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The latest news and updates from companies in the WLTH portfolio.

Here Are Wednesday's Top Wall Street Analyst Research Calls: BJ's Wholesale Club, Centene, Cigna, Crown Castle, ETSY, Franco-Nevada, Humana, Ovintiv, X-Energy, and More

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Futures are trading higher on the heels of the third straight day of stock declines, and there is growing apprehension that yields will go even higher and that inflation may as well. All of the major indices finished Tuesday lower, and with Q1 earnings all but over and the incoming economic data likely grim, we could be in for a cruel summer. When the final bell rang, the small-cap heavy Russell 2000 took the biggest hit on the day, closing down 1.01% at 2,747, while the tech-heavy Nasdaq finished at 25,870, down 0.82%. The S&P 500, which has a seven-week winning streak on the line, closed down 0.67% at 7,353, while the Dow Jones Industrial Average wrapped up the losers' brigade on Tuesday, closing at 49,363, down 0.65%. Yields were higher across the yield curve on Tuesday for the same reasons we have pointed to for weeks now. Inflation, which remains the number one anxiety point for the bond market, followed by proliferating government spending, the ongoing war with Iran, and the mere fact that the next move on interest rates may very well be an increase. When the final bell rang, the 30-year-long bond closed the session at 5.18%, the highest since 2007, and the benchmark 10-year note closed at 4.67%. On what was a rough day for investors overall, oil prices traded lower, and the good news is that while U.S. inventories have fallen, and fallen fast, they are still up for this year. When it was all said and done, Brent Crude closed Tuesday at $111.10, down 0.83%, and West Texas Intermediate was last seen at $104.10, down 0.24%. Natural gas, which may be the best energy bet in the future, continued its hot streak, closing up 2.98% at $3.11. Precious metals marched in lockstep with bonds, stocks, and energy; both Gold and Silver finished the day lower. A stronger U.S. dollar and rising Treasury yields weighed on the sector, making non-yielding bullion less attractive to investors. The metals faced further pressure from easing geopolitical tensions, particularly growing hopes for U.S.-Iran negotiations, which eased inflation concerns and reduced safe-haven demand, stripping away some key support. Gold was last seen at $4,481, down 1.85%, while Silver, which has been on a roll, closed at $73.56, down 5.15%. 24/7 Wall St. reviews dozens of analyst research reports daily to identify new investment ideas for both investors and traders. Some of these daily analyst calls cover stocks to buy. Other calls cover stocks to sell or avoid. Remember that no single analyst call should ever be used as a basis to buy or sell a stock.

X-energy
24/7 Wall St.18d ago
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Here Are Wednesday's Top Wall Street Analyst Research Calls: BJ's Wholesale Club, Centene, Cigna, Crown Castle, ETSY, Franco-Nevada, Humana, Ovintiv, X-Energy, and More