Articles by admin

No Picture
Trading Ideas

Visa's deal to buy fintech startup Plaid faces antitrust scrutiny: WSJ

October 27, 2020 admin Comments Off on Visa's deal to buy fintech startup Plaid faces antitrust scrutiny: WSJ

The Justice Department could decide soon whether it will sue to block the deal, the report said. The Justice Department is also preparing for potential litigation, including lining up witnesses for a trial, according to the WSJ report. Visa and the Department of Justice did not immediately respond to Reuters’ requests for comment. …read more […]

No Picture
Trading Ideas

What Swing Traders and Surfers Have in Common

October 27, 2020 admin Comments Off on What Swing Traders and Surfers Have in Common

“There are an infinite number of ways of making money in the market. It’s just that everyone has to find his own way.” – Van Tharp
Beginner investors look for the holy grail of making money in the stock market.
They search high and low for the one key that will unlock the secrets of profitable stock market investing.
Experienced investors do the opposite.
They know that there are many ways to make money in the market.
Consider the following…
You can make money in the markets by day trading. You spend your days glued to a computer screen, looking to make big short-term gains trading …read more […]

No Picture
Trading Ideas

Mercedes Rescues Aston Martin With Bigger Stake, Partnership

October 27, 2020 admin Comments Off on Mercedes Rescues Aston Martin With Bigger Stake, Partnership

(Bloomberg) — Daimler AG’s Mercedes-Benz is increasing its stake in struggling luxury-car maker Aston Martin Lagonda Global Holdings Plc as part of a series of moves by the British company to shore up its finances.Mercedes will boost its shareholding to as much as 20% in stages, the companies said while announcing an expanded technology partnership Tuesday. Aston Martin and its subsidiaries will raise a total of about 1.3 billion pounds ($1.7 billion) through new bond and stock offerings and by refinancing existing debt.Aston Martin has struggled in the two years since it went public with bloated inventory and poor sales …read more […]

No Picture
Trading Ideas

Sony seeing 'very considerable' PS5 demand ahead of launch

October 27, 2020 admin Comments Off on Sony seeing 'very considerable' PS5 demand ahead of launch

Sony Corp is seeing “very considerable” demand for its PlayStation 5 (PS5) console via pre-orders, its gaming chief said on Wednesday, as users rush to secure the next-generation device ahead of its Nov. 12 launch. “The demand as expressed by the level of pre-order has been has been very, very considerable,” Ryan told Reuters. The launch comes in the midst of the COVID-19 pandemic that has boosted gaming companies’ revenues but also disrupted retail networks, games development and manufacturing supply chains around the world. …read more […]

No Picture
Trading Ideas

David Einhorn Says Tech Stocks Are in an ‘Enormous’ Bubble

October 27, 2020 admin Comments Off on David Einhorn Says Tech Stocks Are in an ‘Enormous’ Bubble

(Bloomberg) — Technology stocks are in an “enormous” bubble, Greenlight Capital’s David Einhorn said in a letter to investors.“Our working hypothesis, which might be disproven, is that September 2, 2020 was the top and the bubble has already popped,” he wrote in the Oct. 27 note, seen by Bloomberg.Tech stocks have driven the market’s gain this year. The Nasdaq 100 Index is up 33% since Jan. 1, led by gains in Zoom Video Communications Inc. and Tesla Inc. By contrast, the S&P 500 has risen 5.3%.Einhorn points to “an IPO mania,” huge market concentration in a small group of stocks …read more […]