Month: July 2020

The market expected an injection of 44 bcf for the week ending on July 10 The third consecutive week of falling injections Natural gas sits at the middle of its recent trading range  Since June 25, August natural gas futures contract’s trading range has been from $1.517 to $1.924. At the $1.75 per MMBtu level
0 Comments
With novel coronavirus lockdowns easing, Activision Blizzard’s (NASDAQ:ATVI) second- and third-quarter growth may disappoint some investors. As a result, Activision Blizzard stock could retreat meaningfully following its second-quarter results. Source: Lauren Elisabeth / Shutterstock.com Activision is due to report its Q2 results on Aug. 4. Activision Rallied Amid Widespread Bullishness The market seems to be
0 Comments
In our live stream Swing Trading Today we answer the question of if the stock market is cheap? We will do some Technical Analysis to determine resistance levels on the stock charts. ✅Get Notified 15 Minutes To US Going Live Via Eamil (No Spam Pledge) https://thecontrariantrader.com/15-minute-live-stream-alert/ ✅Bob’s 5 Most Powerful Video Tutorial – Free http://bit.ly/2IpRUPU
0 Comments
David Solomon, CEO, Goldman Sachs, speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020. Adam Galacia | CNBC Goldman Sachs is scheduled to report second-quarter earnings before the opening bell Wednesday. Here’s what Wall Street expects: Earnings: $3.78 per share, a 35% decline from a year earlier, according to Refinitiv. Revenue: $9.75
0 Comments
The Norwegian Cruise Line Norwegian Bliss cruise ship passes through John Hopkins Inlet in Glacier Bay, Alaska, July 11, 2019. Tim Rue | Bloomberg | Getty Images Check out the companies making headlines after the bell:  Moderna — Shares of Moderna whipsawed in extended trading after rising nearly 7% earlier Wednesday. The stock has been on
0 Comments
For anyone that has lived through the Great Recession – or watched the film The Big Short – the words leverage and mortgages in combination tends to at least raise eyebrows, if not send involuntary shudders. And sure enough, MFA Financial (NYSE:MFA), which specializes in leveraged mortgage-backed securities, has been one of the worst-hit companies
0 Comments
On a day when JPMorgan (NYSE:JPM) reported blowout second quarter earnings and Wells Fargo (NYSE:WFC) reported dismal second quarter numbers, Citigroup (NYSE:C) split the difference and reported mixed numbers that were still broadly good enough to warrant buying Citigroup stock to play a second-half of 2020 U.S. economic recovery. Source: TungCheung / Shutterstock.com Big picture,
0 Comments
DocuSign (NASDAQ:DOCU) stock has been on fire in 2020 amid surging demand for digital contract management solutions, with DocuSign up more than 160% year-to-date. Source: Sundry Photography / Shutterstock.com Wall Street’s love affair with this work from home favorite, however, is overdone. DocuSign is a great company. But DOCU stock is significantly overvalued at current
0 Comments