Good MorningThe major indices fell for a fourth day on Wednesday setting new lows in the process. The S&P 500 closed near the low of the session with a decline of 1.84% and below the key 4,300 level. With the index at this new low, the odds of a much deeper decline have risen. The next key line in the sand is at the low of Wednesday's session and, if broken, investors can look forward to another 200 point decline in the broad market.
The next key test for the market will come on Friday with the release of the PCE price index. The index is the Fed's favored tool for measuring consumer-level inflation and it is expected to be hot. The takeaway here is the fundamental conditions on which the market rally is based are about to be changed at a more aggressive rate than anyone thought possible. The risk for the market is tremendous. Featured: “Move your money by early 2022,” Wall Street legend warns (Chaikin Analytics) 
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Politics | | | Stocks plunged and oil prices surged by more than $8 per barrel Thursday after Russian President Vladimir Putin launched military action in Ukraine, prompting Washington and Europe to vow sanctions on Moscow that may roil the global economy.
Market benchmarks in Europe and Asia fell b... Read the Full Story |
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Politics | | | China called Thursday for talks to resolve the Ukraine crisis and avoided criticizing President Vladimir Putin’s attack while, in a step that could blunt the impact of Western sanctions, Beijing also approved imports of Russian wheat.
Chinese ties with Russia have grown stronger under... Read the Full Story |
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Politics | | | Lithuanian President Gitanas Nauseda on Thursday signed a decree declaring a state of emergency in the Baltic country in response to Russia’s military attack on Ukraine.
The Baltic country’s parliament was expected to approve the measure in an extraordinary session later on Thursday.
... Read the Full Story |
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Politics | | | The latest on the Russia-Ukraine crisis:
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BUCHAREST, Romania — The president of Romania has condemned Russia’s “reprehensible” attack on Ukraine and said that Russian President Vladimir Putin “threatens the peace of the entire planet.”
Romania borders U... Read the Full Story |
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Politics | | | The latest on the Russia-Ukraine crisis:
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BRUSSELS — NATO’s secretary-general says Russia has launched war on Ukraine and shattered peace on the European continent.
Jens Stoltenberg called for a summit of NATO alliance leaders for Friday.
... Read the Full Story |
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From Our PartnersIf you own gold or gold stocks, read this warning immediately. An event in 2022 could have a massive impact on gold and other sectors, says the man who predicted the 2020 crash. “Move your money now.” The last time he issued a public warning like this, the market went on to see its biggest one-day drop ever. | | | | Click here for the full details. |
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Tech | | |
We often hear about the ‘Goldilocks’ economy as being the ideal scenario for U.S. economic growth. Not so hot that inflation boils over, and not so cold that growth is anemic. The term could also apply to the world of stock investing.
Many investors consider the U.S. mid-cap spa... Read the Full Story |
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Markets | | | Discount broker Charles Schwab (NYSE: SCHW) stock has weathered the market sell-off relatively unscathed as shares have been trading in a 10-point range. The Q4 2021 earnings report revealed a shortfall in revenues stemming from lower trading revenues. The sharp collapse in meme and momentum stocks ... Read the Full Story |
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Stocks | | | Wayfair (NYSE: W) was one of the most exciting plays of the post-pandemic world but now that story is played. The two things that are abundantly clear in the Q4 results are that 1) the COVID tailwinds are no longer blowing and 2) the headwinds are mounting. Read the Full Story |
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Markets | | | Shares of Camping World (NYSE: CWH) are falling for no good reason other than the acceleration of growth sparked by the pandemic has peaked. The business is failing and it hasn’t stopped growing but YOY growth is slowing on a quarterly basis and the outlook, as robust as it is, may have it all priced in. Read the Full Story |
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Markets | | | The TJX Companies (NYSE: TJX) is a great example of what a buying opportunity looks like. The company gave a lackluster report and sent shares through the floor but buyers were quick to step in and reverse the action. Read the Full Story |
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Thursday's Early Bird Stock Of The Day Industrial Logistics Properties Trust (Nasdaq: ILPT) is a real estate investment trust, or REIT, focused on owning and leasing high quality distribution and logistics properties. As of December 31, 2023, ILPT's portfolio consisted of 411 properties containing approximately 60 million rentable square feet located in 39 states. Approximately 77% of ILPT's annualized rental revenues as of December 31, 2023 are derived from investment grade tenants, tenants that are subsidiaries of investment grade rated entities or Hawaii land leases. ILPT is managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with over $41 billion in assets under management as of December 31, 2023 and more than 35 years of institutional experience in buying, selling, financing and operating commercial real estate. ILPT is headquartered in Newton, MA. | | View Today's Stock Pick |
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