Day: June 15, 2022

Correction
Stock Market Correction

Goldman Buyback Desk Was Flooded With Orders During Stock Rout

(Bloomberg) — While hedge funds were busy bailing from stocks at a record pace as the S&P 500 plunged into a bear market, Corporate America was furiously buying. As the benchmark index notched successive drops of more than 2.9% on Friday and Monday, Goldman Sachs Group Inc.’s unit that executes share buybacks for clients saw […]

Read More
Robinhood

Robinhood’s Stock Is Now Worth Less Than Its Cash on Hand

(Bloomberg) — Robinhood Markets Inc. shares slumped to a fresh low on Wednesday, giving the beleaguered brokerage a market value that’s less than the cash on its balance sheet. After posting more than $3 billion of losses since its initial public offering in late July, Robinhood’s shares have plunged more than 80%, cutting its market […]

Read More
Fed Rate Hikes
Inflation

Fed Hikes Rates 75 Basis Points, Intensifying Inflation Fight

(Bloomberg) — Federal Reserve officials raised their main interest rate by three-quarters of a percentage point — the biggest increase since 1994 — and signaled they will keep hiking aggressively this year, resorting to drastic measures to restrain the rampant inflation they failed to forecast. Slammed by critics for not anticipating the fastest price gains […]

Read More
Medical Drugs
Trade Of The Day

ProPhase Labs, Inc. (PRPH) Could Be Your New Favorite

ProPhase Labs, Inc. engages in the research, development, manufacture, distribution, marketing, and sale of over the counter (OTC) consumer healthcare products and dietary supplements in the United States. The company operates in two segments, Diagnostic Services and Consumer Products. PRPH $10.3800 0.4700 0 Prophase Labs Inc Sector : Medical Industry : Medical – Drugs Signal […]

Read More
Advertising
Marketing
Top Stocks
Top Stocks To Watch

3 Marketing Service Stocks To Buy Now

Gambling.com Group Limited (GAMB) Gambling.com Group Limited operates as a performance marketing company for the online gambling industry worldwide. The company provides digital marketing services for the iGaming and sports betting. Harte Hanks, Inc. (HHS) Harte Hanks, Inc. operates as a customer experience company in the United States and internationally. It operates through three segments: […]

Read More
Auto Industry
Automotive Maintenance
Electric Vehicles
Value Investing
Value Stocks

Where is MGA’s value price?

The deeper into the year we get, the more uncertainty seems to be the theme that will define 2022. From geopolitics to economics, all of it together has created a pretty constant state of uncertainty, and elevated volatility in the stock market. Economic uncertainty usually suggests that cyclically-sensitive industries are the most exposed to downside […]

Read More
Daily Rundown
Insurance
Investing
Oil
Semiconductor
Supply Chain

Insurance, Supply Chain, Semiconductor, Investing, Oil

BRP Group, Inc. (BRP) BRP Group, Inc. markets and sells insurance products and services in the United States. The company operates through four segments: Middle Market, Specialty, MainStreet, and Medicare. JD.com, Inc. (JD) JD.com, Inc. provides supply chain-based technologies and services in the People’s Republic of China. The company offers computers, communication, and consumer electronics […]

Read More
Insurance
One Hot Stock
Property and Casualty Reinsurance

Donegal Group Inc. (DGICA)- Buy Price: $16.40 or better

Buy Price: $16.40 or better Sell Price: TradersPro Sell Signal Donegal Group Inc., an insurance holding company, provides personal and commercial lines of property and casualty insurance to businesses and individuals. It operates through three segments: Investment Function, Personal Lines of Insurance, and Commercial Lines of Insurance.  The stocks founds in the One Hot Stock category use […]

Read More
Oil

Biden Tells US Oil Refiners Record Profits Are ‘Not Acceptable’

(Bloomberg) — President Joe Biden told US oil refiners that unprecedented profit margins are unacceptable and called for “immediate action” to improve capacity as the soaring price of gasoline feeds record inflation and fears of a recession. “At a time of war, refinery profit margins well above normal being passed directly onto American families are […]

Read More