Good MorningThe selling intensified on Wall Street last week as earnings come into sharp focus. While the bulk of S&P 500 companies are reporting better than expected the outlook is weakening under the strain of inflation and supply chain hurdles. With the index down more than 7.0% from its recent high, it looks like the broad market is in for at least a 10% correction if not more. The tech-heavy NASDAQ Composite is already down more than 10% and heading lower.
This week could seal the deal on a major market correction. Not only is the FOMC expected to be hawkish with its statements but there are key reads on consumer confidence, housing, business spending, GDP, and consumer level inflation as well as dozens of earnings reports from S&P 500 companies.
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Markets | | | Telecommunications has made great strides since just five years ago (consider the leaps it has made since 10 years ago!) Due to changing consumer habits and preferences, speed, accessibility and security, the industry continues to make the experience better for customers and the industry as a whole. Read the Full Story |
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Stocks | | | Investors might be in store for some very appealing buying opportunities in 2022 if January is any indication of how the year might unfold in markets, and focusing on a sector like healthcare makes a lot of sense given how the industry will always see heavy spending regardless of economic conditions. Read the Full Story |
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Markets | | | Shares were mixed Monday in Asia after Wall Street logged its worst week since the pandemic began in 2020.
Benchmarks declined in Hong Kong, Seoul and Sydney but rose in Tokyo. Shanghai was little changed. U.S. futures were higher.
Investors have been growing increasin... Read the Full Story |
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Markets | | | Shares were mixed Monday in Asia after Wall Street logged its worst week since the pandemic began in 2020.
Benchmarks declined in Hong Kong, Seoul and Sydney but rose in Tokyo. Shanghai was little changed. U.S. futures were higher.
Investors have been growing increasin... Read the Full Story |
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Markets | | | Shares were mostly lower in Asia on Monday after Wall Street logged its worst week since the pandemic began in 2020.
Benchmarks declined in Tokyo, Hong Kong, Seoul and Sydney but rose in Shanghai. U.S. futures were higher.
Investors have been growing increasingly worri... Read the Full Story |
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Politics | | | Shares were mostly lower in Europe and Asia on Monday after Wall Street logged its worst week since the pandemic began in 2020.
Shares fell in Paris, London and Frankfurt but rose in Tokyo. Shanghai was little changed.
Investors have been growing increasingly worried a... Read the Full Story |
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Markets | | | If you have been worrying about the stock market and the risks of a correction Netflix (NASDAQ: NFLX) Q4 aren’t going to make you happy. It’s not so much that results are bad so much as they aren’t dazzling like they’ve been so often in the past. Read the Full Story |
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Politics | | | Three days of talks between a Taliban delegation led by acting Foreign Minister Amir Khan Muttaqi, the Norwegian government and several allied countries have started in Oslo amid a deteriorating humanitarian situation in Afghanistan Read the Full Story |
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Markets | | | Cryptocurrency trading marketplace Coinbase (NASDAQ: COIN) stock has plunged with the technology stocks and cryptocurrencies losing more than (-23%) in January 2022. The popular digital crypto trading app platform has grown tremendously in parallel with the explosion in cryptocurrency values and pop... Read the Full Story |
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Markets | | | Swiss footwear maker On Holding AG (NYSE: ONON) stock has been cut in half since hitting highs of $55.87 in November 2021. Ironically, its Q3 2021 earnings represents the strongest quarter in the history of On Holding. The Company IPO’ed in September 2021. The Company announced the development... Read the Full Story |
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Monday's Early Bird Stock Of The Day The Sherwin-Williams Company engages in the development, manufacture, distribution, and sale of paints, coating, and related products to professional, industrial, commercial, and retail customers. It operates through three segments: Paint Stores Group, Consumer Brands Group, and Performance Coatings Group. The Paint Stores Group segment offers architectural paints and coatings, and protective and marine products, as well as OEM product finishes and related products for architectural and industrial paint contractors, and do-it-yourself homeowners. The Consumer Brands Group segment supplies a portfolio of branded and private-label architectural paints, stains, varnishes, industrial products, wood finishes products, wood preservatives, applicators, corrosion inhibitors, aerosols, caulks, and adhesives to retailers, including home centers and hardware stores, and dedicated dealers and distributors. The Performance Coatings Group segment develops and sells industrial coatings for wood finishing and general industrial applications, automotive refinish products, protective and marine coatings, coil coatings, packaging coatings, and performance-based resins and colorants. It serves retailers, dealers, jobbers, licensees, and other third-party distributors through its branches and direct sales staff, as well as through outside sales representatives. The company has operations primarily in the North and South America, the Caribbean, Europe, Asia, and Australia. The Sherwin-Williams Company was founded in 1866 and is headquartered in Cleveland, Ohio. | | View Today's Stock Pick |
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