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Investors who've been waiting eagerly to jump in and buy Tesla (NASDAQ:TSLA) on the first major dip after its massive rally this year, could be facing a difficult dilemma right now.The electric...
Even before the latest Goldman Sachs note on oil, hedge funds had $30 per barrel in their sights, even a $20 eventuality, after Friday’s disintegration of OPEC+. With Wall Street’s leading...
Call it the oil market’s ultimate fight, but one where not a single punch will be thrown.In the blue corner, weighing in with his flowing white robes, will be Abdulaziz bin Salman, Saudi...
One of the most-exposed sectors of the economy to the coronavirus outbreak is the airline industry. The extent of damage to this vital part of our economy threatens to be huge as people cancel their...
After yesterday’s second 4% surge for U.S. equity markets within three days, it's clear that bulls are getting hungrier. However, we would urge caution: this exuberance is not likely to last. In...
After 10 days of indiscriminate coronavirus-driven selling, the investment environment has become challenging for long-term investors trying to work out which area of the market is safe and...
“Low prices cure low prices” —or so the saying goes.It’s an adage used to describe a market situation where prices of a commodity or product have fallen so much that its makers...
It's becoming apparent that governments are not yet equipped to manage the coronavirus outbreak. Equity markets have been signaling these worries for days now. And, we predicted earlier this week that...
OPEC is going to do what it’s going to do. And beyond cutting production, there’s nothing the cartel can do to push oil prices higher. Yet, the epic demand destruction to crude caused by...
The economic uncertainty caused by the coronavirus has clouded the outlook for many sectors of the economy. This includes retailers, who will find themselves in the direct line of fire if this global...
While we predicted yesterday’s exuberant rally, we also said it won't last. We forecast the Fed will likely give in to rate cut demands, but will resist doing so, because it knows the action...
Typically, news of central banks synchronizing rate cuts should be great news for gold longs. But in the coronavirus era, risk trades might go up too, squirreling away money that might otherwise be...
Shares of cannabis grower Tilray Inc (NASDAQ:TLRY) dropped immediately in after-hours trading Monday after reporting disappointing quarterly earnings following the closing bell that...
As the threat to the global economy from the coronavirus outbreak prompts suggestions that central banks are ready to cut interest rates, it's becoming clear that one of the sectors at risk from the...
As gold sold off together with the U.S. dollar and equities over the past week, it's sent out very confusing signals. Investors and analysts struggled to make sense of it. For example, ECL SALES...
The shares of iPhone maker, Apple (NASDAQ:AAPL) are among the hardest hit in the Dow Jones Industrial Average amid the devastating coronavirus outbreak. They are down about 17% from their peak during...
If, in mid-February, you'd asked anyone on Wall Street where markets were headed next, you'd probably have been told—with great confidence—that equities were likely headed to yet more new...