(Bloomberg) — Strategists are looking beyond the key issue of inflation for other potential market metrics that may cause the Federal Reserve to slow its aggressive cycle of interest-rate hikes. An ugly August reading for US consumer prices last week cemented bets on a third straight 75 basis-point move when the central bank hands down […]
Read More(Bloomberg) — A brutal wipeout in a $25 billion bond exchange-traded fund has investors wagering that the worst is over on the eve of a crucial Federal Reserve decision. The price of the iShares 20+ Year Treasury Bond ETF (ticker TLT) has plunged 38% from its August 2020 peak in the biggest drawdown since the […]
Read MoreTORM plc, a product tanker company, engages in the transportation of refined oil products and crude oil worldwide. The company transports gasoline, jet fuel, and naphtha. As of March 23, 2022, it operated a fleet of approximately 85 vessels. TRMD $21.4700 -0.2600 % -1.2000 Torm Plc Cl A Sector : Transportation Industry : Transportation – […]
Read MoreThe Hanover Insurance Group, Inc. (THG) The Hanover Insurance Group, Inc., through its subsidiaries, provides various property and casualty insurance products and services in the United States. The company operates through three segments: Commercial Lines, Personal Lines, and Other. The Allstate Corporation (ALL) The Allstate Corporation, together with its subsidiaries, provides property and casualty, and […]
Read MoreMV Oil Trust (MVO) MV Oil Trust acquires and holds net profits interests in the oil and natural gas properties of MV Partners, LLC. Its properties include approximately 860 producing oil and gas wells located in the Mid-Continent region in the states of Kansas and Colorado. Livent Corporation (LTHM) Livent Corporation manufactures and sells performance […]
Read MoreBuy Price: $32.05 or better Sell Price: TradersPro Sell Signal Weatherford International plc, an energy services company, provides equipment and services for the drilling, evaluation, completion, production, and intervention of oil, geothermal, and natural gas wells worldwide. The company operates in two segments, Western Hemisphere and Eastern Hemisphere. The stocks founds in the One Hot Stock category […]
Read More(Bloomberg) — Economist Nouriel Roubini, who correctly predicted the 2008 financial crisis, sees a “long and ugly” recession in the US and globally occurring at the end of 2022 that could last all of 2023 and a sharp correction in the S&P 500. “Even in a plain vanilla recession, the S&P 500 can fall by […]
Read MoreIt seems that every year, economic and market activity finds a way to revolve around one or two primary themes. It’s safe to say that no matter where you start, the primary economic theme for 2022 boils down to inflation. Economic metrics were clearly starting show that inflation was picking up steam in late 2021, […]
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