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Trump Media, Reddit, Devon Energy, Super Micro Computer, And Tesla Buzzing Among Investors On Election Day
Tuesday, November 5, 2024 - 10:37pm | 696On Election Day 2024, major U.S. indices ended on a positive note. As the election results began rolling in, Dow Futures jumped nearly 400 points. For the day, the Dow Jones Industrial Average rose 1.02% to close at 42,221.88, the S&P 500 increased 1.23% to 5,782.76, and the Nasdaq climbed 1.4...
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Morgan Stanley Rethinks E&P Stocks, Slashes Estimates For Crude Oil
Friday, September 4, 2015 - 7:57am | 429The Energy Select Sector SPDR (NYSE: XLE) has declined 18 percent this year and 34 percent in the past 52 weeks. Following an energy summit this week, Morgan Stanley analysts are revising lower their estimates for WTI and Brent Crude Oil, particularly in 2017. In 2017, Morgan Stanley now...
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J.P. Morgan Updates Devon Energy Model For 10-K
Monday, April 4, 2011 - 8:09am | 100According to J.P. Morgan, Devon Energy (NYSE: DVN) model is updated for 10-K. J.P. Morgan reported that it is updating our NAV and price target based on YE10 proved reserves. “Further, we are adjusting our earnings and cash flow estimates based on marked-to-market 1Q11 commodity prices and the...
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Divergences Galore; Market Remains Indecisive (USO, UNG, APA, DVN, RRC, GAS, X, MT, AKS, NUE, FCX, NEM)
Thursday, March 31, 2011 - 4:50pm | 640Thus far, this trading week has been full of reversals and divergences mainly emanating out of the materials and commodities sectors. Traders and investors seem to be unsure as to where the market should be and in what direction it should head. For example, after disappointing inventory data,...
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Natural Gas Names Holding Up (RRC, APA, DVN, GAS)
Thursday, March 31, 2011 - 10:57am | 149Despite a 3% collapse in natural gas futures, shares of natural gas companies are holding up well in today's trading action. Apache Corp (NYSE: APA), Devon Energy (NYSE: DVN), Range Resources (NYSE: RRC), and Nicor (NYSE: GAS) are all showing signs of strength in the midst of the selloff; perhaps...