Powell: Fed supposed to operate in non-political way

Hedge Funds Are Selling PG&E Corporation (PCG)

The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing 821 13F filings submitted by hedge funds and prominent investors. These filings show these funds' portfolio positions as of March 31st, 2020. […]...

Hedge Funds Are Buying Marriott International Inc (MAR)

Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds' and successful investors' positions as of the end of the first quarter. You can find articles about an individual hedge fund's trades on numerous financial […]...

Keep It Simple and Avoid Exxon Mobil Stock

The global economy is beginning to reopen, and that is very good news. Oil stocks were under pressure even before the pandemic hit, but things got worse as lockdowns began. Demand fell of a cliff, and even Exxon Mobil (NYSE:XOM) stock took a plunge.Source: Michael Gordon / Shutterstock.com At one point, Exxon Mobil stock was trading at levels not seen in 20 years.But, hope springs eternal. That hope is the only reason I can think of for investors to even consider buying Exxon Mobil stock today. Oil prices are rising. But it's hard to see prices moving to levels that would justify a long-term investment.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIf you were brave enough to buy shares of Exxon Mobil on March 23, you've been rewarded with a nearly 40% gain. However, that gain can be chalked up to fishing in a barrel. While oil demand is...