(Bloomberg) — Before the world began to grasp the truth about Sam Bankman-Fried — before the panic, the investigations and, at last, the brutal collapse — an inkling of doom began to spread through his convoluted crypto empire. All across FTX, the exchange that had transformed his mere initials into a symbol of a new […]
Read More(Bloomberg) — The Federal Reserve needs to raise interest rates significantly higher, to perhaps 6%, to reduce inflation, influential monetary economist John Taylor said on Friday. He told an economic conference in New York that rates were still “quite low” when measured in real, inflation-adjusted terms or when compared to monetary policy rules like the […]
Read MorePBF Energy Inc., together with its subsidiaries, engages in refining and supplying petroleum products. The company operates in two segments, Refining and Logistics. It produces gasoline, ultra-low-sulfur diesel, heating oil, diesel fuel, jet fuel, lubricants, petrochemicals, and asphalt. PBF $46.5800 -0.1000 % -0.2100 PBF Energy Inc Sector : Oils-Energy Industry : Oil – Refining and […]
Read MoreLegend Biotech Corporation (LEGN) Legend Biotech Corporation, a clinical-stage biopharmaceutical company, through its subsidiaries, engages in the discovery and development of novel cell therapies for oncology and other indications in the United States, China, and internationally. Axsome Therapeutics, Inc. (AXSM) Axsome Therapeutics, Inc., a biopharmaceutical company, engages in the development of novel therapies for central […]
Read MoreArdmore 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. Peabody Energy Corporation (BTU) Peabody Energy Corporation engages in coal mining business in the United States, Japan, Taiwan, Australia, India, […]
Read MoreBuy Price: $15.95 or better Sell Price: TradersPro Sell Signal GeoPark Limited engages in the exploration, development, and production of oil and gas reserves in Chile, Colombia, Brazil, Argentina, and Ecuador. As of December 31, 2021, the company had working and/or economic interests in 42 hydrocarbons blocks. The stocks founds in the One Hot Stock category use […]
Read More(Bloomberg) — As US stocks surged to the best day in two years, one of the market’s most reliable group of buyers was nowhere to be found. Day traders dumped equities in droves, selling a net $2.65 billion in shares as the S&P 500 jumped more than 5%. The disposal was the most since JPMorgan […]
Read MoreNo matter what your approach to the stock market may be, there are a myriad number of issues that come at you and demand attention. Some of those elements can be anticipated, if not predicted; for example, if a company is getting set for a new quarterly earnings report, it’s pretty normal to see a […]
Read More(Bloomberg) — Sam Bankman-Fried’s crypto empire filed for Chapter 11 bankruptcy in Delaware, capping a rapid downfall for his companies. Entities tied to FTX.com, FTX US and trading firm Alameda Research Ltd. were part of the filings, according to a Twitter statement Friday. Chapter 11 bankruptcy lets a company continue operating while it works out […]
Read MoreMarket conditions are Bullish in a Bear Market as of 2022-11-10. This means traders and investors should consider trading with a Neutral or Bullish bias by buying stocks and setting tight stops. The rank of the Bear Market is -19.76 which indicates the current market conditions are Extreme, Risk of a reversal is high. The […]
Read More(Bloomberg) — Bond traders are declaring victory over the Federal Reserve’s war on inflation after it slowed last month to a weaker pace than economist forecasts. A part of the yield curve that Federal Reserve Chair Jerome Powell watches closely to monitor recession risks inverted for the first time since the pandemic hit in early […]
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