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Trading Ideas

How We’re Covering Our #$$ During This Market Uncertainty

What makes the stock market so fascinating is that you can make money no matter which direction it moves…
Bryan Bottarelli, The War Room’s Head Trade Tactician, has been showing members how to do just that with a mix of picks that have been killing this market day after day. He does it by playing short-term moves up and down, buying calls when the market goes up and buying puts when it goes down.
That’s balance!
And our track record since this crisis began shows it. The War Room has recorded a more than 90% win rate during this downturn, and you can …read more […]

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Trading Ideas

Spanish Flu vs. Coronavirus

There are exactly zero active investors alive today who have managed a retirement portfolio through a truly global pandemic.
We need to go back 100 years to the Spanish flu outbreak of 1918 to find an event similar to the one we are going through today.
I’m glad for that…
Today I want to take a look at what happened to the stock market 100 years ago during the Spanish flu as investors navigated through that terrifying experience.
I believe revisiting what happened then can provide us with invaluable advice on what we should be doing today.
The Spanish Flu’s Terrible Toll: 50 Million to …read more […]

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Trading Ideas

Southwest Says It’s Losing ‘Big Money’ on Every Flight

(Bloomberg) — Southwest Airlines Co. is losing “big money” on every flight, raising the risk of worker furloughs in the longer-term despite billions of dollars in immediate aid from the U.S. government.The biggest U.S. discounter is “appreciative” of the package of loans and cash assistance approved by the Senate and awaiting a vote in the House of Representatives, Chief Executive Officer Gary Kelly said Thursday. If approved and signed by President Donald Trump, the program would provide an option to secure cash “that’s at least accessible, and quickly and simply,” he said.Airlines have been battered as the spread of coronavirus …read more […]

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US STOCKS-Wall Street tumbles as U.S. virus cases pass 100,000

Wall Street stocks tumbled on Friday, ending a massive three-day surge after doubts about the fate of the U.S. economy resurfaced and the number of coronavirus cases in the country climbed. U.S. stocks deepened their losses late in the session, even after the House of Representatives approved a $2.2 trillion aid package – the largest in American history – to help people and companies cope with an economic downturn caused by the coronavirus outbreak and provide hospitals with urgently needed medical supplies. …read more […]

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Bitcoin Was Made for Times Like These

On Tuesday, Larry Kudlow, director of the U.S. National Economic Council, said that the size of the stimulus package being debated in Congress will reach $6 trillion. Of that $6 trillion, $2 trillion is coming in the form of direct aid to individuals, small businesses, the airline industry, midsized companies and more. The remaining $4 trillion comes in the form of lending power for the Fed.
Assuming the bill is signed into law, the cost of this package will be larger than the annual U.S. federal budget, which was expected to come in at around $4.3 trillion this year.
And I don’t …read more […]

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Carnival Seeks Up to $7 Billion Amid Global Travel Halt

(Bloomberg) — Carnival Corp. is in talks to raise as much as $7 billion as the cruise ship operator seeks to shore up its finances amid a halt on global travel, according to people with knowledge of the matter.The company, looking to raise cash to improve liquidity as the Covid-19 pandemic upends its business, is being advised by lenders including JPMorgan Chase & Co., said the people, who requested anonymity because the matter is private.Carnival is discussing issuing a mix of debt and equity, the people said. Options include issuing $3 billion to $7 billion in senior secured first-lien debt, …read more […]