Good MorningEquities began the week on shaky footing but managed to rise by the end of Monday's session leaving the S&P 500 at the highest levels in over a month. The move comes on the back of a near 10% decline in oil prices but investors should not be complacent. This week the market will get another read on consumer-level inflation and it is not expected to be a good one. The PCE Price Index will be released on Thursday and is expected to accelerate to 5.5% YOY at the core level. If correct, this will be the hottest level of consumer inflation in over 3 decades and the 11th month inflation has accelerated above the FOMC's 2.0% target.
Other risks for the market are emerging as well. Manufacturing closings in China's key hub of Shanghai are spreading and threaten to bring the global supply chain to its knees. Even if the closings are limited and short-lived they will have a far-reaching effect when it comes to product availability and the impact on the supply chain. Featured: Smart, Low-Risk Investing For Retirement (Gold Allied Trust) 
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Stocks | | Trying to pick a bottom in the stock market is one of the quickest ways to lose money. That’s because it’s impossible to predict exactly when a stock price will stop going down, even though plenty of traders and investors try. Read the Full Story |
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Markets | | Paypal (NASDAQ: PYPL) is the most downgraded stock of the FQ4 reporting and calendar Q1 season. The company received 40 downgrades which is saying something because that’s all the analysts rating the stock. Read the Full Story |
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Markets | | After climbing to nearly $80 in November 2021, Fortive Corp. (NYSE: FTV) dipped below $60 this month. Shares of the former Danaher division have begun to recover alongside the market rally but still have good upside. Read the Full Story |
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From Our PartnersThis company is currently looking to identify, explore, and develop battery metals technologies through an open-source application to meet the GROWING demand.
They're in such a unique position in the marketplace as not many know about this yet. The best part - this company is not only looking at one metal to explore but THREE including lithium, nickel, and cobalt. | Talk about a diversified portfolio |
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Tech | | Russia’s defense minister says that “liberating” the Donbas region in eastern Ukraine is the main goal of Moscow’s military operation, underlining a possible shift in strategy announced last week by another Russian military official Read the Full Story |
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Tech | | ISTANBUL -- An adviser to Ukrainian President Volodymyr Zelenskyy says the talks under way with Russia in Istanbul are focusing on security guarantees for Ukraine and hopes of a cease-fire.
Mykhailo Podolyak told Ukrainian media on Tuesday that there are “intensive consultations going... Read the Full Story |
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From Our PartnersStart getting paid to go solar in 2022. See if your zip code qualifies you today. | | Continue Reading |
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Healthcare | | Health insurance giant UnitedHealth Group (NYSE: UNH) stock has been on a gravity-defying uptrend reaching all-time highs again in 2022 just as inflation hits a 40-year high at 7.5%. The Company continues to grow its top and bottom lines powered by the surge in Medicare Advantage consumers and pande... Read the Full Story |
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Politics | | India signed an agreement to set up hybrid power projects on northern Sri Lankan islands Tuesday in a deal seen as a strategic victory in its competition with China for influence in the Indian Ocean.
India’s External Affairs Minister Subrahmanyam Jaishankar, who was visiting Colombo,... Read the Full Story |
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Politics | | Australia’s government presented a range of economic measures on Tuesday such as halving the tax on gasoline to help cushion the impact of high inflation and win votes at elections due by May.
Inflation fueled by the Ukraine war, the pandemic’s disruption to supply chains and widespre... Read the Full Story |
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Markets | | The world needs to take “radical action” to shift away from fossil fuels and ensure global warming doesn't pass dangerous thresholds, the head of the International Renewable Energy Agency said Tuesday.
The agency's 348-page report concluded that investments of $5.7 trillion in renewab... Read the Full Story |
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Markets | | Enterprise cloud and data application software solutions provider Splunk (NASDAQ: SPLK) stock has been rebounding strong with the benchmark indexes in the past few weeks. The cloud-based data analysis and security platform had a very strong close for its fiscal year 2022 smoking consensus analyst es... Read the Full Story |
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Tuesday's Early Bird Stock Of The Day Hostess Brands, Inc. develops, manufactures, markets, sells, and distributes snack products in the United States and Canada. The company provides a range of snack cakes, donuts, sweet rolls, breakfast pastries, cookies, snack pies, sweet baked goods, wafers, bread and buns, danishes, honey buns, coffee cakes, and sugar-free products. It offers its products under the Hostess, Dolly Madison, Cloverhill, Voortman, CupCakes, Twinkies, Donettes, Sno Balls, Ding Dongs, Zingers, Ho Hos, and Big Texas brands. The company was formerly known as Gores Holdings, Inc. and changed its name to Hostess Brands, Inc. in November 2016. Hostess Brands, Inc. was founded in 1919 and is headquartered in Lenexa, Kansas. As of November 7, 2023, Hostess Brands, Inc. operates as a subsidiary of The J. M. Smucker Company. | View Today's Stock Pick |
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