Trading Ideas

Saudi Arabia, Russia and their allies will press Mexico on Friday to join an accord for collective oil production cuts equivalent to 10% of global supplies and will push the United States and other producers to remove a further 5%. The plan for cuts top the agenda for Friday’s video conference of energy ministers from the Group of 20 (G20) major economies, after Moscow, Riyadh and others in the OPEC+ group forged a deal in marathon talks on Thursday, only to have it stumble when Mexico balked at the initiative. Oil prices have plunged to their lowest in …read more […]

It’s nice to see the Lipocine Inc. (NASDAQ:LPCN) share price up 13% in a week. But spare a thought for the long term… …read more […]

SkyBridge Founder and former White House Communications Director Anthony Scaramucci says the 2008 downturn taught traders a key lesson for how to weather the current upheaval. …read more […]

Saudi Arabia, Russia and their allies will press Mexico on Friday to join an accord for collective oil production cuts equivalent to 10% of global supplies and will push the United States and other producers to remove a further 5%. The plan for cuts top the agenda for Friday’s video conference of energy ministers from the Group of 20 (G20) major economies, after Moscow, Riyadh and others in the OPEC+ group forged a deal in marathon talks on Thursday, only have it stumble when Mexico balked at the initiative. Oil prices have plunged to their lowest in two …read more […]

Whilst it may not be a huge deal, we thought it was good to see that Sai Ho, who is a company insider, recently bought… …read more […]

Alcohol stocks may appear to be a good play in the age of Covid-19. After all, everyone’s stuck home with little to do beyond eating, drinking and watching Tiger King. It certainly is reasonable to think that under these circumstances, the alcohol industry could see a bit of a boon.
Before we look at the situation the alcohol industry finds itself in right now, let’s take a look at the alcohol industry and how alcohol stocks have been doing prior to Coronavirus.

The Alcohol Industry
An alcohol stock is a sin stock. That means it belongs to an industry that many people find …read more […]

Make sure you have three financial accounts to manage your money: Savings, checking, and retirement. They work together to provide security. …read more […]

Americans have received conflicting information on when they will receive stimulus checks. But there’s good news: checks will hit their bank accounts soon. …read more […]

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Oil and natural gas stock Chesapeake Energy (CHK) has announced that the company’s expected reverse stock split is set to occur on April 13, subject to shareholder approval.With shares now trading at just $0.17, the reverse split is intended to increase the per share trading price to satisfy the $1 minimum bid price requirement for continued listing on the NYSE.As a result of the reverse stock split, every 50 to 200 (as determined by the company’s board) shares of CHK’s common stock will automatically combine into one share, and the number of shares of common stock outstanding will be accordingly …read more […]

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(Bloomberg) — U.S. Vice President Mike Pence and one of the top U.S. health officials said reopening the country’s economy hinges on the government seeing major communities at the end of their coronavirus outbreaks and developing treatments for the disease, among other hurdles. U.K. Prime Minister Boris Johnson was taken out of intensive care Thursday evening and moved back to the main hospital ward.The number of confirmed cases has reached nearly 1.6 million globally as of April 10, according to data collected by Johns Hopkins University and Bloomberg News. U.S. cases now stand at 461,437 compared to Spain with 153,222 …read more […]

Saudi Arabia’s energy minister said on Friday that a final OPEC+ oil supply pact to reduce 10 million barrels per day (bpd), which was agreed on Thursday, hinges on Mexico joining in the cuts. OPEC, Russia and other allies, a group known as OPEC+, outlined plans on Thursday to cut their oil output by more than a fifth, but said a final agreement was dependent on Mexico signing up to the pact after it balked at the production cuts it was asked to make. …read more […]

Singapore has suspended the use of video-conferencing tool Zoom by teachers, its education ministry said on Friday, after “very serious incidents” occurred in the first week of a coronavirus lockdown that has seen schools move to home-based learning. One of the incidents involved obscene images appearing on screens and strange men making lewd comments during the streaming of a geography lesson with teenage girls, according to local media reports. Zoom Video Communications Inc ZM.O has been plagued with safety and privacy concerns about its conferencing app which has seen a surge in usage as offices and schools around …read more […]