Trading Ideas

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Trading Ideas

How to Cut Your Risk and Maximize Your Gains in Today’s Market

February 3, 2020 admin Comments Off on How to Cut Your Risk and Maximize Your Gains in Today’s Market

It’s a mistake for investors to find themselves in a constant state of reaction to the daily news..
As Alexander Green explains, you should focus on maximizing your wealth creation and long-term gains.

In Thursday’s column, I advised investors against reacting to the daily headlines whether they deal with “the impeachment crisis,” “the coronavirus crisis” or some other crisis du jour.
This is tough for some folks, especially those new to the investing game.
Every day they see changing interest rates, commodity prices, currency values, economic indicators, political events and stock market valuations.
As a result, they often feel a strong compulsion to “do something.” …read more […]

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Bernard Ebbers, WorldCom CEO Convicted of Fraud, Dies at 78

February 3, 2020 admin Comments Off on Bernard Ebbers, WorldCom CEO Convicted of Fraud, Dies at 78

(Bloomberg) — Bernard Ebbers, the ousted chief executive officer at WorldCom Inc. whose corporate malfeasance led to imprisonment, has died. He was 78.He died Sunday, surrounded by his family at home in Brookhaven, Mississippi, a little more than a month after his early release from prison, according to a family statement released by his lawyer, Graham P. Carner. No cause was given.A federal judge ordered Ebbers released in December for medical reasons after he had served more than 13 years of a 25-year sentence. Ebbers, a onetime milkman and bar bouncer, led a fledgling company — originally named Long Distance …read more […]

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Ford’s Lending Arm Is Generating More Profit Than Ever

February 3, 2020 admin Comments Off on Ford’s Lending Arm Is Generating More Profit Than Ever

(Bloomberg) — Aside from F-Series pickups hauling in gobs of profit, Ford Motor Co.’s automotive business isn’t carrying much weight lately.Thank goodness for the finance guys.Ford Credit, the lending arm that’s become accustomed to propping up the company in good times and bad, now generates about half the automaker’s profit, up from 15% to 20% in the past.Ford Credit is designed to perform a relatively simple task: make loans to the dealers stocking vehicles, then the consumers who buy them. Now, Ford is relying on its finance unit to help fund multibillion-dollar outlays on electric and self-driving cars while it …read more […]

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Major Indices Look to Start the Week in the Green, Fears over Coronavirus still weigh on Markets

February 3, 2020 admin Comments Off on Major Indices Look to Start the Week in the Green, Fears over Coronavirus still weigh on Markets

Invesco Chief Global Market Strategist Kristina Hooper and FBB Capital Partners Director of Research Mike Bailey join Yahoo Finance’s Alexis Christoforous, Brian Sozzi and Jared Blikre to discuss the latest market action on The First Trade. …read more […]

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Pound Slumps Most in Seven Weeks as Johnson Rejects EU Demands

February 3, 2020 admin Comments Off on Pound Slumps Most in Seven Weeks as Johnson Rejects EU Demands

(Bloomberg) — Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.The pound headed for the biggest slump in seven weeks as clashing statements from the U.K. and the European Union fueled fears that talks between the two sides on a future trade deal will be fraught.Sterling fell more than 1% to lead losses among Group-of-10 currencies, wiping out last week’s advance. EU chief negotiator Michel Barnier said in Brussels that a “highly ambitious” trade deal is on offer for the U.K. — but only if London agrees to its rules. Speaking minutes …read more […]