(Bloomberg) — Global commodity prices are surging anew, with huge double-digit gains running rampant across the scorecard, putting further pressure on an already strained market and sparking fresh anxiety of stagflation. The market chaos caused by the war in Ukraine hit a new level on Monday amid reports the U.S. is considering a ban on […]
Read More(Bloomberg) — Starbucks Corp. and Coca-Cola Co. joined the steady stream of companies suspending operations or pulling out of Russia, as Fitch Ratings said a bond default is “imminent” because of the country’s financial isolation after its invasion of Ukraine. Russian forces intensified their bombardment of Ukraine’s capital Kyiv, the U.S. said. That’s even as Moscow […]
Read MoreAlcoa Corporation, together with its subsidiaries, produces and sells bauxite, alumina, and aluminum products in the United States, Spain, Australia, Iceland, Norway, Brazil, Canada, and internationally. The company operates through three segments: Bauxite, Alumina, and Aluminum. AA $84.2400 -1.1600 % -1.3600 Alcoa Corp Sector : Industrial Products Industry : Metal Products – Distribution Signal Short […]
Read MoreClick the symbol for the chart and signal Ryerson Holding Corporation (RYI) Ryerson Holding Corporation, together with its subsidiaries, processes and distributes industrial metals in the United States, Canada, Mexico, and China. It offers a line of products in carbon steel, stainless steel, alloy steels, and aluminum. Nucor Corporation (NUE) Nucor Corporation manufactures and sells […]
Read More(Bloomberg) — Shale giants EOG Resources Inc. and Devon Energy Corp. are sitting on thousands of federal drilling permits, many of which could be used to produce oil from the prolific Permian basin as a U.S. ban on Russian oil increases demand for other crude. EOG and Devon hold more permits than other company, according […]
Read MoreNexstar Media Group, Inc. (NXST) Nexstar Media Group, Inc., a television broadcasting and digital media company, focuses on the acquisition, development, and operation of television stations and interactive community websites and digital media services in the United States. The company offers free programming to television viewing audiences. American Financial Group, Inc. (AFG) American Financial Group, […]
Read MoreOne of the sectors that I like to pay attention to as a barometer for the underlying relative health of the economy is the Materials sector, because the companies that comprise it produce or mine many of the raw materials that make up the building blocks used to create most of the finished goods we […]
Read MoreBuy Price: $178.90 or better Sell Price: TradersPro Sell Signal Enphase Energy, Inc., together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter, which converts energy at the individual solar module level, and combines with its proprietary […]
Read More(Bloomberg) — TC Energy Corp.’s Keystone XL crude pipeline could be built by the first quarter of next year if the Biden administration were to reverse its decision to cancel the project. Construction of the controversial pipeline, which would have raised Canada’s oil-sands export capacity to the U.S. by almost 900,000 barrels a day, had […]
Read MoreWith gasoline prices poised to reach a new all-time high within days, President Joe Biden recently issued a stern warning to the nation’s oil producers and gas retailers. “American oil and gas companies should not – should not exploit this moment to hike their prices to raise profits,” Biden said in a speech. Are they, […]
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