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Your Second Chance at the Dot-Com Bubble

Remember the 1990s? It was a heady time for investors.
Stocks surged to unprecedented heights as excitement about the internet’s promise captured the world’s imagination. It was an era of “hot initial public offerings (IPOs)” featuring unprofitable companies like Pets.com.
These companies went public based on hype, hope and “new-era” metrics like eyeballs. And investors couldn’t get enough of them.
The dot-com bubble was truly a mania. It seemed like everyone in America was trading stocks and bragging about their winnings.
And a few key factors suggest we are a long way from those days…
Stock valuations: Today’s price-to-earnings (P/E) ratios are higher than average, …read more […]

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New Software Flaw Could Further Delay Boeing’s 737 Max

(Bloomberg) — Boeing Co. has identified a new software flaw in the grounded 737 Max that will require additional work, possibly further delaying the plane’s return to service.The company alerted the U.S. Federal Aviation Administration and is notifying customers and its suppliers, it said in an emailed statement. Boeing’s best-selling jet was grounded on March 13 after two fatal crashes involving a flight-control system.The issue involves how software on the plane checks itself to ensure it’s receiving valid data, said a person familiar with the issue who wasn’t authorized to speak publicly about it. It occurs when the system is …read more […]

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Cruise line: Grandpa leaned out window before girl's fall

An Indiana man charged with negligent homicide in his young granddaughter’s fatal fall from a cruise ship’s open window in Puerto Rico leaned out of that window for several seconds before he lifted the child up to it and she fell, the cruise operator alleges in a court filing. Royal Caribbean Cruises’ Jan. 8 filing in U.S. District Court in Miami comes in response to a lawsuit t he parents of Chloe Wiegand filed in December, accusing the operator of negligence in her death by allowing an 11th floor window in the ship’s children’s play area to be open. …read more […]

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How to Cash In Quick With Spirit Airlines

Yesterday, War Room members enjoyed a double win!
Members not only cashed in on another winner…
They learned a valuable lesson on how to beat a market maker, which I’ll get to in a minute.
First, the winner. Members cashed in on a quick 25% short-term profit from a longer-dated put sell with Spirit Airlines (NYSE: SAVE).
A put sell involves selling a put option at a higher price with the goal of buying it back at a lower price. Your profit is the difference in price.
That being said, put selling also comes with strings attached…
There is no freelunch on Wall Street (unless it’s …read more […]

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Why Trump’s Trade Pact With China Is a Very Big Deal

The U.S.-China trade war has cast a black cloud over the U.S. economy and stock market for the last two years.
Alexander Green explains why the Phase One deal reached yesterday means blue skies ahead for equity investors.

The U.S. stock market climbed to an all-time high Wednesday. It did again Thursday. Then it hit another record today.
We don’t have to wonder why.
The announcement of this week’s trade agreement with China is not just a big deal.
It’s the most significant economic accomplishment of the Trump administration to date.
Yes, deregulation was a plus. Corporate tax reform provided a boost as well.
But – let’s …read more […]

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The 11 Stock Market Sectors and Performance

The stock market can be an overwhelming place, especially if you’re new to the scene. With so many stocks to choose from, you might not know where to begin. That’s why knowing the stock market sectors can help.
Sectors break up the stock market into smaller pieces. By understanding them, you can better know where you want to invest your money.
What Are the Stock Market Sectors?
Stock market sectors are groups of stocks based on similar characteristics. This can include related products, services, or shared operations. Morgan Stanley Capital International (MSCI) alongside Standard and Poor’s built this classification system. There are 11 …read more […]

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Boeing addresses new 737 MAX software issue that could keep plane grounded longer

Boeing Co said on Friday it is addressing a new software issue discovered in Iowa last weekend during a technical review of the proposed update to the grounded Boeing 737 MAX, a development that could further delay the plane’s return to service. “We are making necessary updates,” Boeing said in a statement. The monitor check is prompted by a software command at airplane or system power up, and will set the appropriate indication if maintenance is required, company officials added. …read more […]

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Judge slashes $8 bln Risperdal award against Johnson & Johnson to $6.8 mln

A Pennsylvania judge on Friday slashed to $6.8 million from $8 billion a punitive damages award against Johnson & Johnson for allegedly failing to warn men that they could grow breasts by using its antipsychotic drug Risperdal. The decision by Judge Kenneth Powell of the Philadelphia Court of Common Pleas to reduce punitive damages for the plaintiff Nicholas Murray followed a jury’s imposition of the original award last Oct. 8. Murray, like other male plaintiffs in mass tort litigation over Risperdal, claimed that he developed breasts after being prescribed the medicine when he was a boy. …read more […]