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Morning Call Express: Moving Forward From Year's Biggest Dip

Scott Redler

Scott Redler, the Chief Strategic Officer for T3Live.com, and John Darsie, the Editor-in-Chief of T3Live.com, talk about the state of global markets following the year's most bearish day so far and look at leading sectors, major stocks like Goldman Sachs (GS) and Google (GOOG) and SPDR Gold Shares (GLD).

In addition to the Main Virtual Trading Floor(R), T3Live offers four Mentoring Rooms based your desired time frame for trading. Take a 5-day free trial to any of our mentoring rooms, including Momentum Trading with Steve Levay and Mike Lee, and see which one is right for you.

  • U.S. Courts Jailing Thousands over Civil Debts 'Without Due Process,' ACLU Says
    News
    Newsweek

    U.S. Courts Jailing Thousands over Civil Debts 'Without Due Process,' ACLU Says

    Thousands of people are being arrested and jailed each year because of outstanding civil debts, despite the United States banning debtors' prisons nearly 200 years ago, according to a new report from the American Civil Liberties Union.

  • Can Alcohol Help You Live Longer? Here’s What the Research Really Says
    Health
    Time

    Can Alcohol Help You Live Longer? Here’s What the Research Really Says

    New research, which was presented at the American Association for the Advancement of Science’s annual conference, has found that moderate drinking is linked to a longer life. The results came from the 90+ Study, a research project out of the University of California Irvine’s Institute for Memory Impairments and Neurological Disorders that examines the habits of people who live to at least 90. Here’s what the research really says about alcohol and health.

  • This Is How Much Money You Should Have in Savings at Every Age
    Business
    Money

    This Is How Much Money You Should Have in Savings at Every Age

    Based on the priorities they shared, here are the steps you should target from your 20s to your 60s… and into retirement. What to do: Transfer any credit card balances to a 0% card and use the savings to pay down even more debt. Slay the work, learn negotiation skills, practice in advance, and ask for the raises and promotions you deserve.

  • An Unlikely Challenger In The Electric Car Race
    Finance
    Oilprice.com

    An Unlikely Challenger In The Electric Car Race

    Initially, electric and now the development of autonomous cars has been a major disrupter for the auto industry, the effects of which we have only just begun to see. Traditional auto manufacturers were initially written off as having too much legacy investments in the internal combustion engine and insufficient technology to keep up with the development of electric and self-driving cars. While starting from a low base growth has been solid, and although the electric vehicle (EV) challenge has driven much improved economy from the internal combustion engine, EVs are still carving out a place for themselves as battery performance steadily improves and charging infrastructure expands.

  • Ambulance abuse note woman pleads guilty
    News
    BBC News

    Ambulance abuse note woman pleads guilty

    A 26-year-old woman who verbally abused paramedics and left a foul-mouthed note on their ambulance in Stoke-on-Trent has admitted a public order offence. Kirsty Sharman, of Parsonage Street, also accepted writing the handwritten message, which said she did not care "if the whole street collasped [sic]" . Paramedics were dealing with a 999 call in her street in Tunstall on Sunday. At North Staffordshire Justice Centre, chairman of the magistrate said it was an "absolutely despicable incident". 'Abuse not acceptable' The ambulance had been responding to a next door neighbour's emergency call to help his wife, who was "experiencing breathing difficulties", prosecutor Liz Ryder told magistrates.

  • Business
    TheStreet.com

    3 Burning Issues Facing General Electric and Its New CFO This Week

    CFO Jamie Miller presented at two conferences Wednesday in the greater Miami area. At the corporate level GE has gone from a cash generator to a cash burner in the past two years, and that, more than any other factor, has destroyed value for GE shareholders.

  • Traders buy cryptocurrency for free after a glitch caused exchange to price coins at $0
    Business
    CNBC.com

    Traders buy cryptocurrency for free after a glitch caused exchange to price coins at $0

    Chris Ratcliffe | Bloomberg | Getty Images A glitch at a Japanese cryptocurrency exchange allowed some users to buy digital currencies for free, heightening concerns over the security of such trading platforms. Zaif, which is run by Tech Bureau Corp, and registered by the government, said that an error occurred with its price calculation system, allowing seven users to buy some digital coins for zero yen. The exchange did not say which cryptocurrencies those were. Six of the transactions have been voided. Zaif is trying to rectify the issue with the seventh customer who attempted to transfer the bitcoin from the exchange, a spokesperson told Reuters. The issue was discovered on February 16 and

  • 2 Bargain Stocks You Can Buy Right Now
    Business
    Motley Fool

    2 Bargain Stocks You Can Buy Right Now

    Take, for example, natural gas companies Kinder Morgan (NYSE: KMI) and Antero Resources (NYSE: AR), which currently sell at bargain-basement prices compared to peers. It's a mind-boggling discount since they should trade at a premium valuation given their best-in-class operations. Kinder Morgan's stock has plunged a jaw-dropping 60% over the past three years even though the natural gas pipeline company's distributable cash flow (DCF) has only dipped about 7% from the peak.

  • Boeing facing criticism for hard-nose supplier approach
    Business
    St. Louis Business Journal

    Boeing facing criticism for hard-nose supplier approach

    Airplane maker The Boeing Co. is facing heat these days for its determined stance in dealing with suppliers. Despite record orders, Boeing is getting some criticism for an initiative calling for some suppliers to cut costs, according to Bloomberg.  Boeing’s Partnering for Success initiative aims to streamline the manufacturer’s supplier chain. And based on financial returns — with its shares doubling since the start of 2017 — Boeing can argue its plan is working. However, Bloomberg cites suppliers who claim Boeing is seeking 10 percent price cuts for their products.  Boeing is coming off a bustling 2017. Boeing secured orders worth more than $90 billion in November alone.  Among the highlights

  • FC Barcelona President Says Messi Won't Be Sold
    Sports
    Bloomberg Video

    FC Barcelona President Says Messi Won't Be Sold

    Feb.20 -- FC Barcelona President Josep Bartomeu discusses the value of star player Lionel Messi. He speaks exclusively to Bloomberg's Ed Ludlow in London.

  • 55 percent of Americans can't define a key tax term
    Business
    CNBC

    55 percent of Americans can't define a key tax term

    If you feel confused or overwhelmed during tax season, you're not alone. According to a new report from NerdWallet , there's a lot of uncertainty when it comes to tax-saving strategies, income tax brackets and the new tax bill in general.

  • Trump signals he's open to mileage tax with praise of Oregon program
    Politics
    Reuters

    Trump signals he's open to mileage tax with praise of Oregon program

    The White House on Wednesday praised an experimental program in Oregon that charges a mileage tax to volunteer drivers, adding to signals that President Donald Trump is open to finding new revenue sources to pay for his proposed infrastructure program. Many of Trump's fellow Republicans, however, dislike the idea of a transportation tax as it would go against the grain of the party's push to lower taxes and could hit Republican-leaning rural areas harder than cities. In the annual Economic Report of the President, the White House described Oregon - a Democratic-leaning state where environmental issues are a priority for many voters - as a "pioneer" in transportation funding and highlighted its funding initiative, which began in 2015.

  • 2 Stocks That Turned $3,000 Into More Than $100,000
    Business
    Motley Fool

    2 Stocks That Turned $3,000 Into More Than $100,000

    Berkshire has big stakes in many of the market's blue chips, including Bank of America, American Express, Apple, and General Motors, to name only a few. Some of Berkshire's top picks haven't just been in the portfolio for years, they've occupied space for decades -- American Express is a banner example (Buffett first loaded up on the stock more than 50 years ago). With that kind of patience, Berkshire and its shareholders have been more than handsomely rewarded.

  • What the creator of the Chase Sapphire Reserve looks for when hiring talent at JPMorgan Chase (JPM)
    Finance
    Business Insider

    What the creator of the Chase Sapphire Reserve looks for when hiring talent at JPMorgan Chase (JPM)

    Pam Codispoti created the now-legendary Chase Sapphire Reserve credit card, and now she runs JPMorgan Chase's expanding retail branch network. Business Insider recently spoke with Pam Codispoti, the JPMorgan Chase exec responsible for creating the Chase Sapphire Reserve credit card that became a sensation, about millennials, myths, and the other challenges she'll confront in her next job.

  • Judge orders special counsel to turn over Michael Flynn evidence
    Politics
    Fox Business Videos

    Judge orders special counsel to turn over Michael Flynn evidence

    Retired FBI special agent Jeff Lanza discusses the significance behind a U.S. District Court judge order to turn over any potential evidence regarding President Donald Trump’s former national security adviser Michael Flynn.

  • This Olympic Halfpipe Skier Didn't Do a Single Trick. Here's How She Made It to the Games
    Sports
    Time

    This Olympic Halfpipe Skier Didn't Do a Single Trick. Here's How She Made It to the Games

    Hungarian freeskier Elizabeth Swaney may have made it to the 2018 Winter Olympics, but she took a bit of a different route than the rest of the athletes in PyeongChang. Swaney’s Olympic run began and ended during Monday’s ladies’ halfpipe qualification when she skied a run that featured absolutely zero tricks. There were only 24 quota spots available in women’s ski halfpipe at this year’s Olympics, but injuries combined with countries not using all their spots made it so that the No. 34-ranked Swaney was able to compete in the Games.

  • 7 Must-Own Momentum Stocks to Buy
    Business
    InvestorPlace

    7 Must-Own Momentum Stocks to Buy

    Here are seven of the largest momentum stocks to buy that any market bull has just got to own. Shares are up an incredible 50% from the lows seen in October and were trading for as little as $300 as recently as early 2015. The company will next report results on May 3, after the close.

  • Here's How Internet Darlings Tessa Virtue and Scott Moir Respond to Those Relationship Theories
    Celebrity
    Time

    Here's How Internet Darlings Tessa Virtue and Scott Moir Respond to Those Relationship Theories

    It’s the question on everyone’s lips: are Tessa Virtue and Scott Moir dating? Leave it to Today Show hosts Hoda Kotb and Savannah Guthrie to try to get to the bottom of the mystery. In an interview with the skaters following their win, Kotb and Guthrie came right out with the question, asking about their dating status and calling their chemistry “undeniable.” “Would you guys just give us a little 411 on that situation?” Kotb asked.

  • Finance
    Investopedia

    The Top 3 Boeing Shareholders

    Founded in 1916, just a few years after the Wright brothers' famous Kitty Hawk flight, The Boeing Company ( BA) has grown to become one of the largest aircraft manufacturers in the world and the most well-known name in the aerospace sector and defense industry in the United States. Boeing Capital Corporation supports all three divisions by providing financing for Boeing customers. Boeing's chief financial officer and executive vice president of Enterprise Performance & Strategy, Gregory Smith, is the largest insider shareholder of the company.

  • Billionaire David Einhorn's Greenlight Bought 6M JC Penney Shares: 13F
    Business
    Investopedia

    Billionaire David Einhorn's Greenlight Bought 6M JC Penney Shares: 13F

    Billionaire David Einhorn, the head of Greenlight Capital, disclosed last week in his company's quarterly 13F report that he established 19 new positions during the fourth quarter of 2017. One of the most significant purchases that he made was in J.C. Penney (JCP), the retail giant which has become "moderately distressed," according to a report by Guru Focus. At a time when many analysts showed interest in retail, Einhorn helped to solidify the trend. Why might he have decided to focus his efforts on JCP stock in the past quarter? Nearly 6.4 Million Shares of JCP Greenlight Capital acquired close to 6.4 million shares of J.C. Penney stock in the final three months of 2017. The average purchase

  • Business
    InvestorPlace

    Investors in Microsoft Corporation Stock Shouldn’t Forget About LinkedIn 

    There’s no doubt all eyes were focused on the cloud when Microsoft Corporation (NASDAQ:MSFT) announced its Q2 2018 results at the end of January. By most people’s estimation, they were pretty darn good, yet Microsoft stock barely moved. In the three weeks since, the MSFT stock price has lost about $3, tempting some experts to call it a buy including InvestorPlace contributor Vince Martin.

  • General Electric affirms commitment to Baker Hughes, shares rise
    Finance
    Reuters

    General Electric affirms commitment to Baker Hughes, shares rise

    Shares of General Electric Co's Baker Hughes rose on Wednesday after the parent company said it would not shed its holdings in the oilfield services business before the expiration of a two-year lockup period, reversing an earlier stance that had cast uncertainty around the stock. General Electric last November said it was considering shedding its Baker Hughes holdings to refocus its business and boost cash flows. The announcement came just months after the conglomerate had purchased a 63 percent stake in the firm under a deal that combined its oil and gas services and equipment business with Baker Hughes to create the second largest oilfield services firm by revenue.

  • Trump Administration Takes Another Step To Roll Back Obamacare
    Politics
    HuffPost

    Trump Administration Takes Another Step To Roll Back Obamacare

    Republican efforts to roll back the Affordable Care Act’s insurance reforms continued Tuesday, when the Trump administration proposed regulations that would make it easier for health insurers to sell cheap, short-term policies that leave out key benefits and are available only to people in good health. Announcement of the proposal, which has been in the works for several months, came two months after President Donald Trump signed Republican legislation eliminating the individual mandate, which makes people pay a financial penalty if they don’t have insurance. In many states, premiums have risen substantially in the past few years, as plans have struggled to attract customers in relatively good health.

  • Better Stock: Walmart Inc. (WMT) vs. Costco Wholesale Corporation (COST)
    Business
    Motley Fool

    Better Stock: Walmart Inc. (WMT) vs. Costco Wholesale Corporation (COST)

    Over the last five years, the membership-based model of Costco has helped the company's stock double the returns of Walmart. Will Costco's outperformance continue? In the investing world, there's nothing more important to evaluate than the sustainable competitive advantages of companies that you want to own.

  • 3 Biotech Stocks To Avoid
    Business
    Forbes

    3 Biotech Stocks To Avoid

    Hope stocks. Fads. Castles in the sky. Those are the words I think of when I see a stock that sells for 100 times revenue or more. In my view, you almost have to be crazy to invest in them. Over the years, a typical stock has usually sold for about 1.4 times revenue. In today’s rich market the prevailing ratio is 2.25. So, we’re talking about stocks that sell for 44 times prevailing valuations, which are themselves rich. The vast majority of these stocks are biotech stocks, and proponents argue that they are worth the inflated multiples. These companies are searching for treatments for cancer, heart disease, multiple sclerosis or other diseases that terribly afflict humankind. Why shouldn’t they