The stock market showed strength on Wednesday after trading on both sides of the ledger as Wall Street braced for a more specific update concerning tariffs. After the close, President Trump imposed a baseline tariff of 10% on countries that will...
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Wall Street had a nasty Friday as disappointing economic news weighed on sentiment and reversed the weekly gains into losses. Specifically, consumer sentiment missed forecasts while the personal consumption expenditures price index, a key Fed...
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8:00am (EST) The stock market pulled back on Wednesday after trading in a tight range following news President Trump would be addressing auto tariffs. After the close, he revealed he would be imposing 25% tariffs on all cars that are not made in...
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8:00am (EST) The stock market rebounded on Friday with the slight gains keeping a tight trading range intact. More importantly, last week’s action may have been the start of a near-term bottoming process for the major indexes. The Nasdaq...
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8:00am (EST) The stock market showed strength on Wednesday to continue this week’s seesaw action following the afternoon Fed news. As expected, the central bank stayed on course for two more rate cuts this year while revising its outlook for...
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Here are some reasons it may have gapped up: 1) Positive Analyst Coverage: Several analysts have upgraded their ratings on RIG in recent days, citing the company's strong financial performance and positive outlook for the offshore drilling...
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Here are some reasons it may have gapped down: 1) Disappointing Financial Results: TELL reported a wider-than-expected loss in its Q2 2024 financial results, released after the market closed on Sep 10th. 2) Production Delays: The company announced...
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