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Storage vs demand—which will win? So far, it looks like it’s storage that will determine the direction for oil prices in the near term. Optimism that U.S. states coming out of...
The world’s largest ride-sharing company, Uber Technologies (NYSE:UBER) has produced an incredible rally since hitting the March lows. Shares of the San Francisco-based company are up about 140%...
Despite record US jobs lost, and unprecedented unemployment rate, equities rally Oil sees first back-to-back weekly gain in 11 weeks Contradictory and potential pattern failures project market out of...
Stock investors pinned their hopes on the US reopening and a quick recovery once the coronavirus pandemic is contained, driving US markets higher during last week's trade, ignoring bad economic data...
The lockdowns may be over, but not for orange juice.Already America’s favorite breakfast staple along with eggs, bread and ham, orange juice won new love from commodity investors through the...
After COVID-19 crushed investor sentiment in March, only a few stocks have been able to regain any of their past glory. Faux-meat maker, Beyond Meat (NASDAQ:BYND) is one of them. The stock has surged...
Bitcoin is rising for the third straight day. That's impressive considering the current lack of consistency among all asset classes.Perhaps even more impressive are the cryptocurrency's recent moves:...
The $2 handle—the all-season minimum for natural gas futures through most of the past decade—continues to be a slippery eel for the market this year.Even before the advent of the novel...
At a time when many top rated companies are slashing their dividends in order to survive the economic menace of the COVID-19 pandemic, investors who have their savings tied up in fixed income stocks...
US futures are on the rise at time of writing, promising another day of rallies for the underlying indices when Wall Street opens later on Wednesday. When this occurs, it would be the third straight...
States across the U.S. are beginning to gradually reopen businesses after sweeping lockdowns due to the coronavirus pandemic brought the economy to a virtual standstill.California Governor Gavin...
“Adding fuel to the fire.” We’ve all heard the phrase and used it at one time or another. Morgan Stanley, one of Wall Street’s most influential voices in energy trading,...
When a CEO thinks that his company’s share price is too high, that's a red flag that business fundamentals won’t be able to support the market's inflated valuation. In all likelihood,...
Shares of Canopy Growth (NYSE:CGC), (TSX:WEED) gained Monday after it received a vote of confidence from its biggest investor at the end of last week.Canopy stock jumped just over 3% last Friday, in...
The bell has sounded after the first round of the U.S. pandemic-turned-trade-fight with China. And the winner so far appears to be not presidents Donald Trump or Xi Jinping but Dr. Copper.The red...
The global oil industry is in the midst of a severe downturn, a result of the COVID-19 pandemic and its impact on national economies. In order to maintain corporate health, the world’s largest...
On Thursday, during the company's earnings call, Amazon (NASDAQ:AMZN) founder and CEO Jeff Bezos told shareholders to “take a seat” as he warned of the e-tailer's first quarterly loss in...