SAH Seeing Traffic Above Pre-Pandemic Levels in Some Locations

SAH Seeing Traffic Above Pre-Pandemic Levels in Some Locations

Sonic Automotive (SAH) recently updated investors with information on the return of customers after the COVID-19 shutdown. The company previously announced that it would be working to reduce costs during the pandemic, to address cash flow needs.  On the cost reduction front, management reported SAH has now cut $7 million in expenses per month, and […]

Make 9.7% On America’s Most Notorious Bank

Make 9.7% On America’s Most Notorious Bank

Despite plenty of volatility in the market, it hasn’t been any easier to generate income for your portfolio. Yields are still ultra-low for most fixed income instruments. Moreover, many high-yield dividend stocks have slashed their dividend payments. Regarding dividend stocks, buying and holding them is certainly not an unreasonable way to generate yield. The best […]

Trade of the Week: Facebook

Trade of the Week: Facebook

The market is experiencing a resurgence of volatility, adding to the already very active options market. Last week, the bears finally caught up to Facebook (FB). The social media platform’s share price dropped 8% in one day, with options trading over 1 million contracts. The selloff came courtesy of Verizon (VZ), which decided to pull […]