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Don't chase the rally in stocks because a recession is coming and current earnings estimates are too high, a wells fargo strategist says

Wells Fargo isn't in favor of chasing the rally in US stocks, and is looking to fade the year-to-date g...

June 14, 2023, 6:53 am

Explainer: why are other automakers chasing tesla's 'gigacasting'?

Toyota Motor said this week it will adopt a technology Tesla pioneered known as "Gigacasting" as part of a strategy by the Japanese automaker to impro...

June 14, 2023, 3:25 am

Nzdusd technical analysis

The recent beat in the non-farm payrolls (NFP) data, followed by concerning factors like a higher unemployment rate and fewer average weekly hours, ha...

June 13, 2023, 11:13 am

Usdcad technical analysis - at a key support

The recent positive surprise in the non-farm payrolls (NFP) data, followed by concerning factors such as a higher unemployment rate and reduced averag...

June 13, 2023, 9:01 am

Old republic international remains attractive, in spite of trading near its all-time high

ORI has outperformed the S&P 500 by an impressive margin (total return of +42% vs. +10%) since I recommended pur...

June 12, 2023, 2:53 pm

Usd/cad takes a look below key trendline support to start the week

The pair has heavily respected the key trendline support (white line) from the November and early February lows over the past few months. But sellers ...

June 12, 2023, 10:49 am

Ubs is looking for a lower usd

The US dollar view from UBS is via its equity analyst folks, saying that they'd rather look for overseas growth to fund equity valuations, with a lowe...

June 11, 2023, 10:38 pm

Google: bing fears mask explosive upside ahead

Alphabet continues to show resilient revenue growth and robust margins. Google Cloud generated a surprise profit and remains unrepresented by the stoc...

June 11, 2023, 9:32 am

General electric has become an all-star industrial powerhouse again

General Electric has made a strong comeback with successful spin-offs, debt reduction, and progress in aerospace and renewables, positioning itself to...

June 10, 2023, 10:08 pm

Sret came into 2023 chasing yields and buying mortgage reits

SRET came into 2023 chasing yields and buying mortgage REITs. And it is all out of mortgage REITs. So n...

June 9, 2023, 9:30 am

Why microvision stock is skyrocketing again this week

MicroVision stock has seen explosive gains thanks to a short squeeze. chasing profits on a continued ra...

June 9, 2023, 8:12 am

Westmount energy buys into pipeline of catalysts at it takes shareholding in africa oil

London-listed small-cap oil and gas investor Westmount Energy Limited (AIM:WTE, OTCQB:WMELF) has taken a shareholding in Canada's Africa Oil Corp (TSX...

June 9, 2023, 3:12 am

A10 networks feels the pinch of slowing sales cycles

A10 Networks, Inc. reported its Q1 2023 financial results on May 4, 2023. The company provides a range of application delivery and security software f...

June 8, 2023, 7:22 pm

Pfix: playing a summer bid in treasuries, shifting to a sell

Rate risks have turned and are now skewed to the downside amid softening economic data following the yield rise since the start of Q2. PFIX's performa...

June 8, 2023, 2:49 pm

Why dave & buster's stock soared today

Dave & Buster's struggled to grow revenue organically in its latest quarter, but profitability was strong. The company is repur...

June 7, 2023, 12:57 pm

Silver price today

The price of silver today … to purchasing the shares of companies involved in silver production. Silv...

June 7, 2023, 11:15 am

Price of 21-karat gold records jd39.9 per gramme in local market

Amman, June 5 (Petra) — Prices of 21-karat gold, the highest demand at local market, on Monday stood at JD39.90 per gramme, as pur...

June 5, 2023, 8:29 pm

Chevron's pdc energy acquisition adds to ‘outperform' case, says broker

Chevron Corporation (NYSE:CVX)'s planned acquisition of PDC Energy Inc is another example of the company effectively using its premium multiple to acq...

June 5, 2023, 1:16 pm

Dream residential: don't dream it is over, reiterate buy

Dream Residential REIT is one of the most undervalued residential REITs with a strong outlook and conservative financing. DRR.U:CA trades at 11x its a...

June 4, 2023, 11:41 pm

Economic calendar in asia for monday, 5 june 2023 - another chinese pmi (caixin, services)

The services PMI due from China today is the privately conducted Caixin / S&P Global non-manufacturing PMI for May. China's National Bureau of Statist...

June 4, 2023, 8:11 pm


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