Trading Ideas

Investors are bracing for more turbulence in U.S. stocks, as some states prepare to reopen their economies and global trade tensions rise. The Cboe Volatility Index, known as Wall Street’s fear gauge, posted its biggest weekly gain in about two months, reflecting the S&P 500 index’s 2.6% slide from its April 29 high. VIX futures have jumped as well, with investors pricing elevated risk into June contracts. …read more […]

The snub comes as Musk has sparred with officials in Alameda County over his plans to resume production at the Tesla plant there, which was stopped because of the coronavirus. Five members of California’s Employment Training Panel voted to reject the proposal and two voted for it, with one member absent, after discussing Musk’s tweets on Tesla’s reopening and media reports of layoffs at SpaceX’s Hawthorne, California headquarters in recent years. …read more […]

The panel had called on chief executive Jeff Bezos to testify. Amazon’s blog late on Friday did not commit to a specific person or consideration for who could eventually testify. “We have been working with the Committee in good faith for nearly a year to provide answers and information, and we remain prepared to make the appropriate Amazon executive available to the Committee to address these issues,” Amazon said in the blog post https://blog.aboutamazon.com/policy/response-to-house-judiciary-committee-letter-on-seller-data. …read more […]

(Bloomberg) — The House passed a $3 trillion Democratic economic stimulus bill Friday that Republicans and President Donald Trump have already rejected and isn’t likely to trigger bipartisan negotiations any time soon.The measure, passed 208-199, would give cash-strapped states and local governments more than $1 trillion while providing most Americans with a new round of $1,200 checks. House Speaker Nancy Pelosi said it should be the basis of talks with the GOP-controlled Senate and White House, which have called for a “pause” to allow earlier coronavirus recovery spending to work.“A horrible virus has made a vicious attack on the lives …read more […]

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J.C. Penney, reeling from a one-two punch of the department store industry’s struggles and the coronavirus pandemic, filed for Chapter 11 bankruptcy. …read more […]

Here is a blueprint for success in the stock market…
Find a company that has very strong long-term prospects and a stock price depressed by temporary near-term challenges.
Buy that stock now. Then, sit back and wait until the temporary issues subside and the stock rises as the much better long-term potential of the business emerges.
It is a very simple blueprint.
The challenge is finding a business where you are convinced that the challenges are truly short-term and the prospects for the long term are truly bright.
But now, I believe the economic and market upheaval COVID-19 has caused have made this challenge a …read more […]

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(Bloomberg) — Don’t let anyone tell you regulators haven’t punished Wells Fargo & Co. — or at least its shareholders.The scandal-ridden bank has lost $220 billion in stock-market value since the Federal Reserve imposed an unprecedented cap on the firm’s assets in early 2018, crimping its ability to add customers and loans. The constraints are biting harder this year as corporate clients draw down credit lines, which pushes up assets and leaves Wells Fargo even less room to seize opportunities.Shares of the bank touched a 10-year low this week as analysts raised alarms that shrinking profits make its current dividend …read more […]

United Airlines wants to resume passengers flights to China as soon as next month but is waiting on governments in Beijing and Washington, D.C. to allow it, an executive told employees Thursday during a virtual town hall meeting. In early February, United suspended flights to its four China destinations — Shanghai, Chengdu, Beijing and Hong […] …read more […]

The snub comes as Musk has sparred with officials in Alameda County over his plans to resume production at the Tesla plant there, which was stopped because of the coronavirus. Five members of California’s Employment Training Panel voted to reject the proposal and two voted for it, with one member absent, after discussing Musk’s tweets on Tesla’s reopening and media reports of layoffs at SpaceX’s Hawthorne, California headquarters in recent years. …read more […]

The billionaire investing guru has these money tips for the coronavirus crisis. …read more […]

It can be hard to know when exactly is the right time to buy into a stock.
But as Alexander Green explains today, there’s a telltale sign – and reliable investment strategy – that rarely fails.

Editor’s Note: Today, Alexander Green answers one of the most common questions we hear: What’s the best investment approach?
Read on to learn about one of Alex’s favorite investment strategies. And if you want to take an even deeper dive, click here to watch his special presentation with TV legend Bill O’Reilly detailing The Smartest Investment Strategy of All Time. I think you’ll want to hear what …read more […]

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Shares of Norwegian Cruise (NCLH) are down 80% year to date, but one analyst says the impact of COVID-19 is priced in, and see the stock “as materially undervalued” if cruises rebound going into 2021. …read more […]