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The 2:59 PM Trade
It's Friday afternoon, 2:59 pm. Most traders are clocking out. But legendary Millionaire trader Tim Sykes is about to cash in on a strange weekend "loophole."
He's used this exact method to make $8,780... $9,518... and even $16,159 over the weekend. But today, he wants to show YOU how to do it too.
BRUSSELS (AP) — European Union nations often still tax and subsidize their energy sources in contradiction with their committed climate goals, and a majority spend more supporting fossil fuels than renewables. After reviewing carbon pricing measures, energy taxation levels and energy subsidies in the 27-country region, the EU’s external auditor warned Monday that the amount…
(Reuters) – The Federal Reserve can move sooner to start reducing its bond holdings than in the past and aggressive action to shrink the U.S. central bank’s portfolio could allow it to take a shallower path on interest rate increases, Kansas City Fed President Esther George said on Monday. “What we do on the balance…
By Chavi Mehta (Reuters) -Software company Citrix Systems said on Monday it would be taken private for $16.5 billion including debt by affiliates of Elliott Management and Vista Equity Partners, which are seeking to tap the pandemic-driven boom in cloud computing. The company said its shareholders would get $104 per share, implying an equity value…
By Stephanie Kelly NEW YORK (Reuters) – Oil prices were on track for their biggest monthly gain in almost a year on Monday, boosted by a supply shortage and political tensions in Eastern Europe and the Middle East. The most-active Brent contract, for April delivery, was trading up 48 cents to $89.00 per barrel by…
LISBON, Portugal (AP) — A landslide election victory has opened the door for Portugal’s Socialists to start spending a huge financial windfall from the European Union, though the center-left party faces plenty of challenges. The Socialists collected 41.7% of the vote and a majority 117 seats in the 230-seat parliament in Sunday’s ballot, far ahead…
PARIS (Reuters) – Automaker Stellantis may cut up to 1,400 jobs in France this year as it continues to adapt to a changing industry, three union sources said a day before management and unions sit down to discuss pay and employment conditions. The company cut some 1,380 jobs, all through voluntary redundancies, in France last…
DUBLIN (Reuters) -The Irish airline Ryanair on Monday urged Belarus to guarantee that there would be no repeat of the forced landing of one of its flights last May, and said airlines should not fly over Belarus without such a guarantee. The plane was overflying Belarus on its way from Athens to Vilnius when Belarus…
By Mike Stone WASHINGTON (Reuters) – Lockheed Martin announced on Monday that a future Air Force mid-air refueling tanker would be made in Alabama and Georgia, potentially creating 1,300 new jobs between the two sites. Expansion and hiring at existing sites in Mobile, Alabama, and Marietta, Georgia for the next U.S. tanker is contingent upon…
(Reuters) – The tech-heavy Nasdaq edged higher on Monday, but was still eyeing its worst start to the year ever as investors shied away from stocks with lofty valuations amid aggressive rate hike bets and geopolitical tensions. The Dow Jones Industrial Average fell 34.30 points, or 0.10%, at the open to 34,691.17. The S&P 500…
DETROIT (AP) — Among the biggest challenges to transforming automobiles from combustion engines to electricity to fight climate change is the shortage of metals needed to make batteries. Early on, JB Straubel saw a huge opportunity from the shortage — rescuing metals from spent lithium-ion batteries and recycling them for new ones. The idea was…
