Trading Ideas

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For the last several months, world oil markets have taken it on the chin.
There’s been too much production and unprecedented coronavirus-led demand destruction. Global storage capacity is also nearly full.
But the hurt is just getting started…
Price Update
In the exploration and production (E&P) space, cash flow is king.
If an E&P company isn’t pumping and selling crude oil, it doesn’t have cash coming in. And if that’s the case, it doesn’t have any choice but to close its doors.
And that’s exactly what an increasing number of E&P companies are doing. When oil briefly traded below $0 per barrel a few weeks …read more […]

Stocks are moving sideways. Now what? Now the fun begins!
You may have noticed we’re talking about money a lot these days. There’s a good reason for it. There’s good money to be made.
But with stocks now trading at roughly the same level they were two weeks ago, it’s clear we’ve moved out of the blind optimism stage.
In an update to my Manward Letter subscribers yesterday, I reminded readers of the many stages of disaster recovery.
There’s the warning phase… the actual strike of the disaster… the heroic phase… the honeymoon phase… and, where we are with this coronavirus mess right now, …read more […]

Yahoo Finance’s Myles Udland, Melody Hahm, and Dan Roberts discuss the latest from Tesla. …read more […]

Yahoo Finance’s Emily McCormick joins Seana Smith to break down the latest details regarding a possible relocation of Tesla’s electric vehicle assembly plant to Texas. …read more […]

Royal Caribbean is offering $3.3 billion in senior bonds …read more […]

How you spend your stimulus cash is up to you, but some options are better than others. …read more […]

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In recent sessions, markets have reversed gains built on optimism that U.S. states could slowly end the lockdowns that have crushed the economy. Meanwhile, one major vaccine player, has said the U.S. would have first preference if and when its candidate succeeds. …read more […]

Fed Chair Jerome Powell said the coronavirus is the biggest shock to the economy in modern times, but that negative interest rates are currently not being considered. Yahoo Finance’s Brian Cheung joins Zack Guzman to break down the details. …read more […]

As the COVID-19 epidemic drags on, and unemployment rises, online equity trading platforms are seeing a surge in use and new sign-ups. The Robinhood app saw Q1 deposits increase by 300% year-over-year, while the popular social trading app eToro saw a 220% growth in trading use. The demographic breakdown of the new online traders makes a more interesting story, however. Data from the Wealthsimple Trade platform shows that 55% of new users are under age 35.The migration of Millennials to online trading should not come as a surprise. Jeff Bishop, founder of Raging Bull Trading, notes, “A lot of people …read more […]

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A potential tie-up between Uber and Grubhub could balloon the ride-hailing company’s market share and bring forth long term synergies, according to Morningstar senior analyst Ali Mogharabi. …read more […]

The VIX is very near Goldilocks territory.
If that statement sounds cryptic, it’s not. In fact, it’s very straightforward. It’s also a very good thing for investors, and short-term traders in particular.
The VIX is the Chicago Board Options Exchange Volatility Index. It measures market volatility by looking at put and call options on the broad market of S&P 500 stocks.
If the VIX is high, the market will see big swings, either up or down. That was the case in mid-March, when the VIX peaked above 80. On March 16, the S&P 500 fell nearly 12%, the third-biggest daily loss since 1926. …read more […]

(Bloomberg) — Senator Bernie Sanders and Representative Ilhan Omar led a group of lawmakers from two dozen countries calling for the International Monetary Fund and World Bank to forgive the debt of the world’s poorest countries and step up their support.The debt payment standstill announced last month by the Group of 20 won’t be enough to allow the countries to deal with the crisis, the lawmakers, including the U.K.’s Jeremy Corbyn, said in a letter Wednesday. Fitch Ratings last month warned that multilateral development banks could see their credit ratings suffer if they let the poorest nations suspend sovereign debt …read more […]