Trading Ideas

In the final leg of 2020, does the market have what it takes to reach a record high? If you ask J.P. Morgan, the answer is yes.According to strategist Dubravko Lakos-Bujas, the S&P 500’s earnings are bouncing back more quickly than expected thanks to the Federal Reserve’s accommodative monetary policy, global reopenings and long-term tech plays. He argues this earnings trend could power the index’s rally to a record 3,600, reflecting a 6% gain from current levels.Tech is the key here. Although the space has had a rough going recently, the strategist sees the latest pullback as “healthy,” noting that …read more […]

Many investors may be asking “what is forex trading?” Foreign exchange is known as forex, FX or currency trading. Forex trading is essentially a marketplace where you can trade currencies from different countries. You have probably heard of people making millions through currency trading and wondered how it works. Since the forex market’s trading volume tops $6.6 trillion per day, there is a huge potential to earn money if you know what you are doing.

What Is Forex Trading?
Imagine you own an oil tanker. After leaving the Middle East with a shipment of oil, you drop it off in the United …read more […]

(Bloomberg) — Bed Bath & Beyond Inc. shares soared to the highest level since April 2019 after the home-furnishings chain posted a surprise gain in quarterly sales, a sign investors are convinced that turnaround efforts are paying off ahead of the holiday season.Comparable-store sales, a key metric, rose 6% in the second quarter ended Aug. 29. Analysts had expected a decline of 1.3%, according to Consensus Metrix. Sales continued to increase last month, according to the company.“We see things are taking hold and those green shoots that developed in the quarter are turning into trends in September,” Chief Executive Officer …read more […]

Negotiations for coronavirus relief aid between the White House and House Democrats had stalled in large part over the price tag, with Democrats seeking $2.2 trillion and the White House staying firm at $1.5 trillion. Shares of American Airlines, United, Delta Air Lines , and Southwest Airlines were up between 1.3% and 2.8% in pre-market trading. U.S. airlines have been pleading for another $25 billion in support to protect jobs for a further six months after the previous package, which banned furloughs, expired at midnight Sept. 30. …read more […]

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VANCOUVER, BC, Oct. 1, 2020 /CNW/ – GoldMining Inc. …read more […]

Oasis Petroleum (NASDAQ: OAS) has filed voluntary petitions for reorganization under Chapter 11 of the United States Bankruptcy Code. …read more […]

Ford Motor Co’s new chief executive, Jim Farley, on Thursday promised the No. 2 U.S. automaker would move with urgency, in contrast to criticism his predecessor faced. Farley, on his first day as Ford’s 11th CEO, also announced an executive shake-up that included naming a new chief financial officer. Ford’s promise to accelerate its turnaround is not new at a time when it is executing on an $11 billion restructuring. …read more […]

* Received import licences from Australia and Germany * Submitted application for export licences with Health Canada * On track to commence commercialization in both markets in 2021TORONTO, Oct. 1, 2020 /CNW/ – The Green Organic Dutchman Holdings Ltd. …read more […]

The simplest way to invest in stocks is to buy exchange traded funds. But you can significantly boost your returns by… …read more […]

As big U.S. commercial banks close their books on the third quarter, analysts expect them to report a 30% to 60% plunge in profits on the year-ago period due to the pandemic-induced recession and near record low interest rates. Citigroup Inc and Wells Fargo & Co, the third- and fourth-biggest U.S. banks by assets respectively, will report net income down by about 60%, according to I/B/E/S analyst survey data from Refinitiv. Investment banks Goldman Sachs Group Inc and Morgan Stanley, which are benefitting from being more concentrated in the busy capital markets, are expected to report more modest …read more […]

SMITHS FALLS, ON and NEW YORK, Oct. 1, 2020 /CNW/ – Canopy Growth Corporation (“Canopy Growth”) (TSX:WEED) (NYSE:CGC) and Acreage Holdings, Inc. …read more […]

We looked at his chest. It was the best thing we ever saw.
It was moving.
A few seconds later, his eyes came back to life – first looking to the right and then coming around and locking in on our own.
It’s as if his big, wide eyes were asking the biggest question of their life.
“What happened?”
We went fly-fishing with a good pal and got much more than we expected. In one instant we were casting and chatting. In the next, we watched as he splashed lifeless into the water – one half of his face on the river’s muddy edge… the …read more […]

Palantir has attracted criticism for how it seeks to use its data-mining technology, but it’s not a new issue, says Jon Lonsdale, the company’s co-founder. …read more […]

When you buy shares in a company, it’s worth keeping in mind the possibility that it could fail, and you could lose… …read more […]