No Picture
Trading Ideas

Exxon Well Blast Caused Huge Methane Leak in Ohio, Study Shows

(Bloomberg) — An Exxon Mobil Corp. natural gas well in Ohio released more methane into the atmosphere during a blowout in 2018 than some countries do in a year, according to a team of American and Dutch scientists.Using data from satellites, the researchers found that a well explosion in Belmont county on Feb. 15 of that year discharged the potent greenhouse gas at a rate of about 80 tons an hour and lasted for nearly 20 days. The end result was more methane in the air than the oil and gas industries of France, Norway and the Netherlands emit over …read more […]

No Picture
Trading Ideas

Hedge Funds Aren’t Crazy About STMicroelectronics N.V. (STM) Anymore

Amid an overall bull market, many stocks that smart money investors were collectively bullish on 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. Our research shows that most of the stocks that smart money likes historically generate strong […] …read more […]

No Picture
Trading Ideas

Amazon Cuts Off FedEx Ground for Prime Holiday Shipments

(Bloomberg) — Amazon.com Inc. says third-party merchants can no longer use FedEx Corp.’s ground delivery network this holiday season because it’s too slow — highlighting the e-commerce giant’s growing power over how products get to shoppers.Amazon sent a message to sellers Sunday night instructing them of the change, according to notifications reviewed by Bloomberg. Some Amazon sellers complained about receiving the change less than two weeks before Christmas when holiday spending is peaking. Their alternatives include United Parcel Service Inc.’s ground service.“It’s insane for them to do this on such short notice,” said Molson Hart, whose company Viahart sells toys …read more […]

No Picture
Trading Ideas

How to Profit During the Most Wonderful Time of the Year

We’re heading into the most wonderful time of year…
No, not the holidays – that time of year is fine.
But earnings season starts a month from now! Can you believe it? Where has the time gone?
In the third week of January, companies will begin reporting fourth quarter and year-end results. We’ll find out which companies – financially speaking – have been naughty and which have been nice.
For long-term investors, it’s a good time to look at our stocks and analyze the companies’ full-year performance. Then, we can determine whether it makes sense to continue holding the stocks.
For shorter-term investors or traders, …read more […]

No Picture
Trading Ideas

Netflix's Asia-Pacific business has biggest gains over the past three years

In an 8-K filed on Monday, the company provided details on its international business ahead of its January fourth-quarter earnings report, which will disclose revenue and membership by region for the first time. Netflix provided a benchmark for investors, releasing historical streaming revenue, membership and average revenue per paying streaming membership by region for each quarter of 2017 and 2018; for the first three quarters of 2019; and for the twelve-month periods ended Dec. 31, 2017 and 2018 and the nine-month period ended Sept. 30, 2019. In the Asia-Pacific region – the company’s smallest – revenue was up …read more […]

No Picture
Trading Ideas

Amazon bans sellers from using FedEx Ground for Prime shipments: WSJ

According to the Wall Street Journal, Amazon has banned third-party sellers from using FedEx’s ground delivery services for its prime delivery shipments. The ban reportedly does not extend to FedEx Express or FedEx Home, which third-party sellers can still use, while other services like UPS and USPS are still available for them to use. Scott Gamm reports from the floor of the New York Stock Exchange. …read more […]

No Picture
Trading Ideas

Tesla on pace for highest close in two years

Tesla shares are up 5%, making the tech company on pace for its highest close in two years. This comes as analysts at Oppenheimer highlighted photos of Tesla vehicles produced in the under-construction China factory, and said expectations for the Shanghai facility were increasing. …read more […]

No Picture
Trading Ideas

Hyster-Yale Materials is the Most Purchased Insider Stock in 2019

When it comes to recognizable stock names, Hyster-Yale Materials Handling (NYSE: HY) isn’t a name that immediately comes to mind.
In fact, you’ve probably never even heard of the company before…
After all, this Cleveland, Ohio-based farm and heavy construction machinery company makes a line of lift trucks, attachments, and aftermarket parts. Hyster-Yale Materials won’t find itself on anyone’s list of top 2020 investment ideas.
However, there’s a very good reason I’d like to bring it to your attention today, which is why I’ve decided to feature it in today’s Trade of the Day.
But first, I admit…
By all counts, Hyster-Yale doesn’t pop off …read more […]