Day: February 3, 2022

Hedge Funds

Melvin Capital Has Another Bad January After Raising $6 Billion in 2021

(Bloomberg) — Melvin Capital Management, after raising almost $6 billion last year, just booked another January of steep losses. Gabe Plotkin’s hedge fund tumbled 15% last month, according to a person familiar with the matter, compared with a 9% drop for the tech-heavy Nasdaq Composite Index and 5.3% decline for the S&P 500. The first […]

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Gold Bullion
Gold Stocks

Looks Like There’s a Whale Snapping Up Gold Bullion Below $1,800

(Bloomberg) — Spot gold is again bobbing along near $1,800 an ounce, as it has been since mid-2020. The stickiness of that level, particularly as fundamentals turned more bearish, suggests there’s a big buyer somewhere in these waters. Since breaking above the round number in July 2020, the gold price dipped below it 19 times […]

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Natural Gas
Trade Of The Day

Oneok Inc. (OKE) Outpaces Stock Market – What You Should Know

ONEOK, Inc., together with its subsidiaries, engages in gathering, processing, storage, and transportation of natural gas in the United States. It operates through Natural Gas Gathering and Processing, Natural Gas Liquids, and Natural Gas Pipelines segments. The company owns natural gas gathering pipelines and processing plants in the Mid-Continent and Rocky Mountain regions. OKE $62.0700 […]

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Oil Field Machinery
Top Stocks
Top Stocks To Watch

3 Top Oil Field Machinery Stocks To Buy Now

Exterran Corporation (EXTN) Exterran Corporation, a systems and process company, provides various solutions in the oil, gas, water, and power markets worldwide. The company operates through three segments: Contract Operations, Aftermarket Services, and Product Sales. It offers compression, processing, and treating services through the operation of natural gas compression equipment, and crude oil and natural […]

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Earnings Reports

Amazon Shares Jump as Cloud Unit Helps Drive Profit Past Estimates

(Bloomberg) — Inc. reported a a strong holiday quarter, calming Wall Street’s concerns that the company was headed for a slowdown. Profit beat expectations, helped by the cloud-computing division, and investors cheered a price hike for the company’s Prime subscription service. The shares jumped about 18% in extended trading. Fourth-quarter sales increased 9.4% to […]

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Warren Buffett

Buffett Strikes Gold as Japan Trading Houses See Record Profits

(Bloomberg) — Warren Buffett’s surprise bet on Japan’s trading houses is paying off as the companies expect a record-breaking rebound in profits. The trading companies, known as “sogo shosha” in Japan, boosted their net income outlook after the rebound in prices of everything from crude oil to iron ore. Buffett shocked the world in 2020 […]

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Digital Entertainment
Digital Media
Internet Of Things
Mobile Devices
Tech Stocks
Value Stocks

AT&T is giving up its Dividend Aristocrat status – is it still a good buy?

There are a lot of ways that analysts and investing firms have learned to categorize publicly traded companies. Sector and industry breakdowns are really just the start; depending on the service you may use, you may be able to sift through and group the tens of thousands of available stocks based on every kind and […]

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Crude Oil
Daily Rundown
Healthcare Solutions
Natural Gas
Oil Exploration

Coal, Natural Gas, Healthcare, Finance, Leasing

Peabody Energy Corporation (BTU) Peabody Energy Corporation engages in coal mining business in the United States, Japan, Taiwan, Australia, China, India, Vietnam, South Korea, and internationally. The company operates through Seaborne Thermal Mining, Seaborne Metallurgical Mining, Powder River Basin Mining, and Other U.S. Thermal Mining segments. Range Resources Corporation (RRC) Range Resources Corporation operates as […]

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One Hot Stock

Intrepid Potash, Inc. (IPI) – Buy Price: $47.00 or better

Buy Price: $47.00 or better Sell Price: TradersPro Sell Signal Intrepid Potash, Inc. produces and sells potash and langbeinite products in the United States and internationally. It operates through three segments: Potash, Trio, and Oilfield Solutions. The stocks founds in the One Hot Stock category use stocks that are in long term, short term trends and are […]

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Mother Of All Crashes
Stock Market Crash

Facebook Owner Meta Set for $200 Billion Wipeout, Among Worst in Market History

(Bloomberg) — Meta Platforms Inc.’s one-day crash could rank among the worst in stock-market history. The Facebook parent plunged 20% in early U.S. trading on the back of poor earnings results, putting it on track to lose about $180 billion in market value. While there’s no certainty the losses will hold, especially given the recent […]

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Bear Market
Bond Market
Fed Rate Hikes
Fed Taper
Historic Bull Market
Job Market

Bridgewater Sees Market Turmoil on ‘Aggressive’ Fed Tightening

(Bloomberg) — Investors may be underestimating the need for “aggressive” monetary tightening from the Federal Reserve and other central banks to combat inflation, resulting in “significant risks” for markets, according to Bridgewater Associates. Following hawkish comments from the Fed Chair Jerome Powell last week, investors have brought forward expectations of tightening, pricing in five quarter-point […]

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