by BlackSwanAlert | Jun 1, 2023 | Markets
Warren Buffett’s Berkshire Hathaway just bought even more Occidental Petroleum (OXY) stock. With oil prices still low, the firm bought another 4.66 million OXY shares for $275 million in late May. And while Buffett says there’s no interest in owning OXY, he may not be...
by BlackSwanAlert | May 30, 2023 | Markets
Nvidia (NVDA) is now a trillion-dollar company. It’s now the ninth chipmaker to hit the trillion-dollar mark, and now joins the ranks of Microsoft, Alphabet, Amazon, and Apple. All thanks to the artificial intelligence boom. Helping, the company just blew the doors...
by BlackSwanAlert | May 24, 2023 | Markets
Oil prices are about to gush higher. Last checked, crude oil is up about $1.46 to $74.37 – and could gush higher for two key reasons. For one, Saudi Arabia just said, “short sellers – those betting prices will fall – should ‘watch out’ for pain.” Some investors are...
by BlackSwanAlert | May 22, 2023 | Markets
With the weather warming up, weight loss stocks are scorching hot. Look at WW International (WW). As we noted on April 13, WW had a rough run thanks to slowing growth. However, it appears the company may have turned a major corner with the acquisition of Sequence....
by BlackSwanAlert | May 18, 2023 | Markets
The 2022 Dogs of the Dow beat the major indices, even in a “ruff” year. Sorry, terrible pun. While the Dogs of the Dow stocks fell 1.6% on the year, once you add in the dividend payouts, the Dogs returned 2% on the year. And while 2% may not sound like a big win,...
by BlackSwanAlert | May 17, 2023 | Markets
Lithium prices are on the rebound. After a brief pullback, the supply-demand issue is forcing lithium prices higher again. Even analysts at Citigroup just said the collapse in lithium price is likely to be over, and prices could rebound by as much as 40% by the end of...
