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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...
We’ve all heard the saying: "There ain't no such thing as a free lunch." It conveys a range of ideas that basically mean the same thing: nothing in life is truly free and if you want something,...
For income investors searching for higher yields, the landscape continues to become more challenging. As the U.S. economy slips into a deep recession triggered by the COVID-19 pandemic, expectations...
Even as COVID-19 ravages the global economy and fatalities world-wide continue mounting—heading toward 300,000 currently—the market narrative has been that the US, along with other...
US futures repeat yesterday’s pattern of attempting to force a rise, while global stocks fall Investors torn between hopes and pessimism of a v-shaped recovery Oil prices surge Key EventsUS...
Regular readers of this column know that I frequently caution against putting too much faith in forecasts, especially long-range outlooks. For traders, there are risks associated with relying on any...
Anyone who trades natural gas should know its production has been falling with the collapse in the number of rigs deployed in U.S. gas basins and the drop as well in associated gas produced from shale...
This morning the UK released a series of economic updates that, in the aggregate given the global financial carnage being generated by the coronavirus pandemic, surprised to the upside. That doesn't...
Traders continue to waver between optimism on relaxing lockdown plans and pessimism on warnings of a second wave Corporate results continue to reveal deep losses Fedspeak considers increasing bank...
Headlines surrounding the devastating coronavirus pandemic, which has so far infected over 4 million people worldwide and killed approximately 291,964, have been the primary driver of market sentiment...
It probably wasn’t what President Donald Trump expected of his health advisor, but the White House’s pandemic specialist Anthony Fauci has made it clear that U.S. states shouldn’t be...
With Q1 2020 earnings season almost over, it’s clear that, with the COVID-19 pandemic continuing to raise havoc on the global economy, executives at some of the largest U.S. companies are unable...
Silver, gold's cheaper but often overlooked precious metal associate, has completed a bullish pattern. It appears the white metal—which has both luxury and industrial uses—is about to...
Asia, U.S. futures, European shares all waver on pandemic-related fears USD dips Key EventsUS futures for the S&P 500, Dow Jones, NASDAQ and Russell 2000 slipped on Tuesday and European equities...
It’s certainly not the swinging days of the “Drill baby, drill!” phenomenon. Yet, U.S. crude production is creeping up—rising slowly but surely with the price rebound of the...
The Walt Disney Company (NYSE:DIS) is in the middle of a nasty downturn. Its business, which thrives on shared group experiences, is suffering after the global spread of COVID-19 forced the closure of...