(Bloomberg) — Downward spiraling stocks are showing no signs of finding a floor. Brace yourself, because at least one forecasting framework says the bottom may still be a ways away. That’s an interpretation of data compiled by Leuthold Group, using a particularly bloodless standard of analysis that focuses not on investor psychology or positioning but […]
Read More(Bloomberg) — A key source of US economic growth this year — consumer spending — is showing signs of losing steam, even before Wednesday’s round of Federal Reserve rate hikes kick in. Credit card data show that spending in May was just 10% higher from the same month last year, according to a Barclays report […]
Read More(Bloomberg) — Stock markets may have become too pessimistic about corporate earnings despite the gloomy outlook for the global economy, according to Sanford C. Bernstein strategists. “While the probability of an outright recession has likely increased in recent days as it has become apparent that the Federal Reserve needs to act more aggressively to tackle […]
Read MoreContinental Resources, Inc. explores for, develops, produces, and manages crude oil, natural gas, and related products primarily in the north, south, and east regions of the United States. The company sells its crude oil and natural gas production to energy marketing companies, crude oil refining companies, and natural gas gathering and processing companies. CLR $70.3000 […]
Read MoreQuickLogic Corporation (QUIK) QuickLogic Corporation, a semiconductor company, develops semiconductor platforms and intellectual property solutions for smartphones, wearable, hearable, tablets, and the Internet-of-Things devices. It also provides flexible sensor processing solutions. Kimball Electronics, Inc. (KE) Kimball Electronics, Inc. provides contract electronics manufacturing services and diversified manufacturing services to customers in the automotive, medical, industrial, and […]
Read MoreRamaco Resources, Inc. (METC) Ramaco Resources, Inc. produces and sells metallurgical coal. The company’s development portfolio includes the Elk Creek project consisting of approximately 20,200 acres of controlled mineral and 16 seams located in southern West Virginia. Cross Country Healthcare, Inc. (CCRN) Cross Country Healthcare, Inc. provides talent management and other consultative services for healthcare […]
Read MoreBuy Price: $8.65 or better Sell Price: TradersPro Sell Signal VAALCO Energy, Inc., an independent energy company, acquires, explores for, develops, and produces crude oil and natural gas. The company holds Etame production sharing contract related to the Etame Marin block located offshore in the Republic of Gabon in West Africa. The stocks founds in […]
Read MoreAfter COVID-19 dominated headlines through 2020 and 2021, there is one word that can sum up market concerns this year, and it isn’t pandemic. Inflation is one of those words that tends to stoke fear in the marketplace, because it is usually tied so closely with the ebb and flow of interest rates. The reality […]
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