Racism: Roger Brown steps down as Seplat CEO, hands over to COO
Embattled CEO of Seplat Energy Plc, Roger Brown has stepped down from…
Silicon Valley Bank $SIVB Stock Slumps 60% as Some Investors Fear Bank Run
$SIVB stock price collapsed to the lows 2016, and after the market…
Racism: Seplat CEO Roger Brown’s visa, work permit revoked
The Minister of Interior, Rauf Aregbesola, has revoked the work permit, visa…
What I discussed with Tinubu – Elumelu
The Chairman of Heirs Holdings, Tony Elumelu, has given insight into his…
Euro Gains Versus the Dollar on Decreasing Volatility and climbing Yield Differential
On February 27th, a hotter than expected inflation number of 8.5% came…
Risk Gauge 03/06/2023 $VIX, US Dollar and US30Y Bonds on the Decline
Last week, the market closed in favor of risk on assets as…
$SPX Closes the Week Higher as Volatility Tanked and the US Dollar Declined
US equity indices regained some of the loses made over the last…
Crude Oil Poised for Weekly Gains as China Demand Continues
Oil is set to post weekly gains if it can close the…
US Government Warns Big Tech Companies not to take advantage of AI Hype
On Monday, the US Federal Trade Commission (FTC) issued a pretty strongly…
$SPX on the Cusp of Weekly Recovery Despite Resurgent Dollar Strength
"Correlation does not imply Causation" -Karl Pearson- $SPX, $VIX and Options…
Tesla’s ($TSLA) Stock Loses over 5% on Lukewarm Investor Day Show
The theme of Tesla's highly anticipated Investor Day was about how the…
How to Watch $TSLA Investor Day Live at 4PM EST
$TSLA, the electric vehicle maker will be streaming it's Investor Day event,…
$SPX and $WTI Gain on Strong Chinese PMIs and US dollar Pullback
Risk assets and commodities got a lift this week as China's PMIs…
Tesla $TSLA Primed for $32 Rally a Day Before Investor Day at Gigafactory
Investors will be excited to see what plans Elon Musk's Tesla have…
AMC Entertainment Holding Inc $AMC Share Price Surges +25% on Earnings Eve
AMC Entertainment Holding, Inc $AMC closed Monday bullish, a day before it's…
NextBridge Hydrocarbons Announces Successful Completion of 5 New Oil Wells, Says Shares Distribution Completed $MMTLP
Clifton DuBose, Jr., Next Bridge’s Chairman and Chief Executive Officer, stated, “We…
2 American businessmen fault South African authorities over handling of $100,000 fraud complaints
Two American businessmen say they are being stonewalled by South African authorities…
Risk Gauge (02/27/2023) $SPX, Industrial Metals bleed as USD and Bonds Rally
Dollar strength continues to gain strength and weakening stocks but will investors…
US Stock Indices Lose 11.45% on the Week as Dollar Strength Continues
The US stock markets bled this week as the US dollar continued…
ContextLogic Inc $WISH Trades Lower on Worse than Expected Q4 Sales Results
ContextLogic $WISH has so far erased most of the 17.88% rally it…
End of Day Market Report (02/23/2023)
S&P500 (SPX) +0.20% NASDAQ100 (NDAQ) +0.24% DOW JONES (DOW) +0.18% CRUDE OIL…
Nvidia (NVDA) Rallies +14% on the Day. What to Expect Next
Nvidia (NVDA) is up 42% this year, despite losing 50% last year.…
End of Day Market Report (02/22/2023)
The dollar continued to strengthen on strong US economic data today. The…
Spread of the Week (EURUSD moving towards Equities and Risk)
There are a plethora of data points for traders to peruse when…
End of Day Market Report (02/21/2023)
All the US equity indices extended their 4 day losing streak today…
Asia and Euro Area Composite Purchasing Managers Index (PMI) on the Rise as the UK shrinks
The composite PMI Output Index of a country tracks the business trends…
End of Day Market Report (02/17/2023)
Equities and Currencies The US dollar has had a lot of positive…
Goldman Sachs Projects 25 BPS Rate Hikes Each in March, May and June 2023
In their last note, economists at Goldman Sachs are now forecasting the…
End of Day Market Review (02/16/2023)
Equities It was a volatile day for US equities as the day…