Trading Ideas

This past Friday we got our first hint of the route our economic recovery from coronavirus may take – and the news was unequivocally good. Despite an uneven reopening, with some states all in and others continuing their lockdowns, the May jobs report showed the largest surge in employment in the survey’s history.As the recovery proceeds, investors have to find the right stocks to take advantage of the jump in the market. TipRanks has the data tools to bring clarity from the market conditions – especially the Smart Score tool. Building on eight separate factors, the Smart Score collates all …read more […]

Are you interested in investing in Nikola stock as the company’s shares begin to surge? Nikola Corporation (Nasdaq: NKLA) is making headlines as a possible competitor to Tesla (Nasdaq: TSLA). But, can the electrical vehicle company keep up with Elon Musk?
Nikola’s shares were up over 60% on Monday, June 8th. As a result, the excitement levels began to rise for investors across the country. The question is, what started the surge in the first place?

Investing in Nikola Stock is on the Rise
So, why did Nikola stock begin to skyrocket? It’s actually a pretty straightforward answer. Nikola founder Trevor Milton announced …read more […]

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The specialty jeweler lost more than $291 million during the coronavirus shutdown. …read more […]

Tesla Inc.’s (TSLA) CEO billionaire Elon Musk disclosed that its Model Y is facing production and supply chain issues after production at its main Fremont auto plant was resumed last month.According to a leaked e-mail to employees seen by Electrek, the ramp up of Model Y production capacity to pre-Covid 19 levels is expected to take a while.“It is extremely important for us to ramp up Model Y production and minimize rectification needs,” Musk wrote in the email. “I want you to know that it really makes a difference to Tesla right now.”The vehicle maker was given a green light …read more […]

Popular ‘athleisure’ retailer Lululemon (LULU) is gearing up to report its earnings results this Thursday, and ahead of this key date analysts are busy ramping up their price targets and reiterating their bullish calls.Shares in LULU are currently trading up 36% year-to-date, which means that RBC Capital’s new $360 price target indicates upside potential of 14%. RBC analyst Kate Fitzsimons bumped up her price target from $225 previously, citing updated productivity assumptions and earnings snapback into 2021/22E.“We expect investors to look past 1Q numbers and focus on commentary on digital momentum, productivity in reopened stores/regions including China, and longer-term growth …read more […]

Tailored Brands Inc., (TLRD) is reportedly mulling to file for bankruptcy proceedings as demand for new suits stalled during the coronavirus lockdown period which ordered most office workers to stay at home.The stock declined 1.2% to $1.66 in pre-market trading after dropping 9% on Monday.According to a Bloomberg report, the retailer and its advisers are approaching interested parties about restructuring its debts of more than $1 billion. One scenario is a Chapter 11 filing, which would allow Tailored Brands to keep some of its stores operating while other weaker locations would close down to satisfy its creditors.At the same time, …read more […]

Refineries from India to South Korea are expected to increase output from June, joining their Chinese counterparts as the easing of lockdown measures boosts demand for oil products, industry executives said. The average operating rate for refineries in Asia is expected to rise to 75.5% and 82.2% in the third and fourth quarters, respectively, from 72.4% in the second quarter out of total capacity of about 35 million barrels per day, according to energy consultancy FGE. Refineries in countries such as India, South Korea, Japan, and Thailand are also expected to pick up the pace of processing the …read more […]

Stocks futures fell Tuesday morning, following global equities lower and pausing after a solid rally over the past several sessions. …read more […]

Eminent domain has two rules.
First, the public (government) taking of private property must be for a public use, not a private use. Second, the owner must be given fair market value for the property taken.
Plenty of court proceedings throughout American history attest to the subjectivity of both of these rules, but in general it has functioned fairly well.
What constitutes property has been argued back and forth, but for sure it includes more than land. It can be buildings and possessions on that land. Even patents and other intellectual property.
The point is that when government decides to take stuff, it can’t …read more […]

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Top news and what to watch in the markets on Tuesday, June 9, 2020. …read more […]

(Bloomberg) — As a sense of euphoria sweeps through global equity markets propelling stocks to regain $21 trillion in value from a March low, the asset class is looking increasingly frothy.While stock luminaries who had advocated for a bull zone look like winners in hindsight, the debate goes on about whether the rally is a bear market bounce, doomed to end. Asia ended the day up but off the session’s high, while equities in Europe slipped in early trade, with the Stoxx Europe 600 falling as much as 1.6%. It’s a similar picture for the U.S. market as S&P 500 …read more […]