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Trading Ideas

Tesla short sellers raked in $1 billion after Elon Musk revealed his personal struggles in an eye-opening interview (TSLA)

Tesla short sellers received a sizable payday hours after The New York Times published an eye-opening interview with an emotional Elon Musk, the electric-car company’s chief executive. Investors betting against Tesla raked in about $1 billion on Friday, according to data from the analytics firm S3 Partners. The Times’ interview with Musk came out late Thursday night. …read more […]

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Trading Ideas

Market report: Fresh sanctions threat from US knocks recovery of Turkish lira

Rattled markets ended a rollercoaster week on the back foot after the Turkish lira’s recovery suffered a setback with tensions mounting with the US. US treasury secretary Steven Mnuchin warned the country will turn up the heat on under-fire president Recep Tayyip Erdogan by imposing more crippling sanctions if Turkey refuses to free American pastor Andrew Brunson. The row is likely to escalate in the coming days after a court in the Turkish city of Izmir decided to reject an appeal for release by Mr Brunson. The lira started trading brightly, rallying for a fourth consecutive day, before it slipped …read more […]

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Trading Ideas

Why Analysts Are Wrong About Ford Stock

Currently, it appears that one of the worst calls I’ve made here at InvestorPlace was telling you to buy Ford (NYSE:F). If you feel badly about it, I feel worse, because I did indeed buy Ford stock. Ford made a profit of $1.06 billion on those sales, enough to pay the 15-cent-per-share dividend with room to spare. …read more […]

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Business News

Turkey’s lira falls 3 percent, Trump won’t take pastor’s detention ‘sitting down’

Turkey’s battered lira weakened 3 percent on Friday after a Turkish court rejected an American pastor’s appeal for release, drawing a stiff rebuke from President Donald Trump, who said the United States would not take the detention “sitting down”.

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Trading Ideas

5 Top Stock Trades for Monday — Where to Buy Nvidia, Nordstrom

After a big rally on Thursday, stocks again added to their gains on Friday on optimism over global trade resolutions between the U.S. and China by year’s end. Even before that news came out though, there were plenty of big movers. Here are our top stock trades for Monday.Top Stock Trades for Monday #1: Tesla …read more […]