Lower and not showing much of a recovery. But the Market Services number, it came in below estimates. Definitely trepidation in the markets today. In the u. S. Economy in particular. That being said, not that much of a selloff today. More like a pause. If you take a look at the bloomberg, sectors on the move. Materials are performing the best. Tech arere and weighing down the major averages the most. In terms of the commodities, i wanted to take a look at natural gas and oil. Natural gas has been in focus. It is trading at a 17 year low. We did have a brief turnaround after the report, it showed a drawdown in gas inventories but once again, it did turn lower. Oil prices had a Similar Movement to natural gas. We size come down and now, it looks like little change on the energy front. Even as Energy Shares continue to show gains. Commodity with a killer breakout is gold. We actually are calling for a historic breakout in the market according to that nugents agency to that news agency. Ba
Sandra nicole. The bells are ringing on wall street. Lets look how stocks are finishing off the dow off the lows of the session. Down 51 points for the day. S p 500, which had been at five years highs. It is at 1461, down five points on the day. Techheavy nasdaq down three points the record winning russell 2000 late, fell 4 points. Ashley we cut that in half almost. Despite a small move to the upside by oil today. Called it a pop of 10 cents, energy bear, efy, outperforming today the leveraged etf makes a triple bearish bet on energy market, a trifecta if you like. Sandra a new report out from fannie mae giving a lift to two housingrelated plays, sill yo and trillo. 40 of the people think home prices will go up in the new year. Earnings season about to kick off. We have an analyst from Thomson Reuters with three stocks, he said, ashley will beat. He has three stocks that he thinks will beat earnings estimates. They may surprise you. Ashley get a pen and paper. Write them down. The Coll
Evermore Global Value Fund, managed by Evermore Global Advisors, an investment advisor, released its first quarter 2023 investor letter. A copy of the same can be downloaded here.
Evermore Global Value Fund, managed by Evermore Global Advisors, an investment advisor, released its first quarter 2023 investor letter. A copy of the same can be downloaded here.