Trading Ideas

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The fed funds futures market is pricing in negative U.S. interest rates next year, a scenario the Federal Reserve has said it wants to avoid as many doubt that it would be an effective tool to stimulate growth. Setting interest rates below zero would punish banks for leaving excess cash with the central bank. The U.S. central bank slashed the federal funds rate to near zero in March and has launched numerous programs aimed at boosting liquidity and stabilizing financial markets as the U.S. economy reeled from the coronavirus pandemic. …read more […]

(Bloomberg) — U.S. ranchers are looking forward to the results of an investigation into market manipulation as low livestock prices threaten their survival, an industry leader said.Farmers “are becoming unhinged” as livestock gluts — exacerbated by a wave of slaughterhouse disruptions — are coinciding with record-high wholesale beef prices, American Farm Bureau President Zippy Duvall said Friday.He spoke at a round-table that included Iowa Senators Joni Ernst and Chuck Grassley, Vice President Mike Pence and senior meatpacker executives. While the senators echoed calls to close the cattle-beef pricing gap, Pence congratulated meatpackers including Tyson Foods Inc. and Smithfield Foods Inc. …read more […]

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Over half the companies on the S&P 500 have delivered first quarter reports, and the print, so far, isn’t pretty. According to FactSet, blended earnings have declined by 13.7%, and if results remain the same, the quarter will represent the steepest decline in earnings since Q3 2009, (-15.7%).But there are always outliers, and ones you would not necessarily expect – particularly in the current climate.Which brings us to General Motors (GM). The auto giant sprung a surprise on Wall Street when it delivered a stronger than expected earnings report earlier this week. Following the company’s earnings call, RBC’s Jospeh Spak …read more […]

General Electric (GE) shares have been on the decline as of late. As a result, many investors have been understandably worried. Such sentiments have placed the American manufacturing giant on the market spotlight, and begs the question: is it still worth investing in at current levels? Traversing turbulent market conditions, the outlook seems bleak for the 128-year-old conglomerate. Is there no way up for the aviation unit of General Electric? What about its other subsidiaries? Investor James Richman bets GE is likely to touch down $5-level. From there, the tech investor is bullish that the price will double in value …read more […]

The market ‘has been driven by sentiment recently’ — and is overvalued, warns one veteran strategist. …read more […]

Okay, so it doesn’t work ALL the time.
But in my experience – and that is more than 25 years trading the markets – it works about 80% of the time.
The key is always to position size and only do this type of trade with quality companies that you want to own.
It’s a system I developed in the ’90s, and it’s never failed me.
The system relies on deep-in-the-money covered calls.
This is not a speculative type of trade, but one that falls in line with more “typical” investing, where you are looking to beat the market consistently.
Let me show you how it …read more […]

Chief Executive Officer Sundar Pichai announced the move in a memo to employees on late Thursday, which was first reported by CNBC. Google said it would begin reopening more offices globally as early as June, but most Google employees would likely work from home until the end of this year. Facebook Inc also said on Friday it would allow workers who are able to work remotely to do so until the end of 2020. …read more […]

The loan, which will be provided by Industrial and Commercial Bank of China Limited, will be used only for expenditures related to production at the Shanghai plant, the filing said. The factory is Tesla’s first car manufacturing site outside the United States and is the centerpiece of its ambitions to boost sales in the world’s biggest auto market and to avoid higher import tariffs imposed on U.S.-made cars. Tesla had suspended production at its San Francisco Bay Area plant due to the broader impact of the coronavirus, and was told by the local county health department on Friday …read more […]

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(Bloomberg) — Kingsoft Cloud Holdings Ltd. rose 40% in the first major trading debut by a Chinese company since the accounting scandal at Luckin Coffee Inc.The affiliate of Hong Kong-listed Kingsoft Corp. raised $510 million in its initial public offering, pricing its shares at the midpoint of a $16 to $18 targeted range. The shares closed at $23.84 in New York trading Friday, giving the company a market value of $4.77 billion.The Beijing-based cloud computing service company, which had marketed 25 million shares, increased the sale to 30 million American depositary shares.The IPO is the biggest by a Chinese company …read more […]