The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better […]

The CEO of Chevron Corporation (NYSE:CVX), Mike Wirth, recently discussed the current dynamics of the oil industry, addressing the volatility of oil prices, capital expenditure strategies, and geopolitical challenges. What Happened: Wirth attributed the recent dip in West Texas Intermediate (WTI) crude oil prices, nearing $60 per barrel, to expected demand slowdowns and increased supply. He cited macroeconomic uncertainties, particularly tariff and trade […]

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page. Needham analyst Mike Matson upgraded the rating for Boston Scientific Corporation (NYSE:BSX) from Hold to Buy and announced a $113 price target. Boston Scientific […]

American Economist Jeffrey D. Sachs cautioned that the United States is likely once more steering the global economy toward catastrophe — signaled by last week’s staggering two-day, $10 trillion market-value drop. What Happened: “If something wipes out $10 trillion of Market CapEx in two days, you’re probably on the wrong track. The United States is […]

Investor Gary Black, the managing partner at the Future Fund LLC, has cautioned about impending “lasting damage to the economy” as consumers and businesses are expected to curtail spending ahead of the upcoming earnings season. What Happened: Black’s comments, made in response to CNBC’s Scott Wapner, highlight concerns stemming from recent bond market volatility and […]

Interactive Brokers Group, Inc. (NASDAQ:IBKR) founder Thomas Peterffy sees the recent tariff shock as a generational buying opportunity, not a reason for panic. What To Know: In an interview with Bloomberg, the 80-year-old billionaire dismissed criticism that President Trump’s 104% tariff hike on Chinese imports should have been phased in more gradually. Swift implementation is […]

Shell PLC (NYSE:SHEL) shares were trading lower in premarket on Monday after the company revised its first-quarter outlook. For the first quarter, it cut the guidance for production at Integrated Gas to around 910 – 950 thousand boe/d (vs. the prior outlook of 930 – 990 thousand boe/d) due to unplanned maintenance, mainly in Australia. Also, Shell revised the […]

AppLovin Corporation (NASDAQ:APP) shares were trading lower in premarket hours on Friday after the company confirmed it had submitted a preliminary expression of interest to the U.S. President regarding a potential acquisition of TikTok’s operations outside of China. “This indication of interest is preliminary and there can be no assurance that a transaction involving the […]

As of April 2, 2025, three stocks in the consumer discretionary sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices […]