No Picture
Trading Ideas

Edging closer to bailout, Lufthansa accepts tweaked demands by Brussels

Lufthansa’s management board accepted a more favourable set of demands made by the European Commission in exchange for approval of a 9 billion euro (8.13 billion pounds) government bailout, the carrier said on Saturday, paving the way for its rescue. The agreement comes after Lufthansa’s supervisory board on Wednesday rejected an initial deal with Brussels including conditions that were significantly more painful. Lufthansa and the rest of the airline sector have been hard hit by what is expected to be a protracted travel slump due to the coronavirus pandemic. …read more […]

No Picture
Trading Ideas

What to Do When the Market Asks You to Choose

Imagine that your phone rings…
It is your lawyer. They have some really sad but also really great news.
Apparently, you had a long-lost uncle who you were never told about. Sadly, this uncle has recently passed away.
Now for the good news. Your long-lost uncle had a long and wonderful life. He also didn’t have any children, and you are named as a major beneficiary in his will.
Better still, your lawyer tells you that this long-lost uncle was unfathomably rich. Not “a couple of million dollars” rich, but rather one of the richest people on the planet.
It turns out that your long-lost …read more […]

No Picture
Trading Ideas

Don’t Sit on This!

Today in The War Room, we got our feet wet by entering a stay-at-home play.
While everyone else is focusing on companies like Zoom and Microsoft as great software trades… we decided to go with a pick-and-shovel play that’s a little more tangible.
The work-from-home trend isn’t going away.
In fact, it’s only going to get bigger and bigger as companies realize how much they can save by not providing expensive facilities in expensive cities.
Now, not everyone can work from home, but millions who don’t work in manufacturing or service businesses can.
To put it bluntly, every office space in every office building is …read more […]

No Picture
Trading Ideas

What to Do When the Market Asks You to Choose

In this article, Jody Chudley takes a hard look at airline stocks. He asks the question, “What if you suddenly inherited one of the world’s great fortunes? Should you buy 100% of all seven major airlines?” His answer may surprise you.

Imagine that your phone rings…
It is your lawyer. They have some really sad but also really great news.
Apparently, you had a long-lost uncle who you were never told about. Sadly, this uncle has recently passed away.
Now for the good news. Your long-lost uncle had a long and wonderful life. He also didn’t have any children, and you are named as …read more […]

No Picture
Trading Ideas

Saudi Arabia Moved $40 Billion in Reserves to Sovereign Fund

(Bloomberg) — Saudi Arabia transferred 150 billion riyals ($40 billion) from its central bank to its sovereign wealth fund as it went on an investment spree seeking to take advantage of recent market turmoil.The transfers from the kingdom’s foreign-currency reserves to its Public Investment Fund were made in March and April on an “exceptional” basis, and will “strengthen the investment capacity of the fund,” Finance Minister Mohammed Al-Jadaan said in a statement published by the official Saudi Press Agency on Friday.The move comes as the world’s largest crude exporter faces exceptional fiscal pressure from a crash in global oil markets. …read more […]

No Picture
Trading Ideas

Market Recap: Friday, May 29

Stocks closed at their highest levels since at least March, ending Friday’s volatile session mostly higher after President Donald Trump announced retaliatory measures against China that were less negative for markets as some had feared. Myles Udland, Sean Smith, Rick Newman, and Akiko Fujita discuss on The Final Round. …read more […]

No Picture
Trading Ideas

A Mostly Domestic Southwest Airlines Is Seeing a Recovery Eluding Others for Now

Until early May, Southwest Airlines executives described their revenue stream as a leaky bucket, with some new bookings coming in, but not enough to offset losses from itinerary cancelations. “You just can’t keep the water up,” Andrew Watterson, the airline’s chief commercial officer, said in an interview. As many U.S. states, cities, and counties dropped […] …read more […]

No Picture
Trading Ideas

3 “Strong Buy” Dividend Stocks Yielding at Least 9%

The S&P 500 has broken above 3,000, marking a milestone in the current bull rally. There’s a deepening feeling that equities by be a leading indicator, showing that the economy will turn around in 2H20.That’s the blue-sky scenario, and it may happen. We live in an uncertain world, however, and even the most upbeat investors will look for ways to defend their portfolio in times like these. It’s natural to look at value stocks, equities trading at low cost but offering high upside potential, and high-yield dividend stocks, with their steady income stream providing a cushion against share depreciation. We’ve …read more […]

No Picture
Trading Ideas

Western Digital Corporation (WDC): Are Hedge Funds Right About This Stock?

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 […]

No Picture
Trading Ideas

Corporate Insiders Will Lead You to Vast Profits

As the country begins to reopen, it may seem difficult to tell which businesses will recover and which will stay permanently shuttered.
Today, Alexander Green shares one surefire way to tell if a business is going to thrive.

Note From Senior Managing Editor Christina Grieves: As the country reopens after the coronavirus lockdown, it may seem impossible to tell which businesses are going to resume operations and which will remain shuttered forever. But, as Alexander Green explains today, there’s one sure way to determine if a business will thrive. Read on to find out what it is… And make sure you take …read more […]

No Picture
Trading Ideas

Occidental Petroleum Guts Dividend to 42-Year Low of a Penny

(Bloomberg) — Occidental Petroleum Corp. cut its quarterly dividend by 91% to the lowest since at least the 1970s amid the pandemic-driven collapse in energy demand that has strained the oil explorer’s ability to shoulder its debt.Occidental shareholders will receive a penny per share on July 15, the Houston-based company said in a statement Friday. The company has been reeling in dividends since March, when it trimmed the payout to 11 cents from 79 cents.The surprise cut came the same day Chief Executive Vicki Hollub and the rest of the board of directors won re-election at Occidental’s annual shareholders’ meeting. …read more […]