Trading Ideas

In the market, it’s as if the novel coronavirus scare never happened. After a rough end to January, stocks have come roaring back. Major averages are back to all-time high levels, surpassing the previous records set on January 17.
The reality of coronavirus is different, of course. More than 900 deaths have been attributed to the virus, and more than 40,000 cases have been confirmed in China. More than 300 cases have been confirmed outside of China in 27 different countries and territories.
But that could be just “the tip of the iceberg,” the World Health Organization says.
And the economic impact is …read more […]

With Medicare for all and other giant programs, Sanders would more than double federal spending. …read more […]

President Donald Trump’s persistent calls for the Federal Reserve to lower interest rates are an effort to juice the economy and stock market ahead of the 2020 U.S. presidential elections, according to at least one strategist. …read more […]

(Bloomberg) — California Governor Gavin Newsom isn’t the only potential obstacle facing PG&E Corp.’s plan to finish its bankruptcy case by June 30. Fire victims who blame the utility for their losses could also derail it.U.S. Bankruptcy Judge Dennis Montali warned the company and its backers that it needs to win broad support from fire victims or face a backlash of anger when they vote on the proposal this spring. If the victims, who are considered creditors, reject the plan, Montali said he may block it.The looming vote from fire victims is a reminder of the precarious balancing act PG&E …read more […]

The company did not change its target to achieve profitability on an adjusted basis by the end of 2021 despite its larger rival Uber Technologies Inc last week moving forward by a year its profitability target. Lyft reported revenue of $1.02 billion in the fourth quarter, ahead of analysts who expected $984 million in quarterly revenue, according to IBES data from Refinitiv. Lyft operates only in the United States and some Canadian cities. …read more […]

It sure didn’t take long for this free Trade of the Day recommendation to hit!
A quick review…
Back on January 7, I published a Trade of the Day article, titled “Why Zynga Stock Is Compelling Right Now.”
As a refresher, it read…
For many years, I’ve played Words with Friends, which is a form of Scrabble, developed by mobile video game publisher Zynga (Nasdaq: ZNGA). I admit, it’s a fun game. It keeps me engaged while I’m stuck in an airport or in a doctor’s waiting room – or – really – anytime I need to kill 10 minutes.
However, for as long …read more […]

The Disneyland resort in California is raising ticket prices by 3% to $154 for a single day, according to Bloomberg. Yahoo Finance’s Jared Blikre, Brian Cheung, and Dan Howley joins Seana Smith on The Ticker to discuss. …read more […]

Some of the world’s best investors stick to dividend stocks. They know that a steady stream of income is a top wealth building strategy. And finding the best deals is vital. So today, we’re going to review one of the best dividend stocks around. Let’s take a look at Walgreens dividend history and safety.
The company’s valuation is beaten down and it might be a great buying opportunity. New threats have pushed the share price down but Walgreens has a long history of adapting…
Walgreens Business Overview and Highlights
Walgreens Boots Alliance (Nasdaq: WBA) is a $47 billion dollar business. The company is …read more […]

(Bloomberg Opinion) — Cars are very important to oil producers, obviously. Not just because they drink up the stuff. They also offer a ghost-of-Christmas-future dose of foresight.Daimler AG, the epitome of luxuriously engineered combustion, just slashed its dividend by 72%. As my colleague Chris Bryant wrote here, Tuesday’s announcement capped a string of profit warnings and other setbacks. That the stock actually rose briefly on this news tells you just how desperate investors were for a strategic reset, Band-Aid rip notwithstanding.It is the cut to Daimler’s payouts that should have oil executives sweating.Coronavirus has made amateur virologists out of many …read more […]

One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will… …read more […]

The country’s second largest city is scrambling to figure out ways to pay their existing employees and retrain prospective employees to fuel the labor market. …read more […]

Samsung has debuted three new flagship smartphones with 5G connectivity and major camera changes. …read more […]

The Wuhan coronavirus death toll continues to be a serious concern.
The first fatality was reported on January 9.
But as of Monday morning, more than 40,000 people had been infected and 910 people worldwide had died. And that’s since the outbreak began in December.
The Wuhan coronavirus outbreak is now deadlier and more widespread than the SARS outbreak from November 2002 to July 2003.
But a couple of weeks ago, I warned investors not to get caught up in the pandemic panic.
And that there was a profitable trend we need to remember… The market anxiety over epidemics is short-lived.
Almost always, the first …read more […]

Restaurant Brands International Inc. (NYSE: QSR) reported earnings yesterday morning on February 10th, topping analysts’ expectations. As a result, Restaurant Brands International (RBI) stock popped up briefly from a $63.84 close on Friday to $65.91 at 10:00 A.M. before dropping back down to trade around $64 in the late morning.
It closed on the day at $65.68 and opened today at $65.80.
Restaurant Brands International Fourth Quarter Results
The company reported quarterly sales growth of 9.9% in 2019 Q4. This was largely driven by 42% growth in sales from subsidiary restaurant unit Popeyes. The popularity of its previously viral new chicken sandwich was …read more […]

While the cannabis market enters 2020 with tons of promise, the year is turning into one of whether companies can operate within the current scope of the market. Aurora Cannabis (ACB) is no exception with the September quarter producing a C$40 million EBITDA loss and the near-term revenue boosts highly in doubt. In response, the company cut costs via restructuring and the CEO retired in order to generate a path towards EBITDA profits.With at least 1.2 billion shares outstanding, the stock has a market value of ~$1.84 billion. The guidance for quarterly revenues of only C$64 million isn’t going to …read more […]