Trading Ideas
Articles by admin
Business News
Two Tesla employees test positive for coronavirus: Business Insider
Two employees of Tesla Inc have tested positive for coronavirus, Business Insider reported on Thursday, citing an internal email.
Trading Ideas
Is PG&E Corporation (PCG) A Good Stock To Buy?
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […] …read more […]
Business News
Exclusive: Cirque du Soleil explores options including bankruptcy – sources
Cirque du Soleil Entertainment Group is exploring debt restructuring options that include a potential bankruptcy filing, after it was forced to cancel shows because of the coronavirus outbreak, people familiar with the matter said.
Business News
Federal Reserve gives small banks more time to file March financial statements
The Federal Reserve announced Thursday it was giving small U.S. banks another month to file financial statements due at the end of March.
Business News
Pelosi expects bipartisan House vote for $2 trillion coronavirus bill Friday
U.S. House Speaker Nancy Pelosi said she expected the chamber to pass an estimated $2.2 trillion coronavirus relief bill when it meets on Friday, after the Senate overwhelmingly approved the unprecedented economic rescue legislation Wednesday evening.
Business News
Virtual tours, coronavirus clauses: Pandemic upends homebuying across the U.S.
Prospective buyers arriving at Betsy and Eric Melby’s house for sale in Memphis, Tennessee, last week were greeted by a large pump bottle of hand sanitizer and a box of disposable gloves.
Trading Ideas
Zoom Technology shares suspended
Zoom Technologies shares were suspended through April 8th, after the stock was confused with Zoom Video. Yahoo Finance’s Julie Hyman breaks down the news. …read more […]
Trading Ideas
What We Think Of Frontline Ltd.’s (NYSE:FRO) Investment Potential
Today we are going to look at Frontline Ltd. (NYSE:FRO) to see whether it might be an attractive investment prospect… …read more […]
Business News
U.S. weekly jobless claims soar to record 3.28 million
The number of Americans filing claims for unemployment benefits surged to a record of more than 3 million last week as strict measures to contain the coronavirus pandemic brought the country to a sudden halt, unleashing a wave of layoffs that likely ended the longest employment boom in U.S. history.
Business News
Morgan Stanley promises no job cuts in 2020 as coronavirus crisis grows
Morgan Stanley on Thursday pledged to not cut any jobs this year, according to a memo seen by Reuters, as the Wall Street bank sought to reassure employees worried about their jobs during the coronavirus pandemic.
Trading Ideas
Stocks rally despite record jobless claims
Yahoo Finance’s Jared Blikre joins the On The Move panel to discuss the latest market action. …read more […]
Business News
Wall Street rallies as job losses stir talk of more stimulus
Wall Street surged on Thursday as record weekly jobless claims came in below investors’ worst fears, making a case for more aggressive stimulus to aid businesses and families wrecked by the economic fallout of the coronavirus pandemic.
Trading Ideas
Technically Speaking, the Dow Just Rocketed Out of a Bear Market
(Bloomberg) — As ridiculous as it sounds, the Dow Jones Industrial Average just climbed out of the bear market it entered two weeks ago.It’s a development that speaks to the tenuousness of market conventions in times of extreme volatility. The biggest rally since 1933 helped push the gauge up the requisite 20% from the low it hit Monday, meeting one time-honored definition of a bull market.Right now, it’s a milestone only a statistician could love given the index remains almost 25% below the record high it touched on Feb. 12 — though that doesn’t mean it won’t keep going.While weird, …read more […]
Business News
Deutsche Bank studies state aid for staff in coronavirus crisis
Deutsche Bank is for the first time considering asking its German staff to cut their hours and take government money instead as it tries to navigate the coronavirus crisis.