4.50k followers • 21 symbols Watchlist by Yahoo Finance
Follow this list to discover and track stocks that have been overbought as indicated by the RSI momentum indicator within the last week. A stock is overbought when the RSI is above 70. This list is generated daily, ranked based on market cap and limited to the top 30 stocks that meet the criteria.
E. I. du Pont de Nemours and Company
Energy Transfer LP
Consumers Energy Company
Hyatt Hotels Corporation
Prosperity Bancshares, Inc.
Under Armour, Inc.
Under Armour, Inc.
Continental Resources, Inc.
Cenovus Energy Inc.
Manhattan Associates, Inc.
Marathon Oil Corporation
Parsley Energy, Inc.
OneMain Holdings, Inc.
Sabra Health Care REIT, Inc.
MGIC Investment Corporation
WPX Energy, Inc.
Casella Waste Systems, Inc.
(Bloomberg) -- Parsley Energy Inc., one of two shale drillers pushing Texas to coordinate a statewide cut among all producers, said the 20% curtailment they’ve proposed may not be enough to buoy oil prices.Chief Executive Officer Matt Gallagher said Tuesday in a Bloomberg TV interview he’s willing to reduce his own company’s oil output by 20% if others agree to the same deal and has already started shutting in about 400 “lower-producing wells.” But America’s biggest oil-producing state can’t be the only one curbing supply to solve a global problem of low crude prices, he said.“Canada, Norway, Mexico, Brazil and of course the Big Kahuna, OPEC+, need to come to an agreement,” Gallagher said. Absent a globally coordinated cut, “the service sector would be absolutely crushed and devastated,” leaving American oilfield jobs to move abroad, he said.Oil explorers large and small from around the world are grappling with a plunge in crude prices brought on by a global pandemic and a battle for market share between Russia and Saudi Arabia. Exxon Mobil Corp. announced Tuesday a 30% spending cut, the second-biggest in its modern history, while closely held Texland Petroleum LP has already begun reducing its own output in the Lone Star State. Saudi Arabia and Russia are closing in on an agreement to curb output, according to delegates involved in the talks.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Russia on Tuesday confirmed its participation in the meeting of leading oil producers set for April 9, joining Saudi Arabia and the rest of the OPEC members. The conference, due to be held via a video link, had been initially scheduled for April 6 but was delayed amid a war of words between Russia and Saudi Arabia. "Oil prices are holding their ground with market expectations building on an agreement for an output reduction of 10 million barrels per day (bpd), or at least close to 10 million bpd," BNP Paribas (PA:BNPP) analyst Harry Tchilinguirian told the Reuters Global Oil Forum.
Zacks.com featured highlights include: The Trade Desk, Sina, Casella Waste Systems, Cinemark and National Oilwell Varco
Domestic drillers may continue to lower rigs in oil patches since global energy demand has declined drastically owing to the coronavirus pandemic.
Under Armour (UAA) decides to lay off teammates and temporarily cut salary to combat challenges stemming from the pandemic. Also, its restructuring plan is approved.
The coronavirus pandemic surged past 1.03 million cases and 54,000 deaths Friday. The U.S. leads the world, with more than 257,000 cases and more than 6,500 deaths.
Figuring out bloated toxic stocks on a consistent basis and discarding them at the right time is important for safeguarding your portfolio.
An expected slowdown in the customers' upstream businesses in both North American and International markets is likely to hurt Schlumberger's (SLB) profits.
The analysts covering Cenovus Energy Inc. (TSE:CVE) delivered a dose of negativity to shareholders today, by making a...
To the annoyance of some shareholders, Manhattan Associates (NASDAQ:MANH) shares are down a considerable 31% in the...
Investors need to pay close attention to Continental Resources (CLR) stock based on the movements in the options market lately.
Can Donald Trump achieve what OPEC itself couldn’t? The U.S. president’s tweets on Thursday that he expected Saudi Arabia and Russia to resume production cuts sent a market battered on demand destruction and a supply gut soaring about 25% in early New York trade. "Just spoke to my friend MBS (Crown Prince) of Saudi Arabia, who spoke with President Putin of Russia,&I expect&hope that they will be cutting back approximately 10 Million Barrels, and maybe substantially more which, if it happens, will be GREAT for the oil&gas industry!" Trump said in his first of two tweets on the matter.
Market forces rained on the parade of Arconic Inc. (NYSE:ARNC) shareholders today, when the analysts downgraded their...
Unfortunately for some shareholders, the Prosperity Bancshares (NYSE:PB) share price has dived 33% in the last thirty...