Good MorningEquity markets continued to fall last week in the wake of Russian aggression and the fallout from it. The S&P 500 fell more than 1.0% on Friday alone putting the index in danger of breaking below the 4,200 level for the 3rd time in as many weeks. If this level is broken again it could lead to a capitulation and full reversal in the market. With no reason to buy, the bulls are more likely to pully their cash out of the market than sit around waiting to see what happens.
This is going to be another tough week for the market with or without the war in Ukraine. Not only is the PPI data due on Tuesday but the FOMC is slated to issue its first interest rate hike since the pandemic started on Wednesday afternoon. The market is pricing in a 25 basis point hike but a hot PPI figure could lead them to a more aggressive posture. Featured: These Are Our Top 4 Penny Stocks... (PTR) 
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Stocks | | |
Keep an Eye on These 3 International Stocks
Diversifying your portfolio holdings over the years is without a doubt one of the best ways to lower your total risk and maximize your returns. After all, you don’t want to have all of your investment eggs in one basket. With U.S. equity markets u... Read the Full Story |
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From Our PartnersFor many investors, a long-term buy and hold strategy is a great choice.
Especially if you can find top notch companies, with a solid history of returns, or ones that could get red hot with supply demand issues.
Look at Apple, Microsoft, Amazon.com, or even Meta Platforms for proof.
In fact, we've found five you may want to consider holding forever. | | Click Here to Download the FREE Report |
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Markets | | | Readers will remember, some painfully no doubt, Netflix’s (NASDAQ: NFLX) last earnings report that sent shares down more than 30% in just a few days. The Q4 report, released towards the end of January, was broadly in line with analyst expectations for revenue and EPS, but was way off on the ma... Read the Full Story |
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Tech | | | Hong Kong’s share index plunged 5.4% on Monday after the Chinese government ordered a lockdown to combat an outbreak of coronavirus in the neighboring city of Shenzhen.
The shutdown in the manufacturing and technology hub of 17.5 million people comes amid mainland China’s biggest COV... Read the Full Story |
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Tech | | | Stocks were mixed in Asia and oil prices fell Monday as uncertainty over the war in Ukraine and persistently high inflation kept investors guessing about what lies ahead.
Tokyo and Sydney advanced while Hong Kong, Seoul and Shanghai declined. U.S. futures were higher.
... Read the Full Story |
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Looking for some fresh ideas for your portfolio? If you're a sports enthusiast, you may want to look into sporting goods stocks. You might think that the sharp renewed interest in individual sports during the pandemic has waned. (You might think that people will buy fewer running shoes for individ... Read the Full Story |
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Markets | | |
Legalized sports betting may be a driver of revenue
Just when things looked like they couldn’t get worse for Hall of Fame Resort & Entertainment Co. (NASDAQ:HOFV), the market started what is becoming a prolonged correction. That’s taken HOFV stock, which was already a penny ... Read the Full Story |
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Markets | | | World shares were mixed Monday while Hong Kong’s Hang Seng index plunged 5% after the neighboring city of Shenzhen was ordered into a shutdown to combat China’s worst COVID-19 outbreak in two years.
Benchmarks rose in Frankfurt, Paris and Tokyo and U.S. futures were higher. Oil price... Read the Full Story |
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Politics | | | Hong Kong’s share index plunged 5.4% on Monday after the neighboring Chinese city of Shenzhen was ordered into a shutdown to combat China’s worst COVID-19 outbreak in two years.
Stocks were mixed elsewhere in Asia. European shares and U.S. futures were higher, and oil prices fell.
... Read the Full Story |
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Markets | | | Shopify (NYSE: SHOP) is the most downgraded stock at the end of the Q4 earnings reporting cycle and we think it might be time to start looking into a purchase. The stock is down more than 66% from its high and offering a discount to the expectations even now, after a massive round of analysts downgrades. Read the Full Story |
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Markets | | | A trial to determine whether the Boy Scouts of America's proposed reorganization plan should be approved is beginning more than two years after it sought bankruptcy protection amid an onslaught of child sex abuse allegations Read the Full Story |
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Monday's Early Bird Stock Of The Day eBay Inc., together with its subsidiaries, operates marketplace platforms that connect buyers and sellers in the United States, the United Kingdom, China, Germany, and internationally. The company's marketplace platform includes its online marketplace at ebay.com, off-platform businesses, and the eBay suite of mobile apps. Its platforms enable users to list, sell, and buy various products. The company was founded in 1995 and is headquartered in San Jose, California. | | View Today's Stock Pick |
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