Weibo Corporation WB was a big mover last session, as the company saw its shares rise more than 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $32.5
Players in Retail – Apparel and Shoes industry are leaving no stone unturned to improve top-line performance and expand customer base. Amid fears of the ongoing pandemic and resultant social distancing, companies have been directing resources toward digital platforms, accelera
Monro, Inc. MNRO has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock. And for technical investors there is some hope when looking at MNRO given that, according to its RSI reading of 25.83, it is now in oversold t
The Kazakh tenge is likely to weaken against the dollar during October due to concerns about the global economy and the volatility of the Russian rouble, a Reuters poll showed.
Oilfield services major Schlumberger Limited SLB, recently entered into a memorandum of understanding (MoU) with Middle East maritime and logistics company, Milaha regarding oil well stimulation vessels for work in Qatar. Schlumberger has been serving Qatar’s oil and gas secto
LHC Group, Inc. LHCG is well poised for growth on the back of a broad range of services, and prudent acquisition and joint ventures.The stock has gained 96.8%, compared with the industry’s growth of 45.7% in a year’s time. Further, the S&P 500 Index rallied 15.7% in the
International Paper Company IP is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for IP broke out above the 200 Day Simple Moving Average, suggest
POSCO PKX is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for PKX broke out above the 200 Day Simple Moving Average, suggesting a short-term bul
SPX Corporation SPXC is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for SPXC broke out above the 200 Day Simple Moving Average, suggesting a sh
U.S. stock exchanges have put New Jersey on notice: Pass a financial transaction tax and they will relocate their primary data centers, where billions of dollars of trades are executed daily - possibly to Chicago.
ArcelorMittal stock (NYSE: MT) increased 10.5% in a day on September 28, 2020. This was after the announcement of Cleveland-Cliffs deciding to buy ArcelorMittal’s US operations in a $1.4 billion cash and stock deal, expected to close later this year. ArcelorMittal will recei
We believe there may be a good opportunity with Altria stock (NYSE: MO) at the present time. MO trades at $39 currently and is in fact down 16% so far this year. It traded at a pre-Covid high of close to $44 in February, and is still 11% below that level now. MO stock has gain
We started with a simple question about Charles Schwab Stock (NYSE: SCHW). Given a certain drop or rise, say a 5% drop in a week, what should we expect for the next week? Is it very likely that SCHW will recover next week? What about the next month or a quarter?
Gene therapy – which aims to treat diseases by essentially inserting a gene into a patient’s cells rather than via drugs or surgery – was a hot trend in the biotech space, but investor interest in the sector appears to have died down considerably, on account of high R&am
Investors turned bearish on the Thai baht for the first time in two months, highlighting concerns over the pace of recovery in Southeast Asia's second-largest economy through the COVID-19 pandemic and a domestic political crisis.
We believe Owens & Minor stock (NYSE:OMI), a global healthcare logistics company, could continue to rally in the near term. OMI stock trades at $22 currently, rising a whopping 4x since the beginning of the year. It traded at a pre-Covid high of $7 in February, and it i
We believe there may be better investment places for your money than Norfolk Southern stock (NYSE:NSC) at the present time. NSC stock trades at $221 currently and it has gained 16% in value so far this year. It traded at a pre-Covid high of $207 in February, and it is at sligh
FedEx stock (NYSE:FDX) lost more than 30% – dropping from $155 at the beginning of the year to below $112 in late March – then spiked 127% to around $254 now. That means it’s now 64% higher than where it started the year!
After rallying nearly 70% since the price seen on March 23, we believe Workday Inc. stock (NASDAQ: WDAY) has little upside left. The stock has rallied from $127 to $215 gaining more than the broader S&P 500 index, which moved 47%. One of the reasons for the high recovery w