I spoke with Dale Pinkert on market moves
Today I spoke with Dale at TradeGateHub on the current thinking in markets, why jobs are so important, what the seasonal trades are and what to watch for in Friday's jobs report.
Today I spoke with Dale at TradeGateHub on the current thinking in markets, why jobs are so important, what the seasonal trades are and what to watch for in Friday's jobs report.
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PRU's 5.2% drop & 1.3x debt/equity raise red flags despite 1x forward P/B.
Gas prices hit $4.12, up $1.14 since March 1, driven by Iran conflict. Expect $1/gal rise/month if conflict persists.
Oil prices hover near $110/bbl. CVX/XOM down 5% weekly, betting on a deal. Conflict could send crude to $150.
Corning's 223% 5-yr gain outpaced peers, but its 55x P/E may limit future returns.
Bitcoin briefly tops $70K on ceasefire hopes; Wall Street firms like MS & SCHW launch new crypto offerings.
SMRT's 19.8% sales drop & 122x EV/EBITDA valuation raise red flags. CNMD's slow growth & MBLY's sales decline signal caution.
UDMY, HLMN, UNM show high implied returns but face slowing growth & high P/E. Beware analyst bias!
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