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Surging China EV sales weigh on oil demand, Goldman says Brent could fall to $68 per barrel by next year

China has been the pillar of growth for the oil global market over the past 20 years, but EV sales are eroding demand.

Author Posted on August 23, 2024Categories Uncategorized

Wall Street cheers Powell speech, but risks remain. This options trade capitalizes on a potential move lower

I believe the Fed will remain data dependent, which should temper euphoria and keep the S&P 500 in its 2024 range.

Author Posted on August 23, 2024Categories Uncategorized

Traders are confident Nvidia stock will rise after earnings, according to options market

Nvidia is set to report its latest results Aug. 28, and the numbers could serve as a gut check not only for the chipmaker, but also for the entire stock market.

Author Posted on August 23, 2024Categories Uncategorized

Here are Friday’s biggest analyst calls: Nvidia, Peloton, Chewy, Uber, Burlington Stores, BJ’s Wholesale Club, Roku and more

Here are Friday’s biggest calls on Wall Street.

Author Posted on August 23, 2024Categories Uncategorized

Here are Wolfe’s favorite stocks as market approaches fresh record

“While we expect continued choppy trading in the market, we expect companies with solid fundamentals to outperform,” Wolfe Research’s Chris Senyek said.

Author Posted on August 23, 2024Categories Uncategorized

Friday’s analyst calls: Warby Parker to rally more than 40%, Peloton downgraded

A glasses retailer and a pet product e-commerce company were among the stocks being talked about by analysts on Friday.

Author Posted on August 23, 2024Categories Uncategorized

These high-quality small-cap stocks are a buy, Bank of America says

Small-cap stocks that are high quality and inexpensively priced could provide a good hedge against future market volatility, according to Bank of America.

Author Posted on August 22, 2024Categories Uncategorized

Crypto asset managers look past the next big coin to diversify portfolios

You can forget about a Solana ETF alone. The next step in crypto asset management goes beyond identifying the next big coin.

Author Posted on August 22, 2024Categories Uncategorized

Where this BlackRock global CIO sees opportunity for income in ‘new era’ for stocks

BlackRock’s Tony DeSpirito, who manages the BlackRock Equity Dividend fund, looks for income, value and quality when picking stocks.

Author Posted on August 22, 2024Categories Uncategorized

The Jackson Hole technical trade: BTIG says these stocks are buys ahead of Powell speech

These are BTIG’s top technical stock picks ahead of the Federal Reserve’s annual retreat in Jackson Hole, Wyoming.

Author Posted on August 22, 2024Categories Uncategorized

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RSS MarketWatch: Stock Market News

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