(Bloomberg) — The feel-good days for global markets at the end of March are firmly over. Everything from stocks to bonds is falling — even oil has pulled back from near records — in a concerted cross-asset selloff with echoes of the rate-spurred rout of October 2018. Blame it on a Federal Reserve intent on […]
Read More(Bloomberg) — Two biopharmaceutical companies enjoyed a meme-like day on Monday, surging at least twofold on promising results. Veru Inc. more than tripled intraday in its biggest jump ever with more than 293 million shares changing hands, by far a daily record. The gains come after a late-stage study of the drug developer’s experimental medicine […]
Read More(Bloomberg) — The chief investment officer of a New York firm specializing in trade finance was ordered to spend 12 years in prison for defrauding clients of more than $100 million. David Hu, one of the founders of International Investment Group, was sentenced on Monday by U.S. District Judge Alvin Hellerstein in Manhattan. Hu and […]
Read MoreSouthwestern Energy Company, an independent energy company, engages in the exploration, development, and production of natural gas, oil, and natural gas liquids (NGLs) in the United States. It operates through two segments, Exploration and Production, and Marketing. SWN $7.9100 -0.0900 % -1.1200 Southwestern Energy Company Sector : Oils-Energy Industry : Signal Short Term Trend Long […]
Read MoreClick the symbol for the chart and signal SandRidge Energy, Inc. (SD) SandRidge Energy, Inc. engages in the acquisition, development, and production of oil and natural gas primarily in the United States Mid-Continent. As of December 31, 2021, it had an interest in 817.0 net producing wells. Occidental Petroleum Corporation (OXY) Occidental Petroleum Corporation, together […]
Read More(Bloomberg) — Daily Journal Corp., a newspaper and software business that counts Charlie Munger as one of the overseers of its stock portfolio, cut its stake in Chinese internet giant Alibaba Group Holding Ltd. by roughly half. The Los Angeles-based company owned 300,000 American depositary shares in Alibaba at the end of March, according to […]
Read MoreEquinor ASA (EQNR) Equinor ASA, an energy company, engages in the exploration, production, transportation, refining, and marketing of petroleum and petroleum-derived products, and other forms of energy in Norway and internationally. It operates through Exploration & Production Norway. GasLog Partners LP (GLOP) GasLog Partners LP acquires, owns, and operates liquefied natural gas (LNG) carriers under […]
Read MoreBuy Price: $30.20 or better Sell Price: TradersPro Sell Signal Flex LNG Ltd., through its subsidiaries, engages in the seaborne transportation of liquefied natural gas (LNG) worldwide. As of February 16, 2022, it owned and operated nine M-type electronically controlled gas injection LNG carriers; and four vessels with generation X dual fuel propulsion systems. The […]
Read More(Bloomberg) — Bond markets and the S&P 500 are too sanguine about the economic outlook, according to Morgan Stanley’s chief U.S. equity strategist. “We have another example of extreme divergence between the internals of the stock market which are strongly indicating a growth scare, while bonds and the S&P 500 are suggesting growth is not […]
Read MoreMarkets are naturally cyclical – they swing from high to low and back again on a consistent, if unpredictable basis over a range of time frames. The different time periods associated with any given cycle, or sometimes even the depth of a certain cycle’s direction, can shade the casual investor’s perception about a stock’s opportunity. […]
Read More(Bloomberg) — Shares in Twitter Inc. fell after Elon Musk decided not to join the board, after speculation the world’s richest person could mount a takeover of the social media platform. After discussions with management, Musk decided against joining Twitter’s board over the weekend, a dramatic reversal that also ends a previous agreement to keep […]
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