Good MorningEquities started the week on solid footing but slipped late in the day on Monday following comments from Fed Chief Jerome Powell. Mr. Powell says inflation is way too high and the Fed will take steps to address it including a 50 basis point hike that could come at the next meeting. As welcome as the news is to inflation watchers it's confusing what exactly changed in the five days since the last FOMC meeting. Regardless, the takeaway is the FOMC is going to act more aggressively than the market is expecting and could spark a recession before inflation comes back into control.
This week could be a tough one for the market. There are few economic or earnings releases of importance and plenty of geopolitical and inflation risk in the air. The price of West Texas Intermediate, for example, shot up by 7% on Monday to over $112 per barrel and looks like it will head back up to the $130 level and possibly set a new high. Featured: This Could Be YOUR Favorite Stock In 2022 (Darwin) 
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Markets | | | The analysts are a fickle bunch whose sentiment toward a stock can change at a moment's notice. As hard as it is to succeed by simply following the analysts and their ratings, when there is a clear trend in analyst sentiment, either good or bad, it can have a meaningful impact on stock market price action. Read the Full Story |
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From Our PartnersWeiss Ratings, the only financial ratings agency in the world that provides ratings on cryptocurrencies, is now publishing a list of rare, undiscovered cryptos with the best potential to become the next Bitcoins. They won't replace Bitcoin. But collectively, they could create more wealth for early investors than Bitcoin ever has or probably ever will. | | To find out more, go here now. |
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Stocks | | |
You've heard it before: Gold is known for volatility and its uncanny ability to rise during negative cycles. In fact, its unpredictable nature causes some investors to head for the hills (and not the "there's gold in them thar hills" variety).
However, with the Russian invasion and the seem... Read the Full Story |
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Stocks | | |
Just in time for spring, U.S. stocks are sprouting new life.
Despite the Fed’s first interest rate hike in four years and the looming Russia-Ukraine war, the major indices are coming off their best weekly gain since November 2020.
The sharp reversal is being led by bruised technology share... Read the Full Story |
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From Our PartnersEach 70 kWh Tesla Model S battery pack contains nearly 140 pounds of lithium, the energy metal. The megatrend of electrifying vehicles will only add to lithium demand, expected to skyrocket 1,000% or more by 2030.
More domestic sources of lithium are needed, which is great news for "green-minded" investors. | | See Who Could Benefit From the Huge Demand for Domestic Lithium |
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Politics | | | Global shares rose Tuesday as investors eyed the war in Ukraine and inflationary risks including rising energy costs.
Benchmarks rose in Europe in early trading, while they finished higher in Asia. France's CAC 40 added 0.1% to 6,587.92. Germany's DAX edged up 0.4% to 14,382.47. Brit... Read the Full Story |
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Markets | | | Carnival is expected to deliver revenue of $2.3 billion when it reports earnings. That's less than half of its pre-pandemic revenue, and a reminder that it may still be several quarters before CCL stock is firing on all cylinders Read the Full Story |
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Politics | | | MOSCOW — Russian journalist Dmitry Muratov says he wants to auction off his 2021 Nobel Peace Prize medal to raise funds for Ukrainian refugees.
Muratov called Tuesday in the independent Novaya Gazeta newspaper, which he edits, for people to “share with refugees, the wounded and childr... Read the Full Story |
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Politics | | | GENEVA — The U.N. refugee agency says more than 3.5 million people have fled Ukraine since Russia’s invasion, passing another milestone in an exodus that has led to Europe’s worst refugee crisis since World War II.
UNHCR reported Tuesday that 3.53 million people have left Ukraine, wit... Read the Full Story |
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Politics | | | LONDON — Britain’s defense ministry says Russian forces have not managed to take over the Ukrainian port city of Mariupol despite weeks of bombardment and days of street fighting.
In an update posted on social media, U.K. officials say that “despite heavy fighting, Ukrainian forces co... Read the Full Story |
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Markets | | | Japan’s government is alerting the Tokyo area of potential blackouts because power supplies are low after several coal-fired plants temporarily stopped generating electricity following last week’s earthquake Read the Full Story |
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Markets | | | Pizza delivery chain Domino’s Pizza (NYSE: DPZ) shares have recently fallen due to the benchmark indices selling off. Shares of the world’s largest pizza restaurant chain showed signs of reversion in its business as the pandemic tailwinds seem to have dissipated since the days of COVID l... Read the Full Story |
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Tuesday's Early Bird Stock Of The Day The Kroger Co. operates as a food and drug retailer in the United States. The company operates combination food and drug stores, multi-department stores, marketplace stores, and price impact warehouses. Its combination food and drug stores offer natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce; and multi-department stores provide apparel, home fashion and furnishings, outdoor living, electronics, automotive products, and toys. The company's marketplace stores offer full-service grocery, pharmacy, health and beauty care, and perishable goods, as well as general merchandise, including apparel, home goods, and toys; and price impact warehouse stores provide grocery, and health and beauty care items, as well as meat, dairy, baked goods, and fresh produce items. It also manufactures and processes food products for sale in its supermarkets and online; and sells fuel through fuel centers. The Kroger Co. was founded in 1883 and is based in Cincinnati, Ohio. | | View Today's Stock Pick |
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