Good MorningThe selloff in the equity markets intensified last week following a bearish technical signal, high inflation, and remarks from Fed chief Jerome Powell. Mr. Powell said inflation was a problem the Fed would fight forcefully adding that businesses and families would feel some pain in the process. The need to fight inflation means higher interest rates meant to cut back on hiring and activity which means fewer business and work opportunities over the next year or two. The S&P 500 fell more than 3.0% at the low of the day and looks like it will fall further in the coming days. The move not only confirms a reversal of long-term proportion but shows a high conviction within the market as well.
This week is another hurdle for the market. The NFP data is due out on Friday and is expected to show a slowdown in hiring as well as an increase in wages which is bad news for the market. In that scenario, labor and consumer markets are already feeling pain but not enough to correct the pace of inflation or stave off aggressive FOMC action. Featured: Five Dividend Stocks to Buy Now (FREE INSIDE) (The Oxford Club) 
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Stocks | | | Deflation enablers are companies that help organizations cut costs, grow efficiencies, and optimize performance during uncertain macroeconomic environments like recessions and bear markets. As consumers pull back on spending in attempts to stretch their wallets, companies must adjust and adapt for s... Read the Full Story |
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From Our PartnersI've never been THIS concerned. Millions are now rushing towards life at "Ground Zero". A frightening new financial reality that has the potential to erase the wealth of millions. The worst part of it all? It's largely avoidable if you know what to look for. It all hinges on a single, simple $1 asset that skyrockets during strange times like these. | | Click here to discover how to stake your claim NOW... before this stock takes off. |
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Markets | | | Network storage maker NetApp (NASDAQ: NTAP) gapped up nearly 8% Thursday following its earnings report, but reversed course Friday, closing 4.58% lower.
It’s safe to say Friday’s action reflected a broad market selloff in the wake of Fed chairman Jerome Powell’s remarks about furt... Read the Full Story |
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Since pushing to an all-time high in September 2021, Medtronic (NYSE: MDT) has been falling in lock step with tech stocks. That pattern continued even after the company posted a double beat in its fiscal year 2023 first quarter. MDT stock feel 4% on the news. Later in the week the stock regai... Read the Full Story |
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From Our PartnersThere aren’t too many “safe” places to put your money in this market… but this one industry comes close. Demand is still high. Companies are still flush with cash. And the market is actually showing signs that it’s ready to rally already. Best of all, our favorite pick is a penny stock!
(**By clicking link you are subscribing to The Investing Council Newsletter and may receive up to 2 additional free bonus subscriptions. Unsubscribing is easy. Full disclosures found here.) | | Go HERE to load up on these shares today |
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Markets | | |
Not all big stock moves are equal.
Some are accompanied by heavy trading volume. Others come with but a whimper of activity.
Which ones are more significant? Often it's the high volume moves that pack the most punch.
In stock investing, when a crowd forms it typically sticks around ... Read the Full Story |
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Markets | | | Rivian (NASDAQ: RIVN) was heavily hyped up EV play up due to the celebrity fund manager investors like Ray Dalio and David Einhorn as well as the investments by Amazon (NASDAQ: AMZN) and Ford (NYSE: F). The Company is solely focused of scaling up production. The Company expects the impact of in... Read the Full Story |
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From Our PartnersWe take great pride in our long history of accurate forecasts for investors. From our early warning of the stock market crash in 1987 to just last year when we predicted Russia's invasion of Ukraine and the massive spike in resource prices that followed it.
And now, we are releasing our most important forecast of all. A convergence we believe will upend nearly everything about the way we live, save and invest. | | | | Watch our emergency video broadcast |
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Markets | | | Diesel and heating oil supplies in the Northeast are more than 50% below the recent average, raising concerns that an extreme weather event could cause supply disruptions, federal officials said.
Fuel supplies are lower than normal across the country for a variety of reasons, includin... Read the Full Story |
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Politics | | | Russia and Ukraine traded claims of rocket and artillery strikes at or near Europe's largest nuclear power plant on Sunday, intensifying fears that the fighting could cause a massive radiation leak.
Ukraine's atomic energy agency painted an ominous picture of the threat Sunday by issu... Read the Full Story |
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Politics | | | The U.N. nuclear watchdog on Monday injected a ray of hope in the standoff over the Zaporizhzhia atomic power plant at the heart of fighting in Ukraine by announcing that its mission of top experts “is now on its way” to the facility even as renewed shelling in the area highlighted fears of a catast... Read the Full Story |
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Politics | | | Asian shares declined Monday after the head of the U.S. Federal Reserve indicated high interest rates will continue for some time to curb inflation.
The plunge in Asia paralleled the drop on Wall Street, where the Dow Jones Industrial Average ended the week sinking more than 1,000 po... Read the Full Story |
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Politics | | | Asian shares declined Monday after the head of the U.S. Federal Reserve indicated high interest rates will continue for some time to curb inflation.
The plunge in early trading in Asia paralleled the drop on Wall Street, where the Dow Jones Industrial Average ended the week sinking m... Read the Full Story |
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Monday's Early Bird Stock Of The Day Illumina, Inc. offers sequencing- and array-based solutions for genetic and genomic analysis in the United States, Singapore, the United Kingdom, and internationally. It operates through Core Illumina and GRAIL segments. The company offers sequencing and array-based instruments and consumables, which include reagents, flow cells, and library preparation; whole-genome sequencing kits, which sequence entire genomes of various size and complexity; and targeted resequencing kits, which sequence exomes, specific genes, and RNA or other genomic regions of interest. It also provides whole-genome sequencing, genotyping, noninvasive prenatal testing, and product support services; and Galleri, a multi-cancer early detection test. In addition, the company is developing solutions to help accelerate cancer diagnoses, blood-based detection for minimal residual disease, and other post-diagnostic applications. The company serves genomic research centers, academic institutions, government laboratories, and hospitals, as well as pharmaceutical, biotechnology, commercial molecular diagnostic laboratories, and consumer genomics companies. It markets and distributes its products directly to customers, as well as through life-science distributors. Illumina, Inc. was incorporated in 1998 and is based in San Diego, California. | | View Today's Stock Pick |
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