A lot of talk right now is starting to turn back, once again to how long the latest bullish rally in the major market indices is going to keep going. As of this writing, the S&P 500 is pushing near its highest point in June and appears set to break to a fresh high, the […]
Read MorePlus, coronavirus cases surpassed 10 million globally and 2.5 million in the U.S., Chesapeake Energy filed for bankruptcy, and Beyond Meat shares are down after a double downgrade.
Read MoreAs an analyst, I take a lot of interest in trying to find reasons the market stages some of the moves it makes. The factors, geopolitical, economic, or emotional, that drives trends over any time period can be widely varied, and sometimes it’s interesting to see not only what is influencing the market today, but […]
Read MoreWhen it comes to identifying stocks that might make useful investments, there are as many strategies as there are people. You can break these strategies into any different number of categories. I like to differentiate between strategies by thinking first about the amount of time I might actually plan to hold the stock in question; […]
Read MoreAs economies throughout the world begin to reopen on a gradual basis, economic reports are starting to come in reflecting the very real, and very dramatic impact that COVID-19 and global shutdowns have had on corporate operations. While that impact is very surprising at all, I do think that as investors look for constructive places […]
Read MoreHaving a contrarian temperament generally means doing the opposite of what most people would do. It’s a mindset that I’ve found very useful as an investor, because while most people tend to flock to stocks that are at or near all-time highs, I’m able to find excellent long-term opportunities at much lower, bargain-level prices. It’s […]
Read MoreOver the last month and a half, the market has rebounded pretty strongly off of its bear market lows. Just as the slide that started in February as nations across the globe began imposing economic shutdowns and shelter-in-place orders to slow the COVID-19 infection rate affected just about every sector of the economy, so to […]
Read More2020 has been a rough year for energy stocks. Even before COVID-19 became a global health crisis, the sector was rocked by an all-out price war between Russia and Saudi Arabia. At the beginning of the year, Brent crude – the benchmark for oil exported from OPEC and OPEC+ countries – was around $70 per […]
Read MorePlus, oil extended its rally, Target is seeing a doubling of online orders but warned that its expenses have gone up, Domino’s reported a 4.4% increase in sales, and Eli Lilly reported a 15% rise in revenues.
Read MorePlus, oil rebounded, the Senate passed the $484 billion supplemental coronavirus relief package, Delta reported its first quarterly loss in five years, and Chipotle said its digital sales more than doubled in Q1.
Read MorePlus, oil fell back into negative territory this morning, Trump pledged aid for struggling oil and gas companies, Coca-Cola said its global volumes have plunged 25% so far this month, and Starbucks is adding Beyond Meat products to its menu in China.
Read MorePlus, lawmakers are nearing an agreement on additional funding for the small business aid program, Shake Shack said it will be returning the $10 million federal loan it’s set to receive to provide more needed funding to independent restaurants, and United Airlines said it recorded a $2.1 billion loss in Q1.
Read MorePlus, 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.
Read MoreFear is increasing on a global basis that the outbreak of coronavirus is even worse than most think this week On Tuesday, the Centers for Disease Control (CDC) not only acknowledged that the virus will spread to the United States, but also that Americans should prepare for a “major disruption” as a result. That news […]
Read MoreOver the years, I’ve learned to pay attention to the Energy sector as a way to measure a number of different aspects of the global economy. One of the those elements that is very interesting is the difference between U.S. oil production versus the rest of the world. The financial markets use futures contracts on […]
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