New York, NY, based Investment company BlueMountain Capital Management, LLC buys Halcon Resources Corp, Lululemon Athletica Inc, Urban Outfitters Inc, Deckers Outdoor Corp, Activision Blizzard Inc, Sprouts Farmers Market Inc, Vistra Energy Corp, Coca-Cola European Partners PLC, Domino’s Pizza Inc, Nordstrom Inc, sells Bob Evans Farms Inc, C&J Energy Services Inc, Changyou.com, SPDR Dow....More>>>
Stocks have thus far avoided another big down day following yesterday’s collapse, but it still feels like there’s another shoe to drop, doesn’t it?
So how will we know that the worst is over? Fundstrat technical analyst Robert Sluymer recommends “watching the downside leader, Energy, for evidence of decelerating,” particularly ExxonMobil (XOM)....More>>>
Crude oil prices are still below the $50 mark this week, but we have some good news for investors…
Our bold oil price prediction shows double-digit gains for the price of oil by the end of 2016.
Money Morning Global Energy Strategist Dr. Kent Moors says oil prices will climb significantly by the end of 2016 and into 2017. Moors is a 40-year veteran in the oil markets, and....More>>>
Health savings accounts are poised for a major expansion by Republicans in Washington, D.C., and that could mean millions more customers and fees flowing to a handful of companies.
Investors are betting on it, bidding up shares of HSA provider HealthEquity (HQY) by about 35% since the November election. It’s one of the best performing stocks on Wall Street since Donald Trump won....More>>>
A 28-year-old Ohio man was indicted for digitally spying on people for more than 13 years.
Phillip Durachinsky has been charged with allegedly creating and installing computer malware called Fruitfly that let him spy on and record victims.
He allegedly accessed thousands of computers, including those owned by individuals, companies, schools, a police department and a subsidiary....More>>>
Dr. Kent Moors
Editor’s Note: The EPA’s Nov. 30 decision to maintain the ethanol levels required in transportation fuel was a win for renewables. That’s why we’re revisiting Kent’s outlook for biofuel, its place in the new energy balance, and the investment opportunities it’s opening up now…
As we shift into the “new age”....More>>>
Energy Fuels (NYSEAMERICAN:UUUU) (TSE:EFR) shares saw an uptick in trading volume on Monday . 1,091,365 shares were traded during mid-day trading, an increase of 300% from the previous session’s volume of 272,846 shares.The stock last traded at $2.09 and had previously closed at $2.04.
Several brokerages have recently issued reports on UUUU. Zacks Investment Research cut Energy Fuels....More>>>
U.S. company-debt investors fear the Fed more than they fear defaults.
That’s what U.S. bond and loan markets are signaling now. Safer types of debt, like Treasuries and investment-grade corporate bonds, have dropped this year. But the riskiest high-yield bonds — rated in the CCC range– gained 0.9 percent through Wednesday. And loans to junk-rated companies have risen even....More>>>
1. Stocks surge: U.S. stock indexes look set to build on their record-setting performances.
The Dow Jones industrial average and S&P 500 have both added more than 2.5% since the start of the year. The Dow is now trading near the 20,300 point level.
The tech-heavy Nasdaq index has also turned in a very strong performance, gaining 6.5% since the start of 2017.
Image source: Getty Images.
In some ways, 2016 was the best of times and the worst of times for M&A in the oil patch. On the downside, the sector saw two notable deals fall apart (Energy Transfer-Williams Companies and Halliburton-Baker Hughes), and it lacked a headline-grabbing megamerger such asRoyal Dutch Shell’s 2015 decision to pay $53 billion for BG Group.