Author: JavaExchange

MUNICH — German prosecutors arrested three former top executives at Wirecard on Wednesday, saying they now suspected them of an organized criminal enterprise to bilk creditors of billions of euros based on faked accounts. Read More

Prosecutors arrest three in Wirecard criminal enterprise — Financial Post

Hello Jedi, the three major indices were up today. The tech heavy NASDAQ led the way with a huge 2.51% jump. The leader for the day was Tonix Pharma. For the risk-on crowd the QQQ ETF might be worth a look. Stay safe.

Another reason to add an ETF vehicle to your portfolio.

https://www.cnbc.com/2020/07/18/why-etfs-remain-some-of-the-most-tax-efficient-vehicles-for-money.html

HOUSTON — Chevron Corp said on Monday it would buy Noble Energy Inc for about $5 billion in stock, the first big energy deal since the coronavirus crisis crushed global demand for oil and sent crude prices to historic lows. Read More

Chevron to buy Noble for $5 bln in stock, biggest oil deal since price crash — Financial Post

Retail cost vs Costco cost? Many of the brands you use also supply Costco with the private label brands with similar (or the same) goods at a fraction of the cost. Save the money, invest the money.

The percentage of homeowners who fell a month or two behind on their mortgage payment hit a 21-year high in April, as the coronavirus pandemic forced states across the country to shut down and millions of Americans out of work.

https://finance.yahoo.com/news/earlystage-mortgage-delinquencies-hit-21-year-high-170612193.html

Gold topped $1,800 on Wednesday, marking a nearly nine-year high.

Its rally may not be over yet, according to Boris Schlossberg, managing director of FX strategy at BK Asset Management.

https://www.cnbc.com/2020/07/09/gold-is-the-real-bitcoin-trader-sees-new-highs-ahead-for-the-metal.html

With more Americans under financial pressure due to the coronavirus, paying for college is a growing problem.

Nearly 70% of families are worried about how they will cover the cost and more than half now say their higher education plans have changed due to Covid-19.

By necessity, some students will attend a community college close to home or delay going to college altogether.  

So the possibility of free tuition could make all the difference.

https://www.cnbc.com/2020/07/10/heres-how-to-go-to-college-for-free.html

If you use the traditional fundamental analyst model, such as revenue, debt-to-income ratio, etc.. you would not touch Tesla with a ten foot pole. Yet, Tesla is worth more than Toyota and GM. How should and can you judge this high flying stock?

This stock fall in a category based on non-fundamentals. This stock requires a technical view to judge if the investment is worth the risk.

Tesla seems unstoppable.

The electric auto maker’s stock hit a record high for the fifth day in a row on Tuesday, adding to a practically relentless 223% rally since the market bottomed in March. Tesla’s $258 billion market cap now makes it larger than 97% of the S&P 500′s components.

https://www.cnbc.com/2020/07/08/tesla-is-a-stock-you-cannot-fundamentally-value-trader-says.html