Trading Ideas

While it’s a bullish start to the day, failure to break through to key levels could lead to a reversal… …read more […]

Boeing Co has hired investment banks Lazard and Evercore Inc to assess potential U.S. government assistance or private sector loans, a person briefed on the matter confirmed on Friday. “We’re going to be meeting with Boeing,” President Donald Trump told reporters on Friday. “Boeing has not asked for aid yet but I think they probably will… We can’t let anything happen to Boeing.” …read more […]

(Bloomberg) — Airlines receiving $100 million or less in payroll assistance from the U.S. government won’t need to provide a financial stake in exchange, the Treasury Department said as it began sending offers to the beleaguered carriers.“This determination will provide significant support to workers and businesses across the country, while also appropriately compensating taxpayers,” Treasury Secretary Steven Mnuchin said in a statement on Friday evening.The agency said it had received 230 applications for aid from passenger carriers. It is working with 12 that would get more than $100 million and is discussing what sort of financial instruments it will require …read more […]

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Square’s Cash App is moving to let people use their accounts to receive U.S. government stimulus funds.The post Square’s Cash App opens doors for users to receive U.S. coronavirus stimulus funds in their accounts appeared first on The Block. …read more […]

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In this article, Early Investing co-founder Adam Sharp looks at the current market environment amid COVID-19. Will the economy get better? And if not, where should you be putting your money? Read on to find out.
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If you looked only at the stock market, you’d think things were going pretty well in the fight against COVID-19.
After falling more than 30% in just a few weeks, the S&P 500 has rallied back 23%. And it’s officially exited bear market territory.
On the medical front, quarantines appear to be working to flatten the curve. Heroic efforts are underway to create a vaccine. But …read more […]

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Oil prices fell back towards the $20 mark as the largest oil production cut in history failed to assuage oil market fears. …read more […]

Mental health professionals have reported increased cases of severe anxiety and depression as a result of the coronavirus crisis.
But Alexander Green has a different idea about what’s keeping wealth builders up at night.

President Donald Trump regularly calls the mainstream media “the enemy of the American people.”
That’s an overstatement, to be sure. But he isn’t completely off base.
The media isn’t your friend.
Journalists are supposed to report the news as accurately and objectively as they can.
They utterly fail at this. And most of us realize it.
A recent Gallup poll found that just 13% of Americans trust the media “a great deal.”
An even …read more […]

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U.S. Treasury Secretary Steven Mnuchin is holding calls with airline CEOs throughout the day and could announce details of a $32 billion payroll grant package later this afternoon, people briefed on the matter told Reuters. U.S. President Donald Trump said on Thursday that airlines could receive details this weekend about the terms of the package meant to offset the impact of the coronavirus outbreak this weekend. Under the $2.3 trillion CARES Act, passenger airlines are eligible for $25 billion in cash grants for payroll while cargo carriers can get $4 billion and airport contractors like caterers and airplane …read more […]