Day: June 20, 2022

Semiconductor
Semiconductor Fabrication

US Sanctions Helped China Supercharge Its Chipmaking Industry

(Bloomberg) — China’s chip industry is growing faster than anywhere else in the world, after US sanctions on local champions from Huawei Technologies Co. to Hikvision spurred appetite for home-grown components. Nineteen of the world’s 20 fastest-growing chip industry firms over the past four quarters, on average, hail from the world’s No. 2 economy, according […]

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Biopharmaceuticals
Trade Of The Day

See Here What ChemoCentryx, Inc. (CCXI) Has In Store

ChemoCentryx, Inc., a biopharmaceutical company, focuses on the development and commercialization of new medications for inflammatory disorders, autoimmune diseases, and cancer in the United States. It offers TAVNEOS (avacopan), an orally administered selective C5aR inhibitor for the treatment of adult patients with severe active anti-neutrophil cytoplasmic autoantibody-associated vasculitis. CCXI $25.4900 1.6000 % 6.7000 Chemocentryx Inc […]

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Restaurants
Top Stocks
Top Stocks To Watch

3 Restaurant Stocks To Buy Now

Carrols Restaurant Group, Inc. (TAST) Carrols Restaurant Group, Inc., through its subsidiaries, operates as a restaurant company in the United States. The company operates as a Burger King and Popeyes franchisee. As of January 2, 2022, it operated 1,026 Burger King restaurants located in 23 Northeastern, Midwestern, Southcentral, and Southeastern states; and 65 Popeyes restaurants […]

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Housing Market
Housing Market Bubble
Interest Rates
Rising Interest Rates

US House Prices Are Likely to Drop as Rates Rise, Capital Economics Says

(Bloomberg) — US house prices are likely to fall as mortgage rates exceeding 6% crimp affordability for the average buyer, according to Capital Economics. Property prices could contract an annual 5% by the middle of next year, Matthew Pointon, senior property economist, said in a research note Monday. He’d previously projected no change in values […]

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Banks
Daily Rundown
Finance
Healthcare
Insurance
Life Sciences

Life Science, Healthcare, Finance, Insurance, Bank

Meridian Bioscience, Inc. (VIVO) Meridian Bioscience, Inc., a life science company, develops, manufactures, distributes, and sells diagnostic test kits primarily for gastrointestinal and respiratory infectious diseases, and elevated blood lead levels worldwide. The company operates through Diagnostics and Life Science segments.  ProPhase Labs, Inc. (PRPH) ProPhase Labs, Inc. engages in the research, development, manufacture, distribution, […]

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Food Products
One Hot Stock

Sanderson Farms, Inc. (SAFM)- Buy Price: $210.00 or better

Buy Price: $210.00 or better Sell Price: TradersPro Sell Signal Sanderson Farms, Inc., an integrated poultry processing company, produces, processes, markets, and distributes fresh, frozen, and prepared chicken products in the United States. The company sells ice-packed, chill-packed, bulk-packed, and frozen chicken primarily under the Sanderson Farms brand name to retailers. The stocks founds in […]

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Chemical Products
Construction
Housing Market
Value Investing
Value Stocks

WLK has a big discount and strong fundamentals. Is it a good buy?

In my search for value, I’ve found it useful to develop a watchlist of stocks that I can check on a regular basis. That means that I often recycle stocks that I’ve previously used to make useful investments in, but don’t currently have a position in. That’s useful, because the familiarity that comes with the […]

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Equities
Trending Stocks

JPMorgan Strategists See Equity Stress Easing in Second Half

(Bloomberg) — A selloff that saw US stocks sink into a bear market last week amid red-hot inflation data and a sharp Federal Reserve rate hike will likely ease in the second half, according to JPMorgan Chase & Co. “The call of peak Fed hawkishness got delayed, but it is not broken, for the second […]

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Big Oil
Crude Oil
Energy Crisis
Oil

Conoco Sees Gas Volatility Lasting Years as it Invests in Qatar

(Bloomberg) –ConocoPhillips said volatility in global gas markets may last years, as it joined other Western energy firms by investing in a $29 billion project to boost Qatar’s exports of the fuel. The Houston-based company will buy a 3.1% holding in the North Field East project. Chief Executive Officer Ryan Lance announced the deal alongside […]

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Emerging Markets
Fed Rate Hikes

Fed’s Rate Hike Unearths Bounty in Pockets of Emerging World

(Bloomberg) — Pockets of outperformance are starting to pop up in emerging markets even as the Federal Reserve’s most aggressive rate hike in two decades roils assets around the world. Losses in developing markets have so far been smaller than in the US during a wide-reaching rout that saw the worst Treasuries collapse in at least […]

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Base Metals
China

Iron Ore Sinks and Steel Mills Go Dark on Deepening China Gloom

(Bloomberg) — Iron ore plunged more than 7% in Singapore — giving up all its gains this year — as steel mills idled blast furnaces amid growing pessimism over the demand outlook in China. The steel-making ingredient has now lost around a fifth of its value in a run of declines that’s extended to an […]

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