Technology remained the best-performing sector of the second quarter on the AI drive while energy lagged.
Wall Street has delivered moderate performance in Q2 of 2024, with April being a down month, while May and June stand out as up months.
The U.S. faces severe heat waves, impacting areas from the Midwest into much of the Ohio Valley, Great Lakes, Northeast, and Mid-Atlantic through the next few days. According to the latest updates from the National Oceanic and Atmospheric Administration (NOAA), high temperatures and warm overnight lows will likely...
Wall Street was upbeat last week.
Prompt-month natural gas futures have exceeded $3 per million British thermal units on Monday, marking the highest level since mid-January 2024 and hitting a potential four-day winning streak, spurred by forecasts predicting increased cooling demand due to anticipated warm weather in June. Last week, natural gas prices...
Wall Street has experienced a robust upswing in May, driven by fresh expectations of Federal Reserve rate reductions at the initial phase of the month, strong corporate profits, and the artificial intelligence (AI) craze
Wall Street was upbeat last week on renewed Fed rate cut bets.
The West Texas Intermediate (WTI) crude spot price, as tracked by the United States Oil Fund (NYSE:USO), hovered below $80 a barrel on Monday, remaining relatively stable despite significant geopolitical developments in the Middle East. Indeed, natural gas prices have experienced a substantial increase, although for...
Wall Street was upbeat last week with the S&P 500 adding 1.9%, the Dow Jones advancing 2.2% and the Nasdaq Composite gained 1.1%.
Shares Silver Trust, GLD and UNG have been highlighted in this Investment Ideas article.
When equity markets become complicated, other asset classes can provide investors with a refuge. Commodity ETFs currently present favorable reward-to-risk opportunities.
Energy stocks are on fire, but there is likely more fuel in the tank. Stock Strategist Andrew Rocco reveals 3 ways to take advantage of the bull market in the energy industry.
In a significant development in the energy sector, Iraq is set to reactivate a previously dormant pipeline to Turkey, which could substantially impact regional oil exports and negotiations. What Happened: Iraq is reviving a pipeline to Turkey, potentially exporting 350,000 barrels per day by month’s end, Reuters...
Amid rising tensions in the Middle East, Helima Croft predicts “serious Iranian retaliation” that could lead to broader regional conflict. What Happened: On Thursday, Croft, an analyst at RBC Capital Markets, expressed concerns over the potential repercussions of the recent escalation in the Middle East. During CNBC...
Bull markets can be more challenging to navigate than they appear on the surface. Understanding the difference between two indicators is the key to profitability and success. Strategist Andrew Rocco explains...
Bitcoin and the related stocks were the hottest throughout the first quarter amid growing optimism about the tokens.
If there's one sector where contrarian investing should be the rule, it's the mining sector. That's a lesson that Rick Rule, founder and president of Rule Investment Media, learned after being involved in natural resource investing for over 50 years. "As an investor in resources, if you aren't a contrarian, you're...
This week’s ETF Wrap digs into the performance of the technology-heavy Invesco QQQ Trust Series I, as investors eye the mixed performance of Big Tech stocks so far in 2024.
Three people were reportedly killed and several others injured after an anti-ship ballistic missile launched by Iran-backed Houthi rebels in Yemen struck bulk carrier M/V True Confidence in the Gulf of Aden late on Wednesday. The crew abandoned the Barbados-flagged, Liberia-owned vessel following the attack, which...
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