Trading Ideas

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(Bloomberg) — Equity markets across the Middle East slumped after the worst week for oil prices since 2008 and as more cases of the coronavirus were announced in the region.Kuwait halted trading of the biggest listed companies as its markets reopened following a three-day holiday last week. The suspension happened after the nation’s Premier Market index retreated almost 11%. Dubai’s gauge fell as much as 5.1% to the lowest level since 2018, while those in Saudi Arabia, Abu Dhabi and Egypt extended losses from last week.In Riyadh, Saudi Aramco fell to its lowest level since an initial public offering in …read more […]

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China’s private sector PMI numbers from the weekend and news updates on the coronavirus are not what the markets were hoping for… …read more […]

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Traders are looking for sharply lower markets on Monday in response to China’s dismal manufacturing PMI report. The report is likely to cause a volatile reaction in the crude oil market. …read more […]

Readers hoping to buy BHP Group (ASX:BHP) for its dividend will need to make their move shortly, as the stock is about… …read more […]

(Bloomberg) — The first U.S. coronavirus death. Signs the outbreak is squeezing China’s economy. A possible outbreak in Washington State. Trading may have stopped, but the drumbeat of alarming headlines hasn’t. That’s making investors anxious about what happens when markets reopen.While considerable bad news has been priced in to stocks, with the S&P 500 down 13% in seven sessions and volatility surging, markets have to date been helpless to right themselves amid a torrent of virus-related headlines that continued into Saturday.“The news flow today is quite negative and it will make the narrative between now and Monday morning even more …read more […]

China isn’t a country that cares a lot about human lives or human rights. Their 1 focus is economic growth and progress. So, I was a little surprised when I first heard about China’s draconian policies about containing the coronavirus epidemic. Just a few weeks earlier, Chinese government officials tried to silence whistle blowers, hide […] …read more […]

It is possible that, in a connect-the-dots sort of way, the coronavirus might beat the president.
Hear me out. Presidents tend to lose reelection when their first term ends in recession…
It happened to George Bush (41). It happened to Jimmy Carter. It happened to Herbert Hoover. (Though Hoover didn’t just lose in a recession – he lost in the middle of the Great Depression.)
But should the coronavirus damage markets further… could it happen to President Trump?
Indicators I’ve been following have been pointing to a recession – thus suggesting that reelection may be a pipe dream – for some time.
Clue No. 1: …read more […]

Billionaire Paul Singer’s Elliott Management has taken a ‘sizable stake’ and intends to ‘push for changes’, reports Bloomberg NewsA major Republican donor has purchased a stake in Twitter and is reportedly seeking to oust its chief executive, Jack Dorsey.Bloomberg News first reported that Elliott Management has taken a “sizable stake” and “and plans to push for changes at the social media company, including replacing Dorsey”.Paul Singer, the billionaire founder of Elliott Management, is a Republican mega-donor who opposed Donald Trump during the real-estate magnate’s run for the presidential nomination but has since come onside.After a White House visit in February …read more […]

Nearly 1 in 3 people have been pressured by a family member or friend to buy from their multilevel marketing companies (MLMs). …read more […]

There’s been a major selloff in Gulfport Energy Corporation (NASDAQ:GPOR) shares in the week since it released its… …read more […]

Joe Coulombe, who founded Trader Joe’s, the popular grocery known for “Two Buck Chuck” wine and trendy items, died Friday at his California home. …read more […]