Buy Price: $17.00 or better Sell Price: TradersPro Sell Signal Dorian LPG Ltd., together with its subsidiaries, engages in the transportation of liquefied petroleum gas (LPG) through its LPG tankers worldwide. The company owns and operates very large gas carriers (VLGCs). As of May 27, 2022, its fleet consisted of twenty-two VLGCs. The company was […]
Read MoreRange Resources Corporation (RRC) Range Resources Corporation operates as an independent natural gas, natural gas liquids (NGLs), and oil company in the United States. The company engages in the exploration, development, and acquisition of natural gas and oil properties. McKesson Corporation (MCK) McKesson Corporation provides healthcare services in the United States and internationally. It operates […]
Read MoreThe Tech sector often leads the broad stock market’s movements. As a value investor, the rush into Tech during a bull market leaves me a little cold; but when the market has turned bearish, and people are running away from Tech stocks en masse, I think the opportunity to find great value starts to get […]
Read More(Bloomberg) — Google co-founder Sergey Brin instructed his advisers to sell his personal investments in Elon Musk’s companies in recent months after learning that he had a brief affair with his wife, according to the Wall Street Journal. Musk, the co-founder of Tesla Inc., had an alleged liaison in early December in Miami with Nicole […]
Read More(Bloomberg) — The Federal Reserve will probably have to inflict much more pain on the economy to get inflation under control. Growth is already slowing in response to the Fed’s repeated interest rate increases, with the housing market softening, technology companies curbing hiring and unemployment claims edging up. But with inflation proving persistent at a […]
Read More(Bloomberg) — Bob Michele, a bond market veteran for more than four decades, predicts a 75% chance of a US recession over the next 18 months, but thinks it’s priced in. “Clients are returning to the bond market, especially corporate bonds,” Michele, JPMorgan Asset Management’s chief investment officer, said on Bloomberg Television’s “Wall Street Week” […]
Read MoreDistributes pipes, valves, fittings, and other infrastructure products and services to the energy, industrial, and gas utility end-markets in the United States, Canada, and internationally. MRC $10.8200 0.0900 % 0.8400 Mrc Global Inc Sector : Industrial Products Industry : Signal Short Term Trend Long Term Trend BUY UP UP Day: 0.84% Wk: 7.02% Mo: 21.03% […]
Read More(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. The world’s largest economy remained in a precarious position in the second quarter, a government report is projected to show, adding to mounting recessionary angst just as the Federal Reserve leans in harder against inflation. US gross […]
Read More(Bloomberg) — Money managers rolled back bets against the biggest exchange-traded fund focused on oil-company stocks, signaling speculation that the price of crude is at least temporarily bottoming out after sliding sharply since last month. Short sellers piled on to the $33 billion Energy Select Sector SPDR Fund (ticker XLE), the biggest ETF focused on […]
Read MoreA midstream energy company, together with its subsidiaries, acquires, owns, develops, and operates primarily in the United States. It is involved in gathering, compressing, treating, processing, and transporting natural gas; gathering, stabilizing, and transporting condensate, natural gas liquids (NGLs), and crude oil; and gathering and disposing produced water. WES $26.0300 -0.3700 % -1.4000 Western Midstream […]
Read More(Bloomberg) — Like clockwork, a decent few days lift stocks, and out come the charts. Have equities bottomed? Evidence is arrayed to argue this time is different, that this is the bounce that will last. Heeding it now requires conviction bordering on credulity. The data in the bull camp are as follows: a third big […]
Read More(Bloomberg) — US public pension funds are on pace for their deepest financial setback since the Great Recession as turmoil in global markets this year threaten to leave taxpayers and government workers on the hook. Steep stock and bond losses are set to leave state and local pensions this year with enough to cover 77.9% […]
Read MoreCal-Maine Foods, Inc., together with its subsidiaries, produces, grades, packages, markets, and distributes shell eggs. The company offers specialty shell eggs, such as nutritionally enhanced, cage free, organic, and brown eggs under the Egg-Land’s Best, Land O’ Lakes, Farmhouse Eggs, and 4-Grain brand names, as well as under private labels. CALM $53.8500 -0.1500 % -0.2800 […]
Read MoreH World Group Limited (HTHT) H World Group Limited, together with its subsidiaries, develops leased and owned, manachised, and franchised hotels primarily in the People’s Republic of China. The company operates hotels under its own brands, such as HanTing Hotel, Ni Hao Hotel, Hi Inn, and many more. InterContinental Hotels Group PLC (IHG) InterContinental Hotels […]
Read MoreBlueLinx Holdings Inc. (BXC) BlueLinx Holdings Inc., together with its subsidiaries, distributes residential and commercial building products in the United States. The company distributes specialty products comprising engineered wood, industrial products, cedar, moulding, siding, metal, and insulation products. ON Semiconductor Corporation (ON) ON Semiconductor Corporation provides intelligent sensing and power solutions worldwide. Its intelligent power […]
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