Day: June 6, 2022

Energy Crisis
Oil

Oil Shock Devastates Poorer Nations as Shortages, Protests Mount

(Bloomberg) — Developing nations are suffering the biggest hit from this year’s oil shock. Many are dependent on imported fuel and are being crushed by a combination of high international prices, weak currencies and competition from rich nations whose economies are rebounding from the pandemic. Higher fuel bills are exacerbating inflation in countries that are […]

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SEC
SEC Regulation

SEC Weighs Sending Retail Stock Orders to Auctions for Execution

(Bloomberg) — The US Securities and Exchange Commission is weighing changes to stock-market rules that could force trading firms to directly compete to execute trades from retail investors, according to people familiar with the matter. A move by the SEC to press major wholesale brokerages to win auctions for orders by mom-and-pop investors would be […]

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Basic Materials
Trade Of The Day

It’s Go Time For Sociedad Química y Minera de Chile S.A. (SQM)

Company produces and distributes specialty plant nutrients, iodine and its derivatives, lithium and its derivatives, potassium chloride and sulfate, industrial chemicals, and other products and services. SQM $104.0500 1.0100 % 0.9800 Sociedad Quimica Y Minera S.A. ADR Sector : Basic Materials Industry : Fertilizers Signal Short Term Trend Long Term Trend BUY UP UP Day: […]

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Technology Services
Top Stocks
Top Stocks To Watch

3 Technology Service Stocks To Buy Now

TELUS International (Cda) Inc. (TIXT) TELUS International (Cda) Inc. provides customer experience and digital business services in Europe, North America, the Asia-Pacific, and the Central America. It offers digital experience solutions, such as AI and bots, omnichannel CX, mobility solutions, and much more. IQVIA Holdings Inc. (IQV) IQVIA Holdings Inc. provides advanced analytics, technology solutions, […]

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Auto-Tires-Trucks
Daily Rundown
Motor Fuels
Natural Gas
Oil

Natural Gas, Oil, Fuel, Wheels & Tires

Ring Energy, Inc. (REI) Ring Energy, Inc., an exploration and production company, engages in the acquisition, exploration, development, and production of oil and natural gas in Texas and New Mexico. As of December 31, 2021, the company’s proved reserves consisted of approximately 77.8 million barrel of oil equivalent. Pioneer Natural Resources Company (PXD) Pioneer Natural […]

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Minerals
One Hot Stock

Dorchester Minerals, L.P. (DMLP)- Buy Price: $32.60 or better

Buy Price: $32.60 or better Sell Price: TradersPro Sell Signal Dorchester Minerals, L.P. engages in the acquisition, ownership, and administration of producing and nonproducing natural gas and crude oil royalty, net profit, and leasehold interests in the United States. The stocks founds in the One Hot Stock category use stocks that are in long term, short term […]

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Apparel
Athletic Apparel
Consumer Discretionary
Value Investing
Value Stocks

VFC is rallying off a downward trend low. Is it time to buy?

Uncertainty in the financial markets, and in the economy is usually considered a bad thing, because it makes things more difficult and stressful for everybody. Fear about inflation and whether the Fed will move to aggressively raise interest rates or take a more moderated approach, along with the ongoing conflict between Russia and Ukraine, and […]

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Fed Rate Hikes
Fed Taper

Fed Delivers Fuzzier Rate Message as It Gauges Impact of Hikes

(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. With half-point interest-rate increases all but certain in June and July, Federal Reserve officials are shifting the focus away from a destination on hikes to something that’s trickier to determine and explain: the broader impact of their […]

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Oil
Oil Price
Oil Stocks

Oil Swings After Hitting Three-Month High on Saudi Price Hike

(Bloomberg) — Oil fluctuated after top exporter Saudi Arabia signaled confidence in demand with a bigger-than-expected price increase of its crude for Asia. West Texas Intermediate switched between gains and losses after earlier topping $120 a barrel to trade near a three-month high. Saudi Arabia boosted its official selling prices for Asian customers in July […]

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Corporate Earnings
Earnings Reports

Morgan Stanley Sees Earnings Risks Weighing on Stocks

(Bloomberg) — Weakening corporate profit forecasts may provide the latest headwind to US stocks, which are likely to fall further before bottoming during the second-quarter earnings season, according to Morgan Stanley strategists. “In the absence of an obvious shock like a recession, companies are slow to guide down,” strategists led by Michael Wilson wrote in […]

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