❤️🔥6th June : US Market Almanac for Stock Buying 🪙
In the midst of global chaos and conflicts, one thing that is uniting the countries is inflationary pressures and following interest rate hikes.
Let's take a snapshot of the most talked about stocks recently, Amazon's stock split will be front and center with all eyes on various other tech stocks as well. Oil stocks like Chevron (CVX) will also be jubilant that the Russian conflict has drawn closer to its final phases.
This week central banks of various countries have resorted to an increase in benchmark interest rates. In the US, investors will wait for the jobs data for May expected later in the day.
Economists see 328,000 jobs added in May, down 100,000 from April, according to a Dow Jones survey. Consensus estimates call for wages to rise by 0.4 percent, a faster pace than April’s 0.3 percent increase.
The Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia, known as OPEC+, agreed to raise output by 648,000 barrels per day (bpd) in July and 648,000 bpd in August. Russia’s onslaught in Ukraine is also front and centre, as well as the recent EU announcement of a partial ban on Russian oil imports.
Other US Stocks On Your Watchlist
PDC Energy (PDCE: With oil prices likely to soar on reduced global supply, PDCE can still build on its momentum.
Life Storage (LSI: Housing market dynamics could make this self-storage-focused real estate investment trust thrive.
Oshkosh (OSK: Specialty truck and military vehicle maker OSK could be one of the best mid-cap stocks to buy on escalating tensions.
Boyd Gaming (BYD: A gaming and hospitality firm, Boyd could benefit from broader travel desires.
Williams-Sonoma (WSM: WSM caters to a more affluent crowd, thus providing some economic insulation.
Lithia Motors (LAD: LAD has held up well because of the indispensable demand for personal transportation.
Avis Budget (CAR: Avis could benefit from heightened domestic travel demand.
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$Boyd Gaming(BYD)$
China-based electric-vehicle maker and battery giant BYD (BYDDF), lithium and fertilizer giant Sociedad Quimica Y Minra (SQM), bargain retailers Dollar General (DG) and Grocery Outlet (GO), and media and live events company World Wrestling Entertainment (WWE) are five stocks showing resilience amid a tough market environment.
$Amazon.com(AMZN)$
For all those Traders who have been through previous Stock Splits please advise here what you think AMZN price will be after Stock closing bell today ? Whatdya think? +15% or +25% or +50 and above%? Answers when you comment - $122 is probably start price after stock split;
Hey all, Pre-Market now for :
$Amazon.com(AMZN)$
How do you think the Stock will go, it's 52-week high was $3,773.08 which is $188.65 split-adjusted.
$Chevron(CVX)$
Shares of Chevron (CVX 0.38%) cooled off this morning, sinking 5.4% within the first 20 minutes of the market's opening.
Chevron's CEO just wrote a letter to President Joe Biden, and the president isn't happy. Oil prices, meanwhile, are taking a pretty sharp hit today.