Good MorningEquity markets tried to hold their ground on Wednesday but minutes from the last Fed meeting were too much to bear. The minutes reveal a Fed committed to fighting inflation and a committee that may have to increase the rate of interest rate hikes at the next meeting. The recent upswing in month-to-month inflation is troubling as it shows sustained systemic inflation that may persist indefinitely without decisive action.
The next trigger for the market will come on Friday with the release of the PCE price index. The consensus is for core consumer prices to have accelerated versus the previous month and for the YOY comparison to be flat. A flat reading is contrary to the belief that inflation is subsiding and will hurt sentiment, a hot read on this data point could send the market reeling. Featured: The EV Opportunity Everyone Is Missing (Darwin) 
|
Stocks | | |
Despite a decrease in lithium demand from China as EV sales slow, big producers such as Albemarle Corporation (NYSE: ALB) believe business will remain robust.
Whenever there’s a rapidly growing market, plenty of competitors jump in. While Albemarle and other big names, such as Socieda... Read the Full Story |
|
From Our PartnersIt is no secret that the best time to buy stocks is when their prices are low – and our research team has identified a handful of solid businesses with stocks that are currently “on sale” compared to where they were 2 years ago.
(**By clicking link you are subscribing to The Summa Money Newsletter and may receive up to 2 additional free bonus subscriptions. Unsubscribing is easy. Full disclosures found here.)
| | Learn How To Potentially build Your Portfolio 10X |
|
Markets | | | Global stock markets were mixed Thursday after notes from a Federal Reserve meeting showed officials expect more U.S. interest rate hikes to fight stubborn inflation.
London, Shanghai and Hong Kong declined. Frankfurt and Wall Street futures advanced. Japanese markets were closed for ... Read the Full Story |
|
Markets | | | Asian stock markets rose Thursday following Wall Street's biggest one-day decline in two months after notes from a Federal Reserve meeting showed officials expect to keep U.S. interest rates high to fight stubborn inflation.
Shanghai, Hong Kong and Seoul advanced. Japanese markets wer... Read the Full Story |
|
From Our PartnersEven if the economy goes into a recession, this NASDAQ-listed company is going to continue to grow. If you plan to hold ANY stock and are looking for a solid addition to your portfolio, then you really need to see this one.
(**By clicking link you are subscribing to The Bullish Traders Newsletter and may receive up to 2 additional free bonus subscriptions. Unsubscribing is easy. Full disclosures found here.)
| | Go HERE to Download the Full Report |
|
Markets | | | Asian stock markets rose Thursday following Wall Street's biggest one-day decline in two months after notes from a Federal Reserve meeting showed officials expect to keep U.S. interest rates high to fight stubborn inflation.
Shanghai, Hong Kong and Seoul advanced. Japanese markets wer... Read the Full Story |
|
Markets | | |
Digital lodging platform Airbnb Inc. (NASDAQ: ABNB) stock exploded upside on its Q4 2022 earnings release. The Company posted strong top and bottom line results as shares spiked over 13% in reaction. The post-pandemic recovery in the travel and leisure sector continued through the holi... Read the Full Story |
|
From Our PartnersDuring and after the Great Financial Crisis of 2008, 485 U.S. banks went under. Here at Weiss Ratings, we warned about 484 — an accuracy rate of 99.8%. Now, we have a new warning. But this time, it's not just about a few hundred banks … it's about nearly every single bank in America … | | | | Get all the details here |
|
Stocks | | |
When it comes to sports cars and sports teams, performance matters. The same goes for stocks.
Investors wanting to know how a stock or portfolio performs should look at total return. Total return refers to an investment’s overall gain (or loss) during a given period. With stocks, it's the c... Read the Full Story |
|
Markets | | |
Regulatory risk is king in the mergers and acquisitions (M&A) world as of late, both in the US and abroad. The Biden administration’s aggressive antitrust stance and China’s heavy scrutiny of semiconductor deals means that regulatory risk could kill an otherwise perfect M&A dea... Read the Full Story |
|
Stocks | | | Stocks stalled in mixed trading on Wednesday, a day after falling to their worst loss since December, as Wall Street prepares for interest rates to stay higher for longer.
The S&P 500 dipped 0.2% after drifting between small gains and losses through the day. The Dow Jones Industri... Read the Full Story |
|
Markets | | | U.S. Treasury Secretary Janet Yellen is urging other leading economies to move faster in resolving debt crises that threaten a growing number of countries.
Yellen made the comments in a meeting Thursday with India’s finance minister, Nirmala Sitharaman, on the sidelines of a meeting ... Read the Full Story |
|
Markets | | |
The market for Camping World (NYSE: CWH) fell sharply on February 21st, the day before the Q4 results were released, but this move was misplaced. Whether it was fear of slowing sales or an issue with the dividend, those fears were misplaced. The Q4 results aren’t fantastic, and they come wit... Read the Full Story |
|
Thursday's Early Bird Stock Of The Day Akoustis Technologies, Inc., through its subsidiary, Akoustis, Inc., designs, develops, manufactures, and sells radio frequency (RF) filter products for the mobile wireless device industry in the United States, Asia, Europe, and internationally. It operates through Foundry Fabrication Services and RF Filters segments. The Foundry Fabrication Services segment provides engineering review and backend packaging services. Its RF Filters segment sells amplifier and filter products. It offers RF filters for mobile wireless devices, such as smartphones and tablets, cellular infrastructure equipment, Wi-Fi customer premise equipment, and military and defense applications. The company was founded in 2013 and is headquartered in Huntersville, North Carolina. | | View Today's Stock Pick |
|
