Latest Updates on RIG
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Penny Stocks Grab This $4 Oil Penny Stock Before Oil Runs Higher Again
By Chris Johnson, Quantitative Specialist, Money Morning •
Chris Johnson picks out an oil penny stock that's ideally timed for a rally. Read more » -
Stocks Grab the Three Cheapest, Best Oil Stocks to Buy This Morning
By Mark Sebastian, Volatility Specialist, Money Morning • @OptionPit •
Oil is sitting at prices we haven't seen since 2018, and gas is averaging above $3.08 nationwide.You can more than offset the "pinch at the pump" with three small oil stocks Mark Sebastian's going to name.For less than the price of a … Read more » -
Trading Strategies Brace for More Fear and Panic on Wall Street as Markets Tumble
By Shah Gilani, Chief Investment Strategist, Money Morning • @ShahGilani_TW •
Monday's stock market declines weren't unexpected, though the extent of losses was shocking. Investors had been selling stocks for the previous two weeks on coronavirus fears, starting immediately after U.S. benchmark … Read more » -
Dow Jones The Dow Jones Today Will Blast Off Ahead of a Fed Rate Cut
By Money Morning Staff Reports, Money Morning •
The Dow Jones today will rise as markets fully anticipate the Federal Reserve will cut interest rates on Wednesday. However, several Fed members have openly questioned the logic of a rate cut of up to 50 basis points due to recent positive economic … Read more » -
Dow Jones Dow Jones Today Pops 50 Points After Caterpillar Reports Quarterly Earnings
By Garrett Baldwin, Executive Producer, Money Morning •
The Dow Jones today jumped 50 points on Monday morning as manufacturing giant Caterpillar Inc. reported stronger than expected earnings before the bell. Shares of Caterpillar 3.5% after the firm hiked its quarterly outlook and said that … Read more » -
Dow Jones Dow Jones Futures Rising as Epic Winning Streak Continues
By Garrett Baldwin, Executive Producer, Money Morning •
The Dow Jones futures are on the rise in premarket hours as the index aims to reach a 12-day winning streak. On Friday, the Dow gained 11 points in the final few minutes of the trading session and extended its gains for the 11th … Read more » -
Dow Jones Dow Jones Industrial Average Today Slides as Investors Focus on OPEC Details
By Garrett Baldwin, Executive Producer, Money Morning •
The Dow Jones Industrial Average today is down after OPEC has seemingly reached an agreement to stop excessive oil production. The details are murky, though, and it's not a guarantee that the agreement will be kept. Read more »