.S. ports …read more […]

No Picture
Trading Ideas

Exxon to Cut 14,000 Jobs, 15% of Staff, to Defend Its Dividend

(Bloomberg) — Exxon Mobil Corp. will slash its global workforce by 15% over the next two years, an unprecedented culling by North America’s biggest oil explorer as it struggles to preserve dividends.The cuts will include 1,900 U.S. jobs, mostly in Houston, as well as an undisclosed number of positions around the world.“These actions will improve the company’s long-term cost competitiveness and ensure the company manages through the current unprecedented market conditions,” the company said in a statement on Thursday.Exxon’s total reduction will affect about 14,000 people, split between employees and contractors, spokesman Casey Norton said by phone. The figure includes …read more […]

No Picture
Trading Ideas

Were Hedge Funds Right About Getting Out Of Altria Group Inc (MO)?

Most investors tend to think that hedge funds and other asset managers are worthless, as they cannot beat even simple index fund portfolios. In fact, most people expect hedge funds to compete with and outperform the bull market that we have witnessed in recent years. However, hedge funds are generally partially hedged and aim at […] …read more […]