Day: November 7, 2022

Top Stock Market News

Tesla’s Post-Twitter Selloff Pushes Stock to a 17-Month Low

(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. […]

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Fed Rate Hikes
Federal Reserve
Top Stock Market News

Fed ‘Hasn’t Accomplished Anything’ on Labor Market, Dudley Says

(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 […]

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Oil Refiners
Trade Of The Day

CVR Energy, Inc. (CVI)

CVR 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 […]

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Top Stocks
Top Stocks To Watch
Water Management
Water Supply

3 Water Supply Stocks To Buy Now

Consolidated 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 […]

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Daily Rundown
Energy Stocks
Natural Gas
Shipping Transportation

Natural Gas, Oil, Energy, Shipping, Technology,

Ovintiv 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 […]

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Natural Gas
Oil and Gas Pipelines
One Hot Stock

Energy Transfer LP (ET)- Buy Price: $12.65 or better

Buy 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 […]

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Auto Industry
Auto Makers
Automotive Retail
Top Stock Market News

Carvana Shares Plunge to Record Low as Used-Car Prices Fall Fast

(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 […]

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Electrical Products
Tech Stocks
Value Investing
Value Stocks

GLW is up 8% in the last month. Is it still a good value?

Value 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 […]

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Stock Market Rally
Stock Market Today
Top Stock Market News

Stock Market Update – Markets Finding Support – Steel Stocks Keep Moving Higher

Market 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. […]

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Corporate Earnings
Earnings Reports
Stock Market
Top Stock Market News

Goldman Cuts S&P 500 Earnings Estimate, Citing Margin Headwinds

(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 […]

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Gold Stocks
Top Stock Market News

Gold Fields Rules Out Raising Yamana Offer After Rival Bid

(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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Lay Offs
Mark Zuckerberg
Top Stock Market News

Meta to Lay Off Thousands of Staff From This Week, WSJ Says

(Bloomberg) — Meta Platforms Inc. is planning to begin layoffs that will affect thousands of workers from this week, Wall Street Journal reported, citing people with knowledge of the matter. The job cuts could come as early as Wednesday, the newspaper said. The company has already told employees to cancel non-essential travel from this week, […]

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