Oil prices are surging – these eight stocks are still bargains for long-term investors

The combination of underinvestment in new oil wells and rising demand underscores what might be a long period of high prices for energy commodities. Meanwhile, many oil and gas stocks are still trading at low valuations to expected earnings despite a sector-wide rally stretching back to the end of 2020. Even though the energy sector … Read more

Ukraine Reduced Russian Gas Flowing to Europe Through Key Pipeline

Ukraine reduced flows of Russian natural gas through its territory to Europe, sending prices higher amid the continent’s still-precarious reliance on Russian fossil fuels. Within hours, though, enough gas was moving through an alternative route that prices fell back down again, ending essentially flat on the day. The continued flow suggested some gas had been … Read more

Oil prices are surging – these eight stocks are still bargains for long-term investors

The combination of underinvestment in new oil wells and rising demand underscores what might be a long period of high prices for energy commodities. Meanwhile, many oil and gas stocks are still trading at low valuations to expected earnings despite a sector-wide rally stretching back to the end of 2020. Even though the energy sector … Read more

Here’s the case for buying Netflix’s stock now

Netflix Inc. has become a value stock – a bargain, according to Charles Lemonides, chief investment officer at ValueWorks in New York. During a year that has featured a re-rating for so many rapidly growing companies that had been trading at lofty valuations to earnings, Netflix Inc. NFLX, + 4.75% has fallen enough to make … Read more

Stocks Return Early Gains After Selloff Sends Indexes to 2022 Lows

US stock indexes rebounded early Tuesday, before handing back some of their early gains, following three days of punishing declines. The S&P 500 was up 0.4% in morning trading, a day after the broad index slumped 3.2% to its lowest level for the year. The technology-heavy Nasdaq Composite rose 0.6% while the Dow Jones Industrial … Read more

Stocks Slide to Lowest in 2022 as Rout Continues

The most punishing market selloff in years showed no signs of abating Monday, with US stock indexes sliding to new lows for 2022 and other assets, like oil and bitcoin, tumbling as well. Few believe a recession is imminent. The labor market has continued to add jobs at a rapid clip. Wages are climbing, and … Read more

Market’s 2022 Slide Has Already Changed Investor Behavior

The 2022 pullback in US stocks intensified last week, with stocks on Thursday staging their largest single-day decline since the onset of the pandemic. The plunge came just a day after Federal Reserve Chairman Jerome Powell appeared to clear the way for a stock rally by casting interest-rate increases larger than a half-percentage point as … Read more

US stocks end lower after jobs data, as S&P 500 suffers its longest losing streak since 2011

All three major US stock benchmarks closed lower Friday, each booking another week of losses, as investors weighed April jobs data amid heightened stagflation fears. The S&P 500 fell for a fifth straight week, its longest losing streak since June 2011, according to Dow Jones Market Data. How did stock indexes perform? The Dow Jones … Read more

US stocks trade sharply lower after jobs data, extending steepest fall since 2020

US stocks are trading sharply lower Friday afternoon, as investors weigh April jobs data amid heightened stagflation fears, after the biggest daily drop since 2020 on Thursday. How are stock-index futures trading? The Dow Jones Industrial Average DJIA fell nearly 357 points, or 1.1%, to 32,641, but off its session low. The S&P 500 SPX … Read more

Dow, S&P 500 Slide More Than 3% as Investors Reassess Fed Comments

The stock market took its biggest U-turn since the early days of the pandemic Thursday, with the Dow Jones Industrial Average posting its largest decline this year just 24 hours after its largest gain since 2020. The reversal wiped out the euphoria that reigned on Wall Street Wednesday in the wake of Federal Reserve Chairman … Read more