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It could well be time to short oil again.Last week, we expected oil to rebound toward $30, along with a rising flag. But conditions appear worse than we had anticipated after the commodity's...
Don’t worry about oil prices going to the teens. They already have, between Friday’s settlement and Monday’s open, in that black hole called electronic trading.As I write this, U.S....
The current million-dollar question: after the massive sell-off over the past four weeks, when will the market finally bottom out?The answer should be obvious: nobody yet knows. The rapid spread of...
First, thank the Federal Reserve, the ECB and other global central banks for their response to the COVID-19 pandemic. Then, the U.S. Senate and lawmakers around the world. Finished? Now, say thank you...
Global carmakers are among the biggest industrial victims of the coronavirus pandemic. Facing plant closures and demand destruction, the global health crisis has pushed some of the weakest players...
The dollar is falling for the fifth straight day after gaining for 7 days out of 8 and surging 8.5%. It might be time to start thinking of getting back in: the greenback has already corrected 2.3% of...
As investors grapple with their losses in stocks vulnerable to the coronavirus pandemic, Nike (NYSE:NKE) is showing them their faith in this global brand will pay off in the end.Nike was among the...
Yesterday, the Dow surged 11.37%, its biggest daily gain since 1933, as Congress worked out the finishing touches to a safety net intended to combat the economic tsunami expected from the COVID-19...