S&P 500 ends down as jobs data rekindles rate hike fear
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- Wall St set to snap three-day losing streak as stocks reclaim some shine
- Oil rises 1%, as US-Iran strikes risk limiting already impaired supplies
- Dell again lifts annual forecasts as AI demand powers record results
- Could Apple’s foldable iPhone be a $14B opportunity? Morgan Stanley weighs in
- Uber stock gains 2% as tech giant cuts 3,300 jobs in major restructuring
- GoPro to merge with Starman Optical in $285M recapitalization deal
- GoPro (GPRO) Halted, News Pending
- Wall Street ends lower as higher yields, rising oil prices mark shaky start to September
- Crude Inventory Fell 4.5M Barrels Last Week - EIA
- TScan cuts 75% of workforce, pivots to solid tumor cell therapy
JPMorgan's Kolanovic Says to Shift Allocations from Equities into Commodities
August 8, 2022 5:01 PM EDT
JPMorgan's Kolanovic Says to Shift Allocations from Equities into Commodities
The analyst comments "The impressive US employment report suggests businesses remain in expansion mode despite a number of drags. Given diminishing risks of a more negative shift in behaviour, low positioning in risky assets and widespread negativity in... More
Goldman Likes to Buy Calls on Stocks Which Underperformed S&P 500 in Recent Days (SPY)
August 5, 2022 9:37 AM EDTGoldman Sachs analyst Vishal Vivek comments "The average stock reporting earnings so far this quarter has traded up 0.8% on their earnings day. Investors that bought calls five days ahead of each earnings report have seen +38% average return on premium so far this earnings season. Looking ahead, we recommend buying... More
