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 …
Stock Market Dips Ahead of Election and Failed Coronavirus Stimulus Bill Read More »
Oil prices climbed up as investors reacted positively to the health improvement of US President Donald Trump. The price rose to the 42.45 area but the dynamics have slowed down now, as the market has come under the influence of several opposite factors. However, the …
Gold prices rose, reversing most of its previous session losses, supported by a weaker dollar and expectations that the U.S. Federal Reserve will adopt a dovish stance at its two-day monetary policy meeting later this week. Spot gold was trading 0.4 percent up at $1,948.46 …
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 …
VelocityShares 3x Long Crude Oil ETNs Crashes. UWT Stock Closes. Read More »
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, …