Welders work on the Strategic Petroleum Reserve pipeline on June 1, 1980, in West Hackberry, Louisianna. Begun under President Ford to reduce the threat of oil embargoes, the SPR crude oil is stored in huge underground salt caverns along the Gulf of Mexico, a natural choice due to the proximity of many refineries and distribution
Chinese coffee chain Luckin Coffee (OTCMKTS:LKNCY) has been in the news for a number of reasons. Most recently, it announced the possibility of exiting bankruptcy by raising capital and securing a new restructuring deal. Now post-announcement, LKNCY stock has been doing well and is up some 50% since its Mar. 15 close. Source: NewsToday /
It’s interesting the way a company can completely fly under the radar until a special purpose acquisition company (SPAC) is mentioned. A case in point would be LM Funding America (NASDAQ:LMFA), as Wall Street didn’t seem to care much about LMFA stock until a SPAC spin-off was announced. Source: Wright Studio / Shutterstock.com In actuality, I’ll
Opportunities. Source: Shutterstock That’s the key word for today. And let me tell you … there are a lot of them right now. On today’s new episode of MoneyLine, I share multiple opportunities popping up in a variety of investment trends. They’re being created by everything from the blow up of a $20 billion hedge
In this article BAC Patrick T. Fallon | Bloomberg | Getty Images Bank of America is expanding its racial justice initiative, devoting more funding toward advocacy and equality for communities of color. “The urgency we feel to address long-standing issues of inclusion and racial inequality has only increased following the attacks and hate speech directed
In this article CHWY PVH LULU ILMN Signage is seen ahead of the IPO for Chewy at the New York Stock Exchange, June 14, 2019. Andrew Kelly | Reuters Check out the companies making headlines after the bell on Tuesday: Chewy – Shares of the pet-product retailer rose 8% after the company reported fourth-quarter results
Anyone betting against Express (NYSE:EXPR) stock at these levels is betting on significant improvement. And there’s not a whole lot of reason to see that improvement on the way. Source: Helen89 / Shutterstock.com Because here’s the thing: it’s not a matter of the company improving off of 2020 results. Last year was dreadful for Express,
Energy prices have been on a rollercoaster ride over the years, with the Covid-19 pandemic inflicting immense damage. The price of Brent crude fell from $66.67 at the beginning of 2020 to below $25 in early May of last year, a stunning 63% decline in a very short period of time. However, energy prices have
Operating in a niche sector you might have never even considered. AquaBounty Technologies (NASDAQ:AQB) specializes in environmentally responsible fish farming techniques. If you like what you’ve heard so far, then AQB stock might be for you. Source: Pavel Kapysh / Shutterstock.com In the realm of fish farming, land-based aquaculture is a growing trend. AquaBounty’s aquaculture technologies
Tilray (NASDAQ:TLRY) has been giving shareholders plenty of excitement in 2021. TLRY stock is up over 160% in 2021 so far. So should investors get excited about TLRY stock? Source: Shutterstock Statistics do not always tell the whole truth. A recent selloff has sent the stock down almost 20% since March 15. With a beta
Listen to Preston’s podcast about studying billionaires here: https://itunes.apple.com/us/podcast/the-investors-podcast/id928933489 Elon Musk is a widely renowned investor, inventor, innovator, and engineer with a net worth of $20.2 billion, according to the latest report from Forbes. He is the founder and CEO of Space Exploration Technologies Corporation (SpaceX), where he is also the company’s chief product designer.
If you invest or trade in the stock market and want to achieve the big results, there’s a process and a system you have to go through to get there. I want to share a concept with you that will not only help you in your stock trading but also in every area of life.
Kevin Matras goes over why some people lose in options more than others and how to turn the odds of success in your favor.
The Coronavirus, Aid, Relief, and Economic Security Act (CARES Act) directed lenders holding federally-backed mortgages to suspend borrowers’ payments for up to a maximum of 360 days if they had experienced financial hardship due to the Coronavirus outbreak. The Consolidated Appropriations Act (CAA), 2021, which became law Dec. 27, 2020, and the American Rescue Act of
In this article GS VIAC DISCA 8604.T-JP CSG.N-CH GME CNBC’s Jim Cramer on Monday implored younger investors to stay in the market for the long term, despite turbulent events this year, including, most recently, the forced liquidation of positions held by a multibillion dollar family office. “We don’t want it to be 2000 when we
No matter what the market circumstances are, everybody wants to get a deal if they could find one. The problem today is seeking out viable undervalued stocks. Seemingly, everything has gone to the moon — which is one indicator that perhaps everything isn’t all that well. To be fair, there are some undervalued stocks that
For some gamblers, it’s not enough to bet on who will win or lose a game. Micro-betting is shaping up to be a major tailwind for sports betting equities like DraftKings (NASDAQ:DKNG) stock. Source: Lori Butcher/Shutterstock.com DraftKings is one of the best-known and most successful sports betting names on the market today. The stock is
I’ve been following Virgin Galactic (NYSE:SPCE) stock since not long after it joined the public markets. It’s been a bumpy ride. Source: Christopher Penler / Shutterstock.com In November, just days after its SPAC (special purpose acquisition company) merger closed, I highlighted SPCE stock on my Moneyline podcast. At the time, SPCE stock already looked like
In this article MS GS 8604.T-JP CSG.N-CH VIACP People are seen on Wall St. outside the New York Stock Exchange (NYSE) in New York City, March 19, 2021. Brendan McDermid | Reuters When investors are stampeding for the exits, it pays to be first out the door. That’s what happened when falling shares in ViacomCBS
In this article TWTR FLY PEBO PFBI AMZN V BILI BA TME CALM LUV 8604.T-JP CSCO GS VIAC DISCA CG Take a look at some of the biggest movers in the premarket: Discovery Communications (DISCA), Viacom (VIAC) – Both stocks remain on watch this morning, after significant declines last week. A source with direct knowledge