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Trading Ideas

3 “Stay at Home” Stocks to Keep Your Portfolio Healthy

March 16, 2020 admin Comments Off on 3 “Stay at Home” Stocks to Keep Your Portfolio Healthy

There is something everyone can do to combat the coronavirus’ spread: stay home. Along with proper hygiene, healthcare officials are urging people around the world to practice social distancing by staying home as much as possible and avoiding restaurants, bars, cinemas and other crowded places. This public health intervention could slow the virus’ transmission dramatically, which has now infected more people globally than within China for the first time since the outbreak began-Given the current volatile state of the market, fears related to the economic impact of social distancing have spiked. While it’s true these efforts have left the service …read more […]

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‘Once there’s signs of a flattening out, I think we could see a very significant rebound’: Torsten Slok

March 16, 2020 admin Comments Off on ‘Once there’s signs of a flattening out, I think we could see a very significant rebound’: Torsten Slok

Deutsche Bank Securities Chief Economist Torsten Slok joins Yahoo Finance’s Alexis Christoforous and Brian Sozzi to break down the high volatility in the markets amid the coronavirus outbreak and what investors should be looking for as they invest. …read more […]

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3 Grocery Stocks to Benefit From the Coronavirus Panic Buying

March 16, 2020 admin Comments Off on 3 Grocery Stocks to Benefit From the Coronavirus Panic Buying

Confirmed cases of coronavirus disease in the US have expanded dramatically, from only 100 just two weeks ago to more than 3,300 now. As the disease spreads, the Federal government has declared a national emergency and released $50 billion in aid for States and territories to fight the viral outbreak. At the same time, the Federal Reserve cut its key interest rate back to near-zero, and announced that it will initiate a $700 billion program of quantitative easing.The governmental moves, welcomed by the business community, have at best only partially stemmed the feeling of panic in the general public. Grocery …read more […]

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Carnival Warns of Loss, Moves to Shore Up Liquidity

March 16, 2020 admin Comments Off on Carnival Warns of Loss, Moves to Shore Up Liquidity

(Bloomberg) — Carnival Corp., the largest player in a cruise industry reeling from the effects of the coronavirus, said it expects a loss this fiscal year and is taking steps to improve liquidity.The efforts include cutting investments and expenses and looking for additional financing, Carnival said in a statement Monday. The company said it provided notice on Friday to borrow about $3 billion for six months under an existing credit facility, fully drawing down the credit line to meet working capital, general corporate and other needs.The spread of the coronavirus has made it impossible to project earnings, the company said, …read more […]

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‘We’re in unusual market conditions right now’ which triggered the circuit breakers: President of the New York Stock Exchange

March 16, 2020 admin Comments Off on ‘We’re in unusual market conditions right now’ which triggered the circuit breakers: President of the New York Stock Exchange

Stacey Cunningham, President of the New York Stock Exchange, joins Yahoo Finance’s Ines Ferre to discuss the impact of the coronavirus on the markets and what procedures are in place to prevent further declines. …read more […]