Just like that, June natural gas prices were right back down today, losing all their gains from yesterday as traders looked for a loosening supply/demand balance into May. After the prompt month contract led the way higher yesterday it led the way lower today, with quite a bit of weakness into the fall as well. …
In this morning’s ADP employment report we got the April estimate of 204K new nonfarm private employment jobs from ADP, a decrease over March’s revised 228K. The popular spin on this indicator is as a preview to the monthly jobs report from the Bureau of Labor Statistics. But the ADP report includes a wealth of information that’s worth…
With widespread volatility and uncertainty, Wall Street is struggling to find a solid footing this year. The worries include inflationary pressure, a faster-than-expected rates hike, political instability in Washington, trade tensions, technology sector turmoil and rising yields. Additionally, rounds of weak economic data related to manufacturing, consumer spending, and GDP growth took a toll on…
We have not focused on the lithium space so far but we are getting super excited about lithium miners right now. Lithium Americas Corp, one of the leading lithium miners, flashes a buy signal for 2018. This article gives details on an attractive entry price, and which conditions should be met before buying this lithium stock….
CNBC’s Deirdre Bosa reports on the quarterly earnings for Square.
The Fed did what was expected with interest rates today which was nothing. Their words were carefully sifted, and after an initial push higher stocks slumped. The Dollar was interesting as it initially dumped, and then spiked higher into the close. The bottom line is that nothing has changed. The ‘recovery’ continues weakly, with its…
Two important positive catalysts are poised to boost solar stocks over the medium to long-term. Specifically, an upcoming China-U.S. trade deal and a tremendous Saudi investment in solar energy should greatly increase the sector’s bottom line, sparking a stock rally in the process. As I’ve written in the past, a comprehensive trade deal between the…
The Nikkei traded nervously today ahead of the Fed and US NFP’s, but knowing it is closed the rest of the week (Golden Week holidays). Some of the exporters did manage to edge ahead but gains were very limited. The overall trend appeared heavy all be it lethargic, but we are watching the Yen trade…
Amid reports of a slowing ramp up in Model 3 production, and Elon Musk’s own repeated warning last quarter that manufacturing challenges during a production ramp such as this “makes it difficult to predict exactly how long it will take for all bottlenecks to be cleared or when new ones will appear”… … in addition…
