(Bloomberg) — Any hope that the Treasury market’s biggest quarterly loss had priced in a worst-case scenario for inflation and Federal Reserve rate hikes is looking increasingly illusory. No sooner had the first quarter ended with a 5.6% loss for U.S. government bonds, the March employment data included a bigger-than-expected drop in the unemployment rate […]
Read More(Bloomberg) — Oil posted its biggest weekly loss in more than 10 years after the Biden administration ordered an unprecedented release of U.S. strategic reserves to tame rampant prices. West Texas Intermediate dropped 1% on Friday and over $14 dollars this week, the most since 2011. The U.S. plans to release 1 million barrels a […]
Read More(Bloomberg) — A proposed stock split by GameStop Corp. brought back echoes of peak-meme mania days to trading forums on Friday, with investors snatching up shares in the company and other retail favored-names. The video-game retailer jumped as much as 14% in New York before erasing gains to trade close lower Friday after it said […]
Read More(Bloomberg) — Visa Inc. and Mastercard Inc. are planning a raft of changes to rules for gas stations to allow larger transactions after a surge in fuel prices across the U.S. made it hard for some drivers to fill up using credit cards. Many gas stations have a $125 limit for Visa transactions at the […]
Read More(Bloomberg) — Barclays Plc’s $600 million structured products blunder has little precedent on Wall Street. But the bank’s past misconduct may have set the stage for the paperwork fail it revealed this week. A key issue at the heart of the regulatory breach appears to be its loss of the so-called well-known seasoned issuer status […]
Read More(Bloomberg) — Russia’s huge gold industry is searching for new ways to sell its metal, such as exporting more to China and the Middle East, as sanctions choke off its traditional sales routes. The second-biggest bullion miner is finding European and U.S. markets largely closed because of a ban on newly produced Russian gold, and […]
Read MoreThis company is an independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids reserves in the Midland Basin in West Texas. As of December 31, 2021, the company had approximately 64,213 MBoe of proved reserves. HPK $22.7500 0.5500 % 2.4800 Highpeak Energy […]
Read MoreClick the symbol for the chart and signal AerSale Corporation (ASLE) AerSale Corporation provides aftermarket commercial aircraft, engines, and its parts to passenger and cargo airlines, leasing companies, original equipment manufacturers, and government and defense contractors, as well as maintenance, repair, and overhaul (MRO) service providers worldwide. Innovative Solutions and Support, Inc. (ISSC) Innovative Solutions […]
Read More(Bloomberg) — U.S. farmers are poised to plant more soybeans than corn for just the third time ever as the highest fertilizer prices on record prompt growers to turn away from the cost-intensive grain. Corn and spring wheat futures rose. Corn seedings are estimated at 89.5 million acres, according to the U.S. Department of Agriculture’s […]
Read More(Bloomberg) — War, inflation and the lingering impact of a global disease made the first quarter a historically rough one for stock and bond investors. Across equity and fixed-income markets broadly, the least-bad performance among U.S. assets were declines of 4.9% in the S&P 500 and speculative credit. They were followed by a 5.6% fall […]
Read More(Bloomberg) — Stocks are still in a bull market, the U.S. isn’t headed toward a recession anytime soon and the Federal Reserve is more likely than not to orchestrate a soft landing, according to UBS Asset Management’s Jeremy Zirin. “The risk-reward from here is fairly balanced,” said Zirin, senior portfolio-manager and head of private client […]
Read More(Bloomberg) — Hedge funds distrust it, a clutch of strategists say it’s doomed, and the Federal Reserve probably wishes it would stop. But a fearsome stock market rally that has been giving prognosticators fits is refusing to go away. A final-hour surge Friday salvaged a third straight up week for the S&P 500 — barely […]
Read MoreArcos Dorados Holdings Inc. operates as a franchisee of McDonald’s restaurants. The company has the exclusive right to own, operate, and grant franchises of McDonald’s restaurants in 20 countries and territories. ARCO $8.2000 0.0700 % 0.8600 Arcos Dorados Holdings Inc Sector : Retail-Wholesale Industry : Retail – Restaurants Signal Short Term Trend Long Term Trend […]
Read MoreClick the symbol for the chart and signal Star Group, L.P. (SGU) Star Group, L.P. sells home heating and air conditioning products and services to residential and commercial home heating oil and propane customers in the United States. It also sells diesel fuel, gasoline, and home heating oil on a delivery only basis. Trimble Inc. […]
Read MoreThe Consumer Discretionary sector includes stocks that cover a wide variety of the Retail industry. Because there are so many retail companies that offer different products to consumers, it’s hard to pinpoint any kind of specific niche. In the sporting goods category, declining revenues in traditional brick-and-mortar stores were already a theme before 2020, in […]
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