Range Resources Corp. (RRC) is a natural gas and petroleum producer headquartered in Fort Worth, Texas. Currently trading at $9.98, the company’s share price has fallen 46% since its 2018 high on October 10th. This fall in share price is correlated to a similar fall in WTI Crude Oil over this same time period. Since … Continue reading Range Resources Is Positioned To Take Advantage Of An Increase In WTI Crude Price
Over the last month gold has made a strong recovery. After briefly surrendering its position as the most valuable metal to palladium just last week it has rebounded and is once again the most expensive metal. Following a YTD low of $1167 in mid-August, the price of metal has increased by 7%. In this same … Continue reading Chart of the Week – Gold
In a rough day for markets the Dow lost nearly 800 points and all three major indices featured greater than 3% losses. This major market sell-off was the result of uncertainty regarding the trade agreement between President Trump and Chinese President Xi as well as an inversion in the yield curve. Another small contributing factor … Continue reading Dow Loses Nearly 800 Points Upon Prospect of Persisting Trade Tensions
Zedge, Inc. (ZDGE), a New York company founded in 2008, is an online database for artists to create and sell content. This content is in the form of digital images, video wallpapers, audio files, ringtones, and more. The app allows artists to get e-commerce exposure and profit off their creations. The app can be described … Continue reading Chart of the Week – Zedge, Inc.
When the Fed meets from December 18-19, it is expected that they will increase interest rates yet again. This will continue the trend that began in late 2015 which has featured eight interest rate hikes. The question is now if the Fed will increase interest rates once or twice by March 2019. Powell and the … Continue reading Chart of the Week – Federal Funds Rate
As October came to a close many thought that the market downturn was behind us and the future was profitable. However, thus far in November we have seen more losses and this can mostly be blamed on declining oil prices, global growth pessimism, and poor performance by the FAANG stocks. This group of FAANG stocks … Continue reading Chart of the Week – FAANG
Crude oil has officially reached bear market territory after a month of over 20% loss in price per barrel. A barrel of crude oil currently costs $61.57 which marks the lowest price since March. As a common indicator of global economic health, the low price of oil has struck fear in many investors as they … Continue reading Chart of the Week – Oil