Day: June 1, 2022

Oil Price
Saudi Arabia Oil

Oil Slides on Report Saudi Arabia Prepared to Boost Production

(Bloomberg) — Oil tumbled below $113 a barrel following a report that Saudi Arabia is ready to pump more should Russian output decline substantially due to increasing sanctions over its invasion of Ukraine. West Texas Intermediate futures slumped as much as 3% in Asian trading after closing higher on Wednesday. The Financial Times reported that […]

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Fed Rate Cuts

Fed’s Bullard Sees 3.5% Rates Setting Up Cuts in 2023 or ‘24

(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Federal Reserve Bank of St. Louis President James Bullard urged policy makers to raise interest rates to 3.5% this year to bring inflation down from near a four-decade high, adding that some of those hikes could be […]

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Steel - Pipe & Tube
Trade Of The Day

Right Now Is The Time For Tenaris S.A. (TS)

Tenaris S.A., together with its subsidiaries, produces and sells seamless and welded steel tubular products; and provides related services for the oil and gas industry, and other industrial applications. The company offers steel casings, tubing products, mechanical and structural pipes, cold-drawn pipes, and premium joints and couplings. TS $33.8400 0.5000 % 1.5000 Tenaris S.A. ADR […]

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Shipping Transportation
Top Stocks
Top Stocks To Watch

3 Shipping Stocks To Buy Now

Star Bulk Carriers Corp. (SBLK) Star Bulk Carriers Corp., a shipping company, engages in the ocean transportation of dry bulk cargoes worldwide. The company’s vessels transport a range of major bulks, including iron ores, coal, and grains, as well as minor bulks, such as bauxite, fertilizers, and steel products. TORM plc (TRMD) TORM plc, a […]

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Daily Rundown
Energy Sector
Financial Services
Natural Gas

Electronic Testing, Financial Services, Oil, Energy, Gas

Aehr Test Systems (AEHR) Aehr Test Systems provides test systems for burning-in and testing logic, optical, and memory integrated circuits worldwide. It offers products, such as the ABTS and FOX-P families of test and burn-in systems and FOX WaferPak Aligner, FOX-XP WaferPak Contactor, FOX DiePak Carrier, and FOX DiePak Loader. International Money Express, Inc. (IMXI) […]

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Natural Gas
One Hot Stock

HighPeak Energy, Inc. (HPK)- Buy Price: $33.55 or better

Buy Price: $33.55 or better Sell Price: TradersPro Sell Signal HighPeak Energy, Inc., 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. The stocks founds in the One Hot Stock category use stocks that are […]

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Economic Collapse
Economic Recession
Economic Trends
Stock Market
Stock Market Correction
Stock Market Crash

Jamie Dimon Says JPMorgan Is Bracing Itself for Economic ‘Hurricane’

(Bloomberg) — Jamie Dimon warned investors to prepare for an economic “hurricane” as the economy struggles against an unprecedented combination of challenges, including tightening monetary policy and Russia’s invasion of Ukraine. “That hurricane is right out there down the road coming our way,” the JPMorgan Chase & Co. chief executive officer said at a conference […]

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Value Investing
Value Stocks

MOS is more than -20% off of its latest high. Is it a bargain yet?

There is a pretty significant difference in the way different investors perceive a stock in a long-term upward trend. For growth oriented-investors, the longer the upward trend, the more attractive the stock is, simply because the expectation is that the longer, bullish trend will outlast any near-term, bearish sentiment or momentum the stock may see. […]

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Russian Economy

How the World Is Paying for Putin's War in Ukraine

(Bloomberg) — In early March, as the US and its allies unleashed a wave of sanctions on Russia, President Joe Biden stood in the White House and said they wanted to deal a “powerful blow to Putin’s war machine.” But as the war in Ukraine approaches its 100th day, that machine is still very much […]

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Fed Rate Hikes
Stock Market Rally
Stock Market Timing

Stock Rebound Is Powell’s Headache as Financial Conditions Ease

(Bloomberg) — A rebound in risk assets could prove to be a problem for a Federal Reserve trying to curb excesses across markets. Stocks have bounced sharply since mid-May’s lows and credit spreads have tightened back to levels seen ahead of the March liftoff of interest-rate hikes while the Bloomberg Dollar Spot Index has cooled […]

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