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Investors await short-term direction from Fed Big macro risks call for caution long-term Long-term bearish trend vs. shorter-term bullish trend After ending a streak of five consecutive negative...
Focus is likely to shift from the pace of rate hikes to their destination at the upcoming Fed meeting Currently, the market is pricing a significant amount of rate cuts in 2023. This may come at odds...
Thursday’s $4 swing in crude prices may be the new normal in oil Worries of Europe in recession, overtightening by central banks add to jitters Price cap may be enforceable so long as crude...
Broadcom reports Q4 earnings today after market close The stock has surged 20% from its October lows However, since reaching the top of its falling channel earlier this month, AVGO has been correcting...
The IEA says renewables will “become the largest source of global electricity generation by early 2025” However, the latest market numbers indicate otherwise Renewables are not likely to...
Gas prices are up 5% after near 25% plunge over five days Gas storage is not very different from end-2021 levels Dry gas output has reached all-time highs of 102 billion cubic feet per...
Professional strategists have issued their 2023 S&P 500 year-end targets, and the consensus is dour With the SPX trading near 18-time next year’s EPS forecast, it is hard to call U.S. large...
Silver advanced four days in a row on expectations and follow-through of a softening Federal Reserve after Fed Chair Jerome Powell signaled his bank would slow the pace of tightening. Silver and the...