Marathon Oil (MRO) looks like it is “off to the races” again as it has surged sharply higher in recent days. Let’s check the charts and indicators to see if we need to jump in now or...
Tag: Stock
Stock Recoveries Can Take Years
(Bloomberg) — Around Columbus Day, 1979, Paul Volcker, newly installed as head of the Federal Reserve, embarked on the crusade that made him a legend: a no-holds-barred campaign to beat back inf...
Stock market news live updates: October 5, 2022
U.S. stocks were set to fall at Wednesday’s open as Wall Street took a breather from a sharp two-day rally that lifted the major averages above 2022 lows seen last week. Futures on the S&P 500, Do...
5 reasons why the stock market roared back
It has been a rip-your-face off rally in the stock market to kick off the final quarter of the year, much to the surprise of the bears who ruled the roost in September and third quarter. At a 5% gain ...
Gilead stock price ‘does not’ reflect its oncology business: Analyst
Gilead Sciences Inc (NASDAQ: GILD) ended in the green on Tuesday after a JPMorgan analyst turned bullish on the biopharmaceutical company. Gilead stock should be worth $80 a share Chriss Schott now ra...
Sorry, This Bear Market Is Probably Only Two-Thirds Over
Stocks rallied sharply Monday and Tuesday and a number of Real Money subscribers emailed me asking whether it was time to move back into stocks. The question is understandable as I have been recommend...
Is Chevron stock now a good buy after the latest gains?
Chevron Corporation (NYSE:CVX) buyers have defended the $138 support. The stock is once again proving resilience, posting more than 10% gains in just five days. That comes after reports that OPEC+ wer...
How To Spot A Relief Rally In Stocks And Stock Markets
stock trading with bull and bear getty After stocks sell off and make a new low, some buyers come back in and provide support for a few days, sometimes a few weeks. That’s a relief rally and it’s usua...
Boeing stock could rise 90%, analyst argues
Boeing stock (BA) has been like a wounded bird this year amid recession fears, but an analyst at CFRA argues that it could be poised for liftoff. Shares of the airplane manufacturer have tanked 34% ye...
Bitcoin Beats Stock Performance, Return Of Digital Gold?
Ever since losing around 80% of its value from its all-time high, Bitcoin has been questioned as a store of value and a digital equal to gold. The digital currency still records the best performance f...
Ford’s EV Sales Nearly Tripled in September. The Stock Is Surging.
Ford Motor sales fell 9% in September but electric-vehicle sales almost tripled with the auto maker’s F-150 Lightning remaining the best-selling EV pickup truck in the U.S. The automaker said total ...
Cathie Wood’s Ark Splurged On $32 Million In Tesla Shares During $70 Billion Stock Plunge
Topline Cathie Wood’s Ark Invest splurged on shares of Tesla on Monday as shares of the electric vehicle-maker helmed by Elon Musk tumbled to their lowest level in 11 weeks—doubling down on a lofty in...
ENPH Stock: Riding The Wave In Solar Energy
Enphase Energy Inc Enphase Energy Inc ENPH $9.14 3.29% 19% IBD Stock Analysis Enphase has held most of its recent gains in current consolidation Stock not actionable today but worth watching Aggressiv...
Should you buy Vodafone stock amid M&A talk?
Vodafone (LON: VOD) share price made a strong comeback as the market reflected on the blockbuster merger proposal by the firm. The stock rose by more than 3% on Tuesday and reached a high of 108p. Thi...
Rivian (RIVN) stock jumps on meeting delivery goals
Rivian Automotive (NASDAQ: RIVN) stock gained in after-hours trading after the firm announced it managed to produce 7,363 vehicles in Q3, a 67.3% sequential increase, while also delivering 6,584 vehic...
Cathie Wood Scoops Up Tesla as Stock Tumbles on Deliveries Miss
(Bloomberg) — Cathie Wood bought Tesla Inc. shares as they plunged the most in four months after the electric carmaker’s third-quarter deliveries missed expectations. Most Read from Bloomberg Fu...
A crumbling stock market could create profitable opportunities for Bitcoin traders
Some of the biggest companies in the world are expected to report their 2Q earnings in October, including electric automaker Tesla on Oct. 18, tech giants Meta and Microsoft on Oct. 24, Apple and Amaz...
Dow Jones Surges 765 Points To Start New Stock Market Rally Attempt, What To Do Now
Dow Jones futures were higher ahead of Tuesday’s open. A new stock market rally attempt started Monday, as the Dow Jones Industrial Average surged 765 points. X Stock Market Today On Monday, the...
Buffett’s Likely Successor Buys $68 Million of Berkshire Stock
Berkshire Hathaway Vice Chairman Greg Abel, the likely successor to CEO Warren Buffett, bought about $68 million of the company’s shares last Thursday in what appears to be his first purchases of Berk...
Why stock market investors should be bullish despite recent volatility, according to a strategist
You wouldn’t guess it by the direction of stocks in the third quarter, but there are a few emerging reasons to begin nibbling at the beat-up market, according to one pro. “Oversold is one ...
Quant Explains How US Stock Market Volumes Influence Bitcoin Price
A quant has explained how there is a connection between the recent trends in the US stock market volumes and the Bitcoin price. TradFi Depth Oscillator Has Hit A Low And Is Now Turning Back Up As expl...
Opinion: Stock markets will drop another 40% as a severe stagflationary debt crisis hits an overleveraged global economy
NEW YORK (Project Syndicate)—For a year now, I have argued that the increase in inflation would be persistent, that its causes include not only bad policies but also negative supply shocks, and that c...
Jim Cramer says Apple is still the ‘greatest stock of all time’
CNBC’s Jim Cramer on Monday said that investors should ignore negative calls about Apple and hold onto their shares of the company. “The next time you hear this Apple mishegoss, you need t...
Stock Market Gains After Mixed Manufacturing Reports, War In Ukraine Escalates
The stock market gained on Monday after mixed manufacturing data for September. OPEC+ may cut oil production as the war in Ukraine showed no signs of easing. Oil giants Chevron (CVX) and Exxon-Mobil (...
Tesla Q3 2022 Deliveries Stand at 343,000 Vehicles, TSLA Stock Down 6%
Tesla missed the delivery estimates just by a whisker but it has impacted the stock price in early trading hours on Monday. The electric carmaker and automobile giant Tesla reported the sales numbers ...
Roblox stock could lose another 45% from here: MoffettNathanson
Roblox Corp (NYSE: RBLX) is already down close to 60% for the year but a MoffettNathanson analyst warns there’s way more downside that’s yet to materialise. Roblox stock could crash to $19 On Monday, ...
Is Credit Suisse the 2022 Lehman Brothers?
The nightmare resurfaces. The visions of red screens in panicking trading rooms return. And the September 2008 images and photos of Lehman Brothers employees leaving the New York headquarters with box...
This stock market strategist says the coming recession could be the biggest ever. ‘I recommend prayer.’
Keith McCullough, founder and CEO of Hedgeye Risk Management, isn’t one to mince words about financial markets, the Federal Reserve or the economy. Right now he has a few less-than-charitable things t...