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OPEC is going to do what it’s going to do. And beyond cutting production, there’s nothing the cartel can do to push oil prices higher. Yet, the epic demand destruction to crude caused by...
The economic uncertainty caused by the coronavirus has clouded the outlook for many sectors of the economy. This includes retailers, who will find themselves in the direct line of fire if this global...
While we predicted yesterday’s exuberant rally, we also said it won't last. We forecast the Fed will likely give in to rate cut demands, but will resist doing so, because it knows the action...
Typically, news of central banks synchronizing rate cuts should be great news for gold longs. But in the coronavirus era, risk trades might go up too, squirreling away money that might otherwise be...
Shares of cannabis grower Tilray Inc (NASDAQ:TLRY) dropped immediately in after-hours trading Monday after reporting disappointing quarterly earnings following the closing bell that...
As the threat to the global economy from the coronavirus outbreak prompts suggestions that central banks are ready to cut interest rates, it's becoming clear that one of the sectors at risk from the...
As gold sold off together with the U.S. dollar and equities over the past week, it's sent out very confusing signals. Investors and analysts struggled to make sense of it. For example, ECL SALES...
The shares of iPhone maker, Apple (NASDAQ:AAPL) are among the hardest hit in the Dow Jones Industrial Average amid the devastating coronavirus outbreak. They are down about 17% from their peak during...
With Russia finally ending its cat-and-mouse game with OPEC, the world alliance of oil producers hopes to shock the market into a rebound next week by announcing a cut of more than one million barrels...
2020 hasn’t been kind to oil bulls. After the Jan. 6, $63.27 close, it’s been down hill all the way. But that’s only part of the picture. Oil has been ranging since April 23, after...
In Aesop's fable, the satyr, or protagonist, declares he cannot trust a man who blows hot (to warm his hands) and cold (to cool his food) with the same breath. Natural gas bulls might find that lesson...
Suddenly, it’s a totally different world for the high-flying semiconductor stocks. In just a week, the bull case for these chip producers has weakened significantly as the global economy comes...
Energy giant Exxon Mobil Corp (NYSE:XOM) has plummeted fast in the indiscriminate sell-off that has gripped the market this week. This isn't hugely surprising — the fate of oil...
S&P 500 Futures attempted to claw back from their biggest daily drop since February 2018 on the worsening global coronavirus spread. However, the rebound lacked the stamina to go against an...
Russia could’ve said yes to OPEC's proposals, but self-preservation, interest in long-term gain and indignation over President Donald Trump’s sanctions got in the way. And now, until the...
If the stock market has a bad day, investors in the cannabis sector feel the pain more deeply. That may not be an established corollary, but it was exactly what happened yesterday. The overall drag on...
A sudden surge outside of China in the coronavirus outbreak is hitting almost every sector in the stock market. As investors rush to sell risky assets, it’s important to understand which...