Hot Energy Stocks To Watch Right Now

U.S. equities dribbled lifelessly lower on Wednesday — with tax reform, government shutdowns, and geopolitics dampening spirits. All the action was over in bitcoin, where prices pushed past the $13,000 level for the first time on a surge of speculative excitement.

In the end, the Dow Jones Industrial Average lost 0.2%, the S&P 500 lost a fraction, the Nasdaq Composite gained 0.2% and the Russell 2000 lost 0.5%. Treasury bonds were stronger, the dollar was mostly higher, gold was little changed and oil fell 2.9% on poor inventory data.

Click to Enlarge Breadth was negative, with decliners outpacing advancers by a 1.4 to 1 ratio while volume was a little light, at 94% of the NYSE’s 30-day average. Technology stocks led the way with a 0.8% gain while energy was the laggard, down 1.3%.

Hot Energy Stocks To Watch Right Now: Cowen Group, Inc.(COWN)

Advisors’ Opinion:

  • [By Tim Melvin]

    Another I’ve been eyeing up is Cowen Inc. (Nasdaq: COWN), which you should consider making a long-term investment in.

    Cowen jumped headfirst into the cannabis industry, holding its first “Cannabis Colloquium” for institutional investors in January. The firm worked with Canada’s leading marijuana provider, Canopy Growth Corp. (OTCMKTS: TWMJF) as an advisor for its equity offering last year.

  • [By Lisa Levin]

    Cowen Group Inc (NASDAQ: COWN) shares were also up, gaining 17 percent to $15.80 after the company posted upbeat Q1 earnings.

    Equities Trading DOWN

Hot Energy Stocks To Watch Right Now: BankUnited, Inc.(BKU)

Advisors’ Opinion:

  • [By Lisa Levin]

    On Monday, the financial sector proved to be a source of strength for the market. Leading the sector was strength from Eagle Bancorp, Inc. (NASDAQ: EGBN) and BankUnited (NYSE: BKU).

  • [By Lisa Levin]

    Monday afternoon, the financial sector proved to be a source of strength for the market. Leading the sector was strength from Bank of Marin Bancorp (NASDAQ: BMRC) and BankUnited (NYSE: BKU).

Hot Energy Stocks To Watch Right Now: StoneMor Partners L.P.(STON)

Advisors’ Opinion:

  • [By Monica Gerson]

    The list of below stocks is notable as the shares have traded on sequentially increasing volume spanning the trading days from September 16 to September 20:

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