Day: December 1, 2022

Daily Rundown
Data Storage
Royalty Trust

Steel, Server and Storage, Credit Scores, Mineral Royalty, Pharmaceutical

ATI Inc. (ATI) ATI Inc. manufactures and sells specialty materials and components worldwide. The company operates in two segments: High Performance Materials & Components (HPMC) and Advanced Alloys & Solutions (AA&S). Super Micro Computer, Inc. (SMCI) Super Micro Computer, Inc., together with its subsidiaries, develops and manufactures high-performance server and storage solutions based on modular […]

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Energy Stocks
Oil Stocks
Top Stocks
Top Stocks To Watch

3 Oil & Energy Stocks To Buy Now

Nine Energy Service, Inc. (NINE) Nine Energy Service, Inc. operates as an onshore completion services provider that targets unconventional oil and gas resource development across North American basins and internationally. EnLink Midstream, LLC (ENLC) EnLink Midstream, LLC provides midstream energy services in the United States. It operates through Permian, Louisiana, Oklahoma, North Texas, and Corporate […]

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One Hot Stock

Verona Pharma plc (VRNA) – Buy Price: $14.70 or better

Buy Price: $14.70 or better Sell Price: TradersPro Sell Signal Verona Pharma plc, a clinical stage biopharmaceutical company, focuses on development and commercialization of therapies for the treatment of respiratory diseases with unmet medical needs. The stocks founds in the One Hot Stock category use stocks that are in long term, short term trends and are early […]

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Trade Of The Day

Rhythm Pharmaceuticals, Inc. (RYTM)

Rhythm Pharmaceuticals, Inc., a commercial-stage biopharmaceutical company, focuses on the development and commercialization of therapeutics for the treatment of rare genetic diseases of obesity. RYTM $26.1200 -0.6500 % -2.4300 Rhythm Pharmaceuticals Inc Sector : Medical Industry : Medical – Biomedical Signal Short Term Trend Long Term Trend BUY UP UP Day: -2.43% Wk: 9.58% Mo: […]

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Computer Networks
Internet Of Things
Value Investing
Value Stocks

CSCO is up nearly 30% since early October. Is the bandwagon big enough for you too?

Cisco Systems Inc. (CSCO) is one of the most recognizable and established companies in the Technology sector. With a market cap of more than $200 billion, they are also one of the largest, if not THE largest player in the Networking & Communications segment.  Companies like CSCO are, without question, the standard against which all […]

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Bear Market Rally

Investors Pull $8 Billion From Major Stock ETFs

(Bloomberg) — Exchange-traded fund investors took Wednesday’s stock-market surge as an opportunity to offload $8 billion of holdings in two of the biggest equity funds. Investors pulled $5.8 billion from the $380 billion SPDR S&P 500 ETF Trust (ticker SPY), marking the largest withdrawal since September. Meanwhile, the $162 billion Invesco QQQ Trust Series 1 […]

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Alloy Steel
Flat-Rolled Steel
Steel - Pipe & Tube
Stock Market Today
Top Stock Market News

Stock Market Update – Solid Rally – Steel Stock Buy Signal

Market conditions are Bullish in a Bear Market as of 2022-11-30. 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 -16.11 which indicates the current market conditions are Extreme, Risk of a reversal is high. The […]

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Consumer Price Index
Fed Rate Cuts
Fed Rate Hikes
Producer Price Index

US Core PCE Prices Rise by Less Than Forecast; Spending Gains

(Bloomberg) — A key gauge of US consumer prices posted the second-smallest increase this year while spending accelerated, offering hope that the Federal Reserve’s interest-rate hikes are cooling inflation without sparking a recession. The personal consumption expenditures price index excluding food and energy, which Fed Chair Jerome Powell stressed this week is a more accurate […]

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Crude Oil
Gas Prices
Oil and Gas Pipelines
Oil Production

Canadian Oil Giant Plans to Pump Record Crude in 2023

(Bloomberg) — Canadian Natural Resources Ltd., Canada’s largest oil and gas producer, is aiming to raise production as high as 1 million barrels a day in 2023 for the first time as the company ramps up drilling amid historically high prices. Combined with natural gas, production is forecast to increase by 56,000 barrels of oil […]

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Crypto Crash
Crypto Fraud
Cryptocurrency Regulation

FTX Missing Billions Remain Mystery After Bankman-Fried Grilling

(Bloomberg) — Mystery continues to shroud the missing billions at bankrupt crypto exchange FTX after its disgraced founder Sam Bankman-Fried denied trying to perpetrate a fraud while admitting to grievous managerial errors. In his first major public appearance following the Nov. 11 implosion of FTX and sister trading house Alameda Research, Bankman-Fried said he “screwed […]

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Home Mortgage
Housing Crash
Mortgage Rates

Mortgage Firm Files for Bankruptcy Amid Housing Market Deep Freeze

(Bloomberg) — Starwood Capital-backed home lender Reverse Mortgage Funding LLC filed for Chapter 11 bankruptcy, the latest company to succumb amid a rapid run-up in mortgage rates. The company, which makes reverse mortgages, listed assets and liabilities of at least $10 billion each in its bankruptcy petition. Chapter 11 bankruptcy allows companies to keep operating […]

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