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Steel, Oil, Electric Utility & Manufacturing, Insurance

Tenaris S.A. (TS) Tenaris S.A., together with its subsidiaries, produces and sells seamless and welded steel tubular products; and provides related services for the oil and gas industry, and other industrial applications. Diamondback Energy, Inc. (FANG) Diamondback Energy, Inc., an independent oil and natural gas company, focuses on the acquisition, development, exploration, and exploitation of […]

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Top Stock Market News

Factories Making Towels and Bedsheets Are Shutting in Pakistan

(Bloomberg) — Pakistan’s small textile mills, which make products ranging from bedsheets to towels mainly for consumers in the US and Europe, are starting to shut after devastating floods wiped out its cotton crop. As many as 100 smaller mills have suspended operations due to a shortage of good quality cotton, high fuel costs, and […]

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Job Market
Manufacturing

U.S. manufacturing 'has an identity crisis,' expert explains as industry job growth slows

Jobs growth in manufacturing slowed again in December, adding 26,000 new hires after a consensus estimate of 35,000, despite the overall pandemic-era unemployment rate being at 3.9%. Since the pandemic began, manufacturing companies have brought back nearly 1.2 million jobs out of the 1.4 million jobs lost. In other words, according to the Bureau of […]

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Warren Buffett

PCAR’s new bullish rally looks like a good technical bullish set up – is it a good value as well?

One of the most successful investors in the entire history of the U.S. stock market, and arguably the most famous of our era is Warren Buffett. His annual reports for Berkshire Hathaway have long been considered required reading for any serious fundamental or value-oriented investor because of the way he outlines his views of current […]

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TEX is about -20% off of its yearly high. Should you buy?

The longer a bull market lasts, the more extended price valuations become. The longer that condition continues, the harder it becomes for value-oriented investors to justify long-term investments in most of the stocks, industries and sectors that everybody else is talking about. I think this is a pretty good description of current market conditions, as […]

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Fintechs Coinbase & Upstart Report Massive Revenue Growth

Plus, Southwest lowered its revenue and profit forecast as the COVID-19 delta variant impacts bookings, Rocket Labs announced a deal to provide three of its photon spacecraft to Varda Space Industries, and the Labor Department reported July’s CPI came in at 5.4% year-over-year.

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Inflation Surged 5.4% In June Marking Fastest Pace In Nearly 13 Years

Plus, bank earnings kicked off this morning with JPMorgan and Goldman Sachs delivering beats, Boeing cut its delivery target for its 787 Dreamliner for this year, and Mastercard and Verizon announced a new partnership.

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Virgin Galactic Shares Jump After Announcing Branson’s First Spaceflight

Plus, the U.S. added 850,000 jobs in June, Tesla reported more than 201,000 deliveries in the second quarter, and DiDi shares are down after China announced a cybersecurity review of the company just days after its IPO.

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Investors Shrug Off Soft Recall Of Tesla’s Model 3 & Model Y In China

Plus, cryptocurrency exchange Binance was banned from operating in the U.K., the FAA said Boeing’s 777X plane isn’t ready for a significant certification step, and U.S. lawmakers are investigating Biogen’s new Alzheimer’s drug over price concerns and doubts about its effectiveness.

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Fed’s Bullard Sees Interest Rate Increase Happening In 2022

Plus, Boeing’s largest 737 Max plane is expected to take its initial flight today, Morgan Stanley said Facebook remains its top social media stock pick, and Adobe delivered an earnings beat.

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DraftKings Shares Drop As Short Seller Issues Warning

Plus, the U.S. and EU resolved their 17-year long Boeing-Airbus trade dispute, GM is partnering with Wabtec to develop and commercialize electric locomotives, and Best Buy is expanding into luggage and outdoor grills.

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Best Buy Said Its Sales Jumped 36% In The First Quarter

Plus, Nvidia delivered an earnings beat, Gap is teaming up with Walmart on a home goods line, and Acorns is going public via a SPAC merger. Stocks were higher at the open on Thursday with the Dow gaining 109 points, or 0.3%. The S&P 500 added 0.1%, while the Nasdaq rose less than 0.1%. Best […]

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Manufacturing
One Hot Stock

ProPhase Labs, Inc. (PRPH) Buy Price: $6.20 or better

Buy Price: $6.20 or better Sell Price: TradersPro Sell Signal ProPhase Labs, Inc. engages in the research, development, manufacture, distribution, marketing, and sale of over-the-counter (OTC) consumer healthcare products and dietary supplements in the United States. It offers a range of OTC dietary supplements, including Legendz XL for sexual health; Triple Edge XL, an energy […]

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TradersPro Saturday

Why Traders Say These 2 Laggard Stocks Could Soon Rally

The market saw solid gains in April, but not all stocks rose higher and traders say 2 of last months laggards could soon be on the rise. Here’s why.

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