In the short-run, energy stocks are outperforming the S&P 500. The Strategic Petroleum Reserve (SPR) is at its lowest point since 1983, at 347 million barrels. Established in 1975...
As contrarian investors, we have no desire to buy the stock market while it’s hot. We wait for it to cool off. And cooling off it is. Three weeks ago, I warned that NVIDIA...
August is expected to be another volatile month on Wall Street amid a plethora of market-moving events. Investor focus will be on the U.S. jobs report, CPI inflation data, the...
Oil prices are expected to rise in the second half of 2023 as demand will outstrip supply. Occidental Petroleum (OXY): Warren Buffett just can’t stop buying one of his...
Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week: upgrades for ConocoPhillips and Keurig Dr. Pepper; a downgrade for ConAgra; and a fresh...
Wall Street kicks off the second half of 2023 with the stock market near 16-month highs after a roaring start to the year. Amid the current backdrop, I used the InvestingPro stock...
With the Fed expected to deliver more hikes this year, many have started to worry about a possible recession. I used the InvestingPro stock screener to search for high-quality...
The only red on the screen this morning, bless it, was crude oil. I have been following this pattern for months. We’ve got a massive right triangle top in formation composed of two...
May has historically been a neutral month for the S&P 500, with an average return of +0.22% from 1950 to 2021. But, some stocks on Wall Street have consistently outperformed...
Stagflation remains one of the primary risks for the global economy in 2023. The stock market’s trajectory will continue to be dictated by worries over persistently high...