Markets

These two ETFs point to a potential stock-market drop, says this market analyst

Growth and technology stocks, as measured by the Nasdaq-100 index, have gotten more expensive and appear poised for a potential fall in the next couple weeks, according to Michael Kramer, founder of Mott Capital Management. “The Nasdaq 100 needs to reprice at lower levels to account for where real yields are,” Kramer said in a …

These two ETFs point to a potential stock-market drop, says this market analyst Read More »

Live news: Big US airlines and United laud ‘strong’ autumn bookings

© Bloomberg American Airlines and United Airlines, the two largest US carriers, said they have not seen a drop in air travel demand heading into autumn. “We’re seeing a really strong September,” United’s senior vice-president for international network and alliances Patrick Quayle told an industry conference on Wednesday. “Historically [there’s] always a drop off between …

Live news: Big US airlines and United laud ‘strong’ autumn bookings Read More »

Dow Jones Futures Rise, Oil Prices Jump On Surprise OPEC+ Move, Russia News

Dow Jones futures rose modestly Monday afternoon, along with S&P 500 futures and Nasdaq futures. Crude oil prices rebounded as OPEC+ unexpectedly agreed on a small production cut. Meanwhile, Russia said natural gas flows to Europe will remain shut until Western sanctions are lifted. X The stock market rally fell sharply again last week, breaking …

Dow Jones Futures Rise, Oil Prices Jump On Surprise OPEC+ Move, Russia News Read More »

Bitcoin Trades Below $20,000, Pulls Back as US Jobs Market Remains Strong

Text size Bitcoin rose to above $20,000 after the US jobs report was released Friday but has pared those gains and has fallen back below that level. Dreamtime Bitcoin crossed $20,000 on Friday after the US jobs report initially excited investors but pared those gains and has fallen back below that level to a range …

Bitcoin Trades Below $20,000, Pulls Back as US Jobs Market Remains Strong Read More »

Fed’s Williams pushes back on expectations of a rate cut next year

John Williams, chief executive officer of the Federal Reserve Bank of New York, speaks at an event in New York, November 6, 2019. Carlo Allegri | Reuters New York Federal Reserve President John Williams said Tuesday he expects interest rates to continue higher and to remain at those levels until inflation is subdued. Echoing recent …

Fed’s Williams pushes back on expectations of a rate cut next year Read More »

Earthstone Energy Stock: Market Perceived Risk Climbing (NYSE:ESTE)

peshkov (Note: This article was in the newsletter on July 1, 2022, and has been updated as needed.) Earthstone Energy (NYSE: ESTE) had announced the Titus acquisition. This comes after several significant acquisitions that have enlarged the company to several times the size before the shopping spree began. The stock price is beginning to reflect …

Earthstone Energy Stock: Market Perceived Risk Climbing (NYSE:ESTE) Read More »

STOCK MARKET NEWS: Fed’s Powell sinks Dow, Electronic Arts speculation, Moderna takes on Pfizer

Air travel complaints up nearly 270% above pre-pandemic levels US air travel service complaints increased 34.9% in June compared to May and nearly 270% above pre-pandemic levels, the US Department of Transportation said. Of the 5,862 complaints received in June 2022, 57.7% were against US carriers, 34.5% were against foreign air carriers, and 7.8% were …

STOCK MARKET NEWS: Fed’s Powell sinks Dow, Electronic Arts speculation, Moderna takes on Pfizer Read More »

STOCK MARKET NEWS: Bed Bath & Beyond soars, durable goods mixed, oil spikes

Luxury e-commerce specialist Farfetch gains on investment in Cartier jewelry maker’s platform Symbol Price Change %Change FTCH $9.46 1.62 20.66 Richemont Wednesday announced a long-awaited deal to offload most of its online fashion retailer YOOX Net-A-Porter (YNAP), clearing the way for its labels to sign up for technology run by luxury e-commerce specialist Farfetch. The …

STOCK MARKET NEWS: Bed Bath & Beyond soars, durable goods mixed, oil spikes Read More »

Should Hextall, Penguins Pay the Price? Flames Set the Market to Move Salary

According to CapFriendly, there are 14 teams currently above the $82.5 million salary cap, including the Pittsburgh Penguins. General manager Lou Lamoriello and the New York Islanders would not pay the price. The Calgary Flames and GM Brad Treliving did, as they attached a first-round pick with Sean Monahan to facilitate the Montreal Canadiens trade. …

Should Hextall, Penguins Pay the Price? Flames Set the Market to Move Salary Read More »