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Henry Hub’s front-month trades decisively below $6 vs. late August high of $10 More pain for gas longs as heating demand lower than year-ago bearish levels US utilities likely added a...
The S&P 500 finished the day lower yesterday by around 70 bps, despite being up more than 1% in the overnight trading session. The gains evaporated as the dollar surged and rates rose sharply. The...
Scores of commentators have been trying to persuade the investing public that stocks are “on sale.” After all, the S&P 500 is roughly 23% lower than it was at the start of 2022. Might...
The Grandaddy Russell 2000 rallied close to its 200-week moving average on Wednesday. In a bullish scenario, IWM continues to consolidate and rally in the coming days and weeks, eventually breaking...
US equities were weaker Wednesday, with the S&P 500 down 0.7% on mixed earnings reports. US 10-year yields up 12bps to 4.13%. UK gilts rallied slightly, even as UK home secretary Suella Braverman...
Reports Q3 2022 results on Friday, Oct. 21, before the open Revenue Expectation: $7.1B; EPS Expectation: $0.55 Schlumberger is on track to post its largest annual sales since pre-pandemic days Oil and...
Groupthink is a psychological phenomenon that occurs within a group of people and leads to irrational or dysfunctional decision-making Those who bought NFLX last year are still far from recovering...
Two and a half months ago, I wrote why AMD may be about to crash. I made the argument that weak guidance will overshadow strong fundamentals.Sure enough, the company's valuation has plunged since....