AP Photo/Richard DrewAP For this month, the cycle/relative strength concept is applied. First, the Dow Jones 30 stocks are ranked from the best performer to the worst by calculating the expected return in that month. The top best traditional performers in the month were then screened for relative strength by a unique measure that sorts More
Copyright 2020 The Associated Press. All rights reserved AMC Entertainment (AMC) has dominated financial headlines for weeks and the good folks of Reddit aren’t to blame. The movie theater company is working through a complex plan to improve its balance sheet and reduce its interest expense burden. Two key initiatives in the restructure are a More
Riding out the financial system shakeupgetty This is one of those times when a combination of serious, negative pressures will test the U.S. financial system. The test is potentially disastrous because the past actions of the Federal Reserve and the U.S. Government will be of no help. That’s because their actions created today’s pressures (think More
The USDA has announced the first round of grants meant to increase the availability of of ethanol … [+] and biodiesel derived from U.S. agricultural products.getty Earlier this week U.S. Department of Agriculture (USDA) Secretary Tom Vilsack announced a round of awards that will increase consumer access to biofuels including ethanol and biodiesel. The USDA More
In my last gold market update in April, I showed how gold was sitting just below a very important resistance zone between $2,000 and $2,100. I said that gold needed to clear that resistance zone in a convincing manner to signal that another leg of the uptrend was likely ahead. Alas, gold bumped its head More
If BTC price consolidates in the $25,000 range, ETH, XRP, LDO and RNDR could be the first altcoins to break out with recovery rallies. Altcoin prices crumbled after the United States Securities and Exchange Commission (SEC) announced lawsuits against Binance and Coinbase at the start of the week. Apart from the action against the two More
woman clipping couponsgetty Vanilla energy bulls stare at XLE. So basic. Meanwhile, we “second-level” contrarians consider NRGX as a high-yield play on higher oil prices. What’s the difference? Well, PIMCO Energy & Tactical Credit (NRGX) yields 6.1% while first-level favorite Energy Select Sector SPDR Fund (XLE) yields 4%. So we bank 50% more dividend when More
Rat try to stop friend to trapped because cheese. Ideal for illustration about business concept and … [+] consulting or other.getty The best thing about a multi-year bear market? The bargains. Today we’ll talk dividend deals. Big payers. Stocks yielding up to 10.3% and trading for as little as three-times free cash flow (FCF). That’s More
AP Photo/Seth WenigCopyright 2023 The Associated Press. All rights reserved. The stock market may consolidate its gain this week, but the overall trend remains up. The following week is options expiration week, which has a bullish bias. Here is the performance of the US markets since the October low. Note that the equally-weighted and the More
(Photo by Spencer Platt/Getty Images)Getty Images Key Takeaways It’s been a mixed bag for Wall Street this earning season, with some banks beating estimates and some notching major misses Some themes across the board include a massive slowdown in investment banking revenues, as M&A and IPO activity plunged during a volatile year The net interest More
Stock trader Peter Tuchman works on the floor of the New York Stock Exchange (NYSE). (Photo by … [+] Spencer Platt/Getty Images)Getty Images The equity markets had a horrible 2022 with the Dow, S&P 500 and Nasdaq down 8.8%, 19.4% and 33.1%, respectively. This isn’t surprising as investors faced increased interest rates, a potential recession More
Bitcoin and select altcoins are showing signs of a possible recovery in the near term but higher levels may continue to attract sellers. As the year comes to an end, investors will be keenly watching for a Santa Claus rally on Wall Street as many believe that if the rally does not happen, the next More
Photo by Christopher Furlong/Getty ImagesGetty Images Rising rents mean a greater share of private investors are buying residential property, according to a leading estate agent. A hefty 12.2% of all homes have been bought by an investor in the year to date, research from Hamptons International showed. This is up from 11.7% in 2021, it More
Nov. 17. (AP Photo/Nam Y. Huh)Copyright 2022 The Associated Press. All rights reserved. Key Takeaways Mortgage refinance applications are down 88% since this time last year, with new mortgage applications also down 46% over the same period. It comes off the back of rapidly rising rates, which have made mortgages hundreds of dollars more expensive… More
Empty fuel warning light in car dashboard. Fuel pump icon. gasoline gauge dash board in car with … [+] digital warning sign of run out of fuel turn on. Low level of fuel show on speedometer dashboardgetty 26 days. That’s how much diesel America has in its collective tank. Imagine that: a fuel that powers… More
