Day: May 11, 2022

Crypto
Crypto Crash
Cryptocurrency

Coinbase Lets Users Know What a Bankruptcy Could Mean for Their Crypto

(Bloomberg) — Coinbase Global Inc., like the rest of the cryptocurrency market, is having a really tough week. Not filing-for-bankruptcy bad, but the biggest US crypto exchange did just mention the B-word in a regulatory filing, giving its customers a painful reminder of how bad things could get for them if Coinbase ever does get […]

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Elon Musk
SEC
Twitter

Scrutiny of Elon Musk’s Twitter Moves Intensifies in Washington

(Bloomberg) — Elon Musk’s bid to buy Twitter Inc. is facing more scrutiny in Washington following a report that the US Securities and Exchange Commission is probing whether he broke rules last month when disclosing a large stake in the social media platform. The Wall Street Journal reported on Wednesday that the SEC is investigating […]

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Panic Selling
Short Selling
Stock Market Crash

Carvana’s Relentless Rout Leaves Analysts Struggling to Catch Up

(Bloomberg) — Online used-car dealer Carvana Co. is trading as if the pandemic that spurred an almost 1,200% surge in its stock price never happened. Wall Street, however, has yet to fully adjust to the company’s new reality. Analysts’ average target on the stock has tumbled 68% this year, but at $117 is still more […]

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Crypto
Crypto Crash

Crypto Billionaires’ Vast Fortunes Are Destroyed in Weeks

(Bloomberg) — It’s been a long few weeks since the crypto crowd was partying in Miami. Coinbase Global Inc. founder Brian Armstrong had a personal fortune of $13.7 billion as recently as November and about $8 billion at the end of March. That’s now just $2.2 billion, according to the Bloomberg Billionaires Index, after a […]

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Petroleum
Trade Of The Day

Keep Your Eye On Marathon Petroleum Corporation (MPC)

Marathon Petroleum Corporation, together with its subsidiaries, operates as an integrated downstream energy company primarily in the United States. It operates in two segments, Refining & Marketing, and Midstream. MPC $93.5100 1.7900 % 1.9500 Marathon Petroleum Corp Sector : Oils-Energy Industry : Oil – Refining and Marketing Signal Short Term Trend Long Term Trend BUY […]

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Dry Bulk Shipping
Shipping Transportation
Top Stocks
Top Stocks To Watch

3 Transportation Stocks To Buy Now

Click the symbol for the chart and signal Dorian LPG Ltd. (LPG) Dorian LPG Ltd., together with its subsidiaries, engages in the transportation of liquefied petroleum gas (LPG) through its LPG tankers worldwide. The company owns and operates very large gas carriers (VLGCs). As of May 19, 2021, its fleet consisted of twenty-three VLGCs. Ardmore […]

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Beverages
Biopharmaceuticals
Daily Rundown
Food Products
Personal Care
Petroleum
Shipping Transportation

Food & Beverage, Personal Care, Biopharmaceuticals, Petroleum Shipping

Mondelez International, Inc. (MDLZ) Mondelez International, Inc., through its subsidiaries, manufactures, markets, and sells snack food and beverage products in the Latin America, North America, Asia, the Middle East, Africa, and Europe. It provides biscuits, including cookies, crackers, and salted snacks. The Kraft Heinz Company (KHC) The Kraft Heinz Company, together with its subsidiaries, manufactures […]

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Beverages
Food Products
One Hot Stock

Campbell Soup Company (CPB)- Buy Price: $51.20 or better

Buy Price: $51.20 or better Sell Price: TradersPro Sell Signal Campbell Soup Company, together with its subsidiaries, manufactures and markets food and beverage products the United States and internationally. The company operates through Meals & Beverages and Snacks segments. The Meals & Beverages segment engages in the retail and foodservice businesses in the United States […]

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After-Market Automotive
Auto Industry
Electric Vehicles
Value Investing
Value Stocks

BWA is consolidating near its yearly low – where is its value price?

There are any number of dynamics that come to play in the markets at any given time, which means that the ebb and flow of a nation’s economic health can be tied to a lot of other societal elements, including political and geopolitical shifts, social perceptions and changes, and as we have seen since the […]

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Meme Stocks
WallStreetBets
WallStreetBets Reddit

Meme Stock Euphoria Goes Bust as Group Drops to All-Time Low

(Bloomberg) — A basket of so-called meme stocks that took Wall Street by storm at the start of 2021 slumped to a record low this week, erasing the last vestiges of the retail-investor driven rally that made them famous. The group of 37 retail trading favorites tracked by Bloomberg extended a four-day slide on Tuesday, […]

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Cryptocurrency
Fiat Currency

Will Cryptocurrency Replace Fiat Currency?

Since their introduction to the mainstream in 2009, cryptocurrencies have experienced rapid growth in value, utility, and popularity. Several are accepted by many retailers and merchants, and investors are eyeing them as a possible way to earn returns and store value. Governments are trying to figure out how to tax and regulate them. Ethereum, the […]

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Panic Selling
Stock Market Bottom

Selloff in Stocks Isn’t Over Yet, Says Morgan Stanley

(Bloomberg) — The rout in stocks isn’t over just yet, according to Morgan Stanley strategists, who see scope for both US and European equities to correct further amid mounting concerns of slowing growth. Strategist Michael Wilson, who has long been a skeptic of the decade-long bull run in US stocks, said in a note that […]

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