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AT&T’s sinking stock shows that Wall Street remains hesitant about the company However, the new AT&T seems to be a less risky bet than the old directionless behemoth The telecom operator...
I have been bearish on Amazon (NASDAQ:AMZN) since March despite its solid fundamentals because of the technicals.I repeated that call in July, and then on August 1 I braved a short-term bullish call,...
Railroad strike could happen by Friday, crippling coal supplies Gas supply might get tighter on late summer heat/cooling demand; LNG in view too Gas prices could target next technical range of...
GE plans to split into three separate public companies over the next two years as part of its bid to unlock value The breakup represents a good buying opportunity now that the company has improved its...
Investors dumped Meta Platforms (NASDAQ:META) shares like they were infected with COVID yesterday. The stock plummeted 9.4% after the U.S. consumer-price index revealed that inflation spread beyond...
Concerns on accelerating inflation, rising interest rates, and a slowing economy Despite tough macro backdrop, some out-of-favor growth stocks staged recoveries Uber, Trade Desk, and Pinterest offer...
Palladium may be boxed in, going nowhere on economic uncertainty Hawkish Fed not making outlook any better for auto catalyst With appropriate demand, charts show palladium could target $2,394 After...
Eli Lilly stock is looking expensive following its substantial gains in recent years There are also some signs that sales are weakening due to the falling demand for COVID treatments and patent loss...
As the stars aligned, the euro climbed for the fourth day out of five to near a four-week high.Monetary Policy DecisionThe 25 members of the governing council of the European Central Bank (ECB)...
Fed virtually certain to raise policy rate by 75 basis points next week U.S. inflation cools as Fed actions dampen demand Europe faces energy shortage as UK mourns queen’s death Whatever...
The dollar hasn’t exactly crumbled over the past week though the retreat from its 20-year highs has been commendably consistent. There’s something else that has held admirably well for...
Signs that the powerful rally in oil stocks is fizzling out are beginning to emerge Despite some short-term headwinds, the world’s largest oil companies have become a much safer bet Oil...
The percentage of S&P 500 stocks trading above their 200-day moving average has reached a low 36% The benchmark stock index has been below its 200-day moving average for five months now—its...
Bitcoin is up for the sixth straight day in its longest winning streak since March 29, when it rose for eight consecutive days.Crypto trader, il Capo Of Crypto tweeted last week that while the price...
Traders trying to decide on right hedge ahead of Fed rate decision China’s COVID outbreak continues to throttle market confidence Bevy of consumer price index reports for August due this...
Dollar maintained perfect negative correlation with stocks Technology outperforms after underperforming, as market flips Extreme pessimism attracts contrarians Traders question whether rates are...
U.S. inflation data, retail sales to drive sentiment Roblox stock is a buy ahead of its investor day event Virgin Galactic set to struggle amid growing headwinds Stocks on Wall Street rallied on...