Energy remains a sweet spot for investors. Here’s a list of ‘energized’ stocks to think about.
Consisting of 21 companies, the S&P 500 energy sector is tracked by the Energy Select Sector SPDR...
Consisting of 21 companies, the S&P 500 energy sector is tracked by the Energy Select Sector SPDR Fund XLE, -1.95%, up 41% so far this year, and 12% in the latest quarter. The S&P, meanwhile, is down 10%, but up more than 12% in the latest quarter.
Evercore has screened for what they call “energized energy” stocks — names from the Russell 3000 index RUA, +0.37% with high short interest that are down more than that index from the highs, with positive 2023 earnings per share revisions since the end of the second quarter.
Hurricane center begins tracking a system in the Caribbean
The National Hurricane Center has been jumping around the last few days tracking short-lived systems...
The National Hurricane Center has been jumping around the last few days tracking short-lived systems with the potential to form into a tropical depression or storm. Late Monday, the NHC began looking at the Caribbean Sea.
As of the NHC’s 8 p.m. Eastern time tropical update, a tropical wave located in the central Caribbean is forecast to move across Central America and emerge over the southwestern Gulf of Mexico where it could develop into the season’s next named system. The NHC gives the system a 20% chance of formation in the next five days.
Benchmark U.S. crude oil for September delivery...
Benchmark U.S. crude oil for September delivery fell $2.68 to $89.41 a barrel Monday. Brent crude oil for October delivery fell $3.05 to $95.10 a barrel.
Wholesale gasoline for September delivery fell 10 cents to $2.95 a gallon. September heating oil fell 8 cents to $3.44 a gallon. September natural gas fell 4 cents to $8.73 per 1,000 cubic feet.
'Big Short' investor Michael Burry sold all but one of his stocks last quarter — after warning an epic market crash is coming
Michael Burry, the investor of "The Big Short" fame, slashed his US stock portfolio to a single holding...
Michael Burry, the investor of "The Big Short" fame, slashed his US stock portfolio to a single holding in the second quarter, a Securities and Exchange Commission filing showed on Monday.
Burry's Scion Asset Management disclosed just over 500,000 shares of Geo Group, worth $3.3 million. Geo invests in private prisons and mental-health facilities and commands a market capitalization of less than $900 million.
Close followers of Burry are likely to interpret his decision to effectively liquidate his portfolio as a bad omen. The hedge-fund manager diagnosed the "greatest speculative bubble of all time in all things" last summer and said owners of meme stocks and cryptocurrencies were careening toward the "mother of all crashes."
JPMorgan CEO Jamie Dimon: 'Why can't we get it through our thick skulls?' America boosting oil and gas production is 'not against' climate change
JPMorgan CEO Jamie Dimon spoke to wealthy clients on a call Tuesday, Yahoo Finance ...
JPMorgan CEO Jamie Dimon spoke to wealthy clients on a call Tuesday, Yahoo Finance reported.
"We should focus on climate. The problem with that is because of high oil and gas prices, the world is turning back on its coal plants. It is dirtier," Dimon said on a client call Tuesday, per the Saturday report.
"Why can't we get it through our thick skulls, that if you want to solve climate [change], it is not against climate [change] for America to boost more oil and gas?" he continued, according to Yahoo.