Month: June 2020

Contango took NYMEX futures into negative territory on April 20 The price came a long way in a little over one month Contango has narrowed- Lots of profits for the cash and carry crowd In the world of commodities, contango occurs when the price for deferred delivery of a commodity is higher than nearby delivery.
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Let me start by saying that FANG stocks — Facebook (NASDAQ:FB), Amazon (NASDAQ:AMZN), Netflix (NASDAQ:NFLX) and Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) — are always ones to buy especially on dips. The only problem is that the stock prices of this well-known bunch is out of this world. Instead of suffering during the Covid-19 crisis, they thrived. The
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Rick Smith, CEO of Axon Enterprises. Adam Jeffery | CNBC Shares of law enforcement supplier Axon Enterprise spiked more than 9% in premarket trading after protests against police brutality turned violent in many cities across the country.   Axon, formerly known as Taser International, sells electrical weapons and body cameras for law enforcement officers. The stock’s jump
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Alibaba (NYSE:BABA) stock investors just can’t seem to catch a break. Between the trade war, the novel coronavirus and now fears over a potential U.S. delisting, the stock has been bombarded with negative headlines over and over. Source: Kevin Chen Photography / Shutterstock.com None of these headlines have anything directly to do with the company
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