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HomeU.S Market

U.S Market

Price
Finance

Stock Market Climbs Off Lows Despite Tech Selling; Nasdaq, S&P 500 Battle Near Key Levels

March 28, 2023 Mariel Alumit

Several leading technology stocks succumbed to some profit-taking in the stock market Tuesday in a low-volume session. Semiconductor stocks lagged in the MarketSmith Growth 250, with top stocks like Aehr Test Systems (AEHR), Rambus (RMBS) […]

Price
Electric Vehicles

BYD Earnings Soar In Q4, 2022 But Tesla Archrival Is Feeling The Heat

March 28, 2023 Mariel Alumit

China’s BYD (BYDDF) on Tuesday reported skyrocketing earnings for the fourth quarter and full year, as expected and as a price war grows in the world’s biggest EV market. BYD stock popped. On Jan. 30, […]

Price
Finance

Dow Jones Dips As Alibaba Flies; 3 New Cathie Wood Buys Trade Mixed; Micron Earnings Miss

March 28, 2023 Mariel Alumit

The Dow Jones Industrial Average slipped as Treasury yields spiked. A trio of stocks, including Coinbase (COIN), were mixed despite Cathie Wood buying shares. Alibaba (BABA) went on a magic carpet ride while Apple (AAPL) […]

Price
Exploration and Production

Warren Buffett Adds To His Occidental Petroleum Stake As Energy Stock Receives Upgrade

March 28, 2023 Mariel Alumit

Warren Buffett added more Occidental Petroleum (OXY) stock to his Berkshire Hathaway (BRKB) portfolio in recent days, bolstering his stake in the U.S. energy company. Meanwhile, OXY stock was upgraded Tuesday. Berkshire Hathaway purchased around […]

Gold
Finance

The Case For Gold Is Looking Stronger

March 28, 2023 Mariel Alumit

Authored by Austin Mann via Knowledge Leaders Capital blog, The Federal Reserve’s balance sheet grew by $394B in the past two weeks. In the context of all G4 central banks, this move alone erases half […]

Finance

“Economic Headwinds Are Building” – Jeff Gundlach Warns Of Imminent Recession

March 28, 2023 Mariel Alumit

Echoing his comments from earlier this month, ‘Bond King’ Jeff Gundlach warns of an imminent recession – within the next few months – as the yield-curve suddenly steepens… “The economic headwinds are building, we’ve been […]

Price
Crypto

Dow Jones Futures: Bitcoin, Tesla In Focus After First Citizens Deal Sparks Mixed Stock Market Reaction

March 28, 2023 Mariel Alumit

Dow Jones futures were little changed ahead of Tuesday’s open after the Dow Jones Industrial Average rallied 194 points Monday. Bitcoin tumbled more than 3% after cryptoexchange Binance and its Chief Executive Changpeng “CZ” Zhao […]

Crude Oil News

Oil Extends Weekly Gain as Traders Look for Clues on Economy

March 27, 2023 Mariel Alumit

​Oil extended a weekly gain, with investors awaiting further economic data as the fallout from the banking crisis continued to ripple across markets.West Texas Intermediate futures edged toward $70 a barrel after climbing almost 4% […]

Energy Tech

What Peaks and Dips in US Funding of Energy R and D Mean for Innovation

March 27, 2023 Mariel Alumit

​President Joe Biden submitted his budget request on March 9. Although the numbers are bound to change before Congress approves it, federal funding of research and development — a small but significant corner of the US budget — could top $200 billion […]

Crude Oil News

Oil Traders’ Bearish Turn Signals Prices May Stay Low

March 27, 2023 Mariel Alumit

Ask the world’s biggest oil traders where the market is headed as prices hover near a 15-month low, and you’ll hear almost universal agreement: The stage is set for a rally. But an examination of […]

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