Commodities

Stock Market Dips Ahead of Election and Failed Coronavirus Stimulus Bill

s&p 500 chart 10-27

US Dollar prices are climbing up, despite the disappointment of investors with the situation with the financial stimulus package for the economy and the increase in the number of COVID-19 cases. Contrary to market expectations, a compromise on measures to support the US economy was …

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VelocityShares 3x Long Crude Oil ETNs Crashes. UWT Stock Closes.

uwt stock lawsuit

VelocityShares 3x Long Crude Oil (UWT) is an exchange-traded note (ETN) issued by Citigroup Global Markets Holdings Inc. It is currently trading at $0.23 but was trading over $45 in 2018. It is one of many stocks that have been recently walloped by the Saudi …

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Why Chesapeake (CHK) is Filing Bankruptcy

Chesapeake CHK Stock Chart Bankruptcy

Chesapeake Energy Corp. (NYSE: CHK) just threw out its outlook and dramatically reduced its $8.5 billion in assets. This has caused the stock to drop significantly because CHK investors are worried about the company filing bankruptcy. Chesapeake also withdrew its 2020 forecast, published in February, …

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