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3 Blockchain Stocks to Watch in 2020

If tech stocks or cryptocurrency are areas of interest for you, you may have considered looking into blockchain stocks as well. After all, blockchain technology is truly revolutionizing how people can account for, store and protect their data.

And even as interest in Bitcoin has waned, blockchain continues to remain a strong contender as one of the most important technologies going forward; other technologies of note will include artificial intelligence, the internet of things, the cloud, and several others.
Before I get into the list of the best blockchain stocks to watch for 2020, let’s take a look at what exactly …read more […]

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Boeing’s Days of Being the Bully Are Over

(Bloomberg Opinion) — To get Brooke Sutherland’s newsletter delivered directly to your inbox, sign up here.Boeing Co. was an aerospace industry bully for years, leveraging its position as the preeminent U.S. commercial-jet maker to squeeze its suppliers, badger its rivals with trade disputes and reportedly lobby for more oversight over the regulatory review of its own planes. Two fatal crashes and a global grounding of its best-selling 737 Max jet have upended the power dynamic. With its latest decision to halt production, Boeing’s comeuppance is complete.The company announced this week that it would completely shut down production of the Max …read more […]

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Hedge Funds Have Never Been More Bullish On Monroe Capital Corp (MRCC)

How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […] …read more […]

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Selling Puts With Freeport-McMoRan

In yesterday’s Trade of the Day, I wrote about naked put selling. And I showed you how we cashed in on Cisco Systems for a fat 25% gain in a short period of time. We’re doing it again in The War Room, but this time with Freeport-McMoRan (NYSE: FCX).
If you’ve been in The War Room for a while, you know that we’ve taken profits on Freeport-McMoRan already this year. But that was on the call side when we bought long-term equity anticipation securities (LEAPS) options.
“FCX JAN 2020, in @ .33, out @ .66, +100%, on War Room info, thanks Karim!” …read more […]

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Hedge Funds Are Warming Up To Baozun Inc (BZUN)

We are still in an overall bull market and many stocks that smart money investors were piling into surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Hedge funds’ top 3 stock picks returned 41.7% this year and beat […] …read more […]

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U.S. Steel says to lay off 1,545 workers in Michigan

United States Steel Corp plans to lay off as many as 1,545 workers at its Great Lakes Works facility in the electoral swing state of Michigan following its decision to indefinitely idle a “significant” portion of the facility. Domestic steel prices, after rising in the immediate aftermath of President Donald Trump’s crackdown on foreign imports, have fallen amid weakening demand from the auto and other manufacturing sectors. Steel production at the plant will stop around April 1 and the hot-strip mill rolling facility will cease operations before the end of next year, the company said in a statement …read more […]

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SEC Considers Opening Up “Accredited Investor” Status to More Investors

As it stands today, there are two separate startup investing ecosystems.
One is for accredited investors only, those who either make $200,000 a year in income or are worth more than $1 million. Accredited startup investing deals have been happening online since 2012 on sites like MicroVentures, AngelList and FundersClub.
Accredited investor deals are extremely easy to conduct. Startups use an exemption to securities laws called Regulation D. This means they don’t have to file a bunch of paperwork as they would with most security offerings. And they can raise unlimited funds.
Reg D deals have accounted for the vast majority of startup …read more […]

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Tesla shares inch closer to Musk's $420 take-private offer

The recent run-up is a stunning turnaround for the shares, triggered by a rare quarterly profit in October, news of production ramp-up in its China factory and upbeat early deposits for its recently launched electric pickup truck. Tesla’s shares were up 2.2% at $413 on Friday, trading 46% higher than Wall Street’s current median price target. …read more […]