Limited supply in the global energy markets is lifting already bullish oil prices. Despite closing in the red Tuesday, Brent crude, the global oil benchmark, is near its highest level in three years and traded above $80 a barrel early in the day. It closed down 0.6% at $79.09 but is still up more than 50% in 2021. U.S. crude ended the day down 0.2% to $75.29 but has also…
Yesterday, 11,520 securities traded $2.5 Billion or 23 Million shares on the United States Over-The-Counter stock markets. There were several companies experiencing bullish momentum that could continue today. A shortlist for your radar includes: ILUS International Inc. (OTCMKTS:ILUS) FERN traded 36,957,036 shares on Monday closing up 15.96% at $0.4511. ILUS is a Mergers and Acquisitions company focussed on acquiring and developing technology-based companies globally. The company has already completed 3…
Over the past several years, a massive bull run has led to many stocks becoming overvalued, however, there are still many stocks under a dollar for value investors looking to find discounts and growth opportunities. In fact, Penny stock investing is on the rise, especially after the economic recovery started. Investors remain confident about the market’s recovery, with S&P 500 Index gaining over 34% in the last twelve months and…
Oil reached new highs overnight, Brent climbing over $79 and WTI over $74 respectively. The cause for this move is most likely due to a drop in demand with the Hurricane Ida fall out and a rise in demand as the Delta Variant COVID surge tails off. This caused yet another major investment bank to raise its forecast for the commodity, Goldman Sachs raised its year-end price target for Brent…
Oil is already up 48% on the year. Goldman Sachs recently updated their Brent crude forecast to $80 per barrel. Bank of America strategist Francisco Blanch is calling for $100 oil. In the US despite a general economic malaise fuel demand has recovered. In the last month, supply reached almost 21 million barrels per day, which is around the pre-pandemic peak in 2019. This rising demand is meeting a shrinking…
Yesterday, 12,894 securities traded $2.4 Billion on the United States Over-The-Counter stock markets. There were several companies experiencing bullish momentum that could continue today. A short list for your radar includes: Cyberlux Corporation (OTCMKTS:CYBL) CYBL traded a whopping 402,239,221 shares yesterday, closing up 12.5% at $0.036. Intraday the stock was up as much as 46%, some profit taking occurred bringing the price back to around the open price before the…
Not only did Allied Energy Corp. (OTCMKTS: AGYP) close today 21.06% higher at $0.6295, shares traded reached 794,430 — a flurry well above the 428,172 average. AGYP even touched $0.65 in intraday trading. The shorts are watching a boutique oil and gas firm which specializes in reworking and re-completing existing oil and gas wells that have proven reserves. AGYP has broken out of its $0.51 resistance point and is nearing…
RushNet Inc. (OTCMKTS: RSHN), with acquisition/merger target heliosDX, has announced an upcoming launch of the National Sales Campaign using Verb Technology Company Inc. (NASDAQ: VERB) interactive marketing and sales platform. heliosDX conducting national campaign to boost sales heliosDX will undertake a national campaign to boost brand recognition and sales. verbTeams is the newest technology that enables companies to grow sales, close ratios, cut costs, and expand their reach nationwide. With…
The airline company Stobart Air was forced to close its doors, with the consequent loss of 500 jobs and leaving hundreds of passengers on the ground at dozens of airports.
