Day: February 24, 2022

Oil
Russia
War
Warfare

Russian Oil Offered at Record Discount as Buyers Hit Pause

(Bloomberg) — Russia’s flagship crude oil was offered for sale at a record discount as some buyers and shipping companies fretted over potential sanctions by the West following the country’s invasion of Ukraine. Oil freight transportation costs boomed. The nation’s Urals crude was offered at $11.60 a barrel below Dated Brent, a marker for physical […]

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Chemicals
Specialty Materials
Trade Of The Day

Be On The Lookout For Cabot Corporation (CBT)

Cabot Corporation operates as a specialty chemicals and performance materials company. It operates through three segments: Reinforcement Materials, Performance Chemicals, and Purification Solutions. The company offers reinforcing carbons used in tires as a rubber reinforcing agent and performance additive, as well as in industrial products, such as hoses, belts, extruded profiles, and molded goods. CBT […]

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Gold
Top Stocks
Top Stocks To Watch

3 Gold Stocks To Buy Now

Idaho Strategic Resources, Inc. (NJMC) Idaho Strategic Resources, Inc. engages in the exploring, developing, and extracting gold, silver, and base metal mineral resources in the Greater Coeur d’Alene Mining District of North Idaho and Western Montana. It owns 100% interest in the Golden Chest Mine. Barrick Gold Corporation (GOLD) Barrick Gold Corporation engages in the […]

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Russia
Russian Economy
War
Warfare

Russian Stocks’ 33% Crash Is Fifth-Worst in Market History

(Bloomberg) — Russia’s rout on Thursday is the fifth-worst plunge in equity market history in local currency terms as investors sold the nation’s assets following the country’s invasion of Ukraine. The benchmark MOEX Russia Index closed 33% lower in Moscow, erasing $189 billion in shareholder wealth, as Western leaders vowed to step up penalties on […]

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Aluminum
Automotive
Daily Rundown
Software
Steel
Theme Parks

Software, Automotive, Steel, Theme Parks, Aluminum

Insight Enterprises, Inc. (NSIT) IInsight Enterprises, Inc., together with its subsidiaries, provides information technology (IT) hardware, software, and services solutions in the United States, Canada, Europe, the Middle East, Africa, and the Asia-Pacific. The company’s solution portfolio includes cloud enablement, data and AI, DevOps, digital strategy, intelligent applications and edge, and IoT solutions, as well […]

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Agriculture
One Hot Stock

Nutrien Ltd. (NTR)- Buy Price: $77.40 or better

Buy Price: $77.40 or better Sell Price: TradersPro Sell Signal Nutrien Ltd. provides crop inputs, services, and solutions. The company offers potash, nitrogen, phosphate, and sulfate products; and financial solutions. It also distributes crop nutrients, crop protection products, seeds, and merchandise products through approximately 2,000 retail locations in the United States, Canada, South America, and […]

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Crude Oil
Oil

Texas Spurs Copycats as States Punish Banks That Snub Oil and Gas

(Bloomberg) — State legislatures across the U.S. are drafting bills to prohibit business with finance firms that restrict ties to the oil and gas industry, following in the footsteps of Texas. Last year, the Lone Star state prohibited government contracts with or pension investments in companies that have shunned fossil-fuel producers. The group behind the […]

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Defensive Stocks
Gold
Gold Stocks
Inflation Hedge
Value Investing
Value Stocks

GOLD is rising with Russia-Ukraine tension. Has it passed the point of good value?

It’s always interesting to watch the way market sentiment and investor attention shifts over time. COVID and the continuing pandemic has naturally dominated the news cycle since it arrived in the United States two years ago. Corporate America’s ability to pivot quickly and adapt rapidly to keep business going is one of the reasons that […]

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Russia
War

Russian Stock Market Rout Wipes Out $250 Billion in Value

(Bloomberg) — Russian assets nosedived as military attacks across Ukraine prompted emergency central bank action and investors braced for the toughest round of Western sanctions yet, wiping out as much as $259 billion in stock-market value. The ruble sank to a record low, the cost of insuring Russian debt against default soared to the highest […]

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