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Amazon to pop 23% this year to near $800 billion value, says Wall Street’s new biggest bull on stock

January 16, 2018

Via: CNBC

Amazon stock will add to its historic run in 2018 thanks to its booming advertising business, according to a new bull on Wall Street. BMO Capital Markets raised its price target on Amazon to $1,600 from $1,200, the highest 12-month […]


Why falling bond prices are traditionally seen as bad for stocks

January 11, 2018

Via: CNBC

A sharp sell-off in bond markets this week spilled over into global equities with jitters that a near 30-year run bull run for fixed income could be coming to an end. Many investors are wary of the interplay between the […]


America could become oil king of the world in 2018

January 4, 2018

Via: CNN
Category: Energy, Industries

The United States is poised to ramp up crude oil production by 10% in 2018 to about 11 million barrels per day, according to research firm Rystad Energy. Surging shale oil output should allow the United States to dethrone Russia […]


Finance Tech, Trading

A key metric shows the stock market is at extreme levels that are the most stretched in 20 years

January 12, 2018

Via: Business Insider

The further an asset climbs, the more likely it is to fall back down. That’s the logic behind a technical indicator called the “relative strength index,” which Morgan Stanley says is the most stretched it’s been in 20 years when […]


Finance Tech, Industries, Others, Trading

Whoops, analyst downgrades Facebook stock hours after recommending it as shares tanked

January 12, 2018

Via: CNBC

One Wall Street analyst abruptly changed his view for Facebook shares within hours after seeing a big drop in the internet giant’s stock price. Facebook announced on Thursday major changes to the company’s News Feed. CEO Mark Zuckerberg said the […]


Industries, Retail & Wholesale

Walmart Is Boosting Its Starting Hourly Wage to $11 Because of Tax Reform

January 11, 2018

Via: Fortune

Wal-Mart Stores is boosting its starting hourly wage to $11 and delivering bonuses to employees, capitalizing on the U.S. tax overhaul to stay competitive in a tightening labor market. The increase takes effect next month and will cost $300 million […]