Monday, November 18, 2024
Vaccine makers’ stocks are soaring. Pfizer (PFE) was up $1.75 earlier this week, at $52.00 BioNTech (BNTX) was up about $17, at $152.40 Moderna (MRNA)was up $15, at $153.25 This is due in part to news that China is battling another wave of coronavirus infections. Millions of people across China are on lockdown. Schools in […]
Bitcoin’s value was cut nearly in half over the last few weeks: from a high of $68,978, it dropped to a low of about $35,000. However, after catching major support, Bitcoin is showing strong signs of life, thanks in large part to President Biden’s executive order on cryptocurrencies and institutional buying. According to CNBC: “Biden’s […]
It’s easier said than done, but: don’t panic. Sure, the market has been a disaster: Since the start of the year, the Dow Jones has lost about 3,700 points. The NASDAQ has dropped 2,731 points. The S&P 500 has fallen 528. Meanwhile, the price of oil is well above $110 a barrel, as gold prices […]
Pay close attention to Nordstrom (JWN). After diving from a November high of $34.65 to a low of $19.39, the retailer is once again skyrocketing—so much so, it could refill its bearish gap around $32.50 a share, near-term. This is all thanks to blowout earnings and a strong outlook. For its fourth quarter, Nordstrom posted […]
Investors may want to pay close attention to solar energy stocks as energy producers, particularly in Europe, scramble to reduce dependency Russian oil and gas. With the war between Russia and Ukraine raging, renewable energy stocks, like Sunrun (RUN), First Solar (FSLR), and Enphase Energy (ENPH) are moving higher, quickly. That’s because, as Joe Keefe, […]
By now, you’re aware that Russia has attacked Ukraine. As Reuters reported: “In announcing a major military operation, Russian President Vladimir Putin deflected global condemnation and cascading new sanctions—and chillingly referred to his country’s nuclear arsenal as he threatened any foreign country attempting to interfere with ‘consequences you have never seen.’” Unfortunately, the situation could […]
Investors may want to keep an eye on oil-related ETFs and stocks. Currently, oil prices are nearing $100 a barrel, as Russia pushes deeper into Ukraine. There’s even fear oil could rally to $120, perhaps even to $150, if there’s a full-scale invasion. Russia is one of the world’s largest producers of oil. So, should […]
Exxon Mobil (XOM) is one of the most explosive stocks of 2022. In fact, since the new year began, the oil stock ran from a low of about $60 up to around $70—all thanks to tight oil supply, heavy demand, geopolitical tension, and earnings and buyback news. Even better: with oil prices showing no signs […]
Bitcoin has taken a massive hit. Since topping out at $68,978 in November, the digital currency plunged to a low of $32,990. However, after catching double-bottom support—and pricing in a good deal of negativity—Bitcoin is starting to recover. From a current price of $46,633, we’d like to see it challenge its prior high from November. […]
On Monday, shares of Beyond Meat (BYND) were up more than 15% on a volume spike to 4.3 million shares, as compared to daily average volume of 4.06 million. This is all thanks to news that Barclays’ analyst Benjamin Theurer upgraded the BYND stock to an overweight rating, with a price target of $80 a […]
