POSCO PKX is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for PKX broke out above the 200 Day Simple Moving Average, suggesting a short-term bul
SPX Corporation SPXC is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for SPXC broke out above the 200 Day Simple Moving Average, suggesting a sh
U.S. stock exchanges have put New Jersey on notice: Pass a financial transaction tax and they will relocate their primary data centers, where billions of dollars of trades are executed daily - possibly to Chicago.
ArcelorMittal stock (NYSE: MT) increased 10.5% in a day on September 28, 2020. This was after the announcement of Cleveland-Cliffs deciding to buy ArcelorMittal’s US operations in a $1.4 billion cash and stock deal, expected to close later this year. ArcelorMittal will recei
We believe there may be a good opportunity with Altria stock (NYSE: MO) at the present time. MO trades at $39 currently and is in fact down 16% so far this year. It traded at a pre-Covid high of close to $44 in February, and is still 11% below that level now. MO stock has gain
We started with a simple question about Charles Schwab Stock (NYSE: SCHW). Given a certain drop or rise, say a 5% drop in a week, what should we expect for the next week? Is it very likely that SCHW will recover next week? What about the next month or a quarter?
Gene therapy – which aims to treat diseases by essentially inserting a gene into a patient’s cells rather than via drugs or surgery – was a hot trend in the biotech space, but investor interest in the sector appears to have died down considerably, on account of high R&am
Investors turned bearish on the Thai baht for the first time in two months, highlighting concerns over the pace of recovery in Southeast Asia's second-largest economy through the COVID-19 pandemic and a domestic political crisis.
We believe Owens & Minor stock (NYSE:OMI), a global healthcare logistics company, could continue to rally in the near term. OMI stock trades at $22 currently, rising a whopping 4x since the beginning of the year. It traded at a pre-Covid high of $7 in February, and it i
We believe there may be better investment places for your money than Norfolk Southern stock (NYSE:NSC) at the present time. NSC stock trades at $221 currently and it has gained 16% in value so far this year. It traded at a pre-Covid high of $207 in February, and it is at sligh
FedEx stock (NYSE:FDX) lost more than 30% – dropping from $155 at the beginning of the year to below $112 in late March – then spiked 127% to around $254 now. That means it’s now 64% higher than where it started the year!
After rallying nearly 70% since the price seen on March 23, we believe Workday Inc. stock (NASDAQ: WDAY) has little upside left. The stock has rallied from $127 to $215 gaining more than the broader S&P 500 index, which moved 47%. One of the reasons for the high recovery w
Despite an almost 80% rise since the March 23 lows of this year, at the current price of around $59 per share, we believe Cubic stock (NYSE:CUB), best known for its diversified systems and services for the transportation industry worldwide, has more room for growth. CUB stock
We believe there may be better opportunities than Verizon stock (NYSE: VZ) at the present time. VZ trades at $59 currently and is at par with the levels seen at the beginning of this year. It traded at a pre-Covid high of $60 in February and has almost fully recovered to that
Russian manufacturing activity contracted in September after one month of growth, hit by a fall in new orders due to weak demand, a survey showed on Thursday.
India's factory activity expanded at its fastest pace in over eight years in September as a relaxation in coronavirus lockdown restrictions drove a surge in demand and output, a private survey showed on Thursday, though layoffs continued.
Australia's central bank will likely hold key rates at a record low 0.25% at its monthly policy meeting on Tuesday, according to 36 economists polled by Reuters, though an overwhelming majority expect a cut in November.
Japan's factory activity posted its longest streak of declines on record in September, a private sector survey showed on Thursday, highlighting the struggle policymakers face to put the coronavirus-ravaged economy on a firm recovery path.
Most major housing markets won't keep up with consumer price inflation in 2021 and are faced with multiple downside risks despite rising strongly this year amid the coronavirus pandemic and rock-bottom interest rates, Reuters polls showed.