Buy Price: $68.35 or better Sell Price: TradersPro Sell Signal Kenon Holdings Ltd., through its subsidiaries, operates as an owner, developer, and operator of power generation facilities in Israel and internationally. It operates in three segments: OPC, Quantum, and ZIM. The company’s power generation plants operate on natural gas and diesel with an installed capacity […]
Read MoreThe longer a bull market lasts, the more extended price valuations become. The longer that condition continues, the harder it becomes for value-oriented investors to justify long-term investments in most of the stocks, industries and sectors that everybody else is talking about. On the other hand, market downturns are things that tend to give value […]
Read More(Bloomberg) — Apple Inc. looks set to snap its longest win streak this year after a report that the iPhone maker is cutting production of its entry-level smartphone by a fifth amid lower demand for consumer electronics. After nine straight sessions of gains, the stock fell 2% as of 6:36 a.m. in New York premarket […]
Read More(Bloomberg) — Tesla Inc. gained in early trading after the carmaker said it plans to seek shareholder approval for a move that would enable its second stock split in roughly two years. The company said in an oddly worded tweet early Monday that it will ask shareholders at this year’s annual meeting to authorize additional […]
Read More(Bloomberg) — Stock investors shouldn’t fret about U.S. treasury yield curves inverting just yet, JPMorgan Chase & Co. strategists said, as a global bond selloff gathered pace. “Recessions don’t typically start ahead of the curve inverting, and the lead-lag could be very substantial, as long as 2 years,” the strategists led by Mislav Matejka wrote […]
Read More(Bloomberg) — Saudi Arabia’s sovereign wealth fund may invest hundreds of millions of dollars in four local construction firms as it looks to bolster an industry that’s been crippled by payment delays from the government in recent years. The Public Investment Fund is in talks with Nesma Holding, El Seif Group, Almabani General Contractors and […]
Read More(Bloomberg) — Treasuries slumped anew to send a widely-watched part of the U.S. yield curve to its first inversion in 16 years. The curve is flattening as investors bet the Federal Reserve will tighten policy rapidly enough to risk a sustained slowdown in growth. U.S. five-year yields climbed nine basis points to 2.63%, rising above […]
Read More(Bloomberg) — Investors are scrambling for safety as risks mount, from the war in Ukraine to rising interest rates and a global recession. They have found it in the U.S. stock market — particularly the biggest American companies. The S&P 500 Index is up more than 8% over the past two weeks, recouping all of […]
Read MoreClick the symbol for the chart and signal Synalloy Corporation (SYNL) Synalloy Corporation manufactures and sells metals and specialty chemicals in the United States and internationally. The company’s Metals segment offers stainless steel, galvanized, and other alloy pipes and tubes under the BRISMET trade name; liquid storage solutions and separation equipment; and ornamental stainless steel […]
Read MoreNational Fuel Gas Company operates as a diversified energy company. It operates through four segments: Exploration and Production, Pipeline and Storage, Gathering, and Utility. The Exploration and Production segment explores for, develops, and produces natural gas and oil in California and in the Appalachian region of the United States. NFG $68.5900 3.0700 % 4.6900 National […]
Read More(Bloomberg) — Swaps traders priced in a full two percentage points of additional Federal Reserve interest-rate hikes for 2022 as Treasury yields surged anew on Friday, led by the short end of the curve. The moves came amid developments in Russia’s invasion of Ukraine and following more hawkish policy predictions by one of Wall Street’s […]
Read More(Bloomberg) — When Jim O’Neill devised the BRIC acronym at the turn of the century, the former Goldman Sachs Group Inc. chief economist did not intend the catchy phrase to be exploited for marketing investment funds. Money managers scrambled to start funds anyway. The likes of Schroders Plc and Franklin Templeton — along with Goldman […]
Read MoreClick the symbol for the chart and signal National Fuel Gas Company (NFG) National Fuel Gas Company operates as a diversified energy company. It operates through four segments: Exploration and Production, Pipeline and Storage, Gathering, and Utility. The Exploration and Production segment explores for, develops, and produces natural gas and oil in California and in […]
Read MoreThis independent energy company, engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids in the state of Texas. As of February 24, 2022, it had 492.0 million barrels of oil equivalent of estimated proved reserves. SM $42.4800 2.6700 % 6.7100 Sm Energy Company Sector : Oils-Energy Industry : […]
Read More(Bloomberg) — Apple Inc. is working on a subscription service for the iPhone and other hardware products, a move that could make device ownership similar to paying a monthly app fee, according to people with knowledge of the matter. The service would be Apple’s biggest push yet into automatically recurring sales, allowing users to subscribe […]
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