(Bloomberg) — Federal Reserve Chair Jerome Powell said the central bank will keep raising interest rates to tame inflation following the steepest hike in almost three decades, though policy makers must be “nimble” as various shocks buffet the world’s largest economy. “We anticipate that ongoing rate increases will be appropriate,” Powell said Wednesday in his […]
Read More(Bloomberg) — Stocks in Europe fell along with US futures and commodities amid ever-louder warnings that Federal Reserve monetary tightening may lead to an economic downturn. The Stoxx Europe 600 Index retreated while contracts on the Nasdaq 100 extended declines to 2% and those on the S&P 500 also dropped, pointing to a reversal from […]
Read More(Bloomberg) — Oil sank as investors weighed escalating concerns that the US may be headed for a recession, while the Biden administration prepared to step up its fight against lofty pump prices by calling for a tax holiday on gasoline. West Texas Intermediate tumbled toward $104 a barrel, echoing last week’s retreat, with prices falling […]
Read More(Bloomberg) — Bitcoin resumed a fall on Wednesday, moving in tandem with weakening stocks amid mounting concerns about a global recession. The largest cryptocurrency declined as much as 2.9% to $20,244, holding right above the key $20,000 level. Ether fell by a maximum 3.3% to $1,084.80. Shiba Inu, the 14th-biggest cryptocurrency by market cap, rallied […]
Read More(Bloomberg) — As the first half of 2022 shapes up to be one of the worst on record for financial markets, retail investors have been boosting their bets on a further downturn in US equities. Metrics to gauge retail activity in the options markets, including small-lots trading and put buying, suggest that not only are […]
Read MoreRepublic Bancorp, Inc., a financial holding company, provides various banking products and services in the United States. It operates in five segments: Traditional Banking, Warehouse, Mortgage Banking, Tax Refund Solutions, and Republic Credit Solutions. RBCAA $46.4900 1.4300 % 3.1700 Republic Bancorp Inc Sector : Finance Industry : Banks – Southeast Signal Short Term Trend Long […]
Read MoreAlithya Group Inc. (ALYA) Alithya Group Inc. provides strategy and digital technology services in Canada, the United States, and Europe. The company’s business strategy services include strategic consulting, digital transformation, organizational performance, and enterprise architecture services. Chindata Group Holdings Limited (CD) Chindata Group Holdings Limited provides carrier-neutral hyper scale data center solutions in China, India, […]
Read MoreEquity Commonwealth (EQC) Equity Commonwealth (NYSE: EQC) is a Chicago based, internally managed and self-advised real estate investment trust (REIT) with commercial office properties in the United States. EQC’s same property portfolio is comprised of 4 properties and 1.5 million square feet. Syndax Pharmaceuticals, Inc. (SNDX) Syndax Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, develops therapies […]
Read MoreBuy Price: $66.80 or better Sell Price: TradersPro Sell Signal Daqo New Energy Corp., together with its subsidiaries, manufactures and sells polysilicon to photovoltaic product manufactures in the People’s Republic of China. Its products are used in ingots, wafers, cells, and modules for solar power solutions. The stocks founds in the One Hot Stock category use stocks […]
Read MoreNo matter whether you prefer to focus on short-term trading strategies that emphasize a stock’s current price momentum or longer-term methods focusing on fundamental strength and a stock’s value-based price, there are a myriad number of issues that come at you and demand attention. Some of those elements can be foreseen to a certain extent; […]
Read More(Bloomberg) — Equities have yet to fully price in the risk of a recession and may have further to fall, according to Morgan Stanley and Goldman Sachs Group Inc. strategists. Although this year’s slump in US stocks has left them more fairly priced, the S&P 500 Index needs to drop another 15-20% to about 3,000 […]
Read More(Bloomberg) — China’s chip industry is growing faster than anywhere else in the world, after US sanctions on local champions from Huawei Technologies Co. to Hikvision spurred appetite for home-grown components. Nineteen of the world’s 20 fastest-growing chip industry firms over the past four quarters, on average, hail from the world’s No. 2 economy, according […]
Read MoreChemoCentryx, Inc., a biopharmaceutical company, focuses on the development and commercialization of new medications for inflammatory disorders, autoimmune diseases, and cancer in the United States. It offers TAVNEOS (avacopan), an orally administered selective C5aR inhibitor for the treatment of adult patients with severe active anti-neutrophil cytoplasmic autoantibody-associated vasculitis. CCXI $25.4900 1.6000 % 6.7000 Chemocentryx Inc […]
Read MoreCarrols Restaurant Group, Inc. (TAST) Carrols Restaurant Group, Inc., through its subsidiaries, operates as a restaurant company in the United States. The company operates as a Burger King and Popeyes franchisee. As of January 2, 2022, it operated 1,026 Burger King restaurants located in 23 Northeastern, Midwestern, Southcentral, and Southeastern states; and 65 Popeyes restaurants […]
Read More(Bloomberg) — US house prices are likely to fall as mortgage rates exceeding 6% crimp affordability for the average buyer, according to Capital Economics. Property prices could contract an annual 5% by the middle of next year, Matthew Pointon, senior property economist, said in a research note Monday. He’d previously projected no change in values […]
Read More