Day: June 29, 2022

Stock Market Bulls

Bull Market Never Ended for Analysts Wedded to 100% Price Rally Calls

(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 […]

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1929 Stock Market Crash
Bond Crash
Mother Of All Crashes
Stock Market Crash

60-Year Wall Street Veteran Says S&P 500 Will Sink to 3,100

(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 […]

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First Solar Rejects US Site for New Factory, Eyes Europe or India Instead

(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 […]

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Trade Of The Day

Here’s Why Sono-Tek Corporation (SOTK) Is Worth Your Time

Sono-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: […]

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Top Stocks
Top Stocks To Watch

3 Semiconductor Stocks To Buy Now

Valens 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 […]

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Daily Rundown
Photovoltaic Products

Nerves, Solar Power, Automotive, Biotech, Vaccines

Minerva 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 […]

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One Hot Stock

Richardson Electronics, Ltd. (RELL)- Buy Price: $16.45 or better

Buy 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. […]

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Fed Rate Hikes
Federal Reserve

Powell Says US Economy in Strong Shape, Fed Can Avert Recession

(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 […]

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Energy Crisis
Gas Prices
Gasoline Prices

India Forced to Ship In Gasoline, Diesel as Shortages Arise

(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 […]

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Information Technology
Logistics Solutions
Value Investing

CTSH is down -27% in two months. Is it a good buy yet?

The 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 […]

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Big Oil
Crude Oil
Oil Price

Oil Creeps Up as Markets Tighten Before Double Dose of US Data

(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 […]

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