Three Recession-Proof Trades to Consider in 2022

With markets spooked by recession fears, pay attention to pharmaceutical stocks. For one, the sector is still one of the safest, most recession-proof investments around. Two, an aging population is demanding more treatments in an effort to live longer lives. As this...

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Wall Street gains over 2% in broad rebound

By Lewis Krauskopf, Devik Jain and Anisha Sircar (Reuters) - Wall Street's major indexes jumped over 2% on Tuesday as investors scooped up shares of megacap growth and energy companies after the stock market swooned last week on worries over a global economic...

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Top 3 Ways to Trade a Potential Bitcoin Bounce

The pullback in Bitcoin is overdone. Not only is it over-extended on RSI, MACD, and Williams’ %R, it appears to have caught – and is holding double bottom support dating back to late 2021. Even Jurrien Timmer, director of global macro of Fidelity, has argued that...

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Three Solid Ways to Trade the Short Side of Oil

Oil prices are pulling back. Last trading at $110.40, here’s hoping it drops even more. That’s happening as interest rate hikes fuel worries about a recession, and because U.S. crude production jumped by 100,000 barrels per day last week to 12 million bpd. In...

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Sony, Honda sign JV to sell electric cars by 2025

(Reuters) - Japan's Sony and Honda Motor on Thursday officially agreed to an equally owned joint venture that will start selling electric cars in 2025. Honda, like bigger rival Toyota Motor, has been slower to shift to electric vehicles (EV) than global automakers and...

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Top Recession-Resistant Stocks to Consider

There’s a good deal of panic out there. Inflation is out of control. The Federal Reserve hiked interest rates by 0.75%, with a likely need for more. Traders are panicking. Markets are falling. And no one knows what comes next. While it’s easy to panic, don’t....

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