Good MorningEquities plummetted again on Tuesday following another escalation of fighting in Ukraine. A convoy of Russian military equipment is bearing down on Kyiv and threatens to topple the embattled country. The news helped to send the price of West Texas Intermediate up by 10% and to a new high, breaking the price action out of a bullish pattern and putting it on track to set a new all-time high within a matter of weeks. The S&P 500 shed nearly 2.0% on the news and is threatening to fall back below the important 4,300 level once again.
Trading today will be impacted by geopolitical news as well as economic data. The ADP report is due out and could alter the tone of the market. Last month, the ADP came in well below expectations and pointed to topping if not contraction within the economy. If that story is repeated with this month's data it will be another weight for the market to bear and the market is already buckling. Featured: These 3 Cryptos Could All Be Bigger Than Bitcoin (The Oxford Club) 
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Markets | | | Semiconductor companies are among the latest to ban sales to Russia following its invasion of Ukraine. However, the PHLX Semiconductor Index (SOX) is up nearly 4% since the Russian invasion. Here are three semiconductor stocks that are outperforming the index and are well-positioned to weather the current disruptions. Read the Full Story |
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Markets | | | While many of the top defense stocks have made massive moves over the last few sessions that are hard to justify chasing, adding shares on dips or periods of consolidation for the long-term could be a smart call. Read the Full Story |
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Politics | | | Global stock markets slid Wednesday and oil prices surged more than $7 per barrel as Russian forces stepped up attacks on Ukrainian cities.
Frankfurt, Shanghai, Tokyo and Paris declined as President Vladimir Putin’s invasion fed fears of global economic turmoil. London opened higher.
... Read the Full Story |
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Tech | | | The latest developments on the Russia-Ukraine war:
MOSCOW — A Kremlin spokesman says a Russian delegation will be ready on Wednesday evening to resume talks with Ukrainian officials about the war in Ukraine.
Spokesman Dmitry Peskov told reporters Wednesday that “in the ... Read the Full Story |
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Stocks | | |
Each year, Americans chuck millions of tons of textiles into landfills. As these discarded remnants decompose, they release methane, dyes and chemicals, which pollute the air and contaminate groundwater and soil. Who knew that throwing out a ratty T-shirt could have major effects on the planet?
R... Read the Full Story |
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Markets | | | Chicken and pork products producer Pilgrim’s Pride (NYSE: PPC) stock collapsed on its Q4 2021 earnings results providing cheaper entry levels for investors. The Company is seeing unprecedented cost inflation, supply chain disruptions, and labor shortages in Europe and the U.S. However, labor s... Read the Full Story |
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Tech | | | The latest developments on the Russia-Ukraine war:
MOSCOW — A Kremlin spokesman says a Russian delegation will be ready on Wednesday evening to resume talks with Ukrainian officials about the war in Ukraine.
Spokesman Dmitry Peskov told reporters Wednesday that “in the ... Read the Full Story |
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Politics | | | Surging energy costs have driven inflation in Europe to another record high, raising questions about when the central bank should step in to ease the pain to people's wallets while Russia's invasion of Ukraine rattles the global economy.
Consumer prices in the 19 countries that use t... Read the Full Story |
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Politics | | | For Maribel Hernández, falling ill with COVID-19 at a Louisiana crawfish processor and losing her job was terrible enough. But the Mexican guest worker was in for another shock. A federal labor investigation in 2020, initially focusing on worksite safety, revealed that the company failed to pay Hern... Read the Full Story |
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Stocks | | |
With its stock trading close to all-time lows, crypto exchange Coinbase (NASDAQ: COIN) released their Q4 earnings last week to a curious Wall Street. At first glance, they made for good reading. Analysts had been expecting their EPS to come in at $1.89, but they delivered a 75% beat on that with a... Read the Full Story |
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Wednesday's Early Bird Stock Of The Day Equinix (Nasdaq: EQIX) is the world's digital infrastructure company . Digital leaders harness Equinix's trusted platform to bring together and interconnect foundational infrastructure at software speed. Equinix enables organizations to access all the right places, partners and possibilities to scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value, while supporting their sustainability goals. | | View Today's Stock Pick |
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