(Bloomberg) — Tesla Inc. erased all of its gains from the past 17 months as investors continue to sell off the stock in the wake of Chief Executive Officer Elon Musk’s purchase of Twitter Inc. The electric-vehicle maker’s shares closed down 5% to $197.08 in New York Monday, at the lowest level since June 2021. […]
Read More(Bloomberg) — The Federal Reserve “hasn’t accomplished anything” in loosening the US labor market even after four consecutive 75-basis-point hikes, former New York Fed President Bill Dudley said. Friday’s jobs report showing a 261,000 gain in payrolls and a slight uptick in unemployment in October is “not consistent with a loosening labor market,” Dudley, chair […]
Read MoreCVR Energy, Inc., together with its subsidiaries, engages in the petroleum refining and nitrogen fertilizer manufacturing activities in the United States. It operates in two segments, Petroleum and Nitrogen Fertilizer. CVI $40.6800 1.4900 % 3.8000 Cvr Energy Inc Sector : Oils-Energy Industry : Oil – Refining and Marketing Signal Short Term Trend Long Term Trend […]
Read MoreConsolidated Water Co. Ltd. (CWCO) Consolidated Water Co. Ltd., together with its subsidiaries, designs, constructs, manages, and operates water production and water treatment plants primarily in the Cayman Islands, the Bahamas, and the United States. The company operates through four segments: Retail, Bulk, Services, and Manufacturing. It uses reverse osmosis technology to produce potable water […]
Read MoreOvintiv Inc. (OVV) Ovintiv Inc., together with its subsidiaries, engages in the exploration, development, production, and marketing of natural gas, oil, and natural gas liquids. It operates through USA Operations, Canadian Operations, and Market Optimization segments. DCP Midstream, LP (DCP) DCP Midstream, LP, together with its subsidiaries, owns, operates, acquires, and develops a portfolio of […]
Read MoreBuy Price: $12.65 or better Sell Price: TradersPro Sell Signal Energy Transfer LP provides energy-related services. The company owns and operates approximately 11,600 miles of natural gas transportation pipeline, and three natural gas storage facilities in Texas and two natural gas storage facilities located in the state of Texas and Oklahoma. The stocks founds in […]
Read More(Bloomberg) — Carvana Co. is set to wipe out more than half of its market value in just two trading sessions as the stock plunged to an all-time low on deepening gloom about used-car sales. Shares of the online dealer have sunk more than 53% in the two trading days since the company reported disappointing […]
Read MoreValue analysis, or growth-focused, momentum-based trading? Most investors tend to think of these two approaches as being in diametric opposition to each other as incompatible methods. Looking for stocks at the low side of their historical ranges is a no-brainer approach for a value-oriented investor, because generally increases the odds that the stock will represent […]
Read MoreMarket conditions are Mildly bearish in a Bear Market as of 2022-11-04. This means traders and investors should consider trading with a bearish bias by raising stop levels on winners and selling losers. The rank of the Bear Market is -19.98 which indicates the current market conditions are Extreme, Risk of a reversal is high. […]
Read More(Bloomberg) — Goldman Sachs Group Inc. lowered earnings estimates for the S&P 500 Index for each year till 2024, saying margins contraction in the third-quarter signals more pain ahead. “We believe S&P 500 margins have inflected downwards and lower our estimates to incorporate greater margin contraction,” strategists including David J Kostin wrote in a note […]
Read More(Bloomberg) — Gold Fields Ltd. said it won’t raise its offer for Yamana Gold Inc. after two Canadian rivals teamed up with an unsolicited $4.8 billion bid to break up an earlier merger agreement with the South African miner. Its offer for Yamana is “strategically and financially superior” to the deal put together by Pan […]
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