Good MorningEquity markets are bracing for what could be disappointing economic news in the face of rising optimism that inflation has peaked. The data includes the 1st read of Q4 GDP on Thursday and the PCE price index on Friday. Both are expected to reveal underlying economic strength and could come hotter than expected. In this scenario, the fear of rising interest rates would peak again and likely bring the S&P 500 down. If not, the market may be able to extend the rally that began on the 1st of the year and end January on an up note.
The S&P 500 is at a critical juncture. It is above a key channel but below a pivotal resistance level that could continue to cap gains if no other catalysts emerge. The risk that seems to be ignored by many market watchers is that the outlook for S&P 500 earnings is in decline. In this light, the index may move higher in the near term, but any gains are subject to quick reversal as the market bias is still bearish. Featured: Laser breakthrough could send stock soaring 2,476% (Behind the Markets) 
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Cybersecurity stocks are down from their high-flying days in the post-pandemic world. Stocks from Palo Alto Networks (NASDAQ: PANW) to Datadog Inc. (NASDAQ: DDOG) and Paycom Software (NASDAQ: PAYC) are down 50% or more from those days, but the time to buy them might be at hand. Results from F5 Net... Read the Full Story |
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Markets | | | Asian stock markets were mixed Thursday amid hopes Western economies can avoid a recession despite higher interest rates to cool inflation.
Hong Kong and Seoul advanced. Tokyo declined. Markets in China, India and Australia were closed for holidays.
Wall Street ended We... Read the Full Story |
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A mini-rally in the world of semiconductors makes many on Wall Street sit up and take notice. After logging a horrible 2022 with its seemingly endless supply of bad news, there’s been a decent lift across the board, particularly with some. Advanced Micro Devices, Inc. (NASDAQ: AMD) is one su... Read the Full Story |
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From Our PartnersThe Wall Street Journal reports that this medical breakthrough is "Transforming Medicine."
One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price. | | | | Get the Details Here >>> |
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Markets | | | Asian stock markets were mixed Thursday amid hopes Western economies can avoid a recession despite higher interest rates to cool inflation.
Hong Kong and Seoul advanced. Tokyo declined. Markets in China, India and Australia were closed for holidays.
Wall Street ended We... Read the Full Story |
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At least two (2) of America’s Class 1 railroads are pulling back into buying territory, which is good news for investors. These railroads are cash-generating machines that pay healthy dividends and buy back shares. The outlook for 2023 is a little cloudy but one thing is clear, capital retur... Read the Full Story |
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From Our PartnersThe U.S. government has helped accelerate the shift toward clean energy... And here are 4 clean energy stocks that appear to be best positioned to deliver high upside potential in 2023 and beyond. | | | | Click Here for ALL 4 Stocks |
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GSK plc (NYSE: GSK) is in the running with Moderna Inc. (NASDAQ: MRNA) and Pfizer (NYSE: PFE) to produce respiratory syncytial virus (RSV) vaccines, and analysts outside the company predict it could have a material impact on its topline revenues.
GSK was one of the first companies to announce a p... Read the Full Story |
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Politics | | | The U.S. economy likely rolled out of 2022 with momentum, registering decent growth in the face of painful inflation, high interest rates and rising concern that a recession may be months away.
Economists have estimated that the gross domestic product — the broadest measure of economi... Read the Full Story |
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Markets | | | The United Nations forecast Wednesday that global economic growth will fall significantly to 1.9% this year as a result of the food and energy crisis sparked by the war in Ukraine, the ongoing impact of the COVID-19 pandemic, persistently high inflation and the climate emergency.
Pain... Read the Full Story |
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Politics | | | Debt-stricken Sri Lanka’s Central Bank chief says the country is making good progress in talks with its creditors to obtain financial assurances for debt restructuring, an important step toward finalizing an International Monetary Fund rescue plan Read the Full Story |
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Johnson & Johnson (NYSE: JNJ) and Abbott Laboratories (NYSE: ABT) are 2 of the more attractive Dividend Kings for today’s market. They offer relatively high yields and at least some value while projecting growth in 2023. This is an important factor to note because the outlook for earning... Read the Full Story |
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Thursday's Early Bird Stock Of The Day Western New England Bancorp, Inc. operates as the holding company for Westfield Bank that provides a range of commercial and retail banking products and services to individuals and businesses. The company accepts various deposit accounts, including interest-bearing and noninterest-bearing checking, commercial checking, business, nonprofit and municipal checking, savings, money market and sweep, individual retirement, and other savings accounts; time deposits; certificates of deposit; and interest on lawyer's trust accounts. It also offers residential real estate loans, including first mortgages, home equity loans, and home equity lines, and secured by one-to-four family residential properties; commercial and industrial loans, such as letters of credit, revolving lines of credit, working capital, equipment financing, and term loans; commercial mortgage loans; construction and land development loans; home equity loans comprising home equity revolving loans and lines of credit; and consumer loans, including automobile, spa and pool, collateral, and personal lines of credit. In addition, the company provides automated teller machine (ATM), telephone and online banking, remote deposit capture, cash management, overdraft and safe deposit facility, and night deposit services. The company was formerly known as Westfield Financial, Inc. and changed its name to Western New England Bancorp, Inc. in October 2016. The company was founded in 1853 and is headquartered in Westfield, Massachusetts. | | View Today's Stock Pick |
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