Trading Ideas

American Airlines Group Inc shares jumped by 25% after it said Thursday it will significantly boost its U.S. flight schedule next month after dramatic reductions caused by the coronavirus pandemic, flying more than 55% of its July 2019 domestic capacity. American shares, up 24.6% to $14.77 on the bullish announcement, are still down more than 50% since mid-February. The airline, the largest U.S. carrier, will also boost its international flights schedule next month, flying nearly 20% of its July 2019 schedule. …read more […]

Diamond Hill Capital recently released its Q1 2020 Investor Letter, a copy of which you can download below. The Diamond Hill Small Cap Fund posted a return of -36.17% for the quarter, underperforming its benchmark, the Russell 2000 Index which returned -30.61% in the same quarter. You should check out Diamond Hill Capital’s top 5 […] …read more […]

The clear upward trend in the stock markets has investors in a buying mood. The reasons are varied, and sometimes hard to pin down; while we’re still stuck in the coronavirus inspired economic doldrum, at the state and local levels economies are starting to reopen. The civil unrest of the past week is worrisome, and the destruction in urban centers is serious, but the economic blow was softened by the shutdowns. The riots would have stopped ‘normal’ activity – but that was already slowed or halted, and had been for two months. The shutdowns were already baked into market sentiment.The …read more […]

While many analysts say they don’t expect stocks to fall all the way back to their lows set in March, much of Wall Street says the recent surge of nearly 40% for stocks may be setting investors up for disappointment, with rougher times likely to come. “There’s no question that it’s going to be a choppy recovery,” said Rich Weiss, chief investment officer of multi-asset strategies for American Century Investments. A little more than two thirds of fund managers say this is nothing more than a bear market rally, according to the latest monthly survey by Bank of …read more […]

(Bloomberg) — American Airlines Group Inc. soared the most in two months after the carrier said it would boost July flights 74%, signaling that U.S. travelers freed from shelter-in-place orders are returning more quickly than expected.The busiest days next month will have about 4,000 flights, up from 2,300 in June, said Vasu Raja, American’s senior vice president of network strategy. The July figure is equivalent to 40% of capacity a year earlier, compared with 30% in June, the airline said Thursday.“People are hungry, eager to get back into the economy,” Raja said in an interview. “We feel a real confidence …read more […]

Diamond Hill Capital recently released its Q1 2020 Investor Letter, a copy of which you can download below. The Diamond Hill Small Cap Fund posted a return of -36.17% for the quarter, underperforming its benchmark, the Russell 2000 Index which returned -30.61% in the same quarter. You should check out Diamond Hill Capital’s top 5 […] …read more […]

Trevor Milton, Nikola founder, joins Yahoo Finance’s Alexis Christoforous and Brian Sozzi, to discuss its Nasdaq debut, …read more […]

Yahoo Finance’s Alexis Christoforous and Brian Sozzi speak to Megan Horneman, Verdence Capital Advisors Director of Portfolio Strategy, about overall markets and what investors should keep a lookout for. …read more […]

Yahoo Finance’s Alexis Christoforous, Brian Sozzi, and Ines Ferre break down the market action for Nio. …read more […]

(Bloomberg) — Smartsheet Inc.’s first-quarter results were hamstrung by the Covid-19 pandemic as demand and sales cycles were hurt across a range of its segments and management cut its expectations for the year.Jefferies analyst Brent Thill said expectations were elevated going into the earnings and that Smartsheet “unfortunately fell victim to a weaker business environment due to Covid-19.” Thill said bears will also point to a material accounting weakness and reduced close rates. Smartsheet’s stock fell the most on record, sinking 23% at 10:08 a.m. Thursday, after shares closed at a record high on Monday.Some on the Street, such as …read more […]

(Bloomberg) — Bankers have a message for America’s debt-laden companies: raise money now, because things could get a lot worse.The gradual reopening of businesses after months-long shutdowns and a pick up in manufacturing activity have given investors reason for optimism in recent weeks. But underwriters who cater to heavily indebted corporations are offering their clients a bleak preview of what may lie ahead.The long list of worries includes a new wave of coronavirus contagion in the fall, an extended period of double-digit unemployment, a spike in defaults and a slower-than-expected economic recovery as businesses around the globe adapt to the …read more […]

During the week ending May 30th, another 1.877 million Americans filed for unemployment. Yahoo Finance’s Emily McCormick joins The First Trade to break down the details. …read more […]

Which stocks tend to polarize market watchers? Penny stocks. Out on Wall Street, investors have strong opinions when it comes to these divisive tickers, which trade for less than $5 per share.The penny stock critics make valid points when defending their stance. Sure, the price tag may look like a steal, but the fact that shares are trading at such low levels could reflect overwhelming headwinds or weak fundamentals.That being said, the fans offer up a solid argument as well. Not only does the low price mean you get more shares for your money, but hefty returns are also on …read more […]

There is rising social unrest across the country right now and Goldman Sachs analyzes the fallout. …read more […]

Here’s what the “Mad Money” host says about wise investing in the midst of COVID-19. …read more […]