(Bloomberg) — Whether it’s commendable courage or a refusal to face reality, a receding stock market tide has left Wall Street analysts sitting with price predictions that will take more than a little luck to come true. Bear-market casualties from Peloton Interactive Inc. to Coinbase Global Inc. are forecast by equity handicappers to double, going […]
Read More(Bloomberg) — Not many industry experts would shrug off a 35% drop for the S&P 500, but six-decade Wall Street veteran George Ball says a fall of that magnitude would be a normal adjustment. Ball, chairman of Houston-based investment firm Sanders Morris Harris, predicts the S&P 500 will bottom at 3,100 from its all-time high […]
Read More(Bloomberg) — First Solar Inc. has decided against building a new factory in the US, citing uncertainties regarding trade policy and tax incentives. The biggest US solar manufacturer is still planning a manufacturing facility in either Europe or India, and Chief Executive Officer Mark Widmar expects to make a final decision within 90 days. That […]
Read MoreSono-Tek Corporation designs and manufactures ultrasonic coating systems for applying on parts and components for the microelectronics/electronics, alternative energy, medical, industrial, and research and development/other markets worldwide. SOTK $7.4200 -0.1200 % -1.5900 Sono-Tek Corp Sector : Computer and Technology Industry : Electronics – Semiconductors Signal Short Term Trend Long Term Trend BUY UP UP Day: […]
Read MoreValens Semiconductor Ltd. (VLN) Valens Semiconductor Ltd. engages in the provision of semiconductor products that enables high-speed video and data transmission for the audio-video and automotive industries. It offers HDBaseT technology, which enables the simultaneous delivery of ultra-high-definition digital video and audio. QuickLogic Corporation (QUIK) QuickLogic Corporation, a semiconductor company, develops semiconductor platforms and intellectual […]
Read MoreMinerva Neurosciences, Inc. (NERV) Minerva Neurosciences, Inc., a clinical-stage biopharmaceutical company, focuses on the development and commercialization of product candidates for the treatment of central nervous system diseases. Its lead product candidate is roluperidone for the treatment of schizophrenia. Daqo New Energy Corp. (DQ) Daqo New Energy Corp., together with its subsidiaries, manufactures and sells […]
Read MoreBuy Price: $16.45 or better Sell Price: TradersPro Sell Signal Richardson Electronics, Ltd. engages in the power and microwave technologies, customized display solutions, and healthcare businesses in North America, the Asia Pacific, Europe, and Latin America. The company’s Power and Microwave Technologies Group segment provides engineered solutions, power grid and microwave tubes, and related consumables. […]
Read More(Bloomberg) — Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become more challenging in recent months. He also vowed to ensure rapid price increases don’t become entrenched, saying that “we […]
Read More(Bloomberg) — Global energy markets that have thrown up plenty of anomalies in 2022 as flows get rerouted and prices jump just saw a fresh quirk: India, typically Asia’s leading gasoline and diesel exporter, has been forced to step up imports of the fuels. Gasoline imports are set to rise to about 37,000 barrels a […]
Read MoreThe Technology sector was a bright spot throughout 2020 and 2021, and what I see as a primary reason the economy managed to recover quickly from its initial collapse in the early stages of the COVID-19 pandemic. It has also led the market into clearly bearish territory in 2022. One of the reasons the sector […]
Read More(Bloomberg) — Oil edged higher for a fourth day as shipments from key Libyan ports were suspended, the latest factor compounding market tightness. West Texas Intermediate edged above $113 a barrel after gaining over the previous three sessions. Libya’s state oil company has suspended shipments from two key eastern ports amid renewed disruption in the […]
Read MoreGood news — sort of. If you’re retired or just about to retire, next year’s Social Security checks are likely to see one of the biggest bumps on record as a result of surging consumer prices. The average beneficiary may be in line to get as much as $180 more a month starting next January, […]
Read MoreThe list of difficulties for Advanced Micro Devices (AMD) And it must be said that the semiconductor manufacturer did not need that. Indeed, AMD has been grappling with questions about consumer demand for its products for several months now as recession fears intensify. Indeed if AMD recorded a 22% increase in its revenues to $5.9 […]
Read MoreU.S. stock futures struggled for direction on Wednesday, leaving Wall Street potentially on course for a third consecutive day of losses, as investors fret that soaring inflation is damaging the world’s biggest economy and battering corporate profits. What’s driving markets? Equities are limping towards the end of a miserable first half of the year. The […]
Read MoreSilver markets have been very noisy during the trading session on Tuesday, as we continue to sit on top of the $21 level. The $21 level is an area that has been somewhat important, but the bigger picture looks negative regardless. When I look at this chart, it’s hard not to notice the big “H […]
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