These stocks are overbought and could be due for a pullback
Wall Street is hoping to enter the last full month of trading in 2023 on a high note. On Friday, all three major indexes rose for the fourth consecutive week. …
ConocoPhillips
Morgan Stanley’s Mike Wilson on Magnificent 7 in 2024
Much of the gains in the S & P 500 this year can be attributed to the “Magnificent Seven” stocks. The group comprises Apple , Amazon , Alphabet , Meta …
Goldman thinks oil is headed higher again and touts an options trade
The recent pullback in crude has made call options on U.S. oil an attractive hedge against continued geopolitical and inflation risks that could push prices higher, according to Goldman Sachs. …
Oil giant Chevron agrees to buy rival Hess for $53B
Chevron is buying Hess Corp. for $53 billion and it’s not even the biggest acquisition in the energy sector this month as major producers seize the initiative while oil prices …
California Is Suing Big Oil Over Climate Change
Officials have filed a suit against five major oil companies in the state for damages related to climate change. My First Car: Luke Evans and his Loaned Land Rover Governor …