Stocks of the Hour: Codrus, PhosCo, Warrego Energy
02 Dec 2022 - A snapshot of the stocks on the move, featuring Codrus, PhosCo and Warrego Energy.
09Dec
09Dec
Continuing jobless claims catalyst for market bounce, Investor attention on next week’s Fed meeting
09 Dec 2022 - Stocks rose Thursday as the S&P 500 attempted to crack a five-day losing streak and Wall Street evaluated the odds of a recession ahead. Despite the gains, stocks are on pace for a losing week. There’s been a strong selloff over the last few days and it doesn’t take much to create even the underpinnings for a modest rally. Thursday’s continuing jobless claims the likely catalyst for the market bounce.
08Dec
Stocks of the Hour: Corazon Mining, Synertec Corporation, Imagion Biosystems
08 Dec 2022 - A snapshot of the stocks on the move featuring Corazon Mining (ASX:CZN), Synertec Corporation (ASX:SOP) and Imagion Biosystems (ASX:IBX).
08Dec
China eases COVID restrictions as markets await further economic data
08 Dec 2022 - Stocks fell in a choppy session Wednesday as traders weighed the possibility of a recession, and the likelihood of a longer-than-expected hiking cycle from the Federal Reserve. Investors await more economic data this week with jobless claims data due out Thursday, and November’s producer price index and preliminary consumer sentiment data for December out on Friday.
07Dec
Stocks of the Hour: Red Mountain Mining, 4DS Memory, Golden Deeps
07 Dec 2022 - A snapshot of the stocks on the move featuring Red Mountain Mining (ASX:RMX), 4DS Memory (ASX:4DS) and Golden Deeps (ASX:GED).
07Dec
Markets tumble as Biden’s Inflation Reduction Act shakes up global EV industry
07 Dec 2022 - Stocks tumbled Tuesday, building on the previous session’s losses, as fears of a recession gripped Wall Street. In Europe there is growing frustration over the Biden administration’s Inflation Reduction Act, with opposition to the sweeping climate and economic bill. The concern is that US companies now have an unfair advantage.
06Dec
Stocks of the Hour: Sarytogan Graphite, Ragusa Minerals, Eastern Resources
06 Dec 2022 - A snapshot of the stocks on the move, featuring Sarytogan Graphite (ASX:SGA), Ragusa Minerals (ASX:RAS) and Eastern Resources (ASX:EFE).
06Dec
Hotter than expected US data fuels rate concerns: Oil price becoming a geopolitical football
06 Dec 2022 - Stocks fell Monday on fears that the Federal Reserve may continue tightening until it steers the economy into a recession. While the war in Ukraine grinds on, Western countries have been debating how to curb Russia’s oil revenue without causing massive disruptions to energy markets. They think they landed on an innovative solution: starting last Friday the G7 and Australia will apply a price cap of $60/barrel on Russian oil.
05Dec
Stocks of the Hour: Pancontinental Energy, Arizona Lithium, Latin Resources
05 Dec 2022 - A snapshot of the stocks on the move featuring Pancontinental Energy (ASX:PCL), Arizona Lithium (ASX:AZL) and Latin Resources (ASX:LRS).
05Dec
US labour data resilient, as consumers spend their savings to fight inflation
05 Dec 2022 - Stocks cut much of their earlier losses Friday as investors looked past hotter-than-expected labour data to the upcoming Federal Reserve meeting. And it appears consumers are spending their savings to stay ahead of inflation. Data released by the Bureau of Economic Analysis released last week shows that the U.S. personal saving rate dropped in October to 2.3%.