$BHP Group Ltd(BHP.AU)$$ASX Ltd(ASX.AU)$$Energy Select Sector Index(.SIXE.US)$$Energy ETF(LIST2724.US)$ BHP will accelerate the start of a $5.7 billion potash project in Canada as high gas prices and curbs on key exporters disrupt fertilizer supply chains. The world’s top miner, which is entering production of the crop nutrient to add exposure to population growth, has been searching for ways to speed up the project as the long-term outlook for ...
Major averages have all registered solid gains for October. The Dow and the S&P 500 are both up more than 5%, while the Nasdaq Composite has climbed 4.4% month to date. $S&P 500 Index(.SPX.US)$$SPDR Dow Jones Industrial Average Trust(DIA.US)$$Invesco QQQ Trust(QQQ.US)$$Energy ETF(LIST2724.US)$Leading the October rally in the broader market has been the energy sector, which is up 11% this month. Industrials, real estate, materials and financials have all popped at least 7% over the same period. “Transports, consumer discretionary, and large-cap tech have led the market higher these past two weeks, signaling that growth worries around supply chain constraints are beginning to fade,” said Lindsey Bell, chief investment strategist at Ally Invest.
$Energy ETF(LIST2724.US)$Will Russia shutting down work for a week send energy prices futures soaring? Already in a supply bottleneck anyone got a opinion on this? Putin is sending the workforce to shutdown for a week due to spike in covid deaths and with energy prices already high so does this effect it more? Anyone happen to know about energy market cause if so surely this will effect certain equities thank you
$Copper(LIST2510.US)$$Lockheed Martin(LMT.US)$$Energy ETF(LIST2724.US)$I put a lot into various oil companies. Those plays were made before the current energy crisis and before people started to think "transitory" inflation will last a lot longer than expected. I am basically banking on the improved cash flows from oil at moderate prices will eventually be reflected in the stock prices. These much higher prices are a blessing. The money I have allocated to diversified ETFs has 12.5% devoted to a commodities ETF that contains a mixture of energy, precious metals, industrial metals, farm products, etc. It looks to me that as inflation bites and people struggle to buy essentials then there will be less discretionary spending. Margins will be squeezed for many companies as the resist raising prices. The lowest cost producers of essential goods might be a good play, and a defensive one.
$Energy ETF(LIST2724.US)$Last night, Republicans refused to pass a bill to avert a government shutdown and raise or suspend the debt limit to prevent the US from defaulting on its debts. Chris Beauchamp, Chief Market Analyst at IG Group, said “the prospect of higher energy prices, fueling inflation, and rises in bond yields appear to be pre-empting tighter monetary policy by central banks, have prompted widespread selling across global stock markets. Like yesterday, it is the highly-valued growth stocks that have taken the brunt of the selling, as investors fret that a lower growth, tighter policy environment will hurt these previous star performers.”
$Energy ETF(LIST2724.US)$Due to rising energy costs in Europe, 2 more UK energy providers shut down yesterday, leading to more than 1.5M UK households switching energy suppliers. Although companies are requesting help from the UK government, the government has stated it will not happen. Note: In total, 7 UK energy businesses went out of business since August
$Alibaba(BABA.US)$$Energy ETF(LIST2724.US)$ According to the Financial Associated Press, the US S&P 500 Index closed higher this Monday, ending last week’s five consecutive trading days of decline. At the same time, along with the decline in technology stocks, the Nasdaq has weakened for the fourth consecutive trading day. In this regard, JP Morgan Chase strategists headed by Marko Kolanovic said that investors' panic in seeking security in the field of technology stocks has been excessive for a while, and the drag on the economic outlook caused by the mutant delta strain may be short-lived. Although JP Morgan Chase strategists agree that the reopening of the global economy has been delayed due to the recent surge in new coronavirus cases, the investment bank predicts that the spread of the delta mutant virus is likely to have reached its peak, and it will subside in the U.S. and globally. . Kolanovic and his colleagues suggested in a client report that investors should now consider reducing their exposure to technology stocks and increasing their holdings in energy stocks and other companies that are more sensitive to economic performance. Article excerpted from the US Stock Research Agency
Analysts at Jefferies expect volatility will remain in the sector for some time, but, in a note last month upgraded its targets for BHP – to 3,100p from 2,500p.
Looking across the sector, the Jefferies mining team said: While iron ore shipments fell in the first quarter of 2022, ...
BHP will accelerate the start of a $5.7 billion potash project in Canada as high gas prices and curbs on key exporters disrupt fertilizer supply chains.
The world’s top miner, which is entering production of the crop nutrient to add exposure to population growth, has been searching for ways to speed up the project as the long-term outlook for ...
$S&P 500 Index(.SPX.US)$ $SPDR Dow Jones Industrial Average Trust(DIA.US)$ $Invesco QQQ Trust(QQQ.US)$ $Energy ETF(LIST2724.US)$ Leading the October rally in the broader market has been the energy sector, which is up 11% this month. Industrials, real estate, materials and financials have all popped at least 7% over the same period.
“Transports, consumer discretionary, and large-cap tech have led the market higher these past two weeks, signaling that growth worries around supply chain constraints are beginning to fade,” said Lindsey Bell, chief investment strategist at Ally Invest.
Putin is sending the workforce to shutdown for a week due to spike in covid deaths and with energy prices already high so does this effect it more? Anyone happen to know about energy market cause if so surely this will effect certain equities thank you
The money I have allocated to diversified ETFs has 12.5% devoted to a commodities ETF that contains a mixture of energy, precious metals, industrial metals, farm products, etc.
It looks to me that as inflation bites and people struggle to buy essentials then there will be less discretionary spending. Margins will be squeezed for many companies as the resist raising prices. The lowest cost producers of essential goods might be a good play, and a defensive one.
Chris Beauchamp, Chief Market Analyst at IG Group, said “the prospect of higher energy prices, fueling inflation, and rises in bond yields appear to be pre-empting tighter monetary policy by central banks, have prompted widespread selling across global stock markets. Like yesterday, it is the highly-valued growth stocks that have taken the brunt of the selling, as investors fret that a lower growth, tighter policy environment will hurt these previous star performers.”
According to the Financial Associated Press, the US S&P 500 Index closed higher this Monday, ending last week’s five consecutive trading days of decline. At the same time, along with the decline in technology stocks, the Nasdaq has weakened for the fourth consecutive trading day. In this regard, JP Morgan Chase strategists headed by Marko Kolanovic said that investors' panic in seeking security in the field of technology stocks has been excessive for a while, and the drag on the economic outlook caused by the mutant delta strain may be short-lived.
Although JP Morgan Chase strategists agree that the reopening of the global economy has been delayed due to the recent surge in new coronavirus cases, the investment bank predicts that the spread of the delta mutant virus is likely to have reached its peak, and it will subside in the U.S. and globally. .
Kolanovic and his colleagues suggested in a client report that investors should now consider reducing their exposure to technology stocks and increasing their holdings in energy stocks and other companies that are more sensitive to economic performance.
Article excerpted from the US Stock Research Agency
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