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Technology bulls were hammered on Monday as the sector's stocks were pressured by investor worries about rising yields and what that might signal regarding higher rates. The tech-heavy NASDAQ index...
October has started on a choppy note. Profit-taking, increasing yields and question marks regarding the future of the Chinese property giant Evergrande (HK:3333) (OTC:EGRNY) are putting pressure on...
Summary:Exxon shares have surged almost 50% this year, rebounding from a deep slump in 2020. Despite this rally, the majority of analysts don’t see much value in holding XOM stock over the long...
Shares of Hexo (NASDAQ:HEXO) (TSX:HEXO) continued to fall on Monday, losing almost another 5% on the day, closing at a 2021 low of $1.73 on the NASDAQ.Stock in the Canadian cannabis company have lost...
It’s already up about 60% or more on the year, and all indications are that it’s massively overbought and due to correct. Yet, like anything where its implied demand attracts more...
Right now, numerous investors looking to take advantage of growth opportunities presented by the global health crisis are changing their stock positions.Many are dumping Moderna (NASDAQ:MRNA)...
After a spectacular September, this morning, ahead of the OPEC+ monthly meeting, the price of oil fluctuated. WTI wavered between gains and losses but ultimately remained little changed.The cartel of...
Video-streaming giant, Netflix (NASDAQ:NFLX) is showing strength at a time when other growth-oriented stocks are faltering. This unusual move comes after months of under performance, prompted by...
Fears of stubborn, high inflation accelerate, amid slowing growth Gold fell despite risk-off sentiment and dollar weakness Oil slumped Key EventsRising fears of stagflation motivated investors to sell...
BRK.B stock is up over 30% in the past year, and saw a record high in May. Berkshire Hathaway stock shows the potential of long-term investing and magic of compound interest. Despite potential...
For market watchers, the perceived wisdom about September is legendary—it's often the worst month of the year. September 2021 fully lived up to that billing.Stocks must now still get through...
September brought increased volatility and lower share prices in broader equity markets. As a result, Wall Street has been keeping a close eye on the CBOE Volatility Index (VIX), also known as the...
Oil and gold are expected to see conflicting moves this week with crude markets likely to be soft until producers OPEC+ decide on new output quotas, while prices of the yellow metal could see some...
Poof! And suddenly they’re gone.Two members of the Federal Open Market Committee (FOMC) who were in good standing at the meeting less than two weeks ago won’t be taking part when the...
October is historically the most volatile month for markets, though broader Q4 often most profitable Q3 earnings from an array of US companies may pull the spotlight back to inflation Metrics released...
After experiencing some weakness during September, the US equity market faces October with lots of headwinds driving uncertainty—the COVID-19 pandemic continues to gum up global supply chains,...
Stocks on Wall Street closed higher on Friday, entering the final quarter of 2021 in a buoyant mood. However, the benchmark S&P 500 index still suffered its worst weekly decline since February,...