Oil prices are surging – these eight stocks are still bargains for long-term investors

The combination of underinvestment in new oil wells and rising demand underscores what might be a long period of high prices for energy commodities. Meanwhile, many oil and gas stocks are still trading at low valuations to expected earnings despite a sector-wide rally stretching back to the end of 2020. Even though the energy sector … Read more

Oil prices are surging – these eight stocks are still bargains for long-term investors

The combination of underinvestment in new oil wells and rising demand underscores what might be a long period of high prices for energy commodities. Meanwhile, many oil and gas stocks are still trading at low valuations to expected earnings despite a sector-wide rally stretching back to the end of 2020. Even though the energy sector … Read more

This Wall Street legend has lived through every bear market since the 1950s. He says the one coming could hit the S&P 500 with a 30% loss

Bob Farrell, a 90-year-old retiree in Florida, is hardly a household name on Main Street. But on Wall Street, Farrell is an absolute legend. To say that Farrell has seen it all is an understatement. He has witnessed every bull-, bubble- and bear market since 1957, when he joined Merrill Lynch as an analyst trainee … Read more

Market’s 2022 Slide Has Already Changed Investor Behavior

The 2022 pullback in US stocks intensified last week, with stocks on Thursday staging their largest single-day decline since the onset of the pandemic. The plunge came just a day after Federal Reserve Chairman Jerome Powell appeared to clear the way for a stock rally by casting interest-rate increases larger than a half-percentage point as … Read more

Dow, S&P 500 Slide More Than 3% as Investors Reassess Fed Comments

The stock market took its biggest U-turn since the early days of the pandemic Thursday, with the Dow Jones Industrial Average posting its largest decline this year just 24 hours after its largest gain since 2020. The reversal wiped out the euphoria that reigned on Wall Street Wednesday in the wake of Federal Reserve Chairman … Read more

This trader predicted the bond meltdown, tech selloff and oil’s surge. Here’s what she says is coming next.

Fade the Fed anyone? Stock futures are headed south, following a big Wall Street rally stemming from perceptions Federal Reserve Chair Jerome Powell and co. may be less hawkish than markets think. A short-lived rally won’t be a huge surprise to some. After all, we’ve got 99 problems out there that aren’t exactly in the … Read more

This trader predicted the bond meltdown, tech selloff and oil’s surge. Here’s what she says is coming next.

Fade the Fed anyone? Stock futures are headed south, following a big Wall Street rally stemming from perceptions Federal Reserve Chair Jerome Powell and co. may be less hawkish than markets think. A short-lived rally won’t be a huge surprise to some. After all, we’ve got 99 problems out there that aren’t exactly in the … Read more

US stocks trade mixed as market awaits possibly the biggest Fed rate hike since 2000

US stock indexes traded slightly changed Wednesday midday, ahead of the outcome of a two-day Federal Open Market Committee meeting that is expected to deliver the first 50 basis-point interest rate hike since 2000. Oil prices were up on news that the EU has proposed a ban on Russian oil. How are stocks trading? The … Read more

Markets are primed for how Powell will respond to this key question on interest rates

How would you play two chess grandmasters, simultaneously? It isn’t that hard, even for someone whose opening game never developed beyond 1.e4. You let one grandmaster go first, use her move against the second grandmaster, see his reply, then use his move against the first grandmaster, and so on. Similarly, investors are at the point … Read more

US Stocks Turn Higher Ahead of Fed Meeting

US stock indexes rose Tuesday as investors geared up for the Federal Reserve’s policy decision this week and evaluated a batch of earnings. The S&P 500 climbed 0.7%, sustaining the momentum from a late rally that lifted stocks on Monday. The technology-focused Nasdaq Composite gained 0.2% while the Dow Jones Industrial Average was up 0.4%. … Read more