Crude Oil
“I Don’t Care If The Market Is Crashing, Rebounding... Or Just Going Sideways…”
Retire In 18 Months With $2.4 Million Regardless Of Market Conditions? It takes a certain sort of person to sit back while the global markets are on fire and say, ‘I just don’t care…bring it on.
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The Fed Just Announced Another $2.3 Trillion In Financing Programs As Jobless Claims Surge By 6.6 Million
Plus, the Trump Administration is reportedly launching a new coronavirus task force focused on the economic devastation caused by the pandemic, oil rose on reports Saudi Arabia and Russia have come to agreement on a massive production cut, and airline stocks are on the rise after Mnuchin said airlines could hear back on their applications for government aid by as soon as tomorrow.
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The White House Is Working On A Plan To Open Parts Of The U.S. Within The Next 30 Days
Plus, expectations are low for an agreement at tomorrow’s OPEC+ meeting on an oil production cut, McDonald’s reported a 22% decline in same-store sales last month, and Zoom Technologies just got hit with a lawsuit over its privacy and security shortcomings.
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Stocks Are Higher Even As U.S. Surgeon General Says This Week “Is Going To Be Our 9/11” Moment Amid The COVID-19 Pandemic
Plus, JPMorgan’s Jaime Dimon said the coronavirus crisis will produce a “bad recession,” oil is lower as the OPEC+ meeting to discuss a production cut is delayed, and Apple said it will deliver 1 million face shields per week starting this week.
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Coronavirus Pandemic Is “Like A Hurricane But Hitting The Entire Country At The Exact Same Time” As Cases Surge Past 245,500
Plus, oil is climbing again on reports that OPEC+ is meeting Monday to discuss production cuts, 3M said it is increasing production capacity for its masks for healthcare providers to 50 million per month, and Tesla delivered more vehicles than expected in the first quarter.
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As Oil Plummets, These Are The Only 2 Energy Stocks Worth Buying Now
These 2 names might be the best bets as oil faces a “disastrous situation.”
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Jobless Claims Surged By 6.65 Million Last Week Bringing The Two-Week Total To More Than 10 Million
Plus, oil is climbing after Trump said Russia and Saudi Arabia will work toward easing the pressure on oil by ending their price war, U.S. coronavirus cases rose past 216,000, and Luckin Coffee shares plummeted after the company disclosed that its COO had fabricated 2019 sales figures.
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The Dow Is About To Close Out Its Worst Quarter Ever
Plus, the White House and congressional Democrats are beginning work on a fourth stimulus package, Simon Property Group has furloughed 30% of its workers amid the coronavirus pandemic, and Domino’s shares are down after the pizza chain said sales rose less investors had expected in the first quarter.
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Oil Just Fell To An 18-Year Low & Could Keep Falling – Here’s Why
Plus, President Trump abandoned his hope of re-opening the U.S. economy by Easter as cases surge to more than 143,000, Macy’s said it is furloughing the majority of its 130,000 employees, and Johnson & Johnson said it will begin human trails on its experimental COVID-19 vaccine by September.
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Chevron Shares Rocket Higher After The Company Said It Will Maintain Its Dividend
Plus, the market is higher on optimism that a third stimulus bill will be finalized today, Gilead Sciences’ experimental COVID-19 treatment, remdesivir, received Orphan Drug Designation from the FDA, and General Motors said it is conserving cash and drawing down $16 billion from credit lines.
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DHT Holdings, Inc. (DHT) Buy Target $6.32 Sell Target $7.28
Trade Setup Buy Target $6.32 Sell Target $7.28 DHT Holdings, Inc., through its subsidiaries, owns and operates crude oil tankers primarily in Oslo, Norway and Singapore. As of August 6, 2019, it had a fleet of 27 very large crude carriers with a capacity of 8,360,850 deadweight tons. The company was founded in 2005 and […]
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