The oil price outlook is good for energy companies as they are depressed and at an average long-term low for the fourth quarter and at an extreme that is likely to rise as the year progresses. This means that energy company earnings forecasts are likely too low and that a productivity/upgrade cycle is about to … Read more
After underperforming the broader market this quarter, the semiconductor sector could be on the cusp of a resurgence. VanEck Semiconductor ETF NASDAQ: SMH gained only 8.36% in the quarter, underperforming the Invesco QQQ ETF. NASDAQ: QQQwhich grew by almost 14%. However, that could change following Broadcom Inc.’s stellar earnings and prospects. NASDAQ: AVGOone of the … Read more
The biotech sector recently saw a sharp reversal after a failed post-election breakout attempt. While most areas of the market have risen to new heights since Donald Trump’s election victory on November 5, biotech ETFs such as the iShares Biotechnology ETF. NASDAQ: IBB and SPDR Biotech ETF New York Stock Exchange: XBI stopped short of … Read more
A representative image showing the pilot directing the plane onto the runway. — Unsplash Attention job seekers! Dubai is expected to create 185,000 new jobs by 2030, taking its total workforce in aviation-related roles to 816,000, a recent report by Emirates Group and Dubai Airports revealed. This means that there will be no slowdown in … Read more