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Federal Reserve Chair Jerome Powell is not an economist and his plain-speaking policy steers him away from “on the one hand-on the other hand” dichotomies, but his recent messaging has...
Reports Q1 2020 results on Thursday, May 21, after the close Revenue expectation: $2.97 billion EPS expectation: $1.66 A strong and impressive rally in NVIDIA (NASDAQ:NVDA) shares during the current...
Home Depot's Q1 2020 earnings release on Tuesday before the open wasn't straightforward. The home improvement retailer's results beat on revenue and same-store expectations, but they disappointed on...
Optimism over Moderna’s vaccine is looking premature Investors faced with conflicting themes: a persistent pandemic vs hopes for recovery amid reopening economies Key EventsUS futures for the...
News on progress in developing a potential COVID-19 vaccine has had a powerful influence on volatile market sentiment as of late.With more than 100 vaccines currently in various stages of development...
A month ago, almost every investor we knew was souring on oil. Ethanol, the bioefuel mandated as additive to motor fuels in many countries, was even further from everyone’s mind. Now, with...
A trio of market drivers lined up yesterday, to produce the biggest advance for equities in six weeks. The Dow Jones Industrial Average rose over 900 points and gained almost 4%.The three catalysts: a...
Aurora Cannabis (NYSE:ACB), (TSX:ACB) caught investors’ attention late last week when it posted its latest quarterly earnings, which highlighted an unexpected jump in revenues.The news triggered...
US futures wobble, European shares fall after yesterday’s aggressive risk-on Oil shows signs of a pullback Key EventsUS futures for the Dow Jones, S&P 500, NASDAQ and Russell 2000 faltered...
During the current COVID-19 lockdowns, Netflix (NASDAQ:NFLX) has been one of the ultimate pandemic beneficiaries, as global, stay-at-home restrictions have boosted the need for safe, indoor...
To know if something is worthy of the expectation built around it, we’d just say: “the proof of the pudding is in the eating.” In the context of the crude oil rally, the proof will...
Gold jumped to a seven-and-half year high on Friday, after the Fed warned investors that stocks may drop if the coronavirus pandemic gets worse.Then, on Sunday, the central bank chief, Jerome Powell...
Much of California will be open for business today, increasing demand for risk assets Markets may be overly optimistic, pricing in a recovery even when data is still dire Commodities, commodity stocks...
WTI bulls are barreling for oil in the high $30s. So are shale drillers—and that could be a problem for what has been a stupendous rally in crude so far.With less than 48 hours to expiry, the...
As the coronavirus pandemic wreaks havoc on markets and economies, the U.S.'s largest retailers are struggling. This week, investors will get a chance to see how badly sales have been hurt as they...
Oil price propelled stocks higher on Friday Friday also saw worst US retail and factory data to date Trump moves to block vital component shipments to China's Huawei Oil surged on Friday, jumping 6.8%...
U.S. stocks are struggling to continue their upward march after a major comeback since the March lows, amid increasing risks to this fragile rally.With ongoing economic uncertainty now and into the...