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GLJ Research Upgrades US Steel (X) to BuyGLJ Research analyst Gordon Johnson upgraded US Steel (NYSE: X) from Hold to Buy with a price target of $17.30. -Foreseeing a revival of car demand in the U.S., and a revival of "high-end auto steel markets" alongside it, GLJ says it is currently seeing the "most bullish setup we've seen for the US steel sector since mid-2019. -Global steel prices surging, This is happening at the same time as the U.S. steel market is enduring "acute shortages" in supply. -GLJ sees "massive ... liquidity" from government stimulus efforts, and more coming down the pike from a "stimulus-friendly Biden Administration." - In GLJ's view, U.S. Steel, which cost $11 and change yesterday could conceivably soar as high as $17.30 over the next 12 months www.fool.com www.streetinsider.com
NYSE:X
by AlenCiken
OPTT Expands Commercial Team With Southern Europe-Based RepOPTT Expands Commercial Team With Southern Europe-Based Representative - Jorge Franco has joined the Company as Regional Sales Representative based in Spain. - Southern Europe offers opportunities for OPT’s offshore power and communications solutions, particularly in the oil and gas industry - Jorge has significant relationships within leading companies operating in the region, and we believe his experience will be beneficial to serving OPT’s existing and prospective customers. - He has more than 20 years of experience in multinational technical companies selling products and services for offshore operations finance.yahoo.com
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by AlenCiken
Ideanomics Increases Its Stake in e-Tractor Company Solectrac- Electric tractors are poised to disrupt the $75 billion global agricultural tractor industry NEW YORK, Nov. 23, 2020 /PRNewswire/ -- Ideanomics (NASDAQ: IDEX) ("Ideanomics" or the "Company") announces that it has increased its stake in California-based Solectrac, Inc. through a follow-on investment of an additional $1.3 million. This additional investment reflects investment interest in Solectrac by ESG funds which is expected to close in the coming weeks. As a reminder, on October 22, 2020, the Company announced that it acquired 14.7% of Solectrac, Inc. for the consideration of $1.3 million. Since this announcement, Solectrac experienced an increase in product and investment inquiries. This recent investment increases Ideanomics ownership to 24%, which will reduce to approximately 22% post-money once the additional third-party investment is finalized. The new investment by Ideanomics allows Ideanomics to increase its share of ownership sufficiently to recognize its stake in Solectrac under the equity method for US GAAP accounting purposes. We believe Solectrac has enormous potential and, given the uptick in both product inquiries and investment interest they are seeing, we exercised our rights to increase our stake so we can help Solectrac scale to meet anticipated market demand ," said Alf Poor, CEO of Ideanomics. Solectrac develops, assembles and distributes 100% battery-powered electric tractors—an alternative to diesel tractors—for agriculture and utility operations. finance.yahoo.com
I
by AlenCiken
DPW Shares rises on Plan to Put EV Chargers at Fast-Food OutletsDPW Holdings’ Coolisys® Power Electronics Business to Test ACECool™ EV Chargers Targeting National Fast-Food Franchise Networks ("Coolisys®"), has established a program targeting both national and regional fast-food franchisees to install the ACECool™ electric vehicle ("EV") chargers as a part of a revenue sharing program. The program initially will be funded from the Company’s recent capital raising activities. The program is expected to be launched in California, Nevada and Canada. While the Company is excited about Coolisys’ new franchise program, there is no assurance that the program will be successful. the program will allow franchise owners and operators to install the ACECool™ EV chargers and share in the net revenue from advertising and network usage. Coolisys expects to launch its program with a national fast-food network franchisee that forms a part of a network with over 1,000 locations. Coolisys expects to announce other network partners in the first quarter of 2021. Global EV sales rose a dramatic 65% from 2017 to 2018, for a total of 2.1 million vehicles, with sales figures steady through 2019. EV demand is again expected to rise according to a study by Bloomberg New Energy Finance, which sees improved batteries, more readily available charging infrastructure, new markets and price parity with internal combustion engine vehicles as the major growth drivers. finance.yahoo.com
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by AlenCiken
Arrival to list on NASDAQ through merger with CIIG Merger Corp.-Arrival, the company creating electric vehicles (“EVs”) with its game-changing technologies, has entered into a definitive business combination agreement with CIIG Merger Corp. (NASDAQ: CIIC); and the newly combined company will be listed on the NASDAQ under the new ticker symbol “ARVL” -The transaction values the combined company at an enterprise value of US $5.4 billion and is expected to provide approximately US $660 million in gross cash proceeds to the Company. -As part of the transaction, CIIG raised a US $400 million fully committed common stock PIPE that was anchored by Fidelity Management & Research Company LLC, Wellington Management, BNP Paribas Asset Management Energy Transition Fund, and funds and accounts managed by BlackRock -Arrival is producing EVs competitive in price with fossil fuel alternatives and substantially lower than comparable EVs -Arrival has developed a new method of designing and producing zero-emission vehicles using its proprietary hardware, software and robotics technologies and low cost Microfactories -Arrival has signed contracts with total order value up to US $1.2 billion and its first products are planned for production in Q4 2021 -Arrival has previously received investment from strategic partners Hyundai, Kia, UPS, Winter Capital, and funds and accounts managed by BlackRock -The combined company will add Peter Cuneo, CIIG’s Chairman and CEO, as Non-Executive Chairman to its post-closing Board of Directors www.globenewswire.com
CLong
by AlenCiken
5
$AMGN - NR Picks Nov 22Amgen se dedica a descubrir, desarrollar, fabricar y ofrecer terapias humanas en todo el mundo. Se centra en las áreas de inflamación, oncología / hematología, salud ósea, enfermedades cardiovasculares, nefrología y neurociencia. La compañía tuvo una reacción positiva a inicios de mes cuando presentó una actualización de su fármaco para la psoriasis, durante el mes el precio de la acción fue cayendo hasta estar cerca a los niveles pre-reacción. Este retroceso se ve como una oportunidad para Amgen , recordemos que esta compañía es una de las mas importantes del sector. Creemos que el interés de los inversores durante el mes ha cambiado a compañías que están brindando actualizaciones sobre el desarrollo de la vacuna contra el COVID-19.
NASDAQ:AMGNLong
by NewroadTrader
Butterfly Network to merge with SPAC Longview in $1.5 billionButterfly Network, a global leader in democratizing medical imaging, to be listed on NYSE through a merger with Longview Acquisition Corp. Butterfly iQ is the only ultrasound transducer that can perform "whole-body imaging" with a single handheld probe using semiconductor technology. Connected to a mobile phone or tablet, it is powered by Butterfly's proprietary Ultrasound-on-Chip™ technology and harnesses the advantages of AI to deliver advanced imaging that we believe is easy-to-use, improves patient outcomes and lowers cost of care. - The Pro Forma enterprise value of the merger is $1.5 billion, with the combined company expected to have an estimated $584 million in cash after closing. - 100% of the equity of existing Butterfly Network investors, including Baillie Gifford, The Bill and Melinda Gates Foundation and Fosun Industrial Co., Limited, will convert into shares of the combined company. There will be no selling stockholders in the transaction. - The business combination is expected to be completed by the end of the first quarter of 2021, and the combined company will be listed on the NYSE under ticker symbol "BFLY." finance.yahoo.com
LLong
by AlenCiken
Luminar has struck a deal with Mobileye, an Intel company!Luminar Technologies, Inc. (“Luminar”), the global leader in automotive lidar hardware and software technology, which is currently in the process of becoming a public company through its expected merger with Gores Metropoulos, Inc. (Nasdaq: GMHI, GMHIU, GMHIW), a special purpose acquisition company, has struck a deal with Mobileye, an Intel company, to supply Luminar lidar for the company’s Autonomous Vehicle (AV) Series solution in its next phase of driverless car development and testing. As part of the agreement, Mobileye will collaborate with Luminar to use its lidar for the first generation of its level 4 Mobility-as-a-Service (MaaS) pilot and driverless fleet in key markets around the world Luminar’s technology will be used to enable Mobileye’s TRUE REDUNDANCY™ solution which is uniquely comprised of multiple self-contained sensor systems to enable uncompromised safety and validation for level 4 driving. By processing completely independent streams of data from 360-surround view cameras, lidar, and radar, the solution ensures significantly greater perception accuracy and eliminates the impact of disruptions to an individual sensor. Austin Russell, Founder and CEO of Luminar Technologies said that“Mobileye disrupted the auto industry to become the undisputed king of ADAS, and with the right partner is uniquely positioned to enable autonomy at an unprecedented scale.” “After collaborating with Mobileye for over a year, we’re excited to formalize this deal and work towards a shared vision of making autonomy safe and ubiquitous.” Luminar has secured a total of 50 commercial partners across passenger vehicle, trucking, and robo-taxi verticals, representing approximately 75% of major players in the targeted customer ecosystem. Luminar’s accelerating commercial traction has resulted in opportunities to convert 12 of its OEM programs and engagements from development stage into production. Key 2020 achievements across its three key verticals include: Passenger Vehicle – Luminar has secured the industry’s first series production deal for consumer vehicles starting in 2022. Luminar remains on schedule with the first Iris sensors now running live on vehicles. Luminar is partnered with seven of the top 10 largest automakers at various development stages, with timelines to series production landing between 2022-2025. Trucking – Luminar is partnered with the largest global truck OEM to commercialize Level 4 autonomous trucks for long-haul highway use cases; Luminar is now also powering all other major autonomous trucking programs globally. Mobility-as-a-service – Luminar is now working with a number of major next-generation autonomous robo-taxi programs, with particular focus on those closer to series production, including Mobileye’s internal Mobility-as-a-Service program. www.businesswire.com
G
by AlenCiken
8
3 Reasons Why You Should TradeNow before I started, you may have thought my top reasons were probably things like: You can trade anywhere, you can do it anytime, and you will have a lot of free time and money. Yes, all of these are good reasons, but I wanted to give you my top three reasons why I think that you should trade. Reason Number Three: Trading Can Make You Money & Money Buys Happiness I’m a firm believer that money CAN buy happiness. Now, I know that this is controversial because people say, “Money can’t buy you happiness.” Based on my experience, they are wrong. I will prove it to you. If you’re an avid reader of this blog, a subscriber to my YouTube channel, or are a member of Rockwell Trading, you know I’m always about the facts. I have multiple trading accounts, and recently I was trading a small account live on my YouTube channel using a trading strategy called The Wheel. Many of you are already trading this strategy as well. On this account up to this point, I have made $3,204, in a month. Even though this isn’t my main account, and is one of my smaller ones, $3,200 is not too bad. Let me prove to you how money can buy happiness. Let me ask you, do know somebody who is in a tough spot right now with everything that we have going on in the world? Do you know someone who got laid off and couldn’t pay their rent? Someone who got sick and couldn’t afford to buy the needed medication? What about somebody whose car broke down, and didn’t have money to fix it making transportation difficult? So so let me ask you this. What if you could have given them $3,204? Do you think that this could have changed that person’s life? Making $3,000 for me is nice, but it doesn’t change my life. But maybe you know somebody whose life we can change with this. Very recently, I decided to give away that month’s worth of profits to a few people in need. I had our members and viewers nominate someone they knew, who was currently having a tough time. We received so many applications, and I reviewed the (heart-wrenching) submissions. I picked the two candidates who I felt could use it the most, and I split the profits from this trading account and sent them a check. It helped them out a great deal, and it meant the world to them. So for me, this was very solid proof that money CAN buy happiness, and can change your life for the better. I believe we have a responsibility to make more money to help not just ourselves, but others. Money buys happiness and this is why I will keep doing it. I’m doing this information out there because I want you to succeed. I want you to make money to give back. There are so many people in need that you could help. Here is an example of one of the nominations for the recipient of the trading profits we gave away. This nominee is a single mother of four children. Her son had a needed surgery a while back and she got stuck with a $9,000 bill. She’s getting garnished for this by taking $150 from each of her paychecks. She’s a nursing assistant and doesn’t receive all that much. She wasn’t one of the recipients that I chose as the final two, but I decided to send her the money that she needed anyway. Now doesn’t have to worry about her paychecks getting garnished for a whole year. Here is an email that I received over the weekend, and it’s from a man named Robert, and it read, “Markus, thank you for being you, brother! Could go into a long story about how ironic it is that I’ve been a Rockwell member for almost four years and finally started applying your trading rules in August of 2020, and had one of my best months ever." "But that’s not what this is all about. I would like to donate an additional $300 to whoever you decide to give the money to. I feel very blessed and just want to pay it forward. Let me know the best method to get the money to you." "Thanks for your persistence and all you do.” Why I’m showing you this e-mail? This is exactly what happens when we start making money together. I know that people are probably telling you, “You can’t make money with trading.” Well, you know what? Prove them wrong. You can make money with trading. Is it easy? No, because you need three things: You need the right strategy, the right tools, and the right mindset. Together we can make a difference Money buys happiness. I believe we have a moral obligation to make as much money as we possibly can to be like Robert. I know that many of you are already donating. I mean, you have told me in these emails and I’m so, so proud of you for what you’re doing already. Together we can make a difference. This is what this blog is all about, and this is what this message is all about.
NASDAQ:TSLA
by rockwelltrading
3
The inescapable Financial Collapse; A 4-Dimensional analysisThis is the SP500 / Gold / the US Dollar / a G10 Composite Currency Index / Time / Price, all of it, all at once! - Lets call it: Universal Value. - Shall we... This is a 2-Dimensional projection (being on a flat computer screen, after all :-) of a 3-Dimensional "Slice" of a 4-Dimensional space. - So try to visualize it. (Not as difficult as it first may seem.) Envision a box with only 4 sides - i.e.: a tunnel - which constitutes the entire Universe, in which everything exists, and the only option for interaction with said universe is to twist the walls freely, into any desired configuration, along the tunnel's principal axis - in this case the horizontal, Time axis. This is a broad-strokes, yet, reasonably accurate depiction of the concept of: Value. - In this case, projected onto the SP500 Index. "How does one escape such a tunnel where one's options are duly limited (mathematically and physically) to only twist the walls of such a tunnel?" - You ask... It is literarily impossible, so good luck with that! Thus, cheer on, trade the hell out of it and take every last fool for everything they got! (Then run. :-) ... and just in case: There is no "Plan B"! Here is a likely better - not "shifted" - view, ... ... of the "financial Universe" projected onto the SP500.
TVC:SPXShort
by Nemo_Confidat
18
NETFLIX price action for Short term !5 month of uncertainty and Neutral trend for NFLX , But a good positions for short term trading , Buy from the Bottom of the channel and sell from the Top . Fundamentals : The corona virus has increased again and possibility of cities Lockdown can be positive for Stay-at-home Stocks . Price Action : Price placed at Bottom of the Channel also the 200 Day moving average is close to the price , So this Level can Be the Good support P.s : Due to divergence, buying Netflix is Not a Good idea for the long term .
NASDAQ:NFLX
by mohamad_mi
Still aiming at 3000! 🎯Due to the bullish action, we had to update our chart. We put a bullish alternative on the chart. At the moment, the bears are still in charge of the chart, and we see them aiming at the 3000 point mark. However, our alternative scenario depicted by alt. and the dashed arrows must be taken into account with a high percentage of 42%. Price action is in a crucial area right now. If the bulls manage to break above the Resistance at 3550, the SP500 could be on the breakout to 3800 and higher. Our primary expectation under the mentioned 3550 remains a further decline to about 3000. For further confirmation, we need some bearish action and prices to drop at least under the 3460 mark.
OANDA:SPX500USD
by MarketIntel