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3 ‘Strong Buy’ Stocks With at Least 5% Dividend Yield

Americans went to the polls today under the shadow of a resurging pandemic, with a substantial increase in cases nationwide and the number of people hospitalized with COVID-19 reaching record highs in a growing number of states. Meanwhile, it’s still unclear what a second stimulus package from the federal government may look like and how long it will be until that arrives.To add fuel to this, there are several European governments that are starting to lock down their respective countries all over again in order to prevent the further spread of COVID.With all of this uncertainty, what is an investor …read more […]

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China Turns to Lobsters, Wine and Coal to ‘Punish’ Australia

(Bloomberg) — What started as a political spat between Beijing and Canberra has become a one-sided trade war that threatens serious disruption for an expanding number of Australian exporters.China won’t allow imports of a swathe of Australian commodities and foodstuffs from as early as this week, according to people familiar with the matter. The curbs are a major escalation in Beijing’s pressure campaign following a two-year stand-off over issues from technology to the origins of coronavirus.China’s blacklist — delivered verbally to commodities traders — includes coal, barley, copper, sugar, timber, wine and lobster. It doesn’t cover materials, like iron ore …read more […]

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The Most Divisive Election in American History

The republic had not seen a more divisive presidential election in its history.
On one side, you had the establishment candidate.
Funded by a cabal of deep-pocketed elites, he represented entrenched political interests and the continuation of the status quo.
He was a familiar, vetted and reliable ally. He would ensure that the increasingly corrupt and crony-driven political machine would continue to roll on.
On the other side stood the populists.
They lived far from the power centers of New York and Washington, D.C.
These unsophisticated rabble-rousers felt disenfranchised, exploited and ignored.
For them, the rapid technological change of recent decades was both dizzying and confusing.
An unwelcome …read more […]

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Selling Covered Calls: An Options Trading Strategy

Selling covered calls is an options trading strategy that helps you to earn passive income using call options. This options strategy works by selling call options against shares of a stock that you buy beforehand or already own.
This strategy is called “covered” because you already own the stock at the outset – you don’t need to purchase the shares on the open market at the expiration date at a price you may not like.
In addition to helping you earn passive income, this strategy can also help protect you against downside risk. Therefore, it can serve several purposes at once.
In this …read more […]

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Jack Ma's Blunt Words Just Cost Him $35 Billion

(Bloomberg Opinion) — Jack Ma is a very busy man. China’s richest man has been busy launching the world’s biggest IPO. He has been busy preparing for Alibaba Group Holding Ltd.’s grandest four-day Double Eleven shopping extravaganza. And yet two weeks ago, Ma somehow found the time to opine on China’s banking system at a high-profile financial forum in Shanghai, once again throwing himself into the eye of the storm. In that speech, apart from labeling the global banking Basel Accords as an “old people’s club,” Ma said “systemic risk” is not the issue in China. Rather, China’s biggest risk …read more […]

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Trading Ideas

Jack Ma's Blunt Words Just Cost Him $35 Billion

(Bloomberg Opinion) — Jack Ma is a very busy man. China’s richest man has been busy launching the world’s biggest IPO. He has been busy preparing for Alibaba Group Holding Ltd.’s grandest four-day Double Eleven shopping extravaganza. And yet two weeks ago, Ma somehow found the time to opine on China’s banking system at a high-profile financial forum in Shanghai, once again throwing himself into the eye of the storm. In that speech, apart from labeling the global banking Basel Accords as an “old people’s club,” Ma said “systemic risk” is not the issue in China. Rather, China’s biggest risk …read more […]