Energy Technicals Pair Trade: Buy Chevron And Exxon, Sell Ensco And Transocean
The best way to play uncertainty in the Energy sector could be pair trading, according to Oppenheimer technical analyst Ari Wald.
The best way to play uncertainty in the Energy sector could be pair trading, according to Oppenheimer technical analyst Ari Wald.
The latest data from TickerTags indicates that a pair of big-name celebrity endorsements seems to be paying off for PUMA SE NPV PMMAF. Puma recently released new shoe collaborations with Rihanna and Kylie Jenner, and social media is now buzzing about both products.
Health insurers that offer private Medicare Advantage plans will be getting a better payment increase than many had expected next year. The U.S. recently decided on a 0.85 percent payment hike in 2017.
The first signs of oil-related housing market weakness may finally be starting to show in regions of the country that have high exposure to the U.S. oil industry. According to Goldman Sachs analyst Hui Shan, the labor markets in Arkansas, Louisiana, Montana, North Dakota, Oklahoma, Texas, West Virginia and Wyoming have finally started to diverge…
In his newest “Gartman Letter,” Dennis Gartman addressed the impact the Panama Papers could have on prominent politicians and business leaders around the world. Gartman is convinced that the leaked documents allegedly showing improper use of Panamanian bank accounts will end up being the top story of 2016.
With World Wrestling Entertainment, Inc. WWE 1.31%’S Wrestlemania 32 in Dallas, Texas, right around the corner this weekend, Forbes has released a new list of the company’s top-earning talent. All the performers get a cut of the Wrestlemania revenue and get a percentage of merchandise sales, but Forbes compiled a list of the ten talents with…
Oil investors had high hopes for this month’s international meeting of leading OPEC and non-OPEC oil producers, who will reportedly be discussing a plan to freeze global oil production. Rumors surrounding the meeting have been driving a huge rally in crude oil prices after they hit their lowest point in more than 10 years in…
In the 18 months since Fantex Holdings announced its first publicly-traded “athlete-tracking stock,” a way for sports fans to invest in NFL tight end Vernon Davis, Fantex has added five more athletes to its list of tracking stocks.
Marvell Technology Group Ltd. MRVL 1.59% is down 3.7 percent in Friday trading after the company disclosed that it will be missing the deadline for submission of its 10-K regulatory filing. The company also reported that it expects its fiscal 2016 net revenue to fall “significantly lower” than its 2015 totals.
Simmons & Company has initiated coverage in the Master Limited Partnership (MLP) space and named its top MLP plays. According to analyst Brian Gamble, the huge investor outflow from MLPs in the past couple of years has created a handful of major value opportunities in the space.