|Day Low/High||9.45 / 9.79|
|52 Wk Low/High||8.68 / 16.66|
Here are Wednesday's top research calls, including new coverage of Advanced Micro Devices and Transocean, upgrades for Clovis Oncology and ConocoPhillips, and a downgrade for Disney.
The most recent short interest data has been released for the 04/28/2017 settlement date, and we here at Dividend Channel like to sift through this fresh data and order the underlying components of the S&P 500 by "days to cover." There are a number of ways to look at short data, for example the total number of shares short; but one metric that we find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares typically traded. The number of shares short is then compared to the average daily volume, in order to calculate the total number of trading days it would take to close out all of the open short positions if every share traded represented a short position being closed.
Consumers are far less likely to splurge on a large purchase than they might otherwise be.
U.S. stock futures decline and European shares trade lower following disappointing earnings from Apple and as Wall Street looks to Wednesday's announcement from the Federal Reserve on interest rates.
May kicks off with a busy first week filled with earnings, monetary policy and a snapshot of the health of the economy.
President Trump's executive order to expand offshore drilling may be a long-term positive for a beaten down industry, but it's not a near-term solution.
Overextended oil driller Seadrill currently teeters on the edge of bankruptcy. Peer Transocean might not be far behind.
Seadrill's stock is in free fall, with scant chance of recovery. Here's why it could drop to zero.
It has been a wild ride thus far, and we've only completed one round of action.
Norway's Borr Drilling will pay a higher-than-expected $1.35 billion for the 15 mobile rigs.
This fleet sale is a bet on its deep-water expertise, and could pay off large with higher oil prices.
The top 64 companies taking a trip to TheStreet's 2017 Market Bracket Challenge tournament.
Saudi Arabia overstated its February production according to Goldman, which claimed OPEC production cuts will help oil demand overtake supply in the second quarter.
Crude oil prices slipped this week, highlighting the inherent weaknesses of these two energy stocks. Here's why they're potential 'portfolio wreckers.'
Investing in oil services stocks remains challenging, as crude oil is downgraded to negative on its weekly chart, as shares of Diamond Offshore, McDermott, Noble and Transocean slide lower.
Jim Cramer is bearish on Southwest Energy, Occidental Petroleum and Ferrellgas Partners.
Changes in our shopping and leisure habits are disrupting stocks like crazy, says Jim Cramer.
We're taking advantage of weakness in Schlumberger to boost our stake.
U.S. stock futures turn mixed Wednesday after breaking records again in the previous session and ahead of minutes from the Federal Reserve's meeting earlier in February.
Investors will be watching a newly hawkish Federal Reserve in the coming week.