Source: PaxForex Premium Analytics Portal, Fundamental Insight Chevron stock has rallied sharply this year. They have soared 50%, recently hitting an intraday high of $177.93 a share. That's an impressive result given the sell-off in the broad market, where the S&P 500 is down nearly 15% this year. Even if Chevron stock has never been higher, that doesn't mean it can't keep rising. Here's a look at the bullish and bearish arguments for buying this oil company's stock right now. Rising oil prices have been a major...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The German Import Price Index for April is predicted to increase 2.0% monthly and 32.0% annualized. Forex traders can compare this to German Import Price Index for March, which rose 5.7% monthly and 31.2% annualized. The Swiss KOF Leading Indicator for May is predicted at 102.3. Forex traders can compare this to the Swiss KOF Leading Indicator for April, reported at 101.7. The Preliminary Spanish Harmonized CPI for May is predicted to rise 0.8% monthly and 8.2% annualized....
Source: PaxForex Premium Analytics Portal, Fundamental Insight Investors can't get over the performance of the U.S. telecommunications giant AT&T. The share price has fallen by almost 16% compared to a decade ago, and this is enough for most to declare the stock "dead". The business was focused exclusively on telecommunications, then became a media conglomerate. It just became a telecommunications company again when it spun off its media assets into Warner Bros. Discovery. None of this seems to make sense to the market....
Source: PaxForex Premium Analytics Portal, Fundamental Insight Financial markets are on the cusp of having a bullish week following eight weeks of selling. Traders should remain cautious, as this has all the signs of a bear market rally, with economic conditions weak or weakening, inflationary pressures high, most central banks tightening monetary policy, and corporate earnings suggesting more weakness ahead. Yesterday’s US GDP downward revision to reflect a moderately deeper first-quarter contraction reminded traders that recession...
Source: PaxForex Premium Analytics Portal, Fundamental Insight If you follow Apple from an investment perspective - and even if you don't - you probably already know that most of its revenue comes from iPhone sales. That's why analysts covering the tech giant are constantly speculating about how many iPhones it will be able to deliver in any given year. In addition, of course, Apple also sells iPads, Macs, Apple Watches, AirPods, Apple TVs, HomePods, and other devices. However, an analysis of Apple's hardware sales provides...
