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

January 16, 2018


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


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


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 […]