Trading Ideas

(Bloomberg) — Boeing Co. expects several thousand workers to retire or accept a buyout offer as the planemaker races to shrink its operations amid a historic unraveling of global travel from the coronavirus pandemic, said a person familiar with the company’s plans.The manufacturer will start by offering the exit package in the U.S., while selectively hiring for critical programs such as defense and space, said the person, who asked not to be named because the discussions are confidential. Boeing is also weighing a production cut for wide-body jets as demand falls, although no changes have been made as yet, the …read more […]

Oil prices fell on Friday, coming off their biggest one-day gains in the previous session after U.S. President Donald Trump said he had brokered a deal between Saudi Arabia and Russia to cut output, but made no offer to reduce U.S. production. U.S. West Texas Intermediate (WTI) crude futures fell 5.2%, or $1.32, to $23.98 a barrel, after having surged 24.7% on Thursday. Trump told reporters at the White House late on Thursday he had made no offer to cut U.S. output. …read more […]

(Bloomberg) — Oil slipped below $25 a barrel following a record surge as doubts crept in over U.S. President Donald Trump’s claim he had brokered a deal that would see deep supply cuts from Saudi Arabia and Russia.Futures advanced almost 25% in New York on Thursday after Trump tweeted that he expected the two leading producers to slash output by 10 million barrels or more. However, the Kremlin later said that President Vladimir Putin had not spoken to his Saudi counterpart and hasn’t agreed to reduce production. Citigroup Inc. said any deal was too little, too late.See also: Trump’s Push …read more […]

‘[If] you are an entrepreneur, if you’re a small business operator, you need to be cognizant and you need to apply ASAP,’ Mark Cuban says. …read more […]

United Airlines is losing more than $100 million in revenue per day and making plans to reduce payroll expenses and permanently retire some older mainline and 50-seat regional aircraft if air travel demand does not return later this year, President Scott Kirby told employees Thursday in a town hall meeting. “While we all think that […] …read more […]

For reasons that I still don’t entirely understand, when I turned 40, I decided that I would become a runner.
Not a casual runner. Not running just to get some exercise.
I didn’t even want to run just a marathon.
My goal was to become an ultramarathoner. Ultramarathons are races that are longer than a marathon (typically 50 kilometers or longer) and take place over difficult terrain.

Here I am at one of the best moments of my life, receiving my finisher Lost Soul “rock” for completing 100 kilometers. My kids were actually proud of me!

It is an absurd hobby. I’ve done six so …read more […]

(Bloomberg) — Asian stocks looked poised to open higher following a volatile session in the U.S., with oil producers well supported after President Donald Trump said Russia and Saudi Arabia would cut production.The S&P 500 closed up 2.3% with energy shares the best performers, while consumer discretionary stocks lagged after jobless claims doubled from last week to 6.6 million. Futures in Japan climbed, Australian shares opened higher and U.S. contracts were little changed in Asia. Treasuries retreated Thursday amid a slew of corporate supply. West Texas crude slipped back below $25 a barrel after surging 22% on Thursday — an …read more […]

In the past five years, U.S. airlines have boosted profits by adding extra summer flights to Europe, capitalizing on consumers’ near insatiable desire to travel abroad in June, July, and August. But on Thursday American Airlines admitted the great summer European cash grab will not return in 2020. American announced a slew of global cuts […] …read more […]

Euphoria. Disbelief. Fear. Panic. Self-doubt. Disbelief. Euphoria.
These are the emotions and feelings most people go through when a market has just peaked…
Now it’s headed the other way.
Normally investors go through these emotions over the course of a few months. This time they’re happening ALL at once!
At market tops, people are euphoric, stocks are going higher and everything is good.
Disbelief sets in when a shock to the system, like the coronavirus pandemic, starts making headlines and the market starts to gyrate.
Then fear comes when the market starts to fall every day and the bad news keeps coming. Panic starts when people …read more […]

Rates have dropped this week and are giving homeowners new opportunities to save. …read more […]

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Stock futures kicked off the overnight session TKTKTK Thursday as market participants considered mounting signals of labor market devastation amid the still-escalating coronavirus pandemic. …read more […]

The deadly and rapidly spreading COVID-19 outbreak has been wreaking havoc on companies around the world. Nevertheless, some companies — including online pet product retailer Chewy — have emerged as winners amid the chaos. …read more […]

Editor’s Note: Our very own Matthew Carr just launched a YouTube channel!
Each week, Matthew will share with viewers his tips and tricks on maximizing returns while minimizing risk… especially during these tumultuous times.
I’ll even tell you a secret…
His video for tomorrow features a special furry friend!
Click here to watch the first episode and SUBSCRIBE to the free channel.
– Kaitlyn Hopkins, Assistant Managing Editor

In times of chaos, there is opportunity.
And even during great upheavals – as my colleague David Fessler loves to say – “Technology marches on.”
Yes, we are living through a surreal moment.
But this new environment – this new way …read more […]

‘This surprisingly high level of bullishness supports our own view that we haven’t yet seen investor capitulation, echoing what we’ve seen in other data sets,’ writes RBC’s head of U.S. equity strategy Lori Calvasina. …read more […]