Natural gas futures hit an all-time low in Asia, as fears of the coronavirus are likely to impact energy demand there during the Northern hemisphere's winter season.
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| |  Good morning. Natural gas futures hit an all-time low in Asia, as fears of the coronavirus are likely to impact energy demand there during the Northern hemisphere's winter season.
That's bad news for the energy sector, including the United States. In the past, natural gas could only be shipped by pipeline, but over the past few years the technology to liquefy and send natural gas anywhere in the world via tanker has come into operation. For heavily leveraged American energy companies hoping for foreign demand, this is one more troubling sign for the shale space this year.
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| | |  | DOW 29,102.29 | -0.94% | | | | S&P 3,327.67 | -0.54% | | | | NASDAQ 9,520.51 | -0.54% | | | | | *As of market close | | | • | Stocks went down going into the weekend, offsetting several days of gains. | | | • | Oil dropped 1 percent, hitting $50.42 per barrel. | | | • | Gold rose 0.3 percent, moving to $1,574 per ounce. | | | • | Cryptocurrencies traded flat, with Bitcoin rising 0.1 percent to $9,737. | | | | | | | |
| | | Two Plays on the Aging of America | | | | Americans continue to live longer. But more importantly, the average age of Americans continues to increase. This is leading to a trend called the "graying of America."
By 2035, it's estimated that there will be more retirees than children as a result of this gradual trend.
While some may see that as a reason to fear for America's economic future, there are plenty of great investments that can benefit from this trend—and that belong in your portfolio.
» FULL STORY | | | | |
| | Insider Trading Reports: Intel (INTC) | | | | Alyssa Henry, a director at Intel (INTC), made a one-million-dollar buy to build a starting stake in the company.
The purchase resulted in the acquisition of 15,400 shares, starting from scratch.
Overall insider buying at Intel is mixed, but over the past three years, insider sales at the company have far exceeded insider buys—a situation normal given the large amount of stock options issued by tech companies.
» FULL STORY | | | | |
| | Unusual Options Activity: Gilead Sciences (GILD) | | | | Trader bets on major rally in coming months.
April 17th $80 call options on Gilead Sciences (GILD) saw a 38-fold rise in trading, going from 805 open contacts to over 30,300 trade hands.
The bet, expiring in just 68 days, is that shares will move about $12 higher from their price of $68, or about 17.6 percent.
The total returns on shares will have to clear 20 percent by expiration, given that the buyer of the options paid $1.30 for the stake.
» FULL STORY | | | | |
| | | | TOP | | | NLOK | 12.039% | | | | NOV | 10.461% | | | | ABBV | 5.861% | | | | FDX | 4.73% | | | | TMUS | 3.226% | | | | BOTTOM | | | TTWO | 11.852% | | | | FLT | 6.717% | | | | IPGP | 5.585% | | | | DXC | 5.573% | | | | VRSN | 5.472% | | | | |
| | |  | | The workshop of the world is closed. China is on a total-war footing. The Communist Party has evoked the "spirit of 1937" and mobilised all the instruments of its totalitarian surveillance system to fight both coronavirus, and the truth. Make GDP forecasts if you dare. | | - Ambrose Evans-Pritchard of The Telegraph on why the world economy is still in danger from the coronavirus outbreak in China.  | |
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