Trading Ideas

Investors will be monitoring the recent spike in coronavirus cases, the U.S. housing market and Nike earnings in the week ahead. …read more […]

(Bloomberg) — American Airlines Group Inc. is seeking to raise about $1.5 billion by selling shares and convertible notes, according to people with knowledge of the matter, as it shores up liquidity after months of travel disruption from the coronavirus pandemic.The carrier, which has been gauging demand from potential investors over the weekend, could announce the offering as early as Sunday, the people said, asking not to be identified because the information is private. Deliberations are ongoing, and the timing and details of any deal could change, they said.A representative for American declined to comment.Fort Worth, Texas-based American is also …read more […]

(Bloomberg) — Wirecard AG’s former boss Markus Braun is unwinding a large portion of the shares he owns in the embattled payments processor, a stake he financed by borrowing against the stock’s value, according to a person familiar with the matter.Former Chief Executive Officer Braun, who held 7% of Wirecard’s shares to rank as the company’s biggest shareholder, had funded his purchase through a 150 million-euro margin loan that was secured by the value of the underlying stock. Wirecard’s shares plunged 72% last week after billions in cash went missing, triggering a liquidation of the shares Braun had pledged as …read more […]

A lot has changed in the world over the past few months, but you wouldn’t know it from the stock market. The NASDAQ, for example, is up 11% year-to-date and recently set a new all time high. However, when it comes to dividend stocks things have definitely changed. This is due to the impact of COVID-19, which caused several companies to slash their dividends to conserve cash leaving investors in shock. Now more than ever, before jumping into a dividend stock it is prudent to carefully examine how safe it is.With this in mind, we looked for dividend stocks with …read more […]

I read your article on Nikola and Tesla in which you brought up some very good points concerning bloated valuations, thank you for that. However, I wanted to point out a few things you seemed to ignore. Nikola Corporation vs Tesla Inc Valuation First, you made Tesla look like it has a realistic value attached to it […] …read more […]

Spotify is expanding its podcast empire by signing exclusive deals with Kim Kardashian West & DC Comics, among others. …read more […]

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(Bloomberg) — None of Wirecard AG’s missing $2.1 billion of cash entered the Philippine financial system, according to the nation’s central bank Governor Benjamin Diokno, after two of its major lenders denied holding funds for the German payments processor.BDO Unibank Inc., the country’s biggest bank, and Bank of the Philippine Islands, said on Friday that they didn’t have a relationship with Wirecard and that rogue employees falsified documents that indicated the presence of some funds.“The initial report is that no money entered the Philippines and that there is no loss to both banks,” Diokno said in a mobile-phone message to …read more […]

After a prolonged bull rally, volatility once again rules the markets. The S&P 500 finished the week in the green, but Friday June 19’s session saw dramatic swings due to technical factors as well as alarming headlines related to a COVID-19 resurgence and a slowdown in the economic recovery. Against this backdrop, what investors want, what will really bring back the animal spirits of the marketplace, is long-term stability. They aren’t looking to day trade; they are looking to park their money and watch it grow. Fiscal stimulus policies have pushed interest rates down to near zero. Treasury bonds …read more […]

‘Potential COVID-19 treatments, improvement in economic data, and more fiscal stimulus could push the S&P; 500 closer to an upside case scenario of 3,384,’ director of equity portfolio and technical strategy at Raymond James noted. …read more […]

(Bloomberg) — Every day, traders in London congregate at 4 p.m. to buy and sell North Sea oil for half an hour. The window, as it’s known in the industry, is where competition between the most powerful players in the market sets the price of Brent crude.Two months ago, every trader wanted to sell cargoes and none were keen to buy. Now the window has transformed into a bull market, where bids outnumber offers 10 to one and prices are surging.“The physical market is strong,” said Ben Luckock, co-head of oil trading at Trafigura Group.The turnaround reflects the most torrid …read more […]

(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 […]