Take a look at some of the biggest movers in the premarket: Procter & Gamble (PG) – The consumer products giant earned $1.17 per share for its latest quarter, beating consensus estimates by 4 cents a share. Revenue came in below analysts’ projections. Organic sales were up 6% during the quarter thanks in large part
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With OPEC+ agreeing to terms on a production cut, does that make BP plc (NYSE:BP) a buy? Shares have been hammered, as have most energy names, with BP stock still down 38.6% from its 2020 highs. Source: FotograFFF / Shutterstock.com From peak to trough, BP fell more than 60%. Investors were dumping everything in the
It’s been a strong start to the year for gold (GLD) as the metal was briefly derailed during the mid-March panic lows. However, gold has since recouped all its losses and is attempting to take out the $1,800/oz level. Unfortunately, for those hiding out in silver (SLV) that were hoping the metal might provide a
Here is what investors need to know before investing in Oil ETFs. (USO, DBO, USL)
It was a back and forth session on Thursday, with little progress made in either direction. With that in mind, here’s a look at a few top stock trades for Friday. Top Stock Trades for Tomorrow No. 1: Morgan Stanley (MS) Like most of the bank stocks, Morgan Stanley (NYSE:MS) is struggling to rally after
On Feb. 13, I warned investors holding Aurora Cannabis (NYSE: ACB) stock there could be more pain ahead. Since then, the stock is down another 49.6% to trade under 75 cents. Source: Jarretera / Shutterstock.com This week, Aurora announced a new $350 million equity facility and a 12-to-1 reverse stock split. Aurora stock has tremendous
While Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) has rallied nicely — along with the other mega tech operators like Apple (NASDAQ:AAPL) and Microsoft (NASDAQ:MSFT) — the shares are still about 18% off their highs. It was back in March that GOOG stock was at $1,532. Now it’s at $1,249, putting the market capitalization at $857 billion. Then again,
SpaceX CEO Elon Musk speaks at a press conference where he announced the Japanese billionaire chosen by the company to fly around the moon, on September 17, 2018 in Hawthorne, California. Mario Tama | Getty Images SpaceX is launching more often than any other country or company and CEO Elon Musk touted low insurance costs as proof
An Uber Eats food delivery courier closes a bag with an order during a lockdown, imposed to prevent the spread of coronavirus disease (COVID-19), in central Kiev, Ukraine April 2, 2020. Valentyn Ogirenko | Reuters Check out the companies making headlines after the bell. Gilead Sciences — The pharmaceutical company’s stock surged 13% in extended trading
BP (NYSE:BP) stock has been hit pretty hard in the past year. It is down 45% from the 52-week peak. In the past month, though, the stock has actually risen 34% from its low on March 18. Right now BP stock has a very attractive dividend yield of more than 10%. But will this last?
The market expected an injection of 45 bcf Natural gas sits below the $1.60 per MMBtu level The potential for a lower low rise In November 2019, the price of natural gas reached a seasonal high of $2.905 per MMBtu, substantially below the peak from November 2018 when the energy commodity climbed to $4.929 per
After a day of hope and euphoria, the risk-off trade came back into the spotlight on Wednesday. Much of this stemmed from reports of worrisome economic data. Perhaps the big stock charts can provide a glimmer of hope for battered and bruised investors. Source: Shutterstock First of all, U.S. retail sales declined by 8.7% during
Alternative-meat producer Beyond Meat (NASDAQ:BYND) has never been a consistent market entity in its short life. Therefore, it wasn’t particularly surprising when BYND stock jumped substantially higher in the early weeks of 2020. With the underlying company’s fake meat products finding significant momentum at fast-food eateries, the signs were initially positive. Source: Shutterstock That is
Over the years, Advanced Micro Devices (NASDAQ:AMD) has garnered plenty of criticism. I think that’s as there were many who missed the boat on AMD stock, as shares went from sub-$2 four years ago to a current price north of $50. Source: Fabio Alcini / Shutterstock.com If investors did nothing else but catch this stock
Amazon’s dominance has been solidified during the coronavirus pandemic, but the consequences of that are complicated, CNBC’s Jim Cramer said Thursday. “Amazon is either the Grim Reaper for everyone or the greatest thing that’s ever happened to the American consumer. Or maybe both,” Cramer said on “Squawk on the Street.” “Has Amazon not become a country
Take a look at some of the biggest movers in the premarket: Morgan Stanley (MS) – Morgan Stanley posted quarterly earnings of $1.01 per share, below the consensus estimate of $1.14 a share. Revenue also came in below estimates. CEO James Gorman said the company navigated the quarter well in the face of the Covid-19
With Ford (NYSE:F) not paying a dividend and facing plenty of uncertainty, many investors are wondering why they should consider buying F stock. The shares are still down 46% this year, as the automaker desperately attempts to work through this tough economic patch. Source: Vitaliy Karimov / Shutterstock.com Unfortunately, automotive stocks never really recovered from
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Tonight on Sunday Night Stock Charts Live we discuss if the stock market will continue to breakdown or will it breakout. We will review the stock charts of the futures price actions and perform technical analysis. ✅15 Minute Live-Stream Alert List! (we hate spam too) https://thecontrariantrader.com/15-minute-live-stream-alert/ ✅Bob’s 5 Most Powerful Video Tutorial – Free http://bit.ly/2IpRUPU
Stocks slipped in the opening minutes of Wednesday trading, but clawed back some of those losses by the close. With that in mind, let’s look at a few top stock trades for Thursday. Top Stock Trades for Tomorrow No. 1: Goldman Sachs (GS) Goldman Sachs (NYSE:GS) is one of the few bank stocks rallying after