Month: July 2020

Who needs to be at The Oxford Club’s Private Wealth Seminar in Park City, Utah?
Thanks to technology and life in a COVID-19 world…
We can watch Karim’s presentation on demand!
It’s so engaging, even I crashed the party.
Check it out here!

And get this, Karim and I made a bold promise to War Room members last year.
We guaranteed 252 winning trades in one year or less… and we put big money on the line – betting $5 million we would hit it.
And guess what? We hit that number just eight months in!
And we haven’t slowed down… The War Room is averaging 10 winners …read more […]

Note: Today’s Safety Net comes from Assistant Research Manager Andrew Hubbarth. Chief Income Strategist Marc Lichtenfeld is currently returning from the 2020 Private Wealth Seminar in Park City, Utah, where he livestreamed to Oxford Club Members about the best opportunities in today’s market.

The popularity of traditional cigarettes has been in decline for years, but Altria‘s (NYSE: MO) dividend continues to rise as the company diversifies into new vices.
The days of the Marlboro Man and product placement in “cool” movie scenes are mostly gone – so Altria has shifted much of its attention to vaping and even marijuana.
But Altria still controls …read more […]

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Stock futures were slightly higher Wednesday evening as market participants continued to digest the Federal Reserve’s latest monetary policy statement, which was largely viewed as dovish. Investors looked ahead to the first report on US second-quarter GDP Thursday morning, along with more data on weekly jobless claims. …read more […]

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Fed Chairman Jerome Powell said Wednesday that the economy appears to have slowed since COVID-19 cases picked back up in mid-June. …read more […]

The coronavirus pandemic has pushed many consumers to do their shopping online. According to the U.S. Mint, this has resulted in a shortage of coins. …read more […]

Virgin Galactic released images of its interior cabin for the SpaceShipTwo. Passengers will be released at a very high altitude where they can float about the cabin.

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At Home Group shares jumped following the released of its preliminary second quarter results after hours on Wednesday, in which it reported net sales of approximately $515 million and more than a 40% increase in comparable store sales. The company’s CEO said it was “emerging from this pandemic stronger and even better positioned.” Yahoo Finance’s Jared Blikre joins The Final Round panel to break down the company’s preliminary results. …read more […]

Qualcomm released its third quarter earnings report after hours on Wednesday, beating investor expectations on both top and bottom lines. The company also released its fourth quarter revenue outlook which it forecasts between $5.5 billion to $6.3 billion, topping estimates. Yahoo Finance’s Jared Blikre joins The Final Round panel to break down the company’s earnings report. …read more […]

(Bloomberg) — Qualcomm Inc. gave a strong sales forecast for the current quarter, signaling that fifth generation mobile phone services are taking off. The chipmaker also announced a new licensing deal with China’s Huawei Technologies Co., sending shares up more than 12% in extended trading.Revenue excluding certain items will be $5.5 billion to $6.3 billion in the period ending in September, the San Diego-based company said Wednesday in a statement. Analysts, on average, estimated $5.77 billion, according to data compiled by Bloomberg. Including back payments from Huawei, sales will be $7.3 billion to $8.1 billion, the company said. Profit, excluding …read more […]

Up until a few years ago, energy storage was expensive. Many thought it a poorly understood, niche technology.
But technology marches on. And battery energy storage technology does as well.
Prices for this tech are dropping. And energy densities and demand are increasing.
Energy storage is big. And it’s about to get even bigger.
Record-Breaking Year
2020 was shaping up to be a record-breaking year for the U.S. energy storage sector. And it started out strong.
The first quarter saw residential energy storage rise a record 10%.
Then the coronavirus hit.
In April, residential energy storage fell 40% from March’s level.
I’m not surprised. There aren’t many sectors that …read more […]

Chairman Powell and company are maintaining policies that have dropped rates to new lows. …read more […]

(Bloomberg) — PayPal Holdings Inc. saw spending on its platform surge as more merchants switched to online sales in the midst of the coronavirus pandemic.Total payment volume jumped 30% to $222 billion in the second quarter, topping the $208 billion average of analyst estimates and helping the company notch record revenue.Key InsightsThe technology giant has benefited from consumers’ desire to do more of their shopping online as they seek to limit the spread of the coronavirus pandemic. PayPal expects revenue to climb 25% in the third quarter while payments volume surges 30%. For the full year, PayPal said revenue should …read more […]

Which stocks have been the stars of 2020? Biotechs. Amid the onset of the global health crisis, companies advancing COVID-19 vaccines, treatments and testing kits have seen their shares take off rapidly on an upward trajectory. That said, Wall Street focus has locked in on the space for a different reason, namely merger & acquisition (M&A) activity.Sure, against the backdrop of the pandemic and the resulting economic downturn, some names have opted to put a temporary hold on deal activity given the uncertainty that remains. That’s not to say deals aren’t being made. Based on data from Refinitiv, in the …read more […]