Trading Ideas

(Bloomberg) — U.S. and European futures retreated and the dollar advanced with Treasuries as deteriorating Sino-American ties cast a cloud over the recent rally in risk assets.Asian shares also dipped, in thin trading Thursday. China’s offshore yuan held steady despite the greenback’s gains, on the eve of the biggest Chinese political gathering of the year. The U.S. Senate passed a bill that could bar some Chinese companies from listing on American exchanges, while President Donald Trump tweeted criticism of China’s leadership. Elsewhere, crude oil saw modest gains.Investors have been whipsawed by conflicting news regarding a possible vaccine for the virus, …read more […]

Intel (INTC) has announced that it is acquiring Rivet Networks, a leader in software and cloud-based technologies for networking connectivity. This includes the popular “Killer” line of gaming networking cards.Intel and Rivet Networks have now partnered to build the Killer AX1650 Wi-Fi solution, which Intel says will deliver immersive entertainment and gaming experiences along with powerful Wi-Fi 6 technology.According to Intel, Rivet Networks’ capabilities, including its software, are complementary to Intel’s wireless products and capabilities.“Rivet Networks’ products deliver speed, intelligence and control for gamers and performance users. Its products maximize Wi-Fi bandwidth utilization and optimize the wireless network connection on …read more […]

Oil prices advanced on Thursday as a drawdown of U.S. crude inventories and output cuts by major producers helped ease concerns about a supply glut, though lingering fears over the global economic fallout from the COVID-19 pandemic capped gains. Brent crude futures for July delivery were trading up 33 cents, or 0.9%, at $36.08 per barrel at 0344 GMT, rising for a second day. U.S. West Texas Intermediate (WTI) crude futures for July were up 20 cents, or 0.6%, at $33.69 a barrel, extending its gains into a sixth straight session. …read more […]

(Bloomberg) — In early March, before the coronavirus pandemic triggered a global economic lockdown, SoftBank Group Corp. founder Masayoshi Son paid tribute to Rajeev Misra, the man who runs his $100 billion technology investment fund. Wearing a $70 Uniqlo down jacket, the Japanese billionaire put his arm around Misra’s shoulders at a town hall meeting in San Carlos, California. He said he would never forget the help Misra provided when he was at Deutsche Bank AG more than a decade earlier and spoke of the trust and respect they had developed since, according to a summary shared internally. “We are …read more […]

The moves comes as tensions rise between Washington and Beijing over the coronavirus pandemic. …read more […]

Oil prices edged higher on Thursday after data showed U.S. crude inventories fell again, easing concern about a supply glut, though lingering fears over the global economic fallout from the COVID-19 pandemic capped gains. Brent crude futures for July delivery were trading up 17 cents, or 0.5%, at $35.92 per barrel at 0024 GMT. U.S. West Texas Intermediate (WTI) crude futures for July were up 4 cents, or 0.1%, at $33.53 a barrel. …read more […]

American astrophysicist, Neil deGrasse Tyson, also known as the coolest smartest guy in Manhattan, has a cult following. Neil deGrasse Tyson doesn’t fit the image of one might have of a genius scientist. Not in the way he looks, the way he sounds, the way he walks. And then there’s the coolness factor. The guy’s […] …read more […]

American astrophysicist, Neil deGrasse Tyson, also known as the coolest smartest guy in Manhattan, has a cult following. Neil deGrasse Tyson doesn’t fit the image of one might have of a genius scientist. Not in the way he looks, the way he sounds, the way he walks. And then there’s the coolness factor. The guy’s […] …read more […]

(Bloomberg) — From the Middle East to Siberia, the North Sea down to Latin America, the prices of physical cargoes of crude oil are rallying hard almost everywhere, underpinning a surge in headline futures markets. Now, though, attention is turning toward just how sustainable the recovery will really be.Brent crude traded on the ICE Futures Europe exchange has nearly doubled to about $35 a barrel in the past month, while America’s West Texas Intermediate — which dipped into negative territory at one stage — has also soared. All that’s happened because global producers have slashed millions of barrels of output …read more […]

The central bank’s words and actions have sent mortgage rates through the floor. …read more […]

China Mobile Limited (HKG:941) is about to trade ex-dividend in the next 4 days. If you purchase the stock on or after… …read more […]

As I’m sure you know, the race for a vaccine is on… with each second the markets are open. The direction of the market depends on whether the vaccine news flow is positive or negative.
You saw that positive impact on Monday, when the Dow soared 1,000 points on the promise of Moderna’s (Nasdaq: MRNA) vaccine.
You also saw the negative impact yesterday afternoon, when doubt was planted about the true validity of Moderna’s vaccine effectiveness – and the markets got hit with a sharp and sudden reversal.
Clearly, the direction of the markets now hinges on the vaccine news – which is …read more […]

And just like that, the global race to advance a COVID-19 vaccine got turned up a notch. On Monday, mRNA specialist Moderna (MRNA) announced positive data regarding its COVID-19 vaccine candidate, mRNA-1273.5-star Oppenheimer’s Hartaj Singh applauds Moderna’s “unprecedented pace of development” and highlights the vaccine’s potential to accelerate the mRNA platform’s progress. In the first stage of the Phase 1 study across three different dose groups (25, 100, 250 µg), following the analysis of eight patients’ data, all developed neutralizing antibodies which stopped the virus from replicating. Additionally, the study showed the vaccine was safe, and that the …read more […]

L Brands will permanently close about 250 Victoria’s Secret and 50 Bath & Body Works stores. Most had been closed due to the coronavirus pandemic. …read more […]

Below, Investment U’s Income Expert, Marc Lichtenfeld, takes a look at Energy Transfer’s dividend safety.
Energy Transfer (NYSE: ET) is a favorite of income-seeking investors due to the stock’s strong distribution yield. (Energy Transfer is a master limited partnership, or MLP. MLPs pay distributions, not dividends.)
The company has 90,000 miles of pipelines and boasts that 30% of the United States’ oil and natural gas moves through those pipelines.
Now, thanks to the collapse in anything oil-related, the stock yields a whopping 15.7%. But can investors bank on continuing to receive the distribution?
Energy Transfer’s cash available for distribution (CAD), a measure of cash …read more […]