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Monthly Archives: February 2019

Trump directs Pentagon to create Space Force legislation for Congress

Alex Wong | Getty Images President Donald Trump holds up an executive order that he signed during a meeting of the National Space Council at the East Room of the White House June 18, 2018 in Washington, DC. President Trump signed an executive order to establish the Space Force, an …

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Southwest Airlines grounds more jets due to maintenance issues

Ted S. Warren | AP Southwest Airlines planes are loaded Tuesday, Feb. 5, 2019, at Seattle-Tacoma International Airport in Seattle. Southwest Airlines on Tuesday grounded more jets leading to higher numbers of canceled flights than its peers as the carrier extended an “operational emergency” to its hub in Dallas, telling …

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Three options strategies for the week: February 19, 2019

The “Options Action” traders share three options trading strategies to kick off the week. Mike Khouw outlined a June call spread trade in CBS. Mike also broke down a 1×2 April put spread trade in Activision. Dan Nathan outlined an April put spread strategy in Nike. 

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Ruth Bader Ginsburg to hear her first arguments since cancer surgery

Mandel Ngan | AFP | Getty Images Associate Justice Ruth Bader Ginsburg poses for the official photo at the Supreme Court in Washington, DC on November 30, 2018. Supreme Court Justice Ruth Bader Ginsburg returned to the U.S. Supreme Court on Tuesday to hear her first oral arguments since undergoing …

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US FAA investigates Southwest over baggage weight discrepancies: WSJ

Patrick T. Fallon | Bloomberg | Getty Images Ground operations employees load baggage onto a Southwest Airlines Co. Boeing Co. 737 aircraft on the tarmac at John Wayne Airport (SNA) in Santa Ana, California, U.S., on Thursday, April 14, 2016. The U.S. Federal Aviation Administration is investigating Southwest Airlines for …

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‘Panic buying’ likely to drive stock market higher in the near term

“We believe as a short-term trading strategy of buying on dips from end-February to beginning-March targeting a subsequent return-reversal is attractive,” Takada wrote. This surge comes after a massive sell-off in December that briefly sent the S&P 500 into bear-market territory on an intraday basis. The recent move up propelled …

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Google plans to acquire cloud migration company Alooma

David Paul Morris | Bloomberg | Getty Images Thomas Kurian, the incoming head of Google Cloud and formerly president of product development at Oracle, speaks at the Oracle OpenWorld conference in San Francisco on Sept. 24, 2013. Google is making another play in the cloud space with a new acquisition. …

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Ex-Trump aide Marc Short will be Vice President Mike Pence’s chief of staff

Getty Images White House Director of Legislative Affairs Marc Short speaks to members of the media as he leaves a Republican conference meeting June 7, 2018 on Capitol in Washington, DC. House GOPers gathered to discuss immigration. Former White House director of legislative affairs Marc Short will return to President …

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Navient rejects $3.2 billion takeover bid from Canyon Capital and Platinum Equity

Patrick T. Fallon | Bloomberg | Getty Images Mitch Julis, co chief executive officer of Canyon Capital Advisors LLC, speaks during the Milken Institute Global Conference in Beverly Hills, California, on Tuesday, May 2, 2017. Student-loan servicer Navient has rejected a $3.2 billion takeover bid from two investors as it …

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Booming rally in small-cap stocks reaches historic proportions

Drew Angerer | Getty Images Traders and financial professionals work ahead of the opening bell on the floor of the New York Stock Exchange (NYSE), January 14, 2019 in New York City. Small caps’ snapback is flashing an ominous signal. The Russell 2000 has rallied 16.5 percent in 2019, the …

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