(Bloomberg) — Have stocks stopped being expensive? Among bulls, hope is coalescing around valuation metrics that could support that view, though with so many caveats they require a big dose of courage to heed. After falling 15% this year, the S&P 500 is trading around 4,000. According to analysts tracked by Bloomberg, its members will […]
Read More(Bloomberg) — Fertilizer prices that had hit records are now plunging as buyers reel from sticker shock. The June spot price in Tampa, Florida for the nitrogen fertilizer ammonia settled at $1,000 per metric ton, a drop of 30% from May’s $1,425 per metric ton, according to Green Markets, a Bloomberg company. Demand destruction is […]
Read More(Bloomberg) — Calling the current environment a “crucible moment,” Sequoia Capital warned that the good times are not only over, there’s no indication when they’ll return. In a Zoom call earlier this month with the founders of its approximately 250 portfolio companies, the venture firm reviewed a 50-page presentation titled “Adapting to Endure,” according to […]
Read MoreCigna Corporation provides insurance and related products and services in the United States. Its Evernorth segment provides a range of coordinated and point solution health services, including pharmacy, benefits management, care delivery and management. CI $268.5200 2.7700 % 1.0400 Cigna Corp Sector : Finance Industry : Insurance – Multi Line Signal Short Term Trend Long […]
Read MoreMBIA Inc. (MBI) MBIA Inc. provides financial guarantee insurance services to public finance markets. It operates through United States (U.S.) Public Finance Insurance, and International and Structured Finance Insurance segments. James River Group Holdings, Ltd. (JRVR) James River Group Holdings, Ltd., through its subsidiaries, provides specialty insurance and reinsurance services in the United States. It […]
Read More2022 has meant a lot of uncertainty in the marketplace so far. Inflation, rising interest rates and war are just the biggest headlines that have kept the markets on edge, and that seem likely to keep uncertainty relatively high as we start to move into summer. While everybody wants to keep the good times rolling […]
Read MoreAdvanced Micro Devices, Inc. (AMD) Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. The company operates in two segments, Computing and Graphics; and Enterprise, Embedded and Semi-Custom. West Fraser Timber Co. Ltd. (WFG) West Fraser Timber Co. Ltd., a diversified wood products company, engages in manufacturing, selling, marketing, and distributing lumber, engineered wood […]
Read More(Bloomberg) — US mortgage rates posted the biggest drop in more than two years, offering homebuyers a slight reprieve from this year’s massive surge in borrowing costs. The average for a 30-year loan declined to 5.10% from 5.25% last week, Freddie Mac said in a statement Thursday. That was the biggest decline since April 2020, […]
Read MoreBuy Price: $7.88 or better Sell Price: TradersPro Sell Signal VAALCO Energy, Inc., an independent energy company, acquires, explores for, develops, and produces crude oil and natural gas. The company holds Etame production sharing contract related to the Etame Marin block located offshore in the Republic of Gabon in West Africa. The stocks founds in […]
Read More(Bloomberg) — A logistically risky and costly transfer of crude between tankers at sea highlights the steps at least one Chinese buyer is willing to take to ensure the smooth flow of oil from eastern Russia to Asia. Buyers are using creative ways to maintain flows as more shipowners shun Russian oil due to the […]
Read More(Bloomberg) — Half-point rate hikes by the Federal Reserve at each of its next two policy meetings are no longer a sure thing for traders, even as policy makers reiterated an aggressive tightening stance. Swap contracts indicated on Wednesday that markets priced less than 100 basis points of combined rate hikes at the June and […]
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