Shareholder value destruction, limited upside potential based on average analyst price targets, and negative revenue growth over the past year highlight underlying issues. How should you approach this insurance company following a two-day breakdown?
Current developments and energy policy in the US have caused a renewed interest in oil stocks. A fundamental disconnect resulting from bearish sentiment in the sector, and depressed oil prices has created oil stocks with attractive valuations, stable dividends, and notably more upside potential than downside risk. Learn about the best oil stocks to buy…
On Friday of last week the S&P 500 traded near the 6,485.00 level. Yesterday’s session in the index did see some selling produced, but the higher elements of the S&P 500 known range remained solidly intact. As of this morning the index is around 6,437.00.
Day traders have experienced a whirlwind of results via the Nasdaq 100 the past month. This is not something new for experienced speculators, but even they might be uncomfortable taking into consideration the amount of volatility in the index in recent weeks. In early trading this morning the Nasdaq 100 is near the 23,404.00 ratio….
The GBP/USD exchange rate retreated as the US dollar index rebounded on Monday. It dropped to a low of 1.3450, down from last Friday’s high of 1.3553 as attention turned to key macro data from the US.
The EUR/USD exchange rate pulled back as the recent sentiment on Federal Reserve interest rate cuts faded. The pair was trading at 1.1625, down from last Friday’s high of 1.1740.