Trading Ideas

Becky Quick said on CNBC’s “Options Action” that Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) sold some of its position in Delta Air Lines, Inc. (NYSE: DAL) and Southwest Airlines Co (NYSE: LUV).Berkshire’s stake in these companies was above 10% and it had to report any change within a few days, she said. Berkshire sold 12.9 million shares of Delta and it now owns 9.2% of the company. It sold 2.3 million shares of Southwest and it now owns 9.9%.Berkshire’s stake is these names is now below 10%, so we won’t know what it is doing with its position going forward, …read more […]

Insider buying can be an encouraging signal for potential investors.A number of insiders made return trips to the buy windows last week.Resort and railroad operators were among those seeing insider buying.Conventional wisdom says that insiders and 10% owners really only buy shares of a company for one reason — they believe the stock price will rise and they want to profit. So insider buying can be an encouraging signal for potential investors, particularly during periods of uncertainty.Insiders continued to take advantage of fallen share prices last week. The following are some of the most noteworthy insider purchases reported in the …read more […]

This weekend’s Barron’s examines the health of both the advertising industry and the internet.Other featured articles offer retail and biotech picks for after the pandemic, as well as relatively safe dividend aristocrats.Also, the prospects for a top telecom, the iPhone maker and more.”Google and Facebook Can’t Save the Advertising Industry This Time” by Eric J. Savitz points out that the advertising world is in crisis and there won’t be an industry bright spot like there was in 2008. See what that could mean for Facebook, Inc. (NASDAQ: FB) and many others.Savitz’s “Why You Don’t Have to Worry About the Internet’s …read more […]

Benzinga has examined the prospects for many investor favorite stocks over the past week. Bullish calls included e-commerce and software giants.Bearish calls included airlines and the leading electric vehicle maker.The main U.S. indexes closed out last week lower again, led by the more than 2% retreat by the Dow Jones industrial, as the effects of the coronavirus pandemic continued to spread. The March jobs report was worse than expected and new jobless claims shattered records again. Crude oil prices hit a multiyear low but tried to recover later in the week. And investors are already bracing for big bank reports …read more […]

Fannie Mae and Freddie Mac have taken several big steps to help homeowners stay in their homes despite the coronavirus-related job losses. However, those measures complicate the government-sponsored enterprises’ process of getting out of conservatorship and recapitalizing. So how will the coronavirus affect Fannie Mae’s and Freddie Mac’s progress toward release, and will they survive […] …read more […]

Summary My top idea is Microsoft Corporation (NASDAQ:MSFT) stock Market capitalization is over 1 trillion US dollars Rating: AAA (S&P and Moody’s) Competitors: Apple and Amazon Reasons why MSFT will outplay its competitors and emerge as one of the best investments Strong Fundamentals In 2019, Microsoft Corporation’s stock rose by almost 30% with impressive earnings. […] …read more […]

Mexican President Andres Manuel Lopez Obrador on Saturday called on Russia and Saudi Arabia to reach a deal soon and end their oil price war to avoid deepening the oil price crisis. Mexico and others have seen the prices for their crude exports battered in recent weeks after the fallout from the new coronavirus eroded demand and major oil producers could not agree on how to respond. “How can Russia and Saudi Arabia not come to an agreement in order to stop oil price declines that are further deepening the crisis?” Lopez Obrador asked. …read more […]

Nevada is likely to be hit the hardest by the coronavirus outbreak, according to research compiled by Moody’s Analytics. …read more […]

One of the few stocks that has benefited from the coronavirus pandemic is Zoom, although the stock is now under pressure due to privacy concerns. Zoom stock was up more than 100% this year because of its surge in popularity due to the worldwide quarantine and lockdowns. The shares climbed while most of the rest […] …read more […]

(Bloomberg) — More than 60,000 people have died globally from Covid-19 and the number of fatalities in the U.K. climbed to more than 4,300. Spain is planning to extend its state of emergency after the number of coronavirus cases surpassed those in Italy.In the U.S., fatalities rose to more than 7,000, and the Centers for Disease Control and Prevention recommended that Americans wear cloth masks to prevent the virus’s spread. At least a half-dozen ships are still at sea with passengers and crew on board as cruise lines navigate long trips back home and struggle to find ports willing to …read more […]

At-home entertainment is seeing a dramatic surge amid the coronavirus pandemic, with streaming platforms like Disney+ (DIS) and Netflix (NFLX) benefitting. …read more […]

Luckin Coffee (NASDAQ:LK) stock tanked more than 80% (and is down 66% at the time of this writing) after the company revealed an investigation that essentially proved what Muddy Waters alleged months ago. Luckin Coffee admitted to inflating its sales numbers after an internal investigation. Luckin Coffee reveals investigation In a press release filed with […] …read more […]

The coronavirus outbreak, or COVID-19, is pushing the U.S. economy further into historic territory. …read more […]

Some stocks are best avoided. We really hate to see fellow investors lose their hard-earned money. For example, we… …read more […]

Verizon Communications Inc. (NYSE:VZ) stock is about to trade ex-dividend in 4 days time. You will need to purchase… …read more […]