Insider Buying: Cash(flow) is King for Bank of America Corporation (BAC) and Warren Buffet

Insider Buying: Cash(flow) is King for Bank of America Corporation (BAC) and Warren Buffet

Perhaps corporate investors believe their share prices are too high? Insider buying has slowed, big time. Last week’s total barely nudged above $1 billion with a little more than blue tickets. In the old days, when tickets had to be...
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Here are the IRA and 410 (k) implications of the $2 trillion “Coronavirus Aid, Relief, and Economic Security Act” or the “CARES Act”

Here are the IRA and 410 (k) implications of the $2 trillion “Coronavirus Aid, Relief, and Economic Security Act” or the “CARES Act”

Can I take money from my IRA to cope with the economic slowdown? The answer is yes. And what the CARES Act does is it waives the 10% early withdrawal penalty. So you are free and clear to withdraw up...
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High Times Magazine is Coming to Wall Street

High Times Magazine is Coming to Wall Street

Marijuana has been a popular topic on Wall Street with a cannabis stocks serving as compelling investing opportunities in the last few years. Though 2019 was a disappointing year for cannabis investors, 2020 is shaping up to be a much...
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Will Lithium Stocks Rebound as U.S. and China Trade War Continues?

Will Lithium Stocks Rebound as U.S. and China Trade War Continues?

For years lithium has been a story that investors gobbled up due to the sheer demand of lithium that is expected for batteries to fuel electric cars. Lithium is a vital component in lithium-ion batteries that charge electric vehicles. The...
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Walmart’s Jetblack Service Couldn’t Stand Up Against Amazon

Walmart’s Jetblack Service Couldn’t Stand Up Against Amazon

After a two-year run, NYC-based personal shopping service Jetblack has shut down after failing to generate any profits. The Walmart-owned subsidiary has had to lay off around 300 workers as it realizes that concierge-style online shopping may not be that...
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Beyond Meats and Other Alternative Protein Foods Will Become MASSIVE

Beyond Meats and Other Alternative Protein Foods Will Become MASSIVE

Beyond Meat made its debut in the stock market at the start of the month and saw its shares explode through the gate. The stock saw gains of 163% on its first date of trading on Wall Street and signaled...
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ExxonMobil Shares Explode on Strong Earnings Report

ExxonMobil Shares Explode on Strong Earnings Report

Shares of Exxon Mobil Corp. were skyrocketing over 3% earlier this month ahead of the bell, when the oil giant reported fourth quarter financial results. For the quarter, Exxon Mobil reported a profit that came ahead of expectations, but revenue...
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Occidental Petroleum Corp. To Spend $4.5 Billion This Year

Occidental Petroleum Corp. To Spend $4.5 Billion This Year

Houston-based Occidental Petroleum Corp. is planning to cut back $500 million on its spending this year. The company said it plans to spend $4.5 billion in 2019. “By maximizing efficiencies, we are reducing spending to adjust to a lower oil...
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Bitcoin Exchange Coinbase Acquires Blockchain Intelligence Startup Neutrino

Bitcoin Exchange Coinbase Acquires Blockchain Intelligence Startup Neutrino

U.S.-based digital asset platform Coinbase has acquired Neutrino, a blockchain intelligence startup that is a rival to Chainalysis. There were no details about the cost of the acquisition, but the move was in Coinbase’s effort to enhance its compliance e...
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