No Picture
Trading Ideas

Virgin Galactic Soars for… No Reason?

U.S. stocks are starting to look frothier. Just consider Virgin Galactic (NYSE: SPCE), the space tourism company founded by Richard Branson.
Virgin Galactic shares are up from $7.22 in early December to $36.39 as of this writing. The company now trades at an eye-popping $6.9 billion valuation.
So what happened? Why did this space stock go parabolic? Did the company successfully complete its first trip to the moon, or some other amazing feat?
Nope, Virgin Galactic still hasn’t flown any tourists into space.
Apparently, the stock is soaring on the news that the company is moving closer to launching paying customers into space after …read more […]

No Picture
Trading Ideas

Warren Buffett’s Apple stake hits $78.5B

Berkshire Hathaway’s stake in Apple has more than doubled to $78.5 billion since 2016. MIT Professor Sinan Aral and Yahoo Finance’s Editor in Chief Andy Serwer join the On The Move panel to discuss what can be expected from Buffett’s shareholder letter due on Saturday. …read more […]

No Picture
Trading Ideas

California Eases Up on Sweeping Solar Mandate for New Homes

(Bloomberg) — California is backing away — ever so slightly — from its once-sweeping mandate requiring solar panels on virtually every new home.The California Energy Commission voted unanimously in favor of a measure proposed by the Sacramento Municipal Utility District to allow homes to get power from solar farms instead of rooftop panels.The move is a setback for Sunrun Inc., Vivint Solar Inc. and other panel installers betting on California’s mandate to boost sales. It also threatens to undermine a movement to make rooftop panels ubiquitous.California’s mandate was unprecedented when enacted in 2018 as part of former-Governor Jerry Brown’s effort …read more […]

No Picture
Trading Ideas

The Connection Between Self-Compassion… and Investment Success

As investors, we’re sure to experience losses at some point. Some of us may even dwell on them and fall into a cycle of self-criticism.
Today, Joel Wade explains why it’s important that we show ourselves compassion – and how that practice can help our future wealth building.

Editor’s Note: In today’s essay, contributing writer Joel Wade offers our readers a valuable lesson… for investing and life in general. For those who aren’t already familiar with Joel, he’s a highly experienced life coach, therapist, author and teacher – giving him unique insights into investor psychology and the journey toward a rich life.
Take …read more […]