Day: March 20, 2022

Oil

After Oil’s Surge, Saudi Aramco Hikes Spending to Boost Output

(Bloomberg) — Saudi Aramco will increase spending and issue bonus shares as oil’s surge to more than $100 a barrel bolsters the company’s plan to boost production. The Saudi Arabian firm, like rivals such as BP Plc and Chevron Corp., has experienced a sharp turnaround from 2020, when the coronavirus pandemic hammered energy demand and […]

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Freight Transportation
Shipping Transportation
Top Stocks
Top Stocks To Watch
Transportation

3 Transportation Stocks You Should Consider Now

Click the symbol for the chart and signal Eagle Bulk Shipping Inc. (EGLE) Eagle Bulk Shipping Inc. engages in the ocean transportation of dry bulk cargoes worldwide. The company owns, charters, and operates dry bulk vessels that transport a range of bulk cargoes, including iron ore, coal, grains, fertilizers, steel products, petcoke, cement, and forest […]

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Oil
Trade Of The Day
TradersPro Sunday

Why Range Resources (RRC) Is Soaring And What You Need To Do

Range Resources Corporation operates as an independent natural gas, natural gas liquids (NGLs), and oil company in the United States. The company engages in the exploration, development, and acquisition of natural gas and oil properties RRC $26.5500 -0.3700 % -1.3700 Range Resources Corp Sector : Oils-Energy Industry : Signal Short Term Trend Long Term Trend […]

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Stock Market Bottom
Stock Market Rally

‘Dash for Trash’ Fuels Big Bounce for Money-Losing Growth Stocks

(Bloomberg) — No earnings? No problem. That was the message from investors this week who stormed back into the shares of faster-growing companies with little in the way of profits after months of chasing value stocks. While major benchmarks rallied, a Goldman Sachs index of unprofitable tech companies was up 18% over the five sessions. […]

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Biotech
Biotechnology

Wall Street Sees Signs Battered Biotech Has Turned a Corner

(Bloomberg) — A four-day rebound in biotechnology stocks may be about to gain momentum after an industry ETF rose above a key resistance level, according to the chief strategist at Miller Tabak. The iShares Nasdaq Biotechnology ETF, or IBB, climbed over its 50-day moving average Friday after twice failing to clear the barrier in the […]

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