No Picture
Trading Ideas

Profit Like Crazy in This Quarantined World (Part 2 of 3)

Do you remember the Trade of the Day from February 24?
It was titled “My Top Coronavirus Picks.”
My recommendation that day was simple. I recommended War Room members buy Clorox (NYSE: CLX).
Those who followed that advice wrote me this afternoon – telling me how much money they made.
As you’ll see, the profits are mind-blowing…
One member made out like a bandit with a 592% gain, while another member made a whopping 161%!
“My CLX $185 ca11 yesterday for $2.63 is up to $18.20 – continue cleaning, America!” – M.P.
“CLX April 17 $185 in yesterday at $8.40, out today $21.95.” – R.M.
My point of …read more […]

No Picture
Trading Ideas

Is Chevron’s Dividend Safe with Lower Oil Prices?

Dividend investors are concerned with recent market volatility. But Chevron’s dividend history is long and it might now make a better addition to income portfolios. Investors have beat down Chevron’s stock. They’re worried that lower oil prices might lead to a dividend cut. So, let’s take a look at the business, dividend history and payout safety going forward.
Chevron Oil Business
Chevron is a $133 billion dollar business. The company is based out of California and it employs about 48,000 people. Last year Chevron pulled in $140 billion in sales and that works out to $2.9 million per employee.
The company is an …read more […]

No Picture
Trading Ideas

Think Twice Before Chasing These Four Yields

The bear was roused from hibernation and instantly set to work mauling investors.
The Dow Jones Industrial Average, Nasdaq and S&P 500 are plummeting.
On Monday, the indexes were at their lows and 30% off their highs set on February 12.
A 30% loss in a year is significant.
A 30% drop over four months is the expectation for a bear market.
A 30% step off a cliff in 33 days is historic.
In periods of market panic, many income investors go hunting for big, mouthwatering yields.
So in today’s Making the Grade, I look at some that either should be avoided or could face potential …read more […]

No Picture
Trading Ideas

Why U.S. Airlines Will Need to Lose the Hubris After We Bail Them Out

When the Trump Administration, a.k.a taxpayers, bails out U.S. airlines for $50 billion or more — it will happen, whether or not anyone uses the “b” word — many travelers will react with righteous indignation. They will say, how dare they? Or, they deserve to go out of business. These people will have a point. […] …read more […]

No Picture
Trading Ideas

Trump Considers Letting Homeowners Delay Mortgage Payments

(Bloomberg) — The Trump administration is considering a plan to allow homeowners whose income was cut by the coronavirus to delay mortgage payments. Still to be decided is a mechanism for borrowers to catch up.The government also will have to determine how to advance money to mortgage servicers so that investors in mortgage-backed securities get their guaranteed payments. “Tens of billions” in short-term financing may be needed, said Michael Fratantoni, chief economist at the Mortgage Bankers Association.“This is so big,” Fratantoni said. “We’re thinking of the potential of several months of payments for a lot of homeowners.”The White House has …read more […]

No Picture
Trading Ideas

Hedge Funds Were Buying Norwegian Cruise Line Holdings Ltd (NCLH) Before The Coronavirus

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 […]