Articles by admin

(Bloomberg Opinion) — Remember negative oil prices and the fear that every storage tank on the planet would get filled to the brim? That seems a long time ago, with West Texas Intermediate crude now hitting $40 a barrel and the buildup of stockpiles poised to go into reverse. The warning sent by that trip below zero was heeded. Oil production was slashed and the crisis averted.But if you were hoping for a quick, V-shaped recovery in oil demand, look away now.The International Energy Agency published its latest oil market outlook last week, pushing its quarterly forecast out to the …read more […]

The scary news is that a bad announcement regarding COVID-19 from just one company like Apple can kill a rally and reverse the market lower. …read more […]

None of the $2.1 billion missing from scandal-hit German payments firm Wirecard AG appears to have entered the Philippine financial system, the central bank said on Sunday. Bangko Sentral ng Pilipinas Governor Benjamin Diokno said in a statement the Southeast Asian country’s biggest lenders, BDO Unibank and Bank of the Philippine Islands , suffered no losses, despite having been named in connection with the missing funds. The chief executive of Wirecard, Markus Braun, who built the company into one of the hottest financial technology investments in Europe and a rare tech champion for Germany, quit on …read more […]

The Dow closed higher last week, but also settled lower three out of five trading sessions. …read more […]

And no, it has nothing to do with avoiding traditional IRAs or 401(k)s. …read more […]

The upside momentum is likely to continue to rise over the near-term if buyers can sustain a move over $1728.70. …read more […]

While oil price downturns typically create the perfect environment for major mergers and acquisitions, this time may be different …read more […]

(Bloomberg) — PG&E Corp. won final approval of its bankruptcy plan, clearing the way for the California utility giant to emerge from one of the darkest chapters of its history.U.S. Bankruptcy Judge Dennis Montali issued an order Saturday confirming PG&E’s Chapter 11 plan that will cover billions of dollars in damage claims stemming from catastrophic wildfires linked to the company’s equipment. The judge said in an earlier written decision that he planned to approve the turnaround proposal because the alternative would leave tens of thousands of fire survivors with “no other options on the horizon.”PG&E needed the judge to sign …read more […]

* This weekend’s Barron’s cover story at the high cost of income inequality. * Other featured articles look to play the growing tech divide, industrials for the recovery and biotech’s next big run-up. * Also, the prospects for COVID-19 stocks, a boat maker, REITs and more.Cover story “The High Cost of Income Inequality” by Reshma Kapadia suggests that, for stockpickers who always consider long-term trends, it is time to look at economic inequality. What’s in store for the likes of Nike Inc (NYSE: NKE) and Tesla Inc (NASDAQ: TSLA)?Eric J. Savitz’s “How to Profit From the Growing Divide …read more […]

* Benzinga has examined the prospects for many investor favorite stocks over the past week. * This week’s bullish calls included the iPhone maker and an e-commerce giant. * An electric vehicle manufacturer and a steel colossus were among the bearish calls.The main U.S. indexes ended the week higher, led by the Nasdaq’s 3.7% gain. It was a week in which the Federal Reserve began buying corporate bonds for the first time; major corporations responded to social unrest; the Supreme Court issued decisions; and coronavirus cases were rising rapidly in parts of the U.S. While tensions increased …read more […]

This is not your grandmother’s IRA.
In Marc’s latest State of the Market video – which aired on Wealthy Retirement‘s YouTube channel yesterday – he addressed a common misconception that costs too many seniors in retirement…
That diligent savers who want to secure wealth in their golden years don’t have the time to waste on bond investing.
In fact, nothing could be further from the truth.
True, bonds are not the James Dean of the market. They won’t often get your adrenaline pumping like fast-paced options trading…
But they won’t cause inexperienced traders the same gut-wrenching losses, either.
And if you ask readers of Marc’s Oxford …read more […]

It is very likely that Gold has rallied to these current levels as a “global hedge against risk” and that Silver has been overlooked as a secondary asset. …read more […]

Why the Mercedes-Benz AMG G 63 is the ultimate SUV for self-isolation. …read more […]

Market forces rained on the parade of Heat Biologics, Inc. (NASDAQ:HTBX) shareholders today, when the analysts… …read more […]

(Bloomberg) — The Trump administration, following a backlash, said it would release details about companies that received loans of $150,000 or more from a coronavirus relief program for small businesses.Treasury Secretary Steven Mnuchin said last week the firms that got billions of dollars in taxpayer-funded aid wouldn’t be disclosed, sparking fury from Democrats and others. In a joint statement on Friday night, the Treasury Department and the Small Business Administration said the company names, addresses, demographic data and other information would be disclosed in five ranges — starting with $150,000 to $350,000, and going up to between $5 million and …read more […]