Short Volatility Alert: Ecopetrol S.A.
On Friday, shares of Ecopetrol S.A. (NYSE: EC) experienced volatile short activity. After the activity, the stock price went up +1.94% to $11.03.
The overall sentiment for EC has been Bearish.
Mid-Morning Market Update: Markets Open Lower; Dow Drops 1%
U.S. stocks traded lower this morning, with the Dow Jones dropping more than 1% on Tuesday.
Earnings Scheduled For May 10, 2022
Companies Reporting Before The Bell
• The Middleby (NASDAQ:MIDD) is expected to report quarterly earnings at $2.10 per share on revenue of $935.99 million.
7 Best Energy Stocks To Buy With Over 6% Dividend Yields: Ecopetrol, Energy Transfer LP And More
One of the only sectors of the market that is skyrocketing amid broad market weakness in 2022 is the energy sector.
Ominous Death Cross Forms On Ecopetrol’s Chart
If history is any guide, there may be trouble ahead for shares of Ecopetrol (NYSE:EC). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.
Mid-Day Market Update: Nasdaq Tumbles 250 Points; Activision Blizzard Shares Jump
Midway through trading Tuesday, the Dow traded down 1.58% to 35,343.17 while the NASDAQ fell 1.70% to 14,640.00. The S&P also fell, dropping, 1.57% to 4,589.66.