(Bloomberg) — A pattern traced by the S&P 500 index’s volatility gauge is vindicating Wednesday’s dip-buyers. The pattern stems from the futures curve for the Cboe Volatility Index, a gauge of implied equity swings for the U.S. benchmark derived from options trading. The curve has been in a prolonged backwardation, where shorter-term contracts are costlier […]
Read More(Bloomberg) — Until this month, the only U.S. exchange-traded fund tracking wheat had never lured more than $35 million in a single day. On Friday alone, it added five times that amount. The Teucrium Wheat Fund (ticker WEAT) gathered almost $183 million at the end of last week as futures soared following Russia’s invasion of […]
Read More(Bloomberg) — A bout of fresh volatility is hitting Chinese equities, evoking memories of the 2018 meltdown, as the war in Ukraine threatens to complicate the Asian nation’s plans to ease policy and potentially worsen its already strained relations with the U.S. Traders were taken for a wild ride on Wednesday as stock benchmarks in […]
Read MoreThe Kroger Co. operates as a retailer in the United States. The company operates combination food and drug stores, multi-department stores, marketplace stores, and price impact warehouses. Its combination food and drug stores offer natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce. KR $57.0000 1.6600 % 3.0000 Kroger […]
Read MoreClick the symbol for the chart and signal Village Super Market, Inc. (VLGEA) Village Super Market, Inc. operates a chain of supermarkets in the United States. Its stores feature specialty departments, such as an on-site bakery, an expanded delicatessen; and various natural and organic foods, ethnic and international foods, prepared foods, and pharmacies. Weis Markets, […]
Read MoreThousands more people could soon have their student loan balances wiped clean as the Biden administration works to identify borrowers who are eligible for student loan forgiveness for public service. It’s the latest effort by the Education Department to provide relief for borrowers burdened with billions of dollars in student loan debt. The number of […]
Read MoreFreeport-McMoRan Inc. (FCX) Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. The company primarily explores for copper, gold, molybdenum, silver, and other metals, as well as oil and gas. Matson, Inc. (MATX) Matson, Inc., together with its subsidiaries, provides ocean transportation and logistics services. The company’s Ocean […]
Read MoreBuy Price: $9.75 or better Sell Price: TradersPro Sell Signal EnLink Midstream, LLC provides midstream energy services in the United States. It operates through Permian, Louisiana, Oklahoma, North Texas, and Corporate segments. The company is involved in gathering, compressing, treating, processing, transporting, storing, and selling natural gas. The stocks founds in the One Hot Stock category use […]
Read MoreOne of the things I like about value investing is that it complements a natural tendency I’ve had since childhood, which is to go against the grain of what people say I should do or want me to do. Not surprisingly, that attitude got me into a lot of trouble as a kid – but […]
Read More(Bloomberg) –U.S. inflation may approach 10% this year, according to DoubleLine Capital’s Jeffrey Gundlach, a historic level that he said underscores the need for the Federal Reserve to aggressively tighten monetary policy even amid fresh uncertainty caused by Russia’s war in Ukraine. “Their job is to fight inflation,” the billionaire money manager said of the […]
Read More(Bloomberg) — Senators Sheldon Whitehouse and Elizabeth Warren say they’re working on a proposed new tax targeting profits being reaped by oil companies as crude prices spike amid geopolitical tensions. “Big Oil’s first priority is to maximize profits,” Warren, a Massachusetts Democrat, tweeted on Wednesday. “We can’t let them use Putin’s invasion as an excuse […]
Read More(Bloomberg) — Locking in a price to sell coal at $84 a metric ton must have seemed like a good bet for Peabody Energy Corp. a year ago. Back then, many factories and offices were still shuttered, demand for electricity was weak and while vaccines were starting to be distributed, it was unclear when the […]
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