Trading Ideas

Scott Clemons, Brown Brothers Harriman Chief Investment Strategist, joins Yahoo Finance’s Alexis Christoforous, Brian Sozzi, Heidi Chung and Dan Roberts to discuss how the markets are faring amid the coronavirus outbreak. …read more […]

Many major retailers say they can’t pay rent for the month of April — and they are asking their landlords for deferrals. …read more […]

On your mark, get set, go! The race is on to find an effective vaccine against COVID-19, the novel coronavirus that has spread to 471,000 people around the world and claimed more than 21,000 lives. According to the Coalition for Epidemic Preparedness Innovations (CEPI) chief executive Dr. Richard Hatchett, the current pandemic rivals the deadly 1918 Spanish flu, and thus finding a defense against the virus is of utmost importance. “There is a real sense of urgency…because the threat we are facing is unprecedented in the last 100 years in terms of its speed and potential severity,” he commented. …read more […]

We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […] …read more […]

MFA stock is up over 200% after deciding to cancel dividend payouts. MFA Financial (NYSE:MFA) made the announcement on March 25th due to the coronavirus outbreak and the uncertainty in the stock market.
This decision was made to give MFA time to assess how the stock market drop will affect their business overall. Since the press release, the company’s stock is surging in the right direction.
MFA Financial is a real estate investment trust that primarily invests in residential mortgage assets. This includes residential mortgage-backed securities and whole loans.

How Has the Announcement Affected MFA Stock?
Before the announcement on March 25th, MFA Financial …read more […]

Tom Essaye, The Sevens Report Founder, joins Yahoo Finance’s Alexis Christoforous, Brian Sozzi and Jared Blikre to discuss the latest market action. …read more […]

Axon Enterprise, Inc. (NASDAQ:AAXN), which is in the aerospace & defense business, and is based in United States, saw… …read more […]

(Bloomberg) — Boeing Co. and its suppliers moved one step closer to a federal rescue that would provide at least $60 billion to help ride out the coronavirus pandemic, people familiar with the planemaker’s thinking said.The aerospace industry including Boeing would be eligible to tap a slice of the roughly $500 billion to be distributed by Treasury Secretary Steven Mnuchin under a $2 trillion economic stimulus package passed by the Senate late Wednesday. Boeing could also claim part of $17 billion in loans for companies deemed critical for national security.Boeing executives combed through the legislation before passage while evaluating proposals …read more […]

The company said it may suspend operations at more facilities, adding that it continues to run the majority of its U.S. domestic operations and plans to continue operations in other parts of the world . Caterpillar said it was executing business continuity plans and warned of likely supply constraints, and that it could use alternative sources to redirect orders to other distribution centers. Caterpillar in January said it expected adjusted profit in 2020 in the range of $8.50 to $10 per share on the back of a further decline in equipment sales. …read more […]

Pioneer Natural Resources Company (NYSE:PXD) stock is about to trade ex-dividend in 3 days time. If you purchase the… …read more […]

Initial jobless claims skyrocketed last week as the U.S. economy feels the pain of the COVID-19 pandemic. …read more […]

Federal Reserve Chairman Jerome Powell told the NBC’s Today that the central bank still has plenty of tools left to support a U.S. economy that may already be in recession. …read more […]

Micron Technology Inc (MU) sees solid third-quarter revenue as the need to work from home due to the coronavirus outbreak restrictions is boosting demand for data center and notebook services.The chipmaker forecasts third-quarter revenue to be in the range of $4.6 billion to $5.2 billion, and gross margin to be in the range of 31%, plus or minus 150 basis points. Operating expenses are expected to come in at about $825 million, plus or minus $25 million. EPS is forecast to be around $0.55 based on a share count of about 1.14 billion fully diluted shares.Wall Street analysts are upbeat …read more […]

General Motors Co and Ford Motor Co have widely touted their commitment to emission-free electric cars, but their production plans show a growing reliance on ever-larger gas-powered vehicles. The two biggest U.S. automakers will make more than 5 million SUVs and pickup trucks in 2026, but only about 320,000 electric vehicles, according to detailed production plans for North America seen by Reuters. …read more […]

Due to restrictions on large gatherings, the general meeting of shareholders to approve certain matters for the deal to go through has been postponed to June 30, Mylan said. There were no other changes to previously announced terms or plans pertaining to the deal, previously expected to close in mid-2020, the companies said. The merger, which will bring blockbuster treatments Viagra and Lipitor from Pfizer under one umbrella with Mylan’s EpiPen, is part of years-long effort by Pfizer to split into three parts – innovative medicines, lower margin off-patent drugs facing generic competition and consumer healthcare. …read more […]