Trading Ideas

John McCluskey became the CEO of Alamos Gold Inc. (TSE:AGI) in 2015. This analysis aims first to contrast CEO… …read more […]

(Bloomberg) — Stocks climbed alongside U.S. index futures after China took steps to contain the spread of a deadly virus that had rattled international markets. Haven assets retreated.Gains in utilities and media shares led the Stoxx Europe 600 Index higher at the open, taking a cue from Asia, where the major markets rebounded. Shanghai shares erased losses after Beijing said it will start a nationwide screening effort to tackle the outbreak. Contracts on the three main U.S. equity indexes all ticked higher.Treasuries and the yen dipped after gaining Tuesday on news of the contagion and potential disruption to spending during …read more […]

MONTREAL/SYDNEY/WASHINGTON (Reuters) – Airlines are scrambling to book time in 737 MAX training facilities as far afield as Fiji, Iceland and Panama, operators said, after Boeing Co recommended pilots be trained in one of the few simulators replicating the latest model. “Boeing is recommending that all 737 MAX pilots undergo training in a 737 MAX simulator prior to flying the aircraft in commercial service,” the company told Reuters on Tuesday evening, the first confirmation of its new policy. On Jan. 7, the company had recommended using a simulator but did not specify what type. …read more […]

(Bloomberg) — Tesla Inc.’s market value briefly crept above $100 billion for the first time, a threshold that will trigger a huge payout for Elon Musk if he can sustain the feat for months.The electric-car maker’s shares climbed as much as 1.4% in after-hours trading Tuesday after closing the regular session up 7.2%. At the post-market high of $555.10, Tesla’s market capitalization was roughly $100.1 billion, just short of Volkswagen AG’s $100.6 billion.Musk, Tesla’s billionaire chief executive officer, is eligible to receive the first tranche of an all-or-nothing pay award if the company’s market value stays above $100 billion for …read more […]

The milestone comes less than a month after Tesla’s stock crossed $420, the infamous price at which Chief Executive Officer Elon Musk had tweeted he would take the electric car maker private. Musk tweeted he had “funding secured” to take Tesla private in August 2018, when its shares were trading in the mid-$330s, only to later give up under investor pressure and regulatory concerns. Tesla shares were last up 1.4% at $555 after the bell, building on a 7.2% gain during trading when brokerage New Street Research raised its price target to $800. …read more […]

(Bloomberg) — Apple Inc. suppliers plan to begin assembling a new low-cost iPhone in February, people familiar with the plan said, as the company looks to address a wider swath of the global smartphone market ahead of its 5G handsets later this year.The Cupertino, California-based company is expected to officially unveil the new phone as early as March, one person familiar with its road map said. The assembly work for the new handset will be split among Hon Hai Precision Industry, Pegatron Corp. and Wistron Corp., the people added.This will be the first lower-cost iPhone model since the iPhone SE. …read more […]

Each home loan type has pros and cons. The right choice depends on your finances and goals. …read more […]

(Bloomberg) — Boeing Co. said its grounded 737 Max won’t be cleared to fly until the middle of this year, at least six months later than previously anticipated, adding to the company’s financial burden.The U.S. planemaker is resetting expectations as it addresses two recent setbacks for the embattled Max: a software flaw that will require more work than expected and an audit that found some wiring on the plane needs to be shifted. The final determination on when the Max will fly again remains in the hands of U.S. regulators, Boeing said in a statement Tuesday.The worsening timeline deepens the …read more […]

Dow component Johnson & Johnson earnings and existing home sales for December will be the focal points for investors Wednesday. …read more […]

Toyota Motor Corp said on Tuesday it will recall 3.4 million vehicles worldwide because of an electronic glitch that can result in air bags not deploying in crashes. The recall, which includes 2.9 million U.S. vehicles, covers 2011-2019 Corolla, 2011-2013 Matrix, 2012-2018 Avalon and 2013-2018 Avalon Hybrid vehicles. The vehicles may have an electronic control unit that does not have adequate protection against electrical noise that can occur in crashes, which could lead to incomplete or non-deployment of the airbags. …read more […]

As life becomes more and more digitally focused, cybersecurity becomes an increasingly important product on the market. And as that occurs, cybersecurity stocks are going to be increasingly important to the tech stocks sector. That means lucrative opportunities for you in cybersecurity stocks.
Plenty of high publicity cyberattacks have occurred in recent times against individuals, corporations and even governments. Cybersecurity companies like Palo Alto Networks and Fortinet are required to investigate the attacks that have occurred. And, more importantly, prevent future attacks from happening. Here are some statistics:

Global spending on cybersecurity is expected to hit $133.7 billion by 2022.
62% …read more […]

Billionaires at Davos’ World Economic Forum are harboring a “dirty little secret” about the U.S. presidential election in November, according to Niall Ferguson, Senior Fellow at Stanford University’s Hoover Institution. …read more […]

In the 1999 film Arlington Road, Jeff Bridges plays a professor who becomes obsessed with investigating his neighbors. After several plot twists, Bridges’ character becomes a suspect in a terrorism investigation.
“They have to put a face on it… to tell a story,” he says with resignation.
That line got me wondering: Who is the face of the stock market?
At various points, different people have embodied the stock market, putting a human face on what can often be a mysterious and indescribable beast.
For example, Alan Greenspan was the face of the market in the 1990s and early 2000s. As chairman of …read more […]

United Airlines Holdings Inc on Tuesday beat Wall Street estimates for quarterly profit and held to its 2020 profit target, with a turnaround strategy overseen by its outgoing CEO underpinning growth even as the Boeing 737 MAX remains grounded. Chicago-based United is one of three U.S. airlines cancelling more than 1,000 monthly flights in a hit to profits as the 737 MAX remains grounded following two deadly crashes in Indonesia and Ethiopia. Boeing said on Tuesday it does not expect to win approval for the return of the 737 MAX to service until mid-year, longer than previously …read more […]

The streaming giant, which had set aside $19 billion for content last year, is losing popular shows to new rivals, including 90s hit sitcom “Friends” that will move to AT&T Inc’s upcoming streaming platform HBO Max. Content from Comcast Corp, Disney, Fox and AT&T Inc-owned Warner Brothers accounted for more than half of Netflix’s viewing hours in 2019, according to Wedbush analysts. Netflix, which helped create the category of binge-watching, said on Tuesday it added 420,000 U.S. subscribers, below market estimates of 659,600, according to IBES data from Refinitiv. …read more […]