(Bloomberg) — Tesla Inc. set a record for profit but warned that supply chain problems will keep it from introducing new vehicle models this year while it focuses on expanding production of its current lineup. That means fans of the Cybertruck will have to wait until at least 2023. On the other hand, full self-driving […]
Read More(Bloomberg) — U.S. equity futures and Asian stocks retreated Thursday as investors digested Federal Reserve Chair Jerome Powell’s signal of a March interest-rate liftoff and the possibility of unexpectedly aggressive tightening. Equities fell in Japan and South Korea — where Samsung Electronics Co. missed profit estimates — while Australian shares declined 10% from an August […]
Read MoreMarket volatility looks set to stick around, with stock futures dropping after a wild Wall Street session that harked back to 2008, as the S&P 500 dug out of deep losses to close higher. “At one point yesterday it felt like we were in a full-blown crisis let alone a recession,” noted Deutsche Bank strategist […]
Read More(Bloomberg) — On the surface, the recent land auction by the Chinese city of Rizhao appeared routine. There were four bids, pushing the price up 11% to $170 million. A closer look reveals something curious: The offers were reportedly made by a finance entity owned by the Rizhao government, meaning the city effectively sold land […]
Read MoreAlliance Resource Partners, L.P., a diversified natural resource company, produces and markets coal primarily to utilities and industrial users in the United States. The company operates through three segments: Illinois Basin, Appalachia, and Minerals. ARLP $14.1900 0.2300 % 1.6500 Alliance Resource Pt Sector : Oils-Energy Industry : Coal Signal Short Term Trend Long Term Trend […]
Read MoreDirexion Daily Dow Jones Internet Bear 3X Shares (WEBS) The Daily Dow Jones Internet Bear 3X Shares seek daily investment results, before fees and expenses, of 300% of the inverse (or opposite), of the performance of the Dow Jones Internet Composite Index. Energy Exploration & Production ETF (PXE) The Direxion Daily SP Biotech Bull and […]
Read More(Bloomberg) — Intel Corp. gave a disappointing forecast for profit in the current quarter, fueling concern that the cost of Chief Executive Officer Pat Gelsinger’s turnaround plan will weigh heavily on the chipmaker’s financial performance. Excluding some items, earnings will be 80 cents a share in the first quarter, Intel said in a statement Wednesday. […]
Read More(Bloomberg) — Stocks fell and Treasury yields surged as Jerome Powell reinforced that the Federal Reserve is committed to ensuring high inflation doesn’t become entrenched, while adding that he doesn’t rule out a hike every meeting. The S&P 500 extended losses, the dollar pushed higher while 10-year yields topped 1.8%. The Fed chief said the […]
Read More(Bloomberg) — The Federal Reserve signaled it will start raising interest rates “soon” and shrink its bond holdings after liftoff has begun, moving toward ending ultra-easy pandemic support to fight the hottest inflation in a generation. “With inflation well above 2% and a strong labor market, the committee expects it will soon be appropriate to […]
Read MoreDillard’s, Inc. (DDS) Dillard’s, Inc. operates retail department stores in the southeastern, southwestern, and midwestern areas of the United States. Its stores offer merchandise, including fashion apparel for women, men, and children; and accessories, cosmetics, home furnishings, and other consumer goods. Matador Resources Company (MTDR) Matador Resources Company, an independent energy company, engages in the […]
Read MoreBuy Price: $16.50 or better Sell Price: TradersPro Sell Signal Vermilion Energy Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and production of petroleum and natural gas in North America, Europe, and Australia. The stocks founds in the One Hot Stock category use stocks that are in long term, short term trends and are […]
Read MoreCisco Systems Inc. (CSCO) is one of the most recognizable and established companies in the Technology sector. With a market cap of about $245 billion, they are also one of the largest, if not THE largest player in the Networking & Communications segment. They are, without question, the standard that all other networking businesses are […]
Read More(Bloomberg) — Deutsche Bank AG is betting the diverging policy paths between the Federal Reserve and the People’s Bank of China will result in U.S. equities correcting further and China’s getting a boost, joining several other Wall Street banks in making the call. The German lender’s international private banking unit downgraded U.S. equities to neutral […]
Read More(Bloomberg) — Jeremy Grantham got the market’s attention with his “super bubble” call on U.S. stocks. Now he wants to get an even more alarming and urgent message out, one his critics may find harder to accept. The “Goldilocks” period of the past 25 years is ending, and the world needs to prepare for a […]
Read More(Bloomberg) — The strategists who saw this miserable stock rout coming say there’s still more pain ahead. With the S&P 500 sliding more than 10% from recent records, bears from the likes of Mizuho International Plc and Bank of America Corp. warn of fresh selling to come as growth momentum eases just as the Federal […]
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