Trading Ideas

Oil prices crawled higher on Tuesday, with traders waiting to see whether major producers agree to extend their huge output cuts to shore up prices at a meeting expected later this week. Brent crude futures rose 0.4%, or 17 cents, to $38.49 a barrel as of 0220 GMT. West Texas Intermediate (WTI) crude futures traded in a 38-cent range on either side of Monday’s close, and last traded unchanged at $35.44 a barrel. …read more […]

(Bloomberg) — Queues of tankers have formed off China’s busiest oil ports as the vessels wait to offload crude for refineries that are quickly ramping up production amid a rapid rebound in fuel demand.Two dozen or more crude-laden tankers are waiting to discharge at terminals on China’s east coast that supply state-owned and independent refiners in the region, according shipbrokers and vessel-tracking data. Asia’s largest economy is leading a recovery in oil consumption, with demand in May almost back to levels seen before the coronavirus triggered stay-at-home orders.Chinese refineries are increasing operations to convert more crude into gasoline and diesel …read more […]

There’s a potential $150 billion industry no one’s talking about…sports betting stocks. Of course, that’s for good reason. But that doesn’t mean investors should ignore the opportunity or wave it away, because things are changing. As they say, if you don’t play, you can’t win.
Invest in Sports Betting Stocks – Watch the Video

Hi, I’m Matthew Carr, Chief Trends Strategist for The Oxford Club. And welcome to this week’s episode of Market Trends.
Investing has long been viewed as a kind of legalized gambling. Even though it couldn’t be further from the truth. Sure, you can take a grubstake, and you can …read more […]

The Internal Revenue Service is failing to crack down on hundreds of thousands of high-income people who owe billions of dollars in taxes, according to a new report by the agency’s government watchdog.The Treasury Inspector General for Tax Administration identified almost 880,000 individuals making $100,000 a year or more who didn’t file tax returns from 2014 to 2016. Collectively, those “nonfilers” owed an estimated $45.7 billion in taxes.An estimated 1,891 nonfilers owed more than $1 million apiece, or about $13.5 billion collectively. The top 100 nonfilers owed an estimated $9.9 billion in total.The inspector general’s audit found that the IRS …read more […]

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Today, I’m not going to beat around the bush…
The picks Karim and I have been making here in Trade of the Day have been absolutely crushing it in the month of May. And today, it’s time to ring the register.
You see, with so much market uncertainty right now – whether it’s the protests occurring across the nation in every major U.S. city or the flare-ups occurring between the U.S. and China once again…
I believe now is the time to “ring the register” (as I say in The War Room) on five of our more recent Trade of the Day picks.
This …read more […]

Stock futures opened roughly flat Monday evening, as investors eyed stabilizing economic data alongside ongoing protests across the country, which spurred some concerns of a ramp-up in coronavirus cases following a deescalation in the outbreak. …read more […]

I’ve been getting a lot of emails about REITs lately. These are companies that own various forms of real estate and by law must pay out 90% of their profits in dividends.
As a result, the dividend yields on REITs are higher than the yields on most stocks.
REITs typically invest in a specific area in real estate. You can find REITs that are focused on shopping malls, apartments, student housing, cellphone towers, data centers, senior care facilities, private prisons, industrial properties, self-storage, mortgages and more.
Together, REITs own $3 trillion worth of real estate in the U.S.
They each have benefits and challenges …read more […]

The financial regulations require hedge funds and wealthy investors that exceeded the $100 million equity holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn’t the intention, these filings to a certain extent level the playing field for ordinary investors. The latest round of 13F […] …read more […]

(Bloomberg) — In a sign of changing times, a U.S. oil refining company is converting one of its plants into a producer of clean fuel.HollyFrontier Corp.’s Cheyenne refinery will stop using crude oil and be repurposed to pump out renewable diesel, which is typically made from soybean oil, recycled cooking oil and animal fats. That’s after processing margins plummeted on the collapse in fuel demand due to Covid-19-related lockdowns. Besides, the old facility’s maintenance costs were “uncompetitive,” and the government is promoting cleaner fuel production.It’s the latest example of how the traditional fossil fuel industry is changing amid rising calls …read more […]

Extremes are investors’ early alarm system.
When euphoria is everywhere, it’s time to run for the hills.
And when everyone is screaming that the world is on the precipice of demise, it’s time to load up the truck.
Billionaire Warren Buffett has been shelling out this piece of advice for decades: “Be fearful when others are greedy, and be greedy when others are fearful.”
Of course, that’s easier said than done.
But today I’m going to share with you the exact moment to start buying hand over fist… because it’ll happen again.
Viva la Bull!
The Great Bear Market was gored to death on March 23.
The fastest …read more […]

Shares in Coty (COTY) jumped 18% as it appointed its chairman Peter Harf as CEO to help spearhead a strategic turnaround plan of its business. As part of the plan, the indebted cosmetics maker struck a deal to sell a majority stake in its retail and hair business to buyout firm KKR & Co. (KKR).Investors welcomed the news as the stock surged 18% to $4.28 in midday U.S. trading after plunging almost 70% since the beginning of the year.In his new role, Harf will be part of a new three-person Executive Committee to make sure that Coty takes the right …read more […]

Zoom is set to report earnings after the bell on Tuesday. Yahoo Finance’s Dan Howley joins Kristin Myers to discuss. …read more […]

We at Insider Monkey have gone over 821 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds’ and investors’ portfolio positions as of March 31st, near the height of the coronavirus market crash. In this article, we look at what those funds think […] …read more […]

In this article we will check out the progression of hedge fund sentiment towards TAL Education Group (NYSE:TAL) and determine whether it is a good investment right now. We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 and […] …read more […]