Daily Markets: New Rounds of Uncertainty to Close Out the Week

11 days ago Nasdaq

As we exit this week, investors will be looking for answers to a number of questions, including: What is the speed of the global economy? The answers or at least clues to those answers will shape the market mood next week. Retail Sales in the UK fell 5.8% YoY in December, far greater than the market forecasts for a 4.1% fall. IPOsThe near-term IPO calendar is relatively light so there are no significant IPOs slated to price this week. After Today’s Market CloseNo companies are expected to report their quarterly results after the market close.
Continue reading...

Read On "Nasdaq"

More News On "Nasdaq"

Are Investors Undervaluing TreeHouse Foods (THS) Right Now?

Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels. On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. One company value investors might notice is TreeHouse Foods (THS). Value investors will likely look at more than just these metrics, but the above data helps show that TreeHouse Foods is likely undervalued currently. Click to get this free reportTreeHouse Foods, Inc. (THS): Free Stock Analysis ReportTo read this article on Zacks.com click here.

3 months ago Nasdaq

In Craig Wright Verdict, Reality Prevails

See also: Craig Wright's Abnormal Psychology | OpinionIt’s almost enough to give a cynic some hope in our supposedly post-truth age. Such as: Why exactly is Craig Wright claiming to be Satoshi if he has no evidence? Specifically, are Craig Wright and allies like Calvin Ayre and Jimmy Nguyen all in on this together? See also: Why Are We Still Debating Whether Craig Wright Is Satoshi? It is obviously unacceptable that Craig Wright has managed to waste so much of everyone’s time, energy and money with his little charade.

3 months ago Nasdaq

Should You Follow Warren Buffet and Invest in OXY Stock (NYSE:OXY)?

Hence, we are bullish on OXY stock. The potential of a buyout puts a floor under OXY stock if oil prices continue to drop. Therefore, the risk/reward for investing in OXY stock is highly attractive at this time. Turning to Wall Street, OXY stock maintains a Moderate Buy consensus rating. Therefore, natural gas prices could potentially rise much faster than oil prices.

3 months ago Nasdaq

3 Recent Stock Splits That Are Still Screaming Buys

Let's have a look at three stock-split stocks that, in our opinion, remain screaming buys: Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), Palo Alto Networks (NASDAQ: PANW), and Tesla (NASDAQ: TSLA). Exploding demand for cybersecurity will benefit Palo Alto Networks in the long runJake Lerch (Palo Alto Networks): For me, a stock needs to be more than just a great company to be a screaming buy. When I look at Palo Alto Networks, it's easy to identify such a trend: the skyrocketing growth of the cybersecurity industry. And this underlying reality pushed Palo Alto Networks' stock to an all-time high earlier this year. The Motley Fool has positions in and recommends Alphabet (A shares), Alphabet (C shares), Amazon, Microsoft, Palo Alto Networks, and Tesla.

3 months ago Nasdaq

Andrew Beer Talks Trend Following and DBMF With CTA Manager

The discussion opened with a talk about what’s happening in the hedge fund space and Beer’s background in the hedge fund industry before he moved from hedge funds to ETFs. Managed futures that take long and short positions on a variety of asset classes via the futures market have been strong performers this year as well as portfolio diversifiers and have been enormously popular. “My belief in hedge funds is it’s always the big trades,” Beer said. It is a five-star rated fund with Morningstar and is the largest of the managed futures ETFs. For more news, information, and strategy, visit the Managed Futures Channel.

3 months ago Nasdaq

FOREX-Sterling rises as Sunak becomes PM while dollar slumps

Rishi Sunak became Britain's third prime minister in two months on Tuesday, tasked with tackling a mounting economic crisis and a warring political party. The U.S. dollar was broadly weaker amid signs that Federal Reserve rate hikes are slowing the world's biggest economy. The dollar index =USD, which measures the greenback against six major peers, was down 0.831% at 110.93 at 10:55 a.m. EDT (1455 GMT). YEN AND YUANThe yen firmed against the dollar after suspected Bank of Japan (BOJ) intervention on Friday and Monday. At 147.665 yen, the dollar was down from a 32-year high of 151.94 on Friday, which appeared to trigger successive bouts of BOJ intervention.

3 months ago Nasdaq

U.S. Stocks Move Sharply Higher, Dow Reaches Two-Month Closing High

(RTTNews) - Following the mixed performance seen in Thursday's session, stocks moved sharply higher over the course of the trading day on Friday. The major averages all showed strong moves to the upside, with the Dow reaching a two-month closing high. Energy giant Exxon Mobil (XOM) also moved to the upside after reporting record profits in the third quarter due to higher energy prices. Sector NewsWith Intel helping to lead the way higher, semiconductor stocks showed a substantial move to the upside, driving the Philadelphia Semiconductor Index up by 4.0 percent. Biotechnology, utilities and housing stocks also saw significant strength, while steel and oil service stocks showed notable moves to the downside.

3 months ago Nasdaq

GLOBAL MARKETS-Buoyant Wall Street boosts world, European stocks; oil slides

By Chris Prentice and Marc JonesWASHINGTON/LONDON, Oct 28 (Reuters) - World and European shares turned higher on Friday as Wall Street extended gains amid hopes of a slowdown in some central banks' rate hikes. Europe's STOXX index .STOXX recouped losses as steep as 1.1% during the session to close up 0.1% at a five-week high. Earlier the yen weakened after Bank of Japan Governor Haruhiko Kuroda said it did not "plan to raise interest rates or head for an exit (from ultra low interest rates) any time soon" despite raising inflation forecasts. /FRXThe stronger dollar pressured dollar-traded commodities, making them more expensive to holders of other currencies. Oil prices extended losses on demand concerns, with Brent crude futures LCOc1 down 1.8% and U.S. crude prices CLc1 down 1.94%.

3 months ago Nasdaq

BREAKING NEWS

5 minutes ago - 'It's more than just pay': Teachers on why they are striking 5 minutes ago - WPL Auction 2023: Five Star Cricketers Who Could Hit Pay Dirt 10 minutes ago - How old is Pauly D's daughter after he welcomed baby with Amanda Markert? 12 minutes ago - SA vs ENG Live Score: England batting first, Proteas Strike early to dismiss Jason Roy & Ben Duckett in 3rd ODI 14 minutes ago - Emily Atack fans 'feel sick' as harrowing details of vile messages revealed 19 minutes ago - Holly Willoughby and Phillip Schofield defend Molly-Mae Hague's daughter's name after she's forced into Instagram change 30 minutes ago - Nolly: Cast, plot, how to watch the new Russell T Davies drama about Noele Gordon, star of Crossroads 31 minutes ago - Red Nose Day 2023: Comic Relief’s red nose given ‘most dramatic makeover’ since 1988 by ex Apple guru 35 minutes ago - 'Not physically capable' -- Ozzy Osbourne cancels Irish tour date amid health worries 37 minutes ago - Ozzy Osbourne Cancels 2023 Concerts, Indicates His Touring Career Has Ended 39 minutes ago - Tom Curran Takes Indefinite Break From Test Cricket To Focus On White-Ball Formats 40 minutes ago - Football: Chelsea complete record signing of Benfica's Fernandez 40 minutes ago - pet connection – Should you purchase insurance for a senior pet? 40 minutes ago - India's talismanic batter Suryakumar Yadav reaches new career-high in latest ICC rankings 42 minutes ago - Love Island 'changed my name' minutes before show, star claims, leaving her 'in tears' 43 minutes ago - Brutal Daniel Levy sabotaged second Tottenham deal after late Pedro Porro transfer row emerges 44 minutes ago - Mother ‘screamed in desperation’ as dog mauled four-year-old girl to death 45 minutes ago - Nicola Bulley: Missing woman’s daughters ‘cried their eyes out’ when told ‘mummy’s lost’ 47 minutes ago - Happy Valley cast and where you've seen them before 48 minutes ago - Here’s how to beat toxic men like Andrew Tate 49 minutes ago - Just five Solihull schools told council whether they were closing amid teachers' strike 49 minutes ago - Half a million strike in UK’s largest walkout in 12 years 1 hour ago - Chelsea finally confirm £107m Enzo Fernandez deal after hours of leaving fans worried 1 hour ago - Voices: Your dog isn’t your ‘child’ – it’s a dangerous animal 1 hour ago - Tate Modern: Flats overlooked by art gallery win privacy battle in Supreme Court 1 hour ago - Leinster quartet nominated for 2023 EPCR Player of the Year Award 1 hour ago - Milton Keynes dog attack: Your dog isn’t your ‘child’ – it’s a dangerous animal 1 hour ago - School closure list in Bristol and South Gloucestershire as teachers go on strike 1 hour ago - Transfer window verdict: how every Premier League club fared in January 1 hour ago - Molly-Mae Hague and Tommy Fury have called their baby Bambi – how important is the name you give you child? 1 hour ago - Chelsea's Hakim Ziyech 'to learn PSG fate today after documents error' 1 hour ago - Who is on strike today? Full list of train, teacher and bus strikes for this week and the rest of February 1 hour ago - Owners of £2m luxury flats overlooked by Tate Modern win Supreme Court privacy battle 1 hour ago - Police Log: Jan 29-30 1 hour ago - ITV Love Island's Dani Dyer reveals identical twins' gender with sweet bump snap amid pregnancy milestone 1 hour ago - Gareth Thomas' ex Ian Baum gives emotional interview on ITV's Good Morning Britain about impact of HIV 1 hour ago - Enzo Fernandez: What are Chelsea getting in Benfica and Argentina star? 1 hour ago - Flat owners win Supreme Court privacy case over Tate Modern viewing platform 1 hour ago - Union demands action from Holyrood ministers as Scots join ‘walkout Wednesday’ 1 hour ago - Cunk On Earth: 5 Things To Know Before You Watch The Netflix History Mockumentary Series 1 hour ago - Ozzy Osbourne cancels Manchester show and rest of UK tour as he’s too ‘weak’ to perform 1 hour ago - Tate Modern viewing platform invades privacy of flats, supreme court rules 1 hour ago - BBC Morning Live’s Gethin Jones Keeps Dancing for 24 hours for Red Nose Day 1 hour ago - Richard Madeley slammed for referring to guest's HIV diagnosis as Aids 1 hour ago - Gavin Coombes and 4 Leinster stars nominated for Best European Player 1 hour ago - Ozzy Osbourne Announces Retirement From Touring, Cancels 2023 European Tour Dates 1 hour ago - Today's strikes explained - Check when and how your area is affected 1 hour ago - Day of disruption in UK as up to half a million join walkout 1 hour ago - Police offer cash reward in hunt for couple and newborn who went missing from motorway in Bolton 1 hour ago - TUC chief tells LBC public support for strikes won't dwindle even if it forces people to miss a family funeral 1 hour ago - Armed police gun down killer dog after four-year-old mum's chilling scream of 'she's dead' 1 hour ago - If Ethereum withdrawals are enabled today $1.5 billion in ETH would be on the move, here’s why this matters 1 hour ago - Red Nose Day is back! Celebrities reveal biggest Red Nose makeover in history! 1 hour ago - List of schools closed across England and Wales today as thousands of teachers go on strike 2 hours ago - Pathaan to enter Rs 1000-crore club soon! KGF 2 to RRR, here are films that surpassed the mark 2 hours ago - Small businesses to common citizen: 5 key Budget proposals explained 2 hours ago - Gillian Keegan flaunts £10,000 Rolex watch as she tells striking teachers to be 'realistic' over pay 2 hours ago - Fed preview: what could the Fed say to move the markets? 2 hours ago - Jony Ive Designs 'Most Perfect Nose in History' for Comic Relief UK 2 hours ago - University Of Florida Report Shows Spike In Consumer Sentiment Creeps With Dropping Inflation Rate