Good MorningThe rebound in equities continued on Tuesday with the S&P 500 moving about a half of a percent to the highest level in over 6 weeks. The move was driven by another round of economic data that shows rising home prices, rising consumer confidence, and near-record levels of job openings. The caveat for investors, however, is that the week's key economic reports are still due out and the price action on Tuesday was dubious at best.
On the economic front, the monthly labor data is due out this week starting with today's release of the ADP report. the report should show another month of strong job creation which is a two-edged sword for the economy. Improved employment is a definite benefit to the economy but is ultimately driving wage inflation and there is inflation data due out this week as well. The PCE price index is expected to show another acceleration in YOY inflation and we will not be surprised to see it come in hotter than the analysts are expecting. Featured: Millionaire Trader: “Tech Stocks Are Overrated, Do THIS, Instead” (Legacy Research) 
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Markets | | |
These Clean Energy Stocks Could Offer a Green Future for Your Portfolio
If the recent jaw-dropping rally in oil prices has reminded us of anything, it's that our need for renewable energy sources has never been greater. With oil prices elevated thanks to the conflict between Russia and Ukraine, t... Read the Full Story |
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From Our PartnersStep-by-step guide to trading - and winning - in any market conditions with just ONE stock. | | | | Learn More. |
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Politics | | | As millions of people in Shanghai line up for coronavirus tests, authorities are promising tax refunds for shopkeepers in the closed-down metropolis and to keep the world's busiest port functioning to limit disruption to industry and trade.
This week's shutdown of most activity in Chi... Read the Full Story |
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Markets | | | European markets opened lower while Asian stocks advanced Wednesday as investors saw signs of possible progress in talks on ending Russia's war on Ukraine.
London and Frankfurt declined. Shanghai and Hong Kong gained while Tokyo retreated. Oil rose more than $2 per barrel.
... Read the Full Story |
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Markets | | |
They say every dog has its day.
For U.S. large cap stocks, that day has finally arrived for some of the year’s biggest underperformers.
The Russell 1000’s 11% rebound from last month’s low has given some much-needed relief for a market struggling with a volatile concoctio... Read the Full Story |
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Markets | | | Sporting goods retailer Big 5 Sporting Goods (NASDAQ: BGFV) shares have be fallen (-60%) off its post-pandemic highs as benchmark indexes fell. The shares of the pandemic benefactor are starting to stage a rally despite losing some steam from the pent-up demand fueled reopening period. The latest qu... Read the Full Story |
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From Our PartnersStep-by-step guide to trading and winning in any market conditions with just ONE stock. | | | | Continue Reading |
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Politics | | | MOSCOW — The Kremlin says there was no breakthrough in the latest round of talks with Ukraine.
Kremlin spokesman Dmitry Peskov said Wednesday it was a “positive factor” that Ukraine submitted its written proposals, but added that “we can’t say there has been something promising or any... Read the Full Story |
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Politics | | | The U.N.’s top human rights body has chosen a Norwegian former judge at the European Court of Human Rights to head a three-member panel to investigate possible abuses and violations in Ukraine following Russia’s invasion Read the Full Story |
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Politics | | | KYIV, Ukraine — Ukraine’s state agency for emergencies says that the death toll in a Russian strike on the regional administration building in the southern city of Mykolaiv has risen to 14.
Ukrainian authorities say Russian forces blasted a gaping hole in a nine-story government build... Read the Full Story |
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Stocks | | |
“Lululemon (NASDAQ: LULU) rallies after topping estimates for the holiday quarter, posting strong guidance”. This was one of the headlines that broke shortly after the athleisure company released its fiscal Q4 earnings on Tuesday evening and which summed it up nicely. They reported tha... Read the Full Story |
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Markets | | | Iconic luxury fashion brand Ralph Lauren (NYSE: RL) stock has been in a trading range despite the benchmark index sell-off in 2022. The Company has emerged from its reorganization running on all cylinders. Ralph Lauren was successful in offsetting increased logistics and freight costs with a success... Read the Full Story |
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Wednesday's Early Bird Stock Of The Day Apple Hospitality REIT, Inc. (NYSE: APLE) is a publicly traded real estate investment trust (REIT) that owns one of the largest and most diverse portfolios of upscale, rooms-focused hotels in the United States. Apple Hospitality's portfolio consists of 223 hotels with more than 29,400 guest rooms located in 87 markets throughout 37 states as well as one property leased to third parties. Concentrated with industry-leading brands, the Company's hotel portfolio consists of 99 Marriott-branded hotels, 119 Hilton-branded hotels and five Hyatt-branded hotels. | | View Today's Stock Pick |
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