Us equity close: mixed bag as tech lags. second weekly decline of the year

Daily changes:

• S&P 500 +0.2%
• Nasdaq Comp -0.6%
• DJIA +0.5%
• Russell 2000 +0.2%
• Toronto TSX +0.1%

February 10, 2023, 9:15 pm

Baker hughes data show a weekly increase in active u.s. oil-drilling rigs

Baker Hughes BKR, +1.82% on Friday reported that the number of active U.S. rigs drilling for oil rose by 10 to 609 this week. That followed declines i...

February 10, 2023, 1:12 pm

Down -8.52% in 4 weeks, here's why p&g (pg) looks ripe for a turnaround

P&G (PG) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Str...

February 10, 2023, 11:18 am

Emerson electric (emr) loses -13.16% in 4 weeks, here's why a trend reversal may be around the corner

Emerson Electric (EMR) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with...

February 10, 2023, 11:18 am

Here's why precision drilling (pds) is poised for a turnaround after losing -23.54% in 4 weeks

Precision Drilling (PDS) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreemen...

February 10, 2023, 11:18 am

Zroz: treasuries likely to win 2023

On the surface, we have seen a revival in "risk assets" like equities and industrial metals, but the real story may be elsewhere. Momentum in long-ter...

February 10, 2023, 11:01 am

Gold price forecast: xau/usd charts a bear flag, putting the 50-dma at risk

Gold price is sitting at the lowest level in five weeks near the $1,850 mark. As FXStreet’s Dhwani Me...

February 10, 2023, 8:14 am

Are these home builder approaching possible buy points?

While there's conflicting economic and business sentiment about the home building industry, companies including D.R. Horton Inc. (NYSE: DHI), Lennar C...

February 10, 2023, 7:06 am

Connectwise integrates with openai to solve complex problems and save time for msps

ConnectWise accelerates its AI initiatives and brings OpenAI to the Asio™ platform and remote monitoring and management tools. Launching with Connec...

February 9, 2023, 10:11 pm

Investors weigh jobless claims report; equities fall

US benchmark equity indexes gave up intraday gains as weekly jobless claims increased for the first time in several weeks. © MT Newswires Primary Ima...

February 9, 2023, 7:44 pm

Qqq echo bubble: traders double down, ignore inflation red flags

2023 has seen a face-ripping rally in the NASDAQ, led by meme stocks and Big Tech. The broad NASDAQ index is up nearly 16% for the year. Tesla is up n...

February 9, 2023, 3:50 pm

Agrofresh solutions: still ~1% upside on a deal that could close within weeks

AgroFresh Solutions, Inc. is being taken private by a private equity party. There were other bidders involved in the process....

February 9, 2023, 12:53 pm

Dividend harvesting portfolio week 100 update: $10,1k allocated, $784.43 in dividends

The Dividend Harvesting Portfolio is now generating $784.43 in annual dividends, yielding 7.5%. The Dividend Harvesting portfolio has a 74.26% record ...

February 9, 2023, 9:00 am

Xag/usd: the final of the intervening wave is near, after which price may rush up

As a few weeks ago, XAGUSD suggests the construction of a global triple zigzag consisting of cycle wave...

February 9, 2023, 8:54 am

Xagusd intervening wave Ⓧ pushes prices higher!

As a few weeks ago, XAGUSD suggests the construction of a global triple zigzag consisting of cycle wave...

February 9, 2023, 8:20 am

The 10 richest people in the world have seen their combined fortunes swell by $140 billion in just 6 weeks - more than starbucks' entire market value

Tesla's Elon Musk and Dior's Bernard Arnault are among the top 10 billionaires whose combined wealth has jumped in the first ...

February 9, 2023, 8:18 am

Tesla's stock has almost erased last year's 65% plunge, just six weeks into 2023

Shares in Elon Musk's EV maker Tesla have now erased almost all of their losses from 2022, a year when they shed $700 billion in market value....

February 9, 2023, 7:13 am

Usd/jpy: the yen weakness is here to stay – goldman sachs

In the view of the Goldman Sachs Research Team, the balance of risks is in favor a weaker Japanese Yen over the coming weeks. Key quotes “The US non...

February 9, 2023, 2:59 am

Jfrog ltd. (frog) q4 2022 earnings call transcript

JFrog Ltd. (NASDAQ:FROG ) Q4 2022 Earnings Conference Call February 8, 2023 5:00 PM ET Company Participants Jeff Schreiner - VP, IR Shlomi Ben Haim - ...

February 8, 2023, 11:46 pm

Goldman sachs have 3 reasons for yen weakness in the coming weeks

This is via the folks at eFX.

For bank trade ideas, ...

February 8, 2023, 9:37 pm