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Oil Rises In Volatile Trading As OPEC+ Agrees To Historic Production Cut

Oil rose Monday morning after the world’s top producers agreed to cut output by 9.7 million barrels a day beginning on May 1 following a week-long marathon of negotiations. The deal, which was finalized on Sunday, marks the single largest output cut in history. West Texas Intermediate crude traded as high as $24.74 per barrel, while Brent crude rose as high as $33.99 in a volatile session. “Unprecedented measures for unprecedented times,” wrote Ed Morse, Citi’s global...

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NexTech AR Solutions (OTC: NEXCF): NexTech AR shares jumped as much as 25% Friday and are up another 5% today after Starwood Research boosted its price target for the firm to $20 per share – 1,595% higher than the current price. “We believe NEXCF is under-valued based on it’s strong growth fundamentals,” Starwood wrote in a note. “The stock is now even better positio...

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Basic Materials are up 18% in the last month – should you pay attention to stocks like HUN?

Is the enthusiasm warranted? I like seeing the market rally as much as the next guy, so it’s hard not to hope that it is. I think it’s important, though to remember that the stock market tends to anticipate economic impacts – positive and negative – and so price in investor’s hopes and/or fears about them well in advance of any actual, verifiable data. That means that any reversal off extreme lows or extreme highs isn’t automatically a sign that the market is ready to star...

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NexTech AR Solutions Corp. engages in the acquisition and development of augmented reality (AR) technology. The company offers ARitize eCommerce, the browser-based and Web enabled AR shopping platform; ARitize Retail Showroom that provides choice, convenience, ratings, and reviews with the benefits of being in-store; ARitize App that allows to sell, learn, communicate, and share product, service, or experience through AR; and ARitize University, an AR learning system.


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