Good MorningEquity markets ended a mixed week on a down note Friday, falling more than 1.0% at the day's low. The S&P 500 enters this week on an uncertain footing with an FOMC meeting on tap. The market is pricing in a 25 basis point interest rate hike, which is likely, but it is also pricing in a lower peak than last week. This is a risk, given the state of inflation and the most recent FOMC commentary. Given the Fed's stance, the new policy statement is more likely to support the idea of higher rates for longer.
Ultimately, the outlook for earnings will keep the market moving in one direction or another. As it is, the consensus figures for the year continue to decline and weigh heavily on the S&P 500. Some stocks are set up to rebound during the spring, but more will remain range bound or fall to new lows. Featured: Not Three or Four Stocks... (TCS) 
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Markets | | Video games have been around for decades, but esports is a relatively new outcropping of the industry. Unlike recreational gamers who buy consoles or play online with (or against) friends, esports has professional gamers competing in large-scale tournaments for cash prizes. Not only do the participa... Read the Full Story |
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From Our PartnersHe found Apple at $1.49… Oracle at $0.51… Amazon at $46. Marketwatch called him "The Advisor Who Recommended Google Before Anyone Else." Now, investing legend Louis Navellier is revealing his Top 11 Stocks for 2023. | | Click here to download your free copy. |
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Warren Buffett has explained market cycles and overall sentiment views toward stocks by expressing that interest rates act as a gravitational pull affecting equities. In this sense, when interest rates increase, gravity affects stocks, thus pulling them down or making it much harder to continue an... Read the Full Story |
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The Silicon Valley Bank disaster has spread contagion fears throughout the regional banking industry. Regional bank Fifth Third Bancorp (NASDAQ: FITB) stock has been pummeled with the rest of the regional banks. Shares are trading down (23.5%) for 2023. The banks are facing a “throw the baby... Read the Full Story |
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From Our PartnersThe Federal Reserve has a disturbing plan that is getting ready to roll out as soon as May. This is a lot more than printing trillions of dollars or manipulating interest rates. It's about every checking account, every purchase and every money transfer in America — including yours and mine. | Click here to discover how to protect your money |
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Markets | | Credit Suisse shares plunged Monday after Swiss authorities cut a deal with its bigger rival UBS to acquire the troubled bank at a marked-down price. But European bank stocks and the wider market gained as investors watch whether moves to shore up banks will stem further upheaval in the global finan... Read the Full Story |
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Markets | | Asian stock markets followed Wall Street higher on Tuesday ahead of a Federal Reserve decision on another possible interest rate hike amid worries about global banks.Shanghai, Hong Kong and Seoul advanced. Japanese markets were closed for a holiday. Oil prices declined.Wall Street's benchmark S&... Read the Full Story |
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From Our PartnersSmart investors are blowing away Wall Street's so-called "experts" on green-metals stocks. And with the clean-energy revolution in full-swing, the near-term gains could be absolutely life-changing. The timing is dead-on accurate with this US$2 stock securing a world-class green-metals resource designated as a Strategic Minerals Deposit at 5.7 Million ounces with drills turning now. | | More details here... |
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Markets | | While Wall Street works to contain the biggest American bank failure since the 2008 financial meltdown, founders of startups who are people of color worry it could become even harder to secure financial support Read the Full Story |
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Markets | | President Joe Biden is calling on Congress to allow regulators to impose tougher penalties on the executives of failed banks, including clawing back compensation and making it easier to bar them from working in the industry Read the Full Story |
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Markets | | New York Community Bank has agreed to buy a significant chunk of the failed Signature Bank in a $2.7 billion deal, the Federal Deposit Insurance Corp. said late Sunday.The 40 branches of Signature Bank will become Flagstar Bank, starting Monday. Flagstar is one of New York Community Bank's subsidiar... Read the Full Story |
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Shares of PagerDuty Inc. (NYSE: PD), which makes monitoring software, are approaching a cup-with-handle buy point above $33.77.
For investors looking for off-the-beaten-path stocks that could become winners, PagerDuty fits the bill.
This company has several traits of stocks that rise... Read the Full Story |
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The apparel sector has experienced a push on all fronts for most of 2022 and the current year, as indicated by the expanding apparel readings in the United States ISM manufacturing PMI index. The survey results of the index suggest an accelerated expansion in apparel employment, production, prices... Read the Full Story |
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Monday's Early Bird Stock Of The Day Marqeta, Inc. operates a cloud-based open application programming interface platform that delivers card issuing and transaction processing services. It offers its solutions in various verticals, including financial services, on-demand services, expense management, and e-commerce enablement, as well as buy now, pay later. Marqeta, Inc. was incorporated in 2010 and is headquartered in Oakland, California. | View Today's Stock Pick |
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