Good MorningThe major indices fell to new lows last week but buyers stepped in on Thursday and Friday to buy the dip. The S&P 500 ended the week well off of its lows and above the key 4,300 level. The move confirms support at the bottom of a trading range and may lead to higher prices this week but there is still risk ahead. Not only is the threat of war in Russia still present but the earnings outlook is dimming and there is the NFP report on Friday to think about.
If the S&P 500 can continue to rally this week it will need to get above the short-term 30-day moving average which is near 4,450 to be in the clear. Even so, there is the risk of resistance at the December lows near 4,500 so it is no time for investors to be complacent. If the market can not get above the combined resistance of the short-term moving average and the 4,500 level investors should brace for a retest of the recent lows. Featured: Ten hot stocks with massive upside potential (Money Map Press) 
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Markets | | | The S&P 500 (ASX: SPY) has been selling off since it peaked at its all-time high of $479.98 on Jan. 3, 2022. Shares fell as low as $410.64 before staging a bounce attempt. Since the pandemic lows of $218.26 set in March 2020, the “buy the dip” strategy has worked out well for the mos... Read the Full Story |
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From Our PartnersURGENT: Stocks are plummeting after Russian’s invasion of Ukraine. The shutdown of a major energy pipeline to Russia could create a historic shock in oil prices and send oil stocks soaring. But do NOT buy Chevron or ExxonMobil. Instead, this small Texas oil stock could make you 100+% if you get in immediately, before the oil crisis escalates. | | | | Click here for the full details. |
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Politics | | | The ruble plunged to a record low of less than 1 U.S. cent and most global stock markets declined Monday after Western nations moved to block some Russian banks from a global payments system.
Russia’s invasion of Ukraine has caused markets to swing wildly, given the vast potential ec... Read the Full Story |
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Markets | | | Digital payments platform PayPal, Inc. (NASDAQ: PYPL) shares has been battered brutally on both a slowdown in its top and bottom line magnified by the sell-off in the benchmark indexes. The e-commerce business has shown signs of retracement in its business as it lowered guidance for fiscal 2022. The... 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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Politics | | | The latest developments on the Russia-Ukraine war:
VILNIUS, Lithuania — Lithuania says it wants the United Nations’ highest court to investigate alleged war crimes and crimes against humanity committed by Russia and Belarus.
The Baltic country’s Justice Minister Evelin... Read the Full Story |
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Markets | | | Toyota is suspending production at all 28 lines of its 14 plants in Japan starting Tuesday, because of a “system malfunction” at a domestic supplier, the automaker said Monday.
Public broadcaster NHK TV and other Japanese media said a major Toyota supplier had been hit by a suspected... Read the Full Story |
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From Our PartnersWrite down these 10 stock patterns immediately. Each has the potential to hand gains anywhere between 25%-100% or more in the following weeks. One of the stocks is Amazon. Another one is Apple. Tom Gentile, America's #1 Pattern Trader has given away the exact dates they are scheduled to go up. All for free. | | Just follow his instructions step by step. |
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Politics | | | The latest on the Russia-Ukraine war:
GENEVA — The head of the United Nations refugee agency says more than a half a million people had fled Ukraine since Russia’s invasion on Thursday.
Filippo Grandi of the UN High Commissioner for Refugees conveyed the latest update ... Read the Full Story |
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Markets | | | Ordinary Russians faced the prospect of higher prices and crimped foreign travel as Western sanctions over the invasion of Ukraine sent the ruble plummeting, leading uneasy people to line up at banks and ATMs on Monday in a country that has seen more than one currency disaster in the post-Soviet era... Read the Full Story |
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Cloud base artificial intelligence (AI) lending platform Upstart Holdings (NASDAQ: UPST) stock has taken a terrifying (-75%) drop from its $401.89 highs before attempting to bounce. The sell-off in the benchmark indexes combined with monetary tightening and the Russian invasion of Ukraine triggere... Read the Full Story |
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Investing in glass: Why not? Have you ever really stopped to think about how much stuff glass is in? As a species, we've used glass for thousands of years and we're still using this amazing material for all sorts of new reasons.
The global float glass market was valued at $53 million in 202... Read the Full Story |
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Markets | | | Cloud-based security monitoring and analytics platform Datadog (NASDAQ: DDOG) stock has recently bounced on its Q4 2021 earnings report. The enterprise data monitoring solutions provider continues to experience hypergrowth on both top and bottom lines. Digital transformation and cloud migration driv... Read the Full Story |
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Monday's Early Bird Stock Of The Day Caesars Entertainment, Inc. operates as a gaming and hospitality company. The company owns, leases, or manages domestic properties in 18 states with slot machines, video lottery terminals and e-tables, and hotel rooms, as well as table games, including poker. It also operates and conducts retail and online sports wagering across 31 jurisdictions in North America and operates iGaming in five jurisdictions in North America; sports betting from our retail and online sportsbooks; and other games, such as keno. In addition, the company operates dining venues, bars, nightclubs, lounges, hotels, and entertainment venues; and provides staffing and management services. Caesars Entertainment, Inc. was founded in 1937 and is based in Reno, Nevada. | | View Today's Stock Pick |
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