Greece joined the international community of countries issuing negative-yielding bonds. The country sold €487.5 million in 13-week bills with a yield of -0.02 percent.
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| |  Good morning. Greece joined the international community of countries issuing negative-yielding bonds. The country sold €487.5 million in 13-week bills with a yield of -0.02 percent. This comes 8 years after the country's short-term debt yield as high as 10 percent on the back of a financial crisis that nearly brought the Eurozone to financial collapse.
There's really only one question that matters: Is Greece really an economy healthier than the United States, or is the push to negative-yielding bonds an uncharted monetary experiment with unknown, but likely dire, results? Either way, investors should already know to beware Greeks bearing bonds.
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| | |  | s DOW 26,496.67 | +0.57% | | | | S&P 2,938.13 | +0.64% | | | | NASDAQ 7,950.78 | +0.60% | | | | | *As of market close | | | • | Stocks rallied yesterday, as President Trump hinted at a trade deal with China. | | | • | Oil rallied 2 percent, to $53.70 per barrel. | | | • | Gold dropped nearly 1 percent, , to $1,498 per ounce. | | | • | Cryptocurrencies traded flat, with Bitcoin prices dropping $1. | | | |
| | | Three Retail Stocks to Buy Ahead of the Holidays | | | | The holiday season is in full swing—at least, at any retail store, where halls are already bedecked with the gifts and décor covering Halloween, Thanksgiving, Hanukah, and Christmas. While it seems a little early, one well-known fact about retail is that most places operate at break-even or even a loss for most of the year. It's the holiday season, that last six weeks of the year, which puts these operations in the green for all 52-weeks.
» FULL STORY | | | | |
| | Insider Activity: National Security Group (NSEC) | | | | Fred Clark, a director at National Security Group (NSEC), picked up 9,813 shares recently, increasing his stake by 11 percent and leaving him with 98,723 shares. The buy cost just over $118,000.
Insiders have been buyers at the company in the past year, with the last insider sale occurring in 2018. Overall, insiders own 52 percent of outstanding shares, a huge sign that management is aligned with shareholders for growing long-term value.
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| | Unusual Options Activity: Encana (ECA) | | | | The November 15th $4.00 call options on Encana (ECA) saw over 21,800 contracts trade, an 85-fold surge in volume relative to the prior open interest of 258. With shares already at $4.30, the option is about 7 percent in-the-money, and should move penny-for-penny with shares in the next 35 days until expiration.
The buyer paid $0.50, or $50 per contract, indicating that shares need to be at least $4.50 in the next month to guarantee a profit.
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| | | | TOP | | | SWKS | 5.179% | | | | NFLX | 4.841% | | | | FCX | 4.795% | | | | QRVO | 4.789% | | | | WRK | 4.147% | | | | BOTTOM | | | NTAP | 3.095% | | | | KR | 2.813% | | | | HRL | 2.731% | | | | DD | 2.577% | | | | ADSK | 2.453% | | | |
| | |  | | Mr. Trump's recent impeachment risk has turned the timetable against him. While China is not eager to reach a trade deal, Mr. Trump is, however, under pressure to get at least a temporary deal done to help his re-election bid before his impeachment risk rises and the U.S. economy weakens further. | - Chi Lo, senior economist at BNP Paribas Asset in Hong Kong, on the need for President Trump to strike a trade deal soon.  | |
| | Just Released: The Top 8 Stocks to Buy for 2020 | | |  Of the nearly 4,500 publicly traded stocks, all but 70 are barely worth the fancy paper they're printed on.
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