Trading Ideas

BP said it had begun the process of evacuating personnel from offshore platforms and drilling rigs, while also beginning to shut-in production at its four operated platforms in the U.S. Gulf of Mexico, the Thunder Horse, Atlantis, Mad Dog and Na Kika. Meanwhile, Chevron said it was evacuating all personnel at its Big Foot, Genesis, Jack/St. Malo and Tahiiti platforms and initiating shut-in procedures. …read more […]

(Bloomberg) — Elon Musk promises a “giant contract” with the miner that can supply nickel for Tesla Inc. batteries at low cost with minimal environmental impact, yet the industry’s messy track record may make that deal difficult to clinch.Recent accidents such as a diesel spill in Arctic Russia and a burst waste pipeline in Papua New Guinea suggest the industry will struggle to meet Musk’s request for a large quantity of the metal produced in an “efficient” and “environmentally sensitive” way.As the world’s most-valuable carmaker extends manufacturing arms to China and Germany, its billionaire owner may have to rely increasingly …read more […]

DUBLIN, Aug. 21, 2020 /CNW/ — Endo International plc (the “Company”) (NASDAQ: ENDP) announced today the expiration and final tender results of the previously announced cash tender offer (the “Offer”) by its wholly owned subsidiary Endo Finance LLC (“Endo Finance”) for any and all of its outstanding 5. …read more […]

It’s a bearish start to the day for the majors. Failure to move through the day’s pivot levels would bring another day of heavy losses. …read more […]

We are apolitical in The War Room. Leave the politics at home!
Our mission is investing… in whatever will make us money.
However, we are not blind to the opportunities that politics and politicians can bring to the table!
And next week, one of those opportunities may arise at the Republican National Convention. We’re ahead of it in The War Room, and it’s something you may want to get in on as well.
President Trump at the Republican National Convention
Members are short the iShares China Large-Cap ETF (NYSE: FXI). Unless you have been living under a rock, you know that if there is one …read more […]

The consumer finance celeb says borrowers who do this make her “so crazy.” …read more […]

Yahoo Finance’s Jared Blikre joins Seana Smith to break down the day’s price action in stocks as well as a long in NortonLifeLock (NLOK), a Yahoo Finance Premium Investment Idea. Not a subscriber? Start your free trial to join future webinars live! …read more […]

Wall Street has been looking at Plug Power (PLUG) of late, and investors seem to like what they see. Shares of the fuel cell pioneer have risen on wild momentum and tremendous second-quarter results, soaring over 300% year-to-date.It also doesn’t hurt that Plug’s modus operandi is based in a very “now” trend. Expectations are high that hydrogen fuel-cell makers will be able to provide green energy to all sorts of places wind and solar power can’t access. Furthermore, it is anticipated the ESG (Environmental, Social and Governance) investing trend will only gather pace as the decade progresses.PLUG’s business is progressing, …read more […]

Bitcoin’s price is trending down while ether options traders expect bearish moves to come. …read more […]

(Bloomberg) — Days after Citigroup Inc. made headlines for accidentally sending $900 million to a group of lenders, a Bank of America Corp. customer in Massachusetts opened his account to find an even bigger cash infusion: $2.45 billion.But the money was never really there.“This was a display error and nothing more than that,” Bank of America spokesman Bill Halldin said. “It’s been corrected.”The customer, psychiatrist Blaise Aguirre, said he initially figured Bank of America would discover the error itself. When that didn’t happen, he reached out to his relationship manager to inquire about the mysterious money showing up on both …read more […]

On Friday, news released that the HHS would reverse its policy and have the hospitals send all their coronavirus data to the CDC instead of the White House. This comes as Pfizer and BioNTech released positive phase 1 vaccine data. Yahoo Finance’s Anjalee Khemlani breaks down the latest news about the coronavirus on The Final Round. …read more […]

(Bloomberg) — The Trump administration is privately seeking to reassure U.S. companies including Apple Inc. that they can still do business with the WeChat messaging app in China, according to several people familiar with the matter, two weeks after President Donald Trump ordered a U.S. ban on the Chinese-owned service.In recent days, senior administration officials have been reaching out to some companies, realizing that the impact of an all-out ban on the popular app, owned by China’s Tencent Holdings Ltd., could be devastating for U.S. technology, retail, gaming, telecommunications and other industries, people familiar with the discussions said.Apple is one …read more […]

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If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we’d… …read more […]

The benefits of blue chip stocks include the size, durability and stability of the underlying companies. Generally, blue chip stocks are the largest, most well-known and established stocks on the market.
As a result, people tend to trust blue chip stocks to bounce back after a bear market or economic downturn, based on the long-standing reputation of these companies.
But what are the benefits of blue chip stocks? Why should you invest in them? Should you invest in them at all? Read on – that’s what we’re discussing today.

Why Are They Called “Blue Chip” Stocks?
The benefits of blue chip stocks come from …read more […]