Stocks left behind as the COVID-19 pandemic forced the economy into a virtual shutdown are showing signs of life. That’s justifiable, but investors should look before they rotate into the most beaten-down sectors. “Often times, the greatest bargains will...
All eyes will be on the June jobs report when it is released Friday morning as investors look for clues about the labor market's health in the face of higher interest rates and sticky inflation. The Labor...
It’s been a stunning display of bullishness as markets blasted off from the March lows and kept rising. Have we reached a level that might be described as excessively optimistic? Here are 3 indicators to consider. The put/call ratio...
Some marijuana stocks are hot. And some are not. HEXO (NYSEMKT:HEXO) definitely falls into the former category. Its shares have more than doubled so far this year. MariMed (NASDAQOTH:MRMD), on the other hand, isn’t so hot in 2019. Although...
Asia-Pacific markets fell on Friday as investors assessed Japan’s July inflation data and fresh blows to China’s real estate sector. Japan’s core inflation rate fell to 3.1%, down from 3.3% in June. Headline inflation remained at 3.3%.
Even though WTI crude just saw its worst week in more than two months, the oil trade may have more juice left in the tank. Mirae Asset Securities’ Chris Hempstead told CNBC’s “ETF Edge” that he sees the Russia-Ukraine war fallout and OPEC+ oil cuts as key bullish catalysts for...
Bitcoin speculators have disappeared from the market and their mood “destroyed,” says popular analyst Philip Swift. In a tweet on Dec. 14, the co-founder of trading suite DecenTrader flagged potential maximum risk returns for BTC at current prices. Swift: “Euphoria destroyed” from Bitcoin bear market BTC/USD is around 70% below its last all-time highs,...
Ripple CEO Brad Garlinghouse shaded U.S. Securities and Exchange Commission Chairman Gary Gensler on social media. In his reply to a 2018 video, in which the SEC boss mentions the company’s key talking point about the need for regulatory...
The S&P 500 and the Dow indexes ended higher on Monday amid a largely upbeat earnings season, while the Nasdaq came under pressure from declines in some high-flying growth stocks, as the rotation into cyclical and “economy reopening” stocks continued.
Oil registered heavy losses Tuesday, building on Monday’s decline, as myriad factors weighed on sentiment, including talks between Russia and Ukraine, a potential slowdown in Chinese demand and unwinding of trades ahead of the Federal Reserve’s expected rate hike on Wednesday. Both West Texas Intermediate crude, the U.S. oil benchmark,...
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