Day: November 21, 2022

Crypto
Crypto Crash
Crypto Fraud
Cryptocurrency
Cryptocurrency Mining
Cryptocurrency Regulation
FTX

FTX Latest: Genesis Bankruptcy Warning Weighs on Crypto Markets

(Bloomberg) — Crypto brokerage Genesis warned of the risk of bankruptcy amid contagion from the rapid demise of Sam Bankman-Fried’s FTX empire. Tampa Bay Buccaneers quarterback Tom Brady and the Golden State Warriors’ Steph Curry are among the celebrities that a Texas regulator is investigating for potential securities-law violations tied to their promotions of FTX. […]

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Shipping Transportation
Trade Of The Day

TORM plc (TRMD)

TORM 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. The company was founded in 1889 and is headquartered in London, the United Kingdom. TRMD $28.9200 […]

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electronic
Electronic Manufacturing Services (EMS)
Electronics Manufacturing
Top Stocks
Top Stocks To Watch

3 Electronic Manufacturing Stocks To Buy Now

Sanmina Corporation (SANM) Sanmina Corporation provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services worldwide. It operates in two businesses, Integrated Manufacturing Solutions; and Components, Products and Services. Jabil Inc. (JBL) Jabil Inc. provides manufacturing services and solutions worldwide. It operates in two segments, Electronics Manufacturing Services and Diversified Manufacturing Services. The […]

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Daily Rundown
Financial Services
Insurance
Metals
Natural Gas
Tech Services

Natural Gas, Metals, Financial Solutions, Insurance, Tech Services

South Jersey Industries, Inc. (SJI) South Jersey Industries, Inc., through its subsidiaries, provides energy-related products and services. The company engages in the purchase, transmission, and sale of natural gas. It also sells natural gas and pipeline transportation capacity on a wholesale basis to residential, commercial, etc. Reliance Steel & Aluminum Co. (RS) Reliance Steel & […]

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Auto-Tires-Trucks
One Hot Stock

Genuine Parts Company (GPC)- Buy Price: $183.80 or better

Buy Price: $183.80 or better Sell Price: TradersPro Sell Signal Genuine Parts Company distributes automotive replacement parts, and industrial parts and materials. It operates through Automotive Parts Group and Industrial Parts Group segments. The company distributes automotive replacement parts for hybrid and electric vehicles, trucks, SUVs, buses, etc. The stocks founds in the One Hot Stock category […]

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Bitcoin
Cathie Wood
Crypto Crash
Cryptocurrency

Cathie Wood Goes On Coinbase Buying Spree as Wall Street Sours

(Bloomberg) — Wall Street’s waning conviction in Coinbase Global Inc. has done little to deter Cathie Wood. Instead, she’s been scooping up shares of the struggling cryptocurrency exchange in the wake of the collapse of Sam Bankman-Fried’s FTX. Wood’s Ark Investment Management funds have bought more than 1.3 million shares of Coinbase since the start […]

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Semiconductor
Semiconductor Fabrication
Tech Stocks
Value Investing
Value Stocks

MCHP is up nearly 20% in the last month. Where is its value price?

Stocks in the Technology sector get a lot of attention and buzz from investors, analysts and talking heads alike no matter the time of year or current status of the economy. A big reason comes from the reality that progress, innovation and evolution in just about every other sector of the economy is driven by […]

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Auto Industry
Used Cars

Carvana Stock Rout Hits 97% This Year With Used-Car Prices Crumble

(Bloomberg) — Online car dealer Carvana Co.’s shares are careening toward an all-time low as investors grow more concerned about the continuing decline in used-vehicle prices. The price of the company’s stock fell as much as 12% to $7.06, on pace to close at a record low. Carvana, which was once touted as a disruptor […]

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Shipping Transportation
Stock Market Rally
Stock Market Today
Tankers
Top Stock Market News

Stock Market Update – Bullish Market Bias – Tanker Stocks Moving

Market conditions are Bullish in a Bear Market as of 2022-11-18. 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 -18.27 which indicates the current market conditions are Extreme, Risk of a reversal is high. The […]

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Bear Market
Economic Recession
Recession
U.S. Recession

Goldman Sachs Strategists Say Bear Market Will Last in 2023

(Bloomberg) — Equity investors hoping for a better year in 2023 will be disappointed, according to Goldman Sachs Group Inc. strategists, who said the bear market phase is not over yet. “The conditions that are typically consistent with an equity trough have not yet been reached,” strategists including Peter Oppenheimer and Sharon Bell wrote in […]

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Berkshire Hathaway
Japan
Warren Buffett

Buffett’s Berkshire Ups Stakes in Japanese Trading Houses

(Bloomberg) — Warren Buffett’s Berkshire Hathaway Inc. increased its stakes in five of Japan’s major trading companies, according to filings released on Monday. Berkshire Hathaway first bought stakes in Japan’s trading houses — also known as “sogo shosha” — in August 2020, acquiring about 5% of each of the firms. The trading companies, which invest […]

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Crypto
Crypto Crash
Crypto Fraud
Crypto Mining
Crypto Taxation
Cryptocurrency
Cryptocurrency Mining
Cryptocurrency Regulation

Traders Flee Crypto Markets After FTX Collapse

(Bloomberg) — The wild-west days of crypto markets are back again as the large trading houses that once thrived on arbitraging price gaps pull back in the wake of FTX’s collapse. That’s opening up profitable opportunities for anyone that still dares to trade. Prices for essentially identical assets on various platforms are diverging in a […]

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