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Trading Ideas

Oil falls 2 percent, U.S. crude hits lowest since early April

June 4, 2018 admin Comments Off on Oil falls 2 percent, U.S. crude hits lowest since early April

Oil prices fell about 2 percent on Monday, with U.S. crude touching its lowest level in nearly two months, breaking below technical support levels as investors kept selling amid growing U.S. production, possible global supply growth and nagging trade tensions. “We are breaking key levels of support now,” said Phillip Streible, analyst at RJO Futures in Chicago. OPEC ministers from Saudi Arabia, the United Arab Emirates, Kuwait and Algeria, along with their counterpart from non-OPEC Oman, met unofficially in Kuwait on Saturday. …read more […]

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The Latest: Guatemala volcano death toll rises to 62

June 4, 2018 admin Comments Off on The Latest: Guatemala volcano death toll rises to 62

The known death toll for the eruption of Guatemala’s Volcano of Fire has taken a sudden jump upward. The director of Guatemala’s National Institute of Forensic Science says that 62 bodies have been recovered following the eruption. The bodies were recovered in the hamlets of Los Lotes and El Rodeo. …read more […]

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The Greatest Short-Term Threat to Stocks

June 4, 2018 admin Comments Off on The Greatest Short-Term Threat to Stocks

Editor’s Note: Don’t worry, I’m not offended. But I am a surprised no one wrote me last week.

After all, I’d promised some “big news” regarding your free Investment U subscription after Memorial Day.

Next Monday, June 11… the look, feel and name of your daily e-letter will be transformed.

Oh, it’ll still be free. But the mission behind our nearly 20-year-old Investment U e-letter has evolved… along with your needs.

Chief Investment Strategist Alexander Green and ETF Strategist Nicholas Vardy strive to do more than educate you about investing and leave you to fend off the wolves of Wall Street.

Rather, they want you …read more […]

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Aide: EPA’s Pruitt sought used Trump hotel mattress

June 4, 2018 admin Comments Off on Aide: EPA’s Pruitt sought used Trump hotel mattress

Environmental Protection Agency chief Scott Pruitt had a top aide seek a used mattress from the Trump International Hotel and perform other personal chores for him, according to an email and testimony from the aide released Monday. The account from Pruitt scheduling director Millan Hupp is in a letter House Democrats sent Monday to Oversight committee Chairman Trey Gowdy, R-S.C. Hupp appeared before a panel of House oversight committee staffers earlier this month. …read more […]

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Justices side with Colorado baker on same-sex wedding cake

June 4, 2018 admin Comments Off on Justices side with Colorado baker on same-sex wedding cake

The Supreme Court ruled Monday for a Colorado baker who wouldn’t make a wedding cake for a same-sex couple in a limited decision that leaves for another day the larger issue of whether a business can invoke religious objections to refuse service to gay and lesbian people. The justices’ decision turned on what the court described as anti-religious bias on the Colorado Civil Rights Commission when it ruled against baker Jack Phillips. The justices voted 7-2 that the commission violated Phillips’ rights under the First Amendment. …read more […]