Trading Ideas

(Bloomberg) — Asian stocks drifted lower after the year’s biggest run-up, though investors largely shrugged off the vote in the U.S. House to impeach President Donald Trump. American futures were flat.Equities dipped in Tokyo, Sydney and Hong Kong. They were flat in Seoul. Australia’s dollar climbed after job gains beat forecasts for November and the unemployment rate fell. Ten-year Treasury yields held around 1.90% after rising Wednesday. Shanghai stocks were largely unchanged in early trading after the central bank mounted another liquidity injection in advance of what’s typically a cash squeeze around year-end.Global stocks are close to all-time highs, though …read more […]

With a track record of streamlining Peugeot’s portfolio of vehicles, engines and platforms and offering generous layoffs Carlos Tavares has a ready-made manual for combining France’s most profitable carmaker with Fiat Chrysler (FCA). FCA, which is merging with Peugeot owner PSA in a $50 billion combination, has so far failed to reach sustainable profitability for its small passenger car business in Europe, something which Tavares found a successful formula for at Opel and Peugeot, which are both heavily exposed to the segment. Before Tavares took on Peugeot in 2014 it was loss-making, requiring a capital injection from the …read more […]

President Donald Trump was impeached in the sharply divided House of Representatives Wednesday on overwhelmingly partisan votes for what Democrats say was an effort to get Ukraine to investigate one of Trump’s potential rivals in the 2020 election. Trump was impeached on two articles, one for abuse of power and one for obstruction of Congress, with critics alleging he tried to stymie the House’s investigation into his request to the Ukrainian president to investigate Joe Biden and his son Hunter. The question now goes to the Republican-controlled Senate in a trial on the charges. …read more […]

(Bloomberg) — A defining moment in the history of the oil-refining and shipping industries is at hand.In fewer than two weeks, thousands of ships the world over will be forced to use fuel containing less sulfur in order to comply with global rules set out by the International Maritime Organization. Those who don’t could face penalties and even imprisonment. Ports are deploying drones to — literally — sniff out wrongdoers. The regulations are having a profound effect on oil refineries and the cost of seaborne trade looks set to rise.What’s the big deal? For decades, shipping has been the oil …read more […]

Dec.18 — Sunny Bangia, deputy portfolio manager at Antipodes Partners, talks about Chinese stocks and the yuan. He speaks with Paul Allen and Shery Ahn on “Bloomberg Daybreak: Australia.” …read more […]

(Bloomberg) — Boeing Co. got downgraded by Moody’s Investors Service as the grounding of the 737 Max plane extends into next year, jeopardizing the company’s financial future.Moody’s cut Boeing one level to A3, four levels above speculative grade, noting the uncertainty around when the company’s best-selling aircraft will return to service, analyst Jonathan Root said in a report Wednesday. The suspension will increase Boeing’s program costs as well as airlines’ and lessors’ claims for compensation, not to mention a potentially more lasting reputational risk, Root said.Boeing plans to halt production next month of the 737 Max, which has been grounded …read more […]

High-quality stocks with a high valuation rank, a new GuruFocus rank Continue reading… …read more […]

On Wednesday, Bank of America released its most recent streaming survey, which was predominantly focused on on Netflix subscriber intentions following the Disney+ launch. Among the top takeaways was that overall cancellation intention for Netflix is down slightly to 4% versus 5%, suggesting limited Disney impact. Nat Schindler, Bank of America Director of Equity Research, joined The Final Round to discuss. …read more […]

Micron’s first quarter results were in-line with estimates and revenue slightly above expectations. Micron sees its second quarter guidance EPS at 35 cents per share, while analysts were calling for 40 cents per share. Yahoo Finance’s Myles Udland, Jen Rogers and Dan Roberts discuss on The Final Round. …read more […]

(Bloomberg) — Micron Technology Inc. gave a strong forecast for the current quarter, adding to optimism that demand for memory chips is rebounding.Revenue will be $4.5 billion to $4.8 billion in the fiscal second quarter, Micron said in a statement. Analysts had projected $4.76 billion, according to data compiled by Bloomberg. Adjusted earnings will be 35 cents a share, plus or minus 6 cents. Analysts estimated 40 cents a share on average.Wall Street has been predicting a recovery in demand and expects the market for computer and smartphone components will return to growth in the second half of next year. …read more […]

Kinder Morgan (NYSE: KMI) is one of the more popular pipeline companies with investors.
The stock pays a $0.25 per share quarterly dividend, which comes out to a 5% yield.
Kinder Morgan has 84,000 miles of oil and gas pipelines and 157 terminals.
The company generates plenty of cash flow. Cash available for distribution (CAD) is the measure of cash flow used by pipeline companies, and Kinder Morgan’s CAD has been growing over the past few years, albeit slowly.
In 2019 and 2020, CAD is forecast to grow 3% each year. It is forecast to be $4.87 billion this year and $5.03 billion in …read more […]

Managing expectations is never easy – especially when it comes to Wall Street.
And when it comes to WaltDisney (NYSE: DIS), the plot thickens even more.
You see, Disney stock zoomed higher back in November when the company released its new Disney Plus streaming service. And then, the upside continued when Frozen II exceeded box-office receipts.
Add it all up, and Disney is up 34% over the last 52 weeks, which is outpacing the 27% gain of the S&P 500.
But now it could be setting up for a disappointment, which is why I’m bringing it to your attention in today’s Trade of the …read more […]

It’s a question of investing with borrowed money Continue reading… …read more […]

A new survey shows companies are increasingly valuing soft skills for employees, especially recent graduates. …read more […]

2019 has come and has almost gone. It was a good year for early investors. But it could have been so much better. If only certain things had zigged instead of zagged. Next year, I’m hoping for more zigging and less zagging. So here are my eight wishes (one for each day of Hanukkah) to make that happen in 2020…
1. A bitcoin ETF. Is this too much to ask? I don’t think so. Then again, I don’t work for the Securities and Exchange Commission (SEC). And the SEC has been pretty clear that it is too much to ask. The …read more […]