Month: July 2022

EV Battery
Solid State Battery
Tesla

Tesla Inks Battery Materials Deals With Two Chinese Suppliers

(Bloomberg) — Tesla Inc. has signed new long-term deals with two of its existing Chinese battery-materials suppliers, the latest move by automakers to secure supplies amid intensifying competition. Zhejiang Huayou Cobalt Co. and CNGR Advanced Material Co. signed pricing agreements with the electric-vehicle giant for supplies until the middle of this decade, according to separate […]

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Big Oil
Crude Oil
Oil

Revenge of Old World Economy as Big Oil’s Cash Flow Rivals Tech

(Bloomberg) — Exxon Mobil Corp.’s cash haul overtook that of Alphabet Inc. for the first time since 2018, proving the oil giant is back in the big league just a year after suffering one of the biggest activist shareholder upsets in corporate history. Exxon, which lost money for the first time in its history during […]

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Banking Sector
Banks
Business Banking
Inflation
Inflation Stocks

Banks Used to Provide Relief From Inflation. Now They Profit Big

(Bloomberg) — The last time inflation burned hot, consumers could put money in the bank and watch it grow like the prices on store shelves, easing much of the pain. Not this time — and that’s stoking profits for US lenders. The gap between what banks pay depositors and what they earn from lending money […]

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Energy Sector
Shale Oil

Shale Profits Finally Blossoming After Decade of Steep Losses

(Bloomberg) — US shale drillers are expected to post record second-quarter profits in coming days, reversing nearly a decade of debt-fueled losses. The top 28 publicly traded US independent oil producers generated $25.5 billion in free cash flow in the three months to June 30, according to estimates compiled by Bloomberg. In that space of […]

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Diversified Oil and Gas services
Oil
Trade Of The Day
TradersPro Sunday

#1 Oil Stock To Buy This Week

SandRidge Energy, Inc. engages in the acquisition, development, and production of oil and natural gas primarily in the United States Mid-Continent. As of December 31, 2021, it had an interest in 817.0 net producing wells; and operated approximately 368,000 net leasehold acres in Oklahoma and Kansas, as well as total estimated proved reserves of 71.3 […]

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Inflation
Inflation Stocks

Two US Cost Gauges Surpass Estimates, Stoking Inflation Concern

(Bloomberg) — Two key US inflation gauges posted larger-than-forecast increases on Friday, heightening concerns that prices will remain persistently high and prompt continued aggressive interest-rate increases from the Federal Reserve. The Labor Department’s employment cost index, a broad gauge of wages and benefits, increased 1.3% in the second quarter from the prior three months, compared […]

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Hedge Funds

Quants Exit $100 Billion of Inflation Bets in Big Market Shift

(Bloomberg) — Fast-money traders have just unwound about $100 billion of bearish stock-bond bets, helping the world’s biggest markets to recover from the worst first-half in history. In the past month, so-called commodity trading advisers have offloaded big short positions that were built around the idea of soaring inflation, according to analysis conducted by both […]

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Biotechnology
Monkeypox
Vaccines

Monkeypox Outbreak May Boost the Shares of These Companies

(Bloomberg) — As health authorities all over the globe search for ways to stop the monkeypox outbreak, investors are snapping up shares of companies that could benefit from the race to quell the disease. Shares of vaccine producers, antiviral drug makers and protective equipment manufacturers are in demand as investors tap a strategy that delivered […]

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Trade Of The Day
TradersPro Saturday

Top Industrial Service Stock Ready To Move

Hudson Technologies, Inc. a refrigerant services company, provides solutions to recurring problems within the refrigeration industry primarily in the United States. HDSN $8.9100 0.3500 % 4.0900 Hudson Tech Inc Sector : Industrial Products Industry : Industrial Services Signal Short Term Trend Long Term Trend BUY UP UP Day: 4.09% Wk: 12.64% Mo: 18.64% Yrly: 155.3% […]

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Fed Rate Hikes
Stock Market
Stock Market Bottom
Stock Market Bulls

Shock July Stock Rally Was a Monster the Fed May Regret Seeing

(Bloomberg) — Among the many superlatives attaching to markets in July, one that could come back to haunt the Federal Open Market Committee is Wednesday and Thursday’s, when the stocks posted their biggest post-meeting rally on record. Believing they heard a dovish tilt from Jerome Powell, traders pushed the S&P 500 up nearly 4% over […]

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Stock Market Bottom
Stock Market Correction
Stock Market Rally
Stock Market Risk

Markets Face Downside After July Jump: Bridgewater’s Patterson

(Bloomberg) — Investors should stay wary of US stocks and bonds as inflation remains a threat and recession looms, according to Rebecca Patterson, chief investment strategist at Bridgewater Associates. The stock market, which finished its best month since November 2020, has mistakenly given the benefit of the doubt to the Federal Reserve’s ability to engineer […]

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TradersPro Alerts

Top Stock and ETF List To Consider Now

NEW BUYS Symbol Last ST Trend Signal St. Rank HDSN Hudson Tech Inc $8.91 Up Buy 99 PBF PBF Energy Inc $33.35 Up Buy 99 SD Sandridge Energy Inc $18.73 Up Buy 99 CPG Crescent Pt Energy $7.92 Up Buy 98 CVE Cenovus Energy Inc $19.08 Up Buy 98 ETF NEW BUYS Symbol Last ST […]

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Crude Oil
Oil
Trade Of The Day

Oil Is Heating Up Look at NexTier Oilfield Solutions Inc. (NEX)

NexTier Oilfield Solutions Inc., through its subsidiaries, provides well completion and production services in various active and demanding basins. The company operates through two segments, Completion Services, and Well Construction and Intervention Services. NEX $9.9700 0.2200 % 2.2600 Nextier Oilfield Solutions Inc Sector : Oils-Energy Industry : Oil – Field Services Signal Short Term Trend […]

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Oil Royalty Trust
Royalty Trust
Top Stocks
Top Stocks To Watch

3 Oil Royalty Trust Stocks To Buy Now

ECA Marcellus Trust I (ECTM) ECA Marcellus Trust I owns royalty interests in producing and development horizontal natural gas wells for Energy Corporation of America (ECA). The company owns royalty interests in 14 producing wells and 52 development wells located in the Greene County, Pennsylvania. Hugoton Royalty Trust (HGTXU) Hugoton Royalty Trust operates as an […]

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Energy Sector
Energy Stocks
One Hot Stock

Berry Corporation (BRY) – Buy Price: $9.00 or better

Buy Price: $9.00 or better Sell Price: TradersPro Sell Signal Berry Corporation, an independent upstream energy company, engages in the development and production of conventional oil reserves located in the western United States. It operates in two segments, Development and Production, and Well Servicing and Abandonment. The stocks founds in the One Hot Stock category use stocks […]

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