(Bloomberg) — Wall Street is reluctantly coming to grips with a new reality for 2022: This isn’t going to be a good year for stocks. Credit Suisse cut its forecast for the S&P 500 Index last week. Goldman Sachs Group Inc., Bank of America Corp. and Morgan Stanley are also now predicting that equities will […]
Read MoreDelek US Holdings, Inc. engages in the integrated downstream energy business in the United States. The company operates through three segments: Refining, Logistics, and Retail. The Logistics segment gathers, transports, and stores crude oil, intermediate, and refined products; and markets, distributes, transports, and stores refined products for third parties. DK $25.0200 -2.7800 % -10.0000 Delek […]
Read MoreClick the symbol for the chart and signal Urban One, Inc. (UONE) Urban One, Inc., together with its subsidiaries, operates as an urban-oriented multi-media company in the United States. The company operates through four segments: Radio Broadcasting, Cable Television, Reach Media, and Digital. Urban One, Inc. (UONEK) Urban One, Inc., together with its subsidiaries, operates […]
Read MoreMerck & Co., Inc. (MRK) Merck & Co., Inc. operates as a healthcare company worldwide. It operates through two segments, Pharmaceutical and Animal Health. The Pharmaceutical segment offers human health pharmaceutical products in the areas of oncology, hospital acute care, immunology, neuroscience, virology, cardiovascular, and diabetes. Titan International, Inc. (TWI) Titan International, Inc., together with […]
Read MoreBuy Price: $129.55 or better Sell Price: TradersPro Sell Signal Encore Wire Corporation manufactures and sells electrical building wires and cables for interior electrical wiring in the United States. The company’s products include NM-B cables for use as interior wiring in homes, apartments, and manufactured housing. The stocks founds in the One Hot Stock category use stocks […]
Read MoreDuring the last two years, one of the most interesting sectors of the market to pay attention to has been the Consumer Discretionary sector. This is a sector that is driven by consumer spending, which is generally highest when the economy is healthy. The COVID-19 pandemic shuttered all kinds of economic activity through much of […]
Read More(Bloomberg) — U.S. Treasuries tumbled Monday, driving the yield on five-year notes to the highest level since September 2008 amid speculation persistent inflation will prompt the Federal Reserve to tighten policy more aggressively. The yield jumped as much as three basis points to 3.11%, extending an advance that has seen the rate more than double […]
Read More(Bloomberg) — Bond markets could be in for something of a rebound after their record plummet, with investors looking for signs that U.S. inflationary pressures have touched their peak. Global bonds have racked up a record straight nine months of losses, with April being the worst ever, according to data stretching back to 1990. But […]
Read More(Bloomberg) — The outlook for U.S. stocks isn’t particularly bright, even if an outright recession is avoided, according to Goldman Sachs Group Inc. strategists. “The best case scenario for the economy — and, eventually, for equity prices — probably involves a continued period of constrained equity market returns,” the strategists led by David Kostin wrote […]
Read More(Bloomberg) — Bitcoin is falling toward levels last seen in July 2021, part of a wider retreat in cryptocurrencies amid a global flight from riskier investments. The world’s largest digital token dropped as much as 2.7% on Monday and was trading at $33,741 as of 12:40 p.m. in Singapore. The second biggest, Ether, shed as […]
Read More(Bloomberg) — It’s ending as fast as it began for retail day traders, whose crowd-sourced daring was the pre-eminent story of pandemic equities. Nursing losses in 2022 that are worse than the rest of the market’s, amateur investors who jumped in when the lockdown began have now given back all of their once-prodigious gains, according […]
Read More(Bloomberg) — Oil declined at the week’s open as investors weighed a pledge by the Group of Seven to ban imports of Russian crude against a cut in official prices by Saudi Arabia and China’s wave of energy-sapping lockdowns. West Texas Intermediate fell toward $109 a barrel after closing at a six-week high on Friday. […]
Read More(Bloomberg) — U.S. equity futures retreated and stocks looked set for a choppy start Monday amid worries about high inflation and as investors await Chinese trade data that may show the economic toll of Covid lockdowns. Contracts fell for Japan and Australia, while Hong Kong is shut for a holiday. Shares and bonds are coming […]
Read More(Bloomberg) — The Federal Reserve’s most aggressive policy tightening in two decades is sucking emerging markets into a “sell everything” slump, not even sparing assets that should do well when interest rates rise. Take value stocks. Shares of mature companies with high dividends and cheap valuations are finding a bid in the U.S. and Europe, […]
Read MoreImperial Oil Limited engages in exploration, production, and sale of crude oil and natural gas in Canada. The company operates through three segments: Upstream, Downstream and Chemical segments. The Upstream segment explores for, and produces crude oil, natural gas, synthetic oil, and bitumen. IMO $52.7600 0.2500 % 0.4800 Imperial Oil Ltd Sector : Oils-Energy Industry […]
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