Articles by admin

Legendary fund manager Li Lu (who Charlie Munger backed) once said, ‘The biggest investment risk is not the volatility… …read more […]

The former editor-in-chief of Time Inc.
explains why the stock market continues to thrive in spite of all the apocalyptic events unfolding in the U.S. on an hourly basis. …read more […]

Readers hoping to buy Bristol-Myers Squibb Company (NYSE:BMY) for its dividend will need to make their move shortly… …read more […]

SPAC investing is becoming increasingly popular. As more companies choose this method of going public, more investors are curious about investing in SPACs. Let’s take a look at what it is and how SPAC investments work.
What is a SPAC?

A SPAC is a special purpose acquisition company. Also known as blank-check companies, these companies have no business operations. The company is formed to raise funds in an initial public offering (IPO). It then uses the funds to acquire a private company, effectively bringing it to the public market.
SPACs are usually formed by investors with knowledge and experience in a particular industry …read more […]

On January 9, 1943, two days after Nikola Tesla died destitute in a New York City hotel, the FBI called MIT professor and esteemed electrical engineer, John G. Trump, to determine if any of the belongings in the inventor’s estate. …read more […]

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The confirmation of the closing price reversal bottom and the strong close on Friday are reasons to believe traders will be going after 11222.00. …read more […]

Federal Aviation Administration (FAA) Chief Steve Dickson is set to conduct an evaluation flight at the controls of a Boeing 737 MAX next week, a key milestone as the U.S. planemaker works to win approval to resume flights, the agency told lawmakers. The Boeing 737 MAX has been grounded since March 2019 after two fatal crashes killed 346 people. Dickson, who was previously a commercial airline pilot, plans to undergo simulator training before the flight and will then share his observations with FAA technical staff. …read more […]

With NBCUniversal recently joining Roku’s platform, Needham analyst Laura Martin highlights a number of reasons Roku could see upside revenue potential from the deal with any new viewers to its home page ad inventory. The Final Round discusses. …read more […]

(Bloomberg) — A federal judge scheduled an unusual Sunday morning hearing to decide whether the U.S. can go through with its ban on the video-sharing app TikTok.ByteDance Ltd., TikTok’s Chinese owner, has asked the court to block the ban, set to begin on Sunday night, even as it pursues approvals from the government for the sale of a stake in its U.S. operations to Oracle Corp. and Walmart Inc. under pressure from President Donald Trump.Trump cited national security last month in announcing a ban on the widely used network from U.S. app stores. The president, who has also barred WeChat, …read more […]

With the NBA finals on fire and the NFL picking back up, DraftKings (Nasdaq: DKNG) is killing it.
Back on July 9, right here in Trade of the Day, I broke down exactly why and how you should build a position in DraftKings.
Here’s what I said…
But there are more blue skies ahead for DraftKings. Right now, the shares are trading lower based on the lack of clarity about when pro sports and the fantasy leagues that accompany them will get in gear. The COVID-19 pandemic is making things much harder to predict. And Wall Street hates uncertainty. However, that uncertainty provides …read more […]

(Bloomberg) — American Airlines Group Inc. closed a $5.48 billion loan with the U.S. Treasury, increasing its pool of cash to help fund operations until travel demand begins to return.The credit facility, backed by American’s loyalty program, increased from an original $4.75 billion target after rivals such as Delta Air Lines Inc. and Southwest Airlines Co. opted out of the funds and the remaining money was reallocated. American could receive as much as $2 billion more when the funds are adjusted a second time next month, according to a regulatory filing Friday.The deal makes American the first major carrier to …read more […]

(Bloomberg) — Ray Dalio used the latest installment of his ongoing series on the changing world order to identify clear red lines that, if crossed, could result in a deadly war between China and the U.S., but the real enemy in the conflict may lie within.“Our greatest war is with ourselves because we have the most control over how strong or weak we are,” the billionaire founder of Bridgewater Associates wrote in the essay published on LinkedIn. “The internal wars and challenges in both China and the US are more important and bigger than external wars and challenges.”While Dalio doesn’t …read more […]

Before I started working at Wealthy Retirement‘s publisher, The Oxford Club, I knew some of the basics of finance.
I’ve always been good at sticking to a budget and hypercautious about taking on debt. Prior to starting at the Club, I was taking full advantage of employer 401(k) matching and was aggressively paying down my student loans.
In other words, I considered myself pretty savvy in terms of personal finance.
But within a year of joining The Oxford Club, I heard a presentation about optimizing your 401(k) by then-Editorial Director Andy Snyder (now the founder of Manward Press) that humbled me…
And it opened …read more […]

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