Day: February 7, 2022

Inflation Stocks
Wall Street

Wall Street Is Wrong About Inflation

As supply recovers more slowly than demand, shortages of everyday items have led to price increases. Olivier Douliery/AFP via Getty Images The Federal Reserve is the nation’s chief economic doctor. Its job is to diagnose problems in our economy and then to treat the patient. Critically, this requires differentiating between symptoms and underlying causes. In […]

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Self Driving Cars

Amazon in Pact for Potential Stake in Auto-Sensor Maker Velodyne

(Bloomberg) — Velodyne Lidar Inc. shares more than doubled in late trading after Inc. acquired warrants that could lead to a small stake in the auto-sensor maker. Velodyne agreed to issue to Amazon a warrant to acquire more than 39 million shares or as much as 5%, according to a filing; the warrant shares […]

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Natural Gas
Trade Of The Day

Should You Consider Investing in Magnolia Oil and Gas Corp. (MGY)?

Magnolia Oil & Gas Corporation engages in the acquisition, development, exploration, and production of oil, natural gas, and natural gas liquids reserves in the United States. MGY $22.0900 0.1900 % 0.8700 Magnolia Oil & Gas Corp Sector : Oils-Energy Industry : Signal Short Term Trend Long Term Trend BUY UP UP Day: 0.87% Wk: 0.83% […]

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Consumer Retail
Discount Retail
Fashion Retailers
Luxury Apparel
Top Stocks
Top Stocks To Watch

3 Retail Apparel Stocks To Buy Now

Abercrombie & Fitch Co. (ANF) Abercrombie & Fitch Co., through its subsidiaries, operates as a specialty retailer. The company operates in two segments, Hollister and Abercrombie. It offers an assortment of apparel, personal care products, intimates, and accessories for men, women, and children under the Hollister, Abercrombie & Fitch, abercrombie kids, Moose, Seagull, and Gilly […]

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Crude Oil
Daily Rundown
Diversified Financial
Natural Gas
Oil Exploration
Royalty Trust

Royalty Trust, Dry Bulk Cargo, Gaming Tech, Crude Oil, Diversified Financial

Permian Basin Royalty Trust (PBT) Permian Basin Royalty Trust, an express trust, holds overriding royalty interests in various oil and gas properties in the United States. The company owns a 75% net overriding royalty interest in the Waddell Ranch properties comprising Dune, Judkins, McKnight, Tubb, Devonian, and Waddell fields located in Crane County, Texas. Eagle […]

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Amazon Is Raising Base Salary Cap to $350,000 From $160,000

(Bloomberg) — Inc. is more than doubling the maximum base salary it pays employees to $350,000 from $160,000, the company told employees Monday. “This past year has seen a particularly competitive labor market, and in doing a thorough analysis of various options, weighing the economics of our business and the need to remain competitive […]

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Natural Gas
One Hot Stock

Whiting Petroleum Corporation (WLL) – Buy Price: $80.00 or better

Buy Price: $80.00 or better Sell Price: TradersPro Sell Signal Whiting Petroleum Corporation, an independent oil and gas company, engages in the acquisition, development, and production of crude oil, natural gas, and natural gas liquids primarily in the Rocky Mountains region of the United States. The company sells its oil and gas production to end […]

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Fed Rate Hikes
Federal Reserve

Bank of America Strategists Warn Fed Hikes in Pricey Market to End Poorly

(Bloomberg) — Optimists expecting the stock market to weather the rate-hike cycle as they’ve done in the past are missing one important detail, according to Bank of America Corp.’s strategists. While U.S. equities saw positive returns during previous periods of rate increases, the key risk this time round is that the Federal Reserve will be […]

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Semiconductor Fabrication
Tech Stocks
Value Investing
Value Stocks

Is INTC a bad-money Tech bet, or a big value?

I love movies. I love them so much that I often find myself recalling the sound bites from many of them whenever they seem to fit some aspect of life. One of my favorite movies is “The Man from Snowy River,” and one of my favorite sound bites from that film comes early in the […]

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Financial Advisers
Financial Planning
Financial Services
Financial Terms

5 popular financial rules you might want to scrap

Traditional financial advice like the kind you got from your parents is often true but even experienced investors might rely on maxims that are outdated and no longer serving your financial well-being. In fact, quite the opposite, as sticking to adages like “cash is king” (money is more valuable than other investments like stocks and […]

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Commodity Prices

Goldman Commodity Veteran Says He’s Never Seen a Market Like It

(Bloomberg) — Jeff Currie, the closely-followed head of commodities research at Goldman Sachs Group Inc. says he’s never seen commodity markets pricing in the shortages they are right now. “I’ve been doing this 30 years and I’ve never seen markets like this,” Currie said in a Bloomberg TV interview. “This is a molecule crisis. We’re […]

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Gold Miners
Mineral Properties
Minerals and Chemicals
U.S. Coal Miners
Uranium Mineral Properties

Mining Majors Are Treading Carefully As Battery Metals Boom

A World Bank report recently forecasted that we would need more than 3 billion tons of metals and minerals to limit the rise in global temperatures by 2 degrees by 2050. That’s more than 3 billion tons in raw materials for solar, wind, and battery storage. The World Bank is not the only one. The […]

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