Trading Ideas

Bitcoin’s price clocked fresh 2020 highs on Wednesday after online payments company Paypal announced support for cryptocurrencies. …read more […]

When you buy shares in a company, it’s worth keeping in mind the possibility that it could fail, and you could lose… …read more […]

Yahoo Finance’s Emily McCormick joins The First Trade with Alexis Christoforous and Brian Sozzi to discuss recent earnings reports from Verizon, Abbott and Biogen. …read more […]

Snap posted Snapchat’s highest daily active user growth rate since 2017 and significantly topped Wall Street revenue expectations for the third quarter of 2020. On the stellar results, investors rallied behind the stock — which rocketed up more than 20% in early trading Wednesday to new all-time highs. Shortly after the market open, Snap shares […] …read more […]

(Bloomberg Opinion) — Wall Street used to worry that business would be severely impaired if employees ever lost access to their office and the high-tech workstations on which they depend. The Covid-19 pandemic changed all that. In this year’s grand working-from-home experiment, traders did just fine: They connected from remote locations and minted billions of dollars in revenue, allowing their firms to post record trading profits.Unfortunately, we’re starting to see that the big investment banks may have been less effective in policing staff behavior recently.Two of Morgan Stanley’s most senior trading bosses are leaving after the company discovered the use …read more […]

‘Tightrope’ Author Nicholas Kristof joins ‘Influencers with Andy Serwer’ to discuss the 2020 Presidential election and to describe what he calls a ‘nightmare scenario’. …read more […]

Bitcoin’s price clocked two-month highs above $12,370 on Wednesday. The options market expects a continued rally. …read more […]

It is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we’d be… …read more […]

Net income fell to $1.05 per share in the third quarter from $1.25 per share a year earlier, with about 5 cents of COVID-19-related net impacts, Verizon said. Total operating revenue for the wireless carrier fell 4.1% to $31.5 billion from a year earlier, hurt by lower customer activity and the timing of certain device launches. …read more […]

PPG Industries, Inc. (NYSE:PPG) last week reported its latest quarterly results, which makes it a good time for… …read more […]

Biden has proposed raising the capital gains tax rate from 20% to 39.6% for those making over $1 million. Biden would have to win the presidency and his Democratic Party would have to gain control of the Senate and keep control of the House of Representatives in the Nov. 3 election for his tax proposals to become law. The Biden campaign did not immediately respond to a request for comment. …read more […]

Banks that facilitated the U.S. government’s Paycheck Protection Program at first saw the effort as a small revenue booster with a patriotic bonus, shepherding $525 billion in loans to businesses slammed by the fallout of the COVID-19 pandemic. “The sense of anxiety is high,” said Vivian Merker, a management consultant to financial services firms at Oliver Wyman in New York. “They are gearing up for years of requests from regulators and there’s still reputational risk from PPP fraud even if they did all the right things to follow program rules.” …read more […]

Gold will average less than $2,000 dollars an ounce next year, a Reuters poll showed, as a record-breaking rally slows, although prices are still expected to touch new highs. Gold hit an all-time peak of $2,072.50 an ounce in August from around $1,300 in mid-2019, its fastest rally since the aftermath of the financial crisis a decade ago. The rally was driven by central banks responding to economic slowdown and the new coronavirus by cutting interest rates and pumping money into markets, which boosted gold by lowering returns on bonds and raising the threat of inflation. …read more […]

It’s official. All bets are closed.
We’ve been getting up before sunrise and writing this letter for four years… and nobody has shut us down.
Somebody, somewhere has lost some money.
The odds were against us. The truth doesn’t get much respect these days.
But we’ve found a way to tell it… and we even picked up a few misfit pals along the way.
If you’ve been with us for the past 1,250 or so essays, well, thank you.
Your loyalty means the world to us.
If you’re a bit newer to the page, our gratitude is just the same. Like-minded folks need a place to gather.
Heavy …read more […]

Company Expands Reseller Network into Middle EastVANCOUVER, BC and ERIE, Pa., Oct. …read more […]