Trading Ideas

P&G, which was previously scheduled to release its results on April 21, also said its decision to release earnings ahead of schedule should not be seen as an indication of positive or negative results. P&G and other consumer staples companies have seen the coronavirus outbreak create a surge in demand for toilet papers and other household products, with lockdowns imposed to curb the disease’s spread making many customers hoard essential items. It declared a quarterly dividend of 7.907 cents per share on its common stock, up from 7.459 cents in the prior quarter. …read more […]

In this article, David Fessler of Profit Trends explains why investors are moving out of oil. And where are they going instead? Fessler reveals that the smart money play is now in renewable energy stocks. Here’s why.
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Last week, I wrote about the nightmare unfolding in the crude oil sector.
Due to COVID-19, millions of commuters are staying home. And oil companies are going to be the biggest losers.
Investors are already running away from the sector in droves.
The big question is, where is the smart money going?
Horrifying Times
Over the last five years, 215 oil and gas producers have filed for bankruptcy. And …read more […]

Johnson & Johnson announced plans to begin ‘at risk’ production of its COVID-19 vaccine as it scales up for eventual testing and manufacture of the vaccine. …read more […]

Wealthy Retirement Contributing Analyst, Jody Chudley explains why now is the time to buy small cap stocks.

In uncertain times, history and experience are invaluable resources. What both are telling me now is that there has rarely been a better time to buy small cap stocks. This opportunity was created by an epically bad first quarter of 2020 for the small cap sector.
Small cap performance is measured by the Russell 2000 Index, the most popular index of small capitalization stocks. The first quarter decline of 30.6% in the Russell 2000 was the largest quarterly loss in the more than 40-year history …read more […]

Amid the coronavirus, the International Monetary Fund is projecting its worst ever economic forecast for the global economy: a 3% contraction in 2020. …read more […]

Investors are worried about Southwest Airlines’ dividend. The airline industry is feeling the pain. A global shutdown has led to a steep drop in the number of flights. It’s gotten so bad that the government is stepping in with bailouts, with strings attached.
So, to get a better understanding of Southwest’s dividend safety, we’ll look at trends over the last 10 years. But first, let’s look at the business as a whole…
Southwest Airlines Stock and Business Overview
Southwest Airlines (NYSE: LUV) is a $18 billion dollar business. The company is based out of Dallas, Texas and it has 60,800 employees. Last year, …read more […]

Micro-cap biotech? Check. Up by over 40% in one trading session? Check. Possible COVID-19 treatment? Check. All the ingredients for a familiar narrative in these coronavirus driven times are present. We’re talking about Pluristem Therapeutics (PSTI), a small Israeli biotech with promising preliminary data regarding a possible COVID-19 treatment.Last week, Pluristem released initial results from its compassionate use program for the treatment of patients with acute respiratory failure and inflammatory complications resulting from COVID-19. Specifically, all seven ICU patients with acute respiratory distress syndrome (ARDS) treated so far with Pluristem’s PLX cell therapy have survived, with 6 out of 7 …read more […]

As the economy has fallen into a downward spiral over the last month, behemoth corporations have proven that they are not immune. Apple (AAPL), Microsoft (MSFT), Intel (INTC) and more are all down over 10% from early 2020 highs. However, fortunately for these companies, they have physical products to sell. Twitter (TWTR), SNAP (SNAP), and Facebook (FB) don’t.These social media titans sell services—specifically, ads. Despite the fact that people are home, and are spending more time on social media than ever before, each of these companies is down over 20% since mid-February. Why? As people are at home rather than …read more […]

Standard Chartered Plc is the first major global bank to tell employees not to use Zoom Video Communications Inc during the coronavirus pandemic due to cybersecurity concerns, according to a memo seen by Reuters. The message, sent by Chief Executive Officer Bill Winters to managers last week, also warned against using Alphabet Inc’s Google Hangouts platform for virtual gatherings. Neither service offers the level of encryption of conversations that rivals like Cisco System Inc’s Webex, Microsoft Corp’s Teams or Blue Jeans Network Inc do, industry experts said. …read more […]

Many Americans suffer from “historical amnesia,” a blissful ignorance of the past.
But as Nicholas Vardy shares today, there is a lot we can learn about global wealth and success by looking back at history.

I’ve been watching a course on the English historian Edward Gibbon’s six-volume magnum opus, The History of the Decline and Fall of the Roman Empire, in The Great Courses.
I view it as a 30-minute daily antidote to the relentless onslaught of COVID-19 body counts on the world’s news channels.
It’s also a welcome break from the nonstop obsession over “whether the market has bottomed this week.”
Gibbon published the …read more […]

Wall Street loves mergers and acquisitions. They feed the egos of CEOs by increasing their empires and garner big fees for the bankers that help put big deals together. They can also result in a big payday for investor of the firm that gets bought out. But, sadly, for these reasons, most mergers destroy shareholder value over the long haul.For investors, the track record indicates that it can be more lucrative to bet on deals where firms break themselves apart. One such deal that became final less than two weeks ago found two giant defense and aerospace-focused firms merge, but …read more […]

Goldman Sachs is out with a dour read on the state of the U.S. manufacturing sector. …read more […]

(Bloomberg Opinion) — With Netflix Inc. soaring to new highs, it may be tempting to think video-streaming platform Roku Inc. might be the next big stay-at-home play amid heightened demand for viewing options in a coronavirus world. But investors should be wary of any comparison between the two companies as they have drastically different business models. Simply, Roku is no Netflix.Late Monday, Roku updated its financial guidance for the quarter ended in March, projecting a slightly higher sales range of $307 million to $317 million, versus its prior forecast of about $305 million. The company said it saw increased …read more […]

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What time does the stock market close? This may seem like a simple question, but it’s important for new traders to understand completely. In general, the New York Stock Exchange (NYSE) and the Nasdaq are both open Monday through Friday from 9:30 a.m. to 4 p.m. Eastern Standard Time (EST).
Trading stocks outside of these hours comes with its own set of circumstances. Moreover, there are nine federal holidays in which the market is closed each year.

What Time Does the Stock Market Close in the United States?
The New York Stock Exchange and the Nasdaq are the two primary stock exchanges in …read more […]