Good Morning Traders, hope your weekend is going great. I've recently stumbled upon the idea of using the 200 Week Exponential Moving Average (not sure if its the same one in the chart), to try and find the lowest point the S&P 500 has reached. In the internet bubble, 2008 housing crisis and the 2020 covid crisis, the S&P's lowest point seemed to be after it dips...
I read countless investors tell me how $NIO is a MUST have stock to have in my portfolio in 2022, however I'm not seeing it anymore. Seems to me the company is in shambles, very few sales, supply chain issues, and this new lock down issue they're facing. I sold this morning, I bought at 21.8, and sold at opening price today, taking in a loss of about 11.74%. I...
Bronco's real mission is to boost profits as Ford strives to repay debt taken on to weather the coronavirus slowdown. Last year, Ford said retooling its Wayne, Michigan, assembly plant to build Ranger mid-sized pickup trucks and the Bronco instead of hybrid and compact cars would improve operating earnings by more than $1 billion. Teaser images from Ford and spy...
Finally, coronavirus vaccines and treatments should serve as a tailwind for the health care industry as a whole. Hardy is projecting mid-single-digit earnings growth over the long term, including 9% earnings per share growth in fiscal 2020. CFRA has a "strong-buy" rating and a $109 price target for ABC stock.
5-star analyst T J Schultz, of RBC Capital, believes AROC has a firm foundation to move forward. He writes of the stock, “We expect lower associated gas production to have an impact on AROC utilization into 2021, but we think manageable debt leverage and ample dividend coverage provide some flexibility… we think the risk-reward is decent at current levels given...
Occidental Petroleum Corporation (“Occidental”) (NYSE: OXY) today announced that, in connection with its offers to purchase for cash (collectively, the “Tender Offers” and each a “Tender Offer”) the outstanding senior notes listed in the table below and Consent Solicitations (as defined below), it is increasing the maximum aggregate purchase price of Notes (as...