Good MorningEquity markets went wild last week as stronger-than-expected data and a surge in the 10-year treasury yield drove market sentiment. Both data points suggest the Fed will keep interest rates high for a long time, making the New Normal normal. That means the rates on many consumer products are increasing to match the expectation that the FOMC will not be lowering interest rates any time soon.
This week could bring another round of increased volatility for the S&P 500. Not only is there inflation data coming out, but the peak of earnings season begins on Friday. PPI, CPI, and import prices are due on the inflation front. The CPI should be expected to accelerate compared to the previous month, given the sustained increase in oil prices since summer. The risk now is that the data will lead the FOMC to increase interest rates again and break the economy for real.
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Regarding small-caps and low-float stocks, the market works in cycles. Traders often experience lull periods of hard-to-come-by movers with impressive volume and range. On the other hand, there are periods in the cycle where traders might think that everything will surge 100 to 500% higher. We&rsq... Read the Full Story |
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What is a value stock? What makes it a value stock? What is value? These questions date back before the initial 'Where do we come from?'. Today, you will get a sense of what constitutes investing in valuable, high-quality assets, taking a chunk of brains from Benjamin Graham, Warren Buffett, and o... Read the Full Story |
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When markets find a moat in a business, the secret will likely be well-kept to avoid a price rally before all the big guys can get in on the action. While not necessarily a blockbuster name today, Starbucks (NASDAQ: SBUX) is one of those resilient moat businesses.
Starbucks is considered a social... Read the Full Story |
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Stocks | | | Wall Street rallied in a whipsaw Friday and erased its morning losses after looking deeper into the nuances of a surprisingly strong report on the U.S. job market. The S&P 500 climbed 1.2% after charging back from an earlier drop of 0.9%. The Dow Jones Industrial Average rose 288 points, or 0.9%... Read the Full Story |
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Markets | | | Asian shares mostly rose in cautious trading Friday after Wall Street drifted to a quiet close on worries about a too-hot U.S. job market.Japan's benchmark Nikkei 225 fell 0.3% to finish at 30,994.67. Australia's S&P/ASX 200 rose 0.4% to 6,954.20. South Korea's Kospi edged up 0.2% to 2,408.73. H... Read the Full Story |
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Tesla Inc. (NASDAQ: TSLA) stock is within striking distance of clearing a cup-with-handle base, but with company news mixed, is there likely to be a catalyst for a breakout soon?
If investors seem undecided about Tesla at the moment, the same is true for Chinese EV maker BYD Co. Ltd. (OTCMKTS: BY... Read the Full Story |
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Markets | | | Share prices were mixed on Monday after the Israeli government declared war following deadly attacks by Hamas from the Gaza Strip. U.S. futures were lower and oil prices gained more than $3 a barrel. Conflict in the Middle East often raises the specter of higher oil prices given the risk of disrupti... Read the Full Story |
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Markets | | | Sam Bankman-Fried authorized the illegal use of FTX customers’ funds and assets to plug financial gaps at an affiliated hedge fund from the exchange’s earliest days, FTX’s co-founder Gary Wang told a New York jury on Friday, as prosecutors pressed their case that Bankman-Fried was the mastermind behind one of the biggest frauds in U.S. history Read the Full Story |
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Markets | | | Shares in the troubled British lender Metro Bank bounced back by a third on Friday on reports that it has been sounding out bigger rivals to buy a chunk of its assets.Sky News reported that advisers to the bank have contacted Lloyds Banking Group and NatWest Group among others. That helped the compa... Read the Full Story |
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Levi Strauss's (NYSE: LEVI) price action is down more than 50% from the 2021 highs through no fault. The boom in pricing and subsequent correction resulted from the pandemic bubble, a bubble that had little impact on the underlying business. The takeaway from the Q3 release is that this business i... Read the Full Story |
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Monday's Early Bird Stock Of The Day XPLR Infrastructure LP engages in the acquisition, management, and ownership of contracted clean energy projects with long-term cash flows. It owns interests in wind and solar projects in North America and natural gas infrastructure assets in Texas. The company was founded on March 6, 2014 and is headquartered in Juno Beach, FL. | | View Today's Stock Pick |
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