Oil futures set off on a positive start Monday as the first decline in U.S. oil-drilling activity since January gave the market a fresh tailwind after seven-consecutive sessions of price gains.
The drop in Baker Hughes weekly count, coming after a record 23-straight weeks of rising numbers of active rigs, helped stoke sentiment that shale producers may have hit a bottleneck amid prolonged....More>>>
Although shares of Alaska Air Group Inc. (NYSE:ALK) are up about 50% over the past 12 months, I think there’s still a great deal of value here. In my view, investors should strongly consider taking a position in this name. I’ll go through my reasoning below by highlighting some of the elements of the recent financial performance. I’ll also provide a model of my future price forecast....More>>>
Jimmy Buffett has restaurants, a line of beer, adventure vacations, casinos, clothing, resorts, radio and television assets as well as salad dressings, margarita salt and spicy frozen shrimp. Up next? Retirement communities.
It was just a matter of time until the man who built an empire on Margaritaville, a song about drinking too much and bumming around in a beach town, would figure out....More>>>
Timing the market is easily one of the most difficult parts of trading. In particular, calling the market bottom and knowing when to get in is usually something investors only know way after the fact. 24/7 Wall St. is looking back to when the S&P 500 bottomed back in March 2009 to see how some of the major blue chips have fared since then.
Back on March 6, 2009, the S&P 500 bottomed....More>>>
Energy storage is coming to closer to a reality for hundreds of thousands of residential energy customers, and we still don’t know how companies are going to sell it to them. A battery system could be purchased or leased, and a customer could make money off it through a revenue-sharing program, or some kind of service model that maximized its value to customers. If you look back to 2010, when....More>>>
November 30 2016: Markets opened higher again Wednesday as oil prices started the day trading up on expectations that OPEC would reach an agreement on cutting back oil production. The EIA’s inventory report also came out today but not many people even noticed. Energy sector stocks traded up 5% late in the afternoon and utilities led the laggards, down about 2.7%. WTI crude oil for January....More>>>
I started keeping an eye on the uranium market for a while now. The decade-long decline in prices has to end eventually, and a few months back, I started noticing some signs that we are close to a turnaround, which is something I mentioned in an article back in December. Looking at the latest spot price data, it seems that there is a chance that we may have seen a bottom in November.
Source: ThinkstockNovember 16, 2017: The S&P 500 closed up 0.8% at 2,585.67. The DJIA closed up 0.8% at 23,458.29. Separately, the Nasdaq was up 1.3% at 6,793.29.
Thursday was an incredible day for the U.S. broad markets, breaking a two day slide. Overall, this massive win was propelled even higher by the House passing its Tax bill. Crude oil couldnt make up its mind on the day and ultimately....More>>>
After four weeks without a single IPO, the US IPO market is back from its annual August pause. Four deals are on the IPO calendar to raise $690 million in the week ahead, including:
The first energy IPO in over a year, an MLP with a 7.5% annualized yield A VC-backed tech company (2016’s tech IPO class is up over +100% on average) A large Bermuda bank and wealth manager with....More>>>
Since the presidential elections in November 2016 we have observed strong impact on the financial markets. The equity markets have risen strongly (SPY +6.3%), especially the financial stocks have done well (XLF +18%). There have been numerous articles on the large US banks and their current financial position and their potential for the future. One group that is a bit overlooked....More>>>
On May 9, wireless technology giantQualcomm(NASDAQ:QCOM) announced a new stock repurchase program for $10 billion of the company's shares. This program, the company said, replaces a previous buyback authorization that had $1.2 billion remaining (so the net increase in Qualcomm's buyback firepower
Editor's Note: Options are a great way to "insure" your portfolio against sudden price drops. With Tom's strategy, you can make markets pay for that "insurance," cutting your risk even more. Here's Tom…
We've looked before at twoways to make money when interes
On a busy day for bank earnings, Citigroup (NYSE:C) was one of three big U.S. banks to report results, and despite an earnings beat, the report wasn't great. While the bank's efficiency was strong and loans and deposits grew, the bank missed expectations in several key areas, including trading r
Headlines about Aldeyra Therapeutics (NASDAQ:ALDX) have trended somewhat positive on Saturday, Accern Sentiment reports. Accern identifies negative and positive press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies
One is known as one of the first online brokers, and the other is famous for pioneering index funds, but they both help millions of people save for retirement with IRAs. In this article, we'll compare E*Trade's and Vanguard'sIRA accounts, based on factors like commissions, account fees, and inves