Natural Gas futures hit twenty-five-year lows Producers are on the edge The 2020 Election- Energy Independence with government ownership or idle production? Long before the price of oil fell to its lowest level since 2002 or natural gas to its low since way back in 1995, the shares of producing companies in the oil and
After a week of stunning volatility, traders can only hope for a sense of direction in the Dow Jones Industrial Average and other major market indexes. The coronavirus from China will undoubtedly remain top-of-mind for traders and non-traders alike. Source: Shutterstock Monday’s big stock charts suggest an easing of selling pressure and a decline in trading
Initially starting out as a global health scare, the coronavirus from China has rapidly devolved into an existential economic threat. Perhaps no other industry best demonstrates this than the fallout in the airliner industry. In particular, Southwest Airlines (NYSE:LUV), despite having a relatively strong financial backing, has suffered badly. Even with a surge in momentum
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Mike Wilson, Chief U.S. Equity Strategist and Chief Investment Officer at Morgan Stanley. Adam Jeffery | CNBC Investors should be taking advantage of the market’s steep coronavirus-driven sell-off from February highs, Morgan Stanley‘s Mike Wilson told CNBC on Thursday. “We’ve been scaling back into stocks over the last two, three or four weeks. We’re not
Take a look at some of the biggest movers in the premarket: Johnson & Johnson (JNJ) – The company announced it has identified a lead COVID-19 vaccine candidate, and plans to begin phase 1 clinical trials by September at the latest. Its intention is to have the first batches of vaccine available for emergency use
Dollar Tree (NASDAQ:DLTR) recently touched a closing low of $65.57. However, with a broad market rally, DLTR stock has quickly moved higher by 19.2% and currently trades at $78.14. I believe that upside can sustain for the stock in the foreseeable future. Source: digitalreflections / Shutterstock.com I want to mention at the onset that the
SPY: Why Shutting Down the Stock Market Is a Very Bad Idea SPY – Today’s featured article covers the S&P 500 (SPY) and why shutting down the stock market is a very bad idea. Continue reading to see what could be ahead for the stock market. Get Free Updates When you see a chart like
In a sign that markets can and do anticipate bad news, sometimes efficiently baking it in before it becomes official, stocks soared again Thursday even as jobless claims across the U.S. swelled to 3.28 million last week, or quadruple the prior record. Source: Provided by FInviz The S&P 500 advanced 6.24% The Dow Jones Industrial
The sudden collapse in the price of oil will hurt natural gas exploration firms the most. Chesapeake Energy (NYSE:CHK) stock is especially vulnerable. The firm has an unsustainable debt load and cannot service the interest payments with energy prices falling. Source: Novikov Aleksey / Shutterstock.com CHK stock tried to hold the 50 cent support line
Morgan Stanley CEO James Gorman told his employees that despite the upheaval caused by the coronavirus pandemic, their jobs will be secure through this year. “I am sure some, if not many, of you are worried about your jobs,” Gorman said Thursday in a staff memo. “While long term we can’t be sure how this
The Cboe Volatility Index (VIX), has become one of the most widely watched indicators of market sentiment in the world. In theory, it works on a simple principle: It is a measure of the stock market’s expectation of volatility over the following 30 days based on near-term S&P 500 index options, both puts and calls.
A worker leaves the Boeing 737 factory on December 16, 2019 in Renton, Washington. Stephen Brashear | Getty Images Check out the companies making headlines in midday trading. Boeing — Shares of Boeing jumped nearly 32% after the Senate and White House agreed to a $2 trillion stimulus bill that should prove to be a windfall for
Micron Technologies (NASDAQ:MU) stock is proof there is life after the coronavirus from China. Source: Charles Knowles / Shutterstock.com The memory chip maker surprised analysts by earning $405 million, 36 cents per share, on revenue of $4.8 billion for the quarter ending in February. This coincided with the heart of the pandemic in China and
HD: Top 4 Home Improvement Stocks with Stimulus Checks on the Way HD – Stay & Home + Stimulus Checks = Check out top home improvement stocks like HD, LOW, FND & SHW. Read on for more… Get Free Updates Take a moment to consider what people have been doing the past couple weeks. The
Tonight on Sunday Night Stock Charts Live we discuss if it is time to buy the gold mining stocks. Will these stocks diverge from the S&P 500 as they did during the financial crisis? ✅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 ✅14 Day
After a rapid rebound this week, the stock market took a break, dipping several percent for the bulk of Friday’s session. Let’s look at a few top stock trades for Monday. Top Stock Trades for Tomorrow No. 1: Alphabet (GOOG, GOOGL) Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG) has been climbing back from the depths, along with the rest
Both the supply and demand sides of the equation spell trouble for Big Oil today. Holders of BP (NYSE:BP) stock have suffered staggering losses amid the energy-sector rout. Some audacious traders might wonder if this is the time to grab some cheap shares and hope for the best. Source: FotograFFF / Shutterstock.com That’s an ill-advised
Dell CEO Michael Dell Getty Images Executives are loading up on their company shares as the coronavirus-driven sell-off dents the broader market, signalling the heads of U.S. businesses are confident their companies will rebound. The heads of Dell Technologies and Wells Fargo are purchasing shares while outsiders ditch riskier assets, sucking trillions in value from
Job seekers stand in line at the employment help center in Miami, Florida. Getty Images About 1 million to 4 million people may have filed for unemployment benefits last week, the largest number ever in such a short time. The filings figure, which will be released Thursday before U.S. markets open, will be the first