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Will It Matter for U.S. Airlines With the Government as a Shareholder?

With the U.S. government on the cusp of providing airlines with a bailout, travelers might wonder how flying may change, since the Treasury Department soon may take equity stakes in carriers in exchange for government assistance due to coronavirus. But travelers may be disappointed. Yes, the government could own pieces of airlines, and airlines will […] …read more […]

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Hedge Funds Are Betting On Nutanix, Inc. (NTNX)

Coronavirus is probably the 1 concern in investors’ minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […] …read more […]

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False Bottom or Start of Something Big: On This Rally’s Stamina

(Bloomberg) — In the stock market lately, only one thing is constant: speed.After falling into a bear market at the fastest rate ever, the S&P 500 just recorded its quickest three-day advance in nine decades. As absurd as it may seem, the Dow’s already started a fresh bull market — up more than 20% from the lows — after more than $2 trillion in value was created in three days.Is it a bear-market bounce or something more sustainable? Nobody could possibly know for sure. While stocks had surely priced in a huge amount of pain, nothing compares with the coronavirus …read more […]

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Were These Hedge Funds Right About Selling Exelixis, Inc. (EXEL)?

Coronavirus is probably the 1 concern in investors’ minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […] …read more […]

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Invest When There Is Blood in the Streets

One of the best times to put your money to work is when there’s “blood in the streets.”
Today, Nicholas Vardy explains why contrarian investing is the true way to wealth.

Say you’ve decided to become rich.
You may think the key is to be the founder of the next Microsoft or Google or eBay.
As it turns out, there is a far easier way to achieve your goal.
And it doesn’t involve setting up a business in your garage and winning the Silicon Valley lottery.
Yes, the transformation of startups to multinational corporations has minted many of today’s wealthy.
But there is an easier – and …read more […]

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3 Gold Penny Stocks With Over 70% Potential Upside

Is your portfolio as good as gold? The precious metal has gained in price this year, as the coronavirus epidemic hit economies hard and investors went seeking a safe store of value. Gold, of course, is the traditional financial safe haven, and the price rose above $1,600 per ounce this month. It showed a deep dip in last week’s market crash, but rose again sharply in yesterday’s general market rally. The Comex price is now $1,650.Of course, precious metals are not the only investment. We may be in a bear market, and COVID-19 may have shuttered large sections of the …read more […]