Day: August 4, 2022

Tesla

Tesla Investors Clear 3-for-1 Stock Split as Shares Rebound

(Bloomberg) — Tesla Inc. shareholders approved a three-for-one stock split on Thursday as the electric-vehicle maker seeks to attract an even larger number of retail investors amid a furious rally since late May. The split will bring Tesla’s shares down to the $300 range, but the Austin, Texas based-company did not immediately specify as of […]

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Home Mortgage
Mortgage
Mortgage Rates

Almost Half of Mortgaged Homes in US Now Considered Equity-Rich

(Bloomberg) — Home ownership has reached a milestone in the US. Nearly half of mortgaged properties were considered equity-rich in the second quarter — meaning owners had at least 50% in home equity. This marked the ninth straight quarterly rise, fueled by soaring house valuations in the pandemic era and an increase in down payments […]

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Software
Top Stocks
Top Stocks To Watch

3 Software Stocks To Buy Now

Simulations Plus, Inc. (SLP) Simulations Plus, Inc. develops drug discovery and development software for modeling and simulation, and prediction of molecular properties utilizing artificial intelligence and machine learning based technology worldwide. Synopsys, Inc. (SNPS) Synopsys, Inc. provides electronic design automation software products used to design and test integrated circuits. The company offers Fusion Design Platform […]

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Biotech
Biotechnology
Trade Of The Day

Top Biotech Stock Adicet Bio, Inc. (ACET) Is On The Move

Adicet Bio, Inc., a biotechnology company, discovers and develops allogeneic gamma delta T cell therapies for cancer and other diseases. The company offers gamma delta T cells engineered with chimeric antigen receptors and T cell receptors. ACET $18.1800 0.6800 % 3.8900 Adicet Bio Inc Sector : Medical Industry : Medical – Biomedical Signal Short Term […]

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Natural Gas
Oil
One Hot Stock

Solaris Oilfield Infrastructure, Inc. (SOI) – Buy Price: $12.00 or better

Buy Price: $12.00 or better Sell Price: TradersPro Sell Signal Solaris Oilfield Infrastructure, Inc. designs, manufactures, and sells mobile equipment to unload, store, and deliver proppant, water, and chemicals at oil and natural gas well sites in the United States. The stocks founds in the One Hot Stock category use stocks that are in long term, short […]

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Biotech
Daily Rundown
Industrial Products
Lithium
Minerals and Chemicals
Shipping Transportation

Shipping, Energy, Biotech, Minerals, Lithium

Ardmore Shipping Corporation (ASC) Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. As of February 15, 2022, the company operated a fleet of 25 double-hulled product and chemical tankers. It serves oil majors, oil companies, oil and chemical traders, chemical companies, and pooling service providers. Comstock Resources, Inc. (CRK) […]

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Rail
Railroad Stocks
Transportation
Value Investing
Value Stocks

CSX has rallied 18% higher in the last two weeks – is that a buying opportunity?

2022 has meant a lot of uncertainty in the marketplace so far. Inflation, rising interest rates and war are just the biggest headlines that have kept the markets on edge, pushing the market into a confirmed bear market and leaving many to wonder if a recession is inevitable.  While everybody wants to keep the good […]

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China
Copper

Copper Worth Nearly Half a Billion Dollars Goes Missing in China

(Bloomberg) — A group of Chinese companies are investigating why a commodities storage site in northern China is holding only one third of the copper concentrate they were financing, according to people familiar with the situation. Traders from more than a dozen mostly state-owned firms gathered in Qinhuangdao city this week after becoming aware of […]

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Bear Market Rally
Correction
Stock Market Correction
Stock Market Rally

Goldman, Bernstein Strategists Say Stocks Rally Can Fizzle Out

(Bloomberg) — The recent brisk rebound in equity markets won’t last as the macroeconomic data continue to deteriorate and earnings forecasts are being slashed, strategists at Goldman Sachs Group Inc. and Sanford C. Bernstein warn. “Without clear signs of a positive shift in macro momentum, temporary re-risking could actually increase risks of another leg lower […]

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