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 […]
Read More(Bloomberg) — Velodyne Lidar Inc. shares more than doubled in late trading after Amazon.com 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 […]
Read MoreMagnolia 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% […]
Read MoreAbercrombie & 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 […]
Read MorePermian 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 […]
Read More(Bloomberg) — Amazon.com 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 […]
Read MoreBuy 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 […]
Read More(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 […]
Read MoreI 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 […]
Read MoreTraditional 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 […]
Read More(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 […]
Read MoreA 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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