Month: June 2022

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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Crude Oil
Fed Rate Hikes
Federal Reserve
Oil
Oil Price

Oil Steadies as Traders Weigh Outlook for Demand, Fed’s Path

(Bloomberg) — Oil steadied in Asia — after plunging almost 7% on Friday — as traders weighed prospects for higher near-term demand against concerns that aggressive US monetary tightening will lead to a recession. West Texas Intermediate traded above $109 a barrel after tumbling by the most since early April last week as escalating worries […]

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Medical
Trade Of The Day
TradersPro Sunday

Top Medical Stock To Buy Now

ADMA Biologics, Inc., a biopharmaceutical company, engages in developing, manufacturing, and marketing specialty plasma-derived biologics for the treatment of immune deficiencies and infectious diseases in the United States and internationally. ADMA $2.2000 0.1700 % 8.3700 Adma Biologics Sector : Medical Industry : Medical – Biomedical Signal Short Term Trend Long Term Trend BUY UP UP […]

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Fed Rate Hikes
Federal Reserve

Nearly All of Wall Street – and the Fed – Botched Calls for 2022

(Bloomberg) — So far 2022 has been a year where just about everyone on Wall Street got it wrong. As did the Fed and a cadre of global central banks. Back in December, strategists at the world’s top investment firms like JPMorgan Chase & Co. predicted the S&P 500 would gain 5% in 2022. Economists […]

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Crypto
Crypto Crash
Cryptocurrency

Crypto’s Excruciating Week Has Traders Bracing for Next Crisis

(Bloomberg) — It was one of the most dramatic weeks in the short history of the cryptocurrency market, bookended by the type of announcements investors fear the most from a counterparty: We’re sorry, but we just can’t return your money right now. In between, a nascent technocratic industry with grand ambitions to reinvent the financial […]

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Bitcoin

Bitcoin Breaches $20,000 for the First Time Since 2020

(Bloomberg) — Bitcoin fell below $20,000 for the first time since December 2020 as evidence of deepening stress within the crypto industry keeps piling up against a backdrop of monetary tightening. Bitcoin fell as much as 6% to $19,377.08 at 2:54 pm Hong Kong on Saturday. The largest token by market value has fallen for […]

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Biomedical
Medical
Trade Of The Day
TradersPro Saturday

Top BioMedical Stock To Buy Now

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. VIVO $28.5000 1.5400 % 5.7100 Meridian Bioscience Sector : Medical Industry : Medical Products Signal Short Term Trend Long Term Trend BUY UP UP Day: 5.71% Wk: […]

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Biopharmaceuticals
Trade Of The Day

CTI BioPharma Corp. (CTIC) Could Be Your Next Big Winner

CTI BioPharma Corp., a biopharmaceutical company, focuses on the acquisition, development, and commercialization of novel targeted therapies for blood-related cancers in the United States. It offers VONJO (pacritinib), an investigational oral kinase inhibitor with specificity for JAK2, FLT3, IRAK1, and CSF1R for the treatment of adult patients with myelofibrosis. CTIC $6.1400 0.3400 % 5.8600 Cti […]

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Banks
Top Stocks
Top Stocks To Watch

3 Northeast Banks Stocks To Buy Now

FNCB Bancorp, Inc. (FNCB) FNCB Bancorp, Inc. operates as the bank holding company for FNCB Bank that provides retail and commercial banking services to individuals, businesses, local governments, and municipalities in Northeastern Pennsylvania. Peoples Financial Services Corp. (PFIS) Peoples Financial Services Corp. operates as the bank holding company for Peoples Security Bank and Trust Company […]

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Oil

Oil Tumbles To $110 as Fed Signals Even More Hawkishness Ahead

(Bloomberg) — Oil fell the most in 5 weeks as Federal Reserve Chair Jerome Powell reiterated his will to curb the hottest inflation in decades with more aggressive rate hikes. West Texas Intermediate dropped to near $110, shedding as much as 6.3%. Federal Reserve Chair Jerome Powell this week openly endorsed for the first time […]

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Biotechnology
Coal
Daily Rundown
Gold
Pharmaceuticals
Silver

Biotech, Gold, Silver, Coal, Pharmaceuticals

Assembly Biosciences, Inc. (ASMB) Assembly Biosciences, Inc., a clinical-stage biotechnology company, discovers and develops therapeutic candidates for the treatment of hepatitis B virus (HBV) infection in the United States. The company’s lead product candidate is Vebicorvir, which as completed Phase 2 clinical trials to treat patients with chronic HBV infection. Hycroft Mining Holding Corporation (HYMC) […]

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Healthcare
One Hot Stock

Cross Country Healthcare, Inc. (CCRN)- Buy Price: $19.90 or better

Buy Price: $19.90 or better Sell Price: TradersPro Sell Signal Cross Country Healthcare, Inc. provides talent management and other consultative services for healthcare clients in the United States. The company operates in two segments, Nurse and Allied Staffing and Physician Staffing. The stocks founds in the One Hot Stock category use stocks that are in long term, […]

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Auto Industry
Electric Trucks
Electric Vehicles
Value Investing
Value Stocks

Should you buy OSK’s big discount?

Markets are naturally cyclical – they swing from high to low and back again on a consistent, if unpredictable basis over a range of time frames. The different time periods associated with any given cycle, or sometimes even the depth of a certain cycle’s direction, can shade the casual investor’s perception about a stock’s opportunity. […]

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Stock Market
Stock Market Bottom
Stock Market Crash
Stock Market Rally

For All Their Worries, Investors Are Piling Into US Stocks

(Bloomberg) — For all the talk of bear markets and a possible recession, investors continue to pile into American equities. US stocks attracted $14.8 billion in the week to June 15, their sixth consecutive week of additions, according to Bank of America Corp. strategists, who cited EPFR Global data. In total, $16.6 billion flowed into […]

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Stock Market Crash
Stock Market Risk

Leuthold Worst Case Has S&P 500 Overshooting Its Historic Floor

(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 […]

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Best Stocks With Perfect Trade Setups

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