nymarketxle
Earnings Outlook Softens In The Face Of Economic UncertaintyThe only thing certain about the S&P 500 (NYSEARCA:SPY) is that its value is based on the expectation of future earnings. In that light, an increase in the expectations for earnings should lift the market and a decline should make it fall. Looking at the latest figures from Factset, the outlook for earnings took a turn for the worse over the past week and points to another downdraft in equity prices. Not only has the outlook for Q2 softened but the analysts are also trimming their expectations for Q3, Q4, and even 2023 and we don’t th...
ValueWalk
WTI Rises Above $120 On Tightening SupplyThe case for higher Oil (NYSEARCA:USO) prices continues to strengthen and is now pushing WTI oil above the $120 mark. The latest news includes news from the EU of a partial ban on Russian imports. The ban will include most oil and gas products and would be put into place by the end of the year. Products delivered by pipeline are exempt due to opposition from Hungary, a country deeply dependent on Russian energy.Russia, understandably, fired back at the move saying it would find other buyers for its crude although who is still a question. The takeaway fo...
ValueWalk
For weekend reading, Louis Navellier, while commenting on the fossil fuel stocks, offers the following commentary: Q2 2021 hedge fund letters, conferences and more Unloved Fossil Fuel StocksAs the world’s technologies and investment capital pour into renewable sources – including solar, wind, biomass, hydropower, and tidal energy – Wall Street and most of the institutional and retail investment communities have lost that loving feeling for fossil fuel stocks. In fact, many investment funds have restricted the purchase of oil and gas stocks as ESG guidelines are added to their funds’ investment...
ValueWalk
閲覧を続けるには、ノアドット株式会社が「プライバシーポリシー」に定める「アクセスデータ」を取得することを含む「nor.利用規約」に同意する必要があります。
「これは何?」という方はこちら