Trading Ideas

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Trading Ideas

You Need to See a Psychiatrist

October 3, 2019 admin Comments Off on You Need to See a Psychiatrist

To stay on top of their game, many top traders – like pro athletes – seek the help of coaches and psychiatrists.
Today, Nicholas Vardy explains why every investor needs to understand the role that psychology plays in their own investing too.

Have you seen the TV show Billions?
The hit series follows the trials and tribulations of billionaire hedge fund manager Bobby Axelrod, founder of Axe Capital.
The series is based on the real-life saga of the battle between hedge fund legend Steven Cohen of S.A.C. Capital Advisors and U.S. Attorney for the Southern District of New York Preet Bharara.
One of the show’s …read more […]

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BitGo enters into staking space, offering up to 13% annual returns

October 3, 2019 admin Comments Off on BitGo enters into staking space, offering up to 13% annual returns

Cryptocurrency custodian BitGo has ventured into the staking space, supporting two tokens initially – Dash (DASH) and Algorand (ALGO). The new service means BitGo’s clients can now stake the two tokens and earn passive income in the range of 7-13% p.a., according to a press release shared with The Block on Thursday.The post BitGo enters into staking space, offering up to 13% annual returns appeared first on The Block. …read more […]

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Trading Ideas

Goldman Faces $260 Million Hit From Equity Bets as Uber Plunges

October 3, 2019 admin Comments Off on Goldman Faces $260 Million Hit From Equity Bets as Uber Plunges

(Bloomberg) — Goldman Sachs Group Inc.’s bets on four companies delighted investors a quarter ago. This time around, they’re inflicting about $260 million of pain.Those losses are driven by investments made for its own account in Uber Technologies Inc. and Avantor Inc., which both slumped in the third quarter. The ride-hailing company has seen a third of its market value erased after a woeful public-market debut, while Avantor lost 23% in the same period. That led to hits of more than $100 million each for Goldman.Goldman was barred from selling its holdings in the companies immediately after they went public, …read more […]

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U.S. regulator OKs start of Elba Island LNG production for Kinder Morgan

October 3, 2019 admin Comments Off on U.S. regulator OKs start of Elba Island LNG production for Kinder Morgan

U.S. regulators approved Kinder Morgan’s request to start production of liquefied natural gas at the first plant of its new export facility, a year after it had been originally due to begin operations, filings showed this week. It is also quite unusual among U.S. facilities, employing modular technology to build much smaller “trains,” or plants, than its peers at 0.3 million tonnes a year (mtpa) capacity compared to around 5 mtpa for other U.S. trains. The Federal Energy Regulatory Commission (FERC) approved its request to “commence service for liquefaction and export activities” at the first train in a …read more […]

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3M’s Dividend History and Safety

October 3, 2019 admin Comments Off on 3M’s Dividend History and Safety

Some of the world’s best investors stick to dividend portfolios. They know that a steady stream of income is a top wealth building strategy. And finding the best deals is vital. So today, we’re going to review another one of the best dividend stocks around. Let’s take a look at 3M’s dividend history and safety…
Business Overview and Highlights
3M (NYSE: MMM) is a $90 billion business based out of Minnesota. The diversified manufacturing business employs 93,000 people. Last year 3M pulled in $33 billion in sales and that works out to $352,000 per employee.
The company operates within the industrial sector and …read more […]