(Bloomberg) — The selloff in equities will reach a bottom once the Federal Reserve signals the end of tightening, which may not happen until recession is apparent, according to Goldman Sachs Group Inc. “It may be necessary for the market to become more confident than it is that financial conditions tightening has been sufficient and […]
Read More(Bloomberg) — Snap Inc. cut its revenue and profit forecasts below the low end of its previous guidance, sending shares plunging as much as 31% and pushing other social media stocks down. The company will also slow hiring, filling 500 roles before the end of the year, Chief Executive Officer Evan Spiegel said in a […]
Read More(Bloomberg) — Asian stocks look set for a mixed start Tuesday as traders digest an early selloff in US equity futures and more Chinese measures to boost the world’s second-largest economy. US futures dropped with Nasdaq 100 contracts faring worst after Snapchat owner Snap Inc. warned of deteriorating macreconomic trends and said it’s unlikely to […]
Read More(Bloomberg) — JPMorgan Chase & Co. jumped by the most in 18 months on Monday after chief executive officer Jamie Dimon gave the country’s largest bank, and the US stock market, a boost with upbeat comments about the state of the economy. Shares of the JPMorgan rose 6.2%, the most since November 2020, making it […]
Read More(Bloomberg) — Dennis Gartman is telling prospective dip buyers to sell any rallies in US stocks during a bear market that he dates to the start of the year, and expects to last for many months. “The bear market started January 5,” the chairman of the University of Akron Endowment told Bloomberg Radio on Monday, […]
Read MorePBF Energy Inc., together with its subsidiaries, engages in refining and supplying petroleum products. The company operates in two segments, Refining and Logistics. It produces gasoline, ultra-low-sulfur diesel, heating oil, diesel fuel, jet fuel, and much more. PBF $30.1700 -0.6400 % -2.0800 PBF Energy Inc Sector : Oils-Energy Industry : Oil – Refining and Marketing […]
Read MoreInstalled Building Products, Inc. (IBP) Installed Building Products, Inc., together with its subsidiaries, engages in the installation of insulation, waterproofing, fire-stopping, fireproofing, garage doors, rain gutters, window blinds, shower doors, closet shelving and mirrors, and other products in the continental United States. Great Lakes Dredge & Dock Corporation (GLDD) Great Lakes Dredge & Dock Corporation […]
Read MoreAlkermes plc (ALKS) Alkermes plc, a biopharmaceutical company, researches, develops, and commercializes pharmaceutical products to address unmet medical needs of patients in various therapeutic areas in the United States, Ireland, and internationally. Rattler Midstream LP (RTLR) Rattler Midstream LP owns, operates, develops, and acquires midstream and energy-related infrastructure assets in the Midland and Delaware Basins […]
Read MoreBuy Price: $72.10 or better Sell Price: TradersPro Sell Signal Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. It operates approximately 5,134 gross wells. The stocks founds in the One Hot Stock category use stocks that are in […]
Read MoreFor most of 2022, supply shortages, along with increasing energy demand have been pushing the prices of energy products, including crude oil and natural gas to levels not seen since 2014. Even more support for those high prices has come since February as Russia’s invasion of Ukraine has forced the West to impose harsh economic […]
Read More(Bloomberg) — Wasim Rehman is a go-to person for investors desperate for an exit in the messy world of trading troubled, hard-to-sell assets — a sector that’s set to explode as sanctions against Russia and the ongoing equities meltdown create mountains of illiquid holdings. But Rehman — who has invested in more than 200 funds […]
Read More(Bloomberg) — Even as the S&P 500 on Friday narrowly avoided plunging into a bear market, Morgan Stanley strategists say it’s too early to turn optimistic on stocks. “Equity clients are bearish, a necessary condition for a sustainable low, but an insufficient one,” strategists led by Michael Wilson wrote in a note on Monday. “Given […]
Read More(Bloomberg) — Get ready for a fresh slump in the world’s most-watched stock index, as economic growth fears spiral and the Federal Reserve embarks on its biggest policy-tightening campaign in decades. With the S&P 500 flirting with a bear market last week and notching more than $1 trillion in losses, participants in the latest MLIV […]
Read MoreHudson Technologies, Inc. a refrigerant services company, provides solutions to recurring problems within the refrigeration industry primarily in the United States. The company’s products and services include refrigerant and industrial gas sales. HDSN $9.1000 -0.5000 % -5.2100 Hudson Tech Inc Sector : Industrial Products Industry : Industrial Services Signal Short Term Trend Long Term Trend […]
Read More(Bloomberg) — Calling the bottom in the tech-sector meltdown isn’t easy, even after a $5.5 trillion wipe-out, yet there are some signals giving investors hope. Tech stocks have been hammered this year as rising interest rates, slowing economic growth and soaring inflation form a perfect storm of negative catalysts. That’s hurt everyone from retail investors […]
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