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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...
Like a Disney animation, gold suddenly seems to have transformed with the wave of a fairy pixie’s wand and sprinkle of magic dust.From a safe haven that looked anything but “safe”...
With XAU/USD rising for the third day, could gold be reclaiming its glittering crown? Several analysts, including those at Goldman Sachs, seem to think so. And the technicals appear to agree with...
Is the first U.S. gasoline build in eight weeks looming? At least one veteran watcher of the energy space seems to think so.Dominick Chirichella, who has tracked the oil and gas markets for over...
Let’s start with a quick quiz. What do toilet paper and marijuana have in common?It turns out, in a crisis, people want to hoard both. Yes, as the economy crashes, pot stocks — at least a...
Yes, we know that the headline may evoke some disparaging comments. Yes, we’re aware that there’s a global pandemic that's disrupting manufacturing lines and shipping supply chains, and we...
How long will it be before crude trades in the teens?It's a question without doubt in the minds of us all, though another question to be asked is what will happen to shale oil at those prices.West...
Over the last decade, Texas could only think of one thing to tell its oil industry: “drill, baby, drill!”Now, the Lone Star State is telling those same drillers: “slower, baby,...
The S&P 500’s 30% plunge in the past month, the fastest in the stock market history, has created buying opportunities for both retail and wealthy investors.Some of the world’s...
There have been two previous, major financial markets crashes in the past 20 years. During both, the U.S. dollar became the life raft of choice that everyone wanted to cling to.The more recent,...
For some longs in natural gas still shuddering at finding themselves at 25-year lows after this week’s 14% price collapse, I hate to be the bearer of this news: the worst isn’t over.The...
Following the recent, rapid collapse in oil prices, the world has suddenly changed dramatically for the largest oil companies in the U.S. and their investors. Triggered by what looks like the perfect...
The price of oil just crashed to below $25.00 as we write this. That's right below the intraday low and $26.21 closing price of February 2016. It's also in line with the commodity's 17-year low hit in...
We live in the strangest of times where a 24 hour period can feel like 24 days. Just yesterday, I wrote that I wasn’t sure if Donald Trump’s acknowledgement of a potential recession...
Facebook (NASDAQ:FB) investors have been hit hard and fast over the past month. Shares of the world’s largest social media platform have been plummeting in tandem with the S&P...
The Federal Reserve made another emergency cut yesterday, slashing rates by 100 basis points to close to 0% for the first time since the 2008 financial crisis. The U.S. central bank also launched a...