Good MorningEquities rebounded on Tuesday, the first trading day of the week, but we urge investors not to read too much into the move. the rally comes in the wake of new lows for the S&P 500 and is not likely to gain much momentum. The S&P 500 broke out of a downward slanting channel in the previous week which suggests the downtrend will gain momentum and not the other way around. This week, there will be few economic or earnings reports to move the market so inflationary concerns, fear of recession, and Fedspeak will likely take the fore.
The next big hurdle for the market will be the 2nd quarter earnings reporting season. The peak of the season begins in about three weeks with reports from JPMorgan Chase and other big banks and the news may not be good. Rising inflation and dwindling savings could put a cap on consumer spending which is the backbone of the American economy. Featured: (TECH) Add This Stock To Your Portfolio During Rally (Darwin) 
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Stocks | | |
Silver prices continue to remain elevated, trading at $21 an ounce. During times of inflation, silver stocks could be one of the ways to hedge your portfolio against macroeconomic headwinds. Silver prices remain on a firm footing, as demand continues to outpace supply, with total production at 997... Read the Full Story |
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From Our PartnersSearching for the next Microcap stocks with disruptive potential? These companies will release their quarterly earnings very soon... And we have found 5 microcap stocks that could see a spike in share price. | | Click here to get the names of all 5 stocks |
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Politics | | | Asian shares declined Wednesday as markets shrugged off a Wall Street rally and awaited congressional testimony by Federal Reserve Chair Jerome Powell.
Japan’s benchmark Nikkei 225 shed 0.4% to finish at 26,149.55. Australia’s S&P/ASX 200 lost 0.2% to 6,508.50. South Korea’s Kosp... Read the Full Story |
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Politics | | | Global shares declined Wednesday as markets shrugged off a Wall Street rally and awaited congressional testimony by Federal Reserve Chair Jerome Powell.
European benchmarks fell in early trading after shares in Asia finished lower, including in Japan, Australia, South Korea and China... Read the Full Story |
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From Our PartnersOne of the best ways to spot potential opportunity is by tracking insiders.
After all, who knows the company better than an insider - the CEO, CFO, COO, officers, employees, and directors? If they're buying a sizable number of shares, it's often a good idea to start looking into why and perhaps follow them into the stock. Here are five stocks seeing a good share of insider buying in recent weeks. | | Click Here to Download the FREE Report |
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Politics | | | Miraj Madushanka never thought he'd need government rations to ensure his family could eat two meals a day, but Sri Lanka’s economic crisis, the worst in its history, has recast his life and those of many others in its burgeoning middle class.
Families that never had to think twice a... Read the Full Story |
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Tech | | | South Korean prosecutors have barred dozens of people connected to Terraform Labs from leaving the country as they expand an investigation into a $40 billion collapse of the company’s cryptocurrency that devastated traders around the world Read the Full Story |
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From Our PartnersWrite down these 10 stock patterns immediately. Each has the potential to hand gains anywhere between 25%-100% or more in the following weeks. One of the stocks is Amazon. Another one is Apple. Tom Gentile, America's #1 Pattern Trader has given away the exact dates they are scheduled to go up. All for free. | | Just follow his instructions step by step. |
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Markets | | | Theme park and entertainment company SeaWorld Entertainment (NYSE: SEAS) stock has sunk (-33%) for the year. The operator of SeaWorld and Busch Gardens theme parks has been in a recovery since the reopening after COVID lockdowns were pulled. Vaccinations have been the key to the rebound in attendanc... Read the Full Story |
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Markets | | |
Last year, “buy the dip” was a highly effective trading strategy. Each time the stock market dipped lower, it ultimately charged to new highs.
In the U.S. mid-cap space, this lasted until November 2021. Since then the S&P 400 index has had plenty more dips. But like an unbal... Read the Full Story |
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Markets | | | As part of a deal they struck to avoid extradition to the United States, two men pleaded guilty Wednesday in New Zealand to their involvement in running the once wildly popular pirating website Megaupload.
The pleas by Mathias Ortmann and Bram van der Kolk at the Auckland High Court e... Read the Full Story |
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Markets | | | Athleisure apparel and footwear maker Lululemon (NASDAQ: LULU) stock is down (-28%) in the 2022 bear market despite stellar earnings performance. The popular retail fitness apparel brand is still firing on all cylinders despite the return of formalwear as consumers return back to work. The Company r... Read the Full Story |
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Stocks | | | Equities began the week with a strong bounce and the S&P 500 (NYSEARCA: SPY) gained more than 2.6% by midday. As strong as the bounce looks, however, we still don’t think this is the buyable bottom. While there is some indication that a bottom may form during the Q2 reporting season that season is still a few weeks away and there is great risk in the outlook. Read the Full Story |
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Wednesday's Early Bird Stock Of The Day W. R. Berkley Corporation, an insurance holding company, operates as a commercial lines writers worldwide. It operates in two segments, Insurance and Reinsurance & Monoline Excess. The Insurance segment underwrites commercial insurance business, including excess and surplus lines, admitted lines, and specialty personal lines. This segment also provides accident and health insurance and reinsurance products; insurance for commercial risks; casualty and specialty environmental products; specialized insurance coverages for fine arts and jewelry exposures; excess liability and inland marine coverage for small to medium-sized insureds; and commercial general liability, umbrella, professional liability, directors and officers, commercial property, and surety products, as well as products for technology, and life sciences and travel industries. In addition, this segment offers cyber risk solutions; crime and fidelity insurance products; medical professional coverages; workers' compensation insurance products; general insurance; personal lines insurance solutions, including home, condo/co-op, auto, and collectibles; automobile, law enforcement, public officials and educator's legal, and employment practices liability, as well as incidental medical and property and crime insurance products; at-risk and alternative risk insurance program management services; professional liability; energy and marine risks; and provides insurance products to the Lloyd's marketplace. The Reinsurance & Monoline Excess segment provides treaty and facultative reinsurance solutions; property and casualty reinsurance; facultative reinsurance products include automatic, semi-automatic and individual risk assumed reinsurance; and turnkey products such as cyber, employment practices liability insurance, liquor liability insurance and violent events. The company was founded in 1967 and is headquartered in Greenwich, Connecticut. | | View Today's Stock Pick |
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