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In a volatile energy market, it doesn’t take much for the oil majors to lose their shine. ExxonMobil (NYSE:XOM), after surging 22% until late April, has lost almost all its gains for the year....
Data Remains NeutralAll of the indexes closed lower Tuesday with negative internals on the NYSE and NASDDAQ as trading volumes declined from the prior up session. All closed at or near their intraday...
Seems like you can’t go a week without reading about the retail apocalypse. I saw a recent headline that read, “75,000 Retail Stores Will Close by 2026.” That may very well happen....
Pre-Open market analysis The Emini sold off in a bear channel yesterday, but were unable to close the gap above Friday’s high. The selloff is more likely a pullback from last week’s rally...
S&P 500 is currently picking up from the 2890 region, where we think corrective wave iv of a bigger wave C impulse found a base. If that is the case, then be prepared for a new high in the next...
Summary: Home Depot (NYSE:HD) rose by 4% on Tuesday, after the company posted mixed earnings compared to Wall Street expectations. However, our view is that the stock will likely drop again soon to...
After selling off in the previous session, S&P futures are rebounding in early trade on Wednesday as investors await fresh clues on US monetary policy.With little in the way of economic data in...
Auris Medical Holding announced in July that the 50-subject AM-201 Phase Ib trial for olanzapine-induced weight gain and somnolence completed enrolment, with top-line data in five dose...
Asian markets trade mixed overnight after Wall Street ended lower. European and US futures are pointing to a cautiously higher start on the open. After a wild ride over the past 10-day investors are...
Albemarle (NYSE:ALB), this Dividend Champion, has increased its dividend for 25 consecutive years. The company is a specialty chemicals company, and as such, the world’s largest producer of...
Trump says the Fed need to be proactive and cut interest rates and they should cut by a minimum of a full percentage point over ‘a period of time’. He’d also love to...
Having endured the nonsensical rally Monday, I was pleased to see us sink again yesterday, because the broken trendlines are absolutely picture perfect in form. It’s because of these trendline...
Former Canopy Growth Corp (NYSE:CGC) CEO Bruce Linton announced today that he’s buying more shares of CGC, seeming to catch investors off guard once again.It does seem like an unorthodox move...
Stocks slipped on Tuesday as investors digested a sharp rebound from a strong sell-off last week. The Dow Jones Industrial Average traded 50 points lower, or 0.2%. The S&P 500 and Nasdaq Composite...
Daily Markets Broadcast August 21, 2019 The Wall Street rebound came to a halt yesterday after a three-day rally as lower yields pressured the financial sector. European shares slid after Italian PM...