Day: August 19, 2022

Big Oil
Crude Oil
Warren Buffett

Here’s Why Warren Buffett Loves Oil Giant Occidental Petroleum

(Bloomberg) — Famed investor Warren Buffett is steadily snowballing a stake in Occidental Petroleum Corp. in what could end up being his biggest-ever acquisition. His Berkshire Hathaway Inc. on Friday won approval to buy as much as 50% of the shares. Some investors believe it’s a step toward a full takeover, which may end up […]

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Elon Musk
Short Selling
Stock Market

Tesla Short Scott Burg Makes Multibillion-Dollar Bet Against Elon Musk's Firm

(Bloomberg) — While Elon Musk has plenty of Wall Street detractors, Scott Burg may be the first distressed-bond manager to make a multibillion-dollar options bet that Musk’s Tesla Inc. will be “squashed like a bug.” Burg, the chief investment officer of Deer Park Road Management Co. who made the prediction in a 2020 tweet, acquired […]

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Medical Drugs
Trade Of The Day

Catalyst Pharmaceuticals, Inc. (CPRX) Might Just Be What You’ve Been Looking For

Catalyst Pharmaceuticals, Inc., a commercial-stage biopharmaceutical company, focuses on developing and commercializing therapies for people with rare debilitating, chronic neuromuscular, and neurological diseases in the United States. CPRX $13.9500 0.1100 % 0.7900 Catalyst Pharm Inc Sector : Medical Industry : Medical – Drugs Signal Short Term Trend Long Term Trend BUY UP UP Day: 0.79% […]

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Technology Services
Top Stocks
Top Stocks To Watch

3 Technology Service Stocks To Buy Now

Inspired Entertainment, Inc. (INSE) Inspired Entertainment, Inc., a business-to-business gaming technology company, supplies content, platform, and other products and services to regulated lottery, betting, and gaming operators worldwide. The company operates through four segments: Gaming, Virtual Sports, Interactive, and Leisure. T Jianpu Technology Inc. (JT) Jianpu Technology Inc. operates a platform that provides online discovery […]

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Auto Industry
Auto Makers
Value Investing
Value Stocks

Ford Motor Company (F) is up 24% in the last month – where is its value price?

For the last few years, the Auto industry has been an interesting pocket of the stock market to pay attention to. Between trade tensions between the U.S. and its largest trading partners before 2020 to the global COVID pandemic that shuttered economic activity and collapsed demand for most of that year. 2021 saw a number […]

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Daily Rundown
Microwave Tech
Natural Gas
Oil Exploration
Part Distribution

Electronic Parts, Steel, Microwaves, Oil Exploration and Production, Natural Gas

Crescent Point Energy Corp. (CPG) Crescent Point Energy Corp. explores, develops, and produces light and medium crude oil, natural gas liquids, and natural gas reserves in Western Canada and the United States. It’s crude oil and natural gas properties, and related assets are located in the provinces of Saskatchewan, Alberta, British Columbia, and Manitoba. Occidental […]

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One Hot Stock

Aspen Technology, Inc. (AZPN)- Buy Price: $226.15 or better

Buy Price: $226.15 or better Sell Price: TradersPro Sell Signal Aspen Technology, Inc. provides enterprise asset performance management, asset performance monitoring, and asset optimization solutions worldwide. The company’s solutions address complex environments where it is critical to optimize the asset design, operation, and maintenance lifecycle. The stocks founds in the One Hot Stock category use stocks that […]

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Home Mortgage
Housing Market
Housing Market Bubble
Mortgage Rates
Mortgage Refinance

US Mortgage Lenders Are Starting to Go Broke

(Bloomberg) — The US mortgage industry is seeing its first lenders go out of business after a sudden spike in lending rates, and the wave of failures that’s coming could be the worst since the housing bubble burst about 15 years ago. There’s no systemic meltdown coming this time around, because there hasn’t been the […]

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Bear Market Rally
Short Sellers
Short Squeeze
Stock Market Top

Massive Short Squeeze Behind Stock Rally Showing Signs of Ending

(Bloomberg) — One big force at the center of the two-month equity rally is showing signs of fatigue. It’s the behavior of short sellers, whose frantic efforts to unwind bearish wagers created buying that added fuel to the $7 trillion share advance. Evidence is arising now that the process is petering out. Hedge funds that […]

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Fed Meeting
Fed Rate Cuts
Fed Rate Hikes
Federal Reserve

‘Very Few Fear Fed’: BofA Says Cash Flooding Into Stocks, Bonds

(Bloomberg) — Investors continued piling into stocks and bonds, dismissing the risk of a more aggressive Federal Reserve as they expect it to ease the pace of rate hikes while inflation pulls back from its peak, according to Bank of America Corp. strategists. Global equity funds attracted $7.9 billion in the week through Aug. 17, […]

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