Tuesday, May 7, 2024

Energy Stocks Could Be Facing Long Term Resistance

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Energy stocks have led the market this year as investors looked for travel to resume after last year's lockdowns. But now the sector could...

The Dollar Is Dropping Sharply, Lifting Global Stocks and Commodity Plays

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All of a sudden, weak-dollar trades are working. At least 26 foreign-country exchange-traded funds are outperforming the S&P 500 and Nasdaq-100 so far this year,...

Some Inflation Hedging Stocks Are Still Down Big Despite Yesterday’s Hot Price Report

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Inflation is a hot topic after consumer prices jumped yesterday. However several companies that could benefit from the trend are still down big. Producers of...

Energy Stocks Look Like Technology Did Five Years Ago: Technical Analysis

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2022 has begun with another sharp rotation from growth to value stocks. The SPDR Technology ETF had its biggest weekly drop in over a...

Is Inflation Peaking? Here Are Some Signs Prices May Be Cooling

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Inflation has plagued the stock market all year, especially with two searing reports last week. But there could be signs of the price spiral...

Energy Stocks Pull Back But Are Still Leading This Year

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Energy stocks have led the market this year, and now they've pulled back. The S&P Select Energy SPDR fund (XLE) jumped to $98.97 last Friday...

Options Alert: Mega Call Spreads Target Historic Level in Brazilian Energy Stock

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For the second session in a row, options traders targeted a key level in South American oil driller Petrobras. Check out this large bullish call...

Negatives Are Piling Up in This Year’s Only Positive Sector

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Energy stocks are the only positive sector in 2022, but they're ending the year under a cloud of negativity. Crude oil futures (@CL) have fallen...

Technical Analysis: This LNG Tanker Stock Is Squeezing. Will a Breakout Follow?

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Natural gas tanker stock Cheniere Energy has steadily trended higher for more than a year, but it’s effectively gone nowhere for three months. Now...

Energy Stocks Just Got a Triple Dose of Bullish News

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After months of relative quiet, energy stocks are back in focus with a triple dose of bullish news. The sector began the week rallying on...
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