Good MorningInvestors and market-watchers got a shock on Wednesday when the Federal Reserve Open Market Committee announced its latest interest rate decision. The committee left rates unchanged and indicated it would continue to buy U.S. assets as expected but the outlook dimmed. The FOMC says that economic growth, while robust in the 4th quarter, slowed significantly as COVID-risks emerged.
The S&P 500 and other major indices started the day in negative territory and extended the losses after the FOMC announcement. The S&P 500 fell more than 2.5% by the end of the day and could continue to fall in the coming days. The VIX, the so-called “fear index”, surged more than 30% to a two month in the early stages of a reversal. A reversal in the VIX is ultimately bad for the market and could indicate a deep correction is on the way. Featured: The Pentagon Is Quietly Funding This Florida Company (Ad) 
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Technology | |
When you think of semiconductor stocks, some of the first names that come to mind probably include companies like Nvidia, Intel, and Qualcomm. While these popular names are a focus for many, sometimes taking time to explore the companies that aren’t as well-known can lead to stronger returns... Read the Full Story |
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From Our Partners | | Most options educators jump straight into Greeks, spreads, and implied volatility - losing beginners before they ever place a trade.
This free guide from Base Camp Trading takes a different approach, starting with the basics and showing you exactly how options work, why traders use them, and how they fit into a simple trading plan. | | Claim your free options guide and start building real trading knowledge |
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Markets | | Additive manufacturing 3D printing solutions company Desktop Metal (NYSE: DM) stock has recovered back through its reverse merger highs of $24.80 hit on Dec. 10, 2020. The Company reversed merged into special purpose acquisition company (SPAC) Trine Acquisitions to trade under the new symbol DM on D... Read the Full Story |
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Markets | | U.S. electric vehicle (EV) manufacturer Fisker Inc. (NYSE: FSR) stock went public through reverse merger with Spartan Energy Acquisition Corp. on Oct. 30, 2020. The fervor over special purpose acquisition companies (SPACs) and EVs reached a fever pitch on the rumor of luxury EV makers Lucid Motors p... Read the Full Story |
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From Our Partners | | The U.S. Army and Department of Energy are preparing to launch Project Janus, a high-priority initiative centered on a new fuel source.
One obscure defense contractor reportedly has a five-year head start on every competitor, with the first powerplant expected to go live before December 18, 2026.
Full details on the company, including its name and ticker symbol, are available now. | | Get the stock name and ticker before Project Janus goes live |
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Utilities | |
Shares of NextEra Energy Partners (NYSE:NEP) are trading down over 10% after reaching a 52-week high post earnings. The question is why? On January 25, the company reported revenue that fell short of analysts’ expectations but posted a significant beat in earnings. And after the earnings rep... Read the Full Story |
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Consumer Discretionary | | Cautious Or Not, Investors Are Not Happy With Starbucks’ Guidance
Shares of Starbucks (NASDAQ:SBUX) fell hard in the wake of the calendar Q4/fiscal Q1 earnings report. The primary culprit is the guidance. The guidance came in weaker than consensus in market expecting more than the consensus b... Read the Full Story |
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From Our Partners | | Reuters calls it a combination without precedent in U.S. market debuts. Barron's estimates the coming AI IPO wave could be worth 4 trillion dollars, led by OpenAI and Anthropic.
Former IPO insider Jason Bodner previously flagged Nvidia before its 7,161% run, Super Micro Computer before its 2,601% run, and The Trade Desk before its 2,572% run.
Now he's breaking down how investors can position ahead of the OpenAI and Anthropic IPOs. | | Click here to see Jason Bodner's full breakdown of the details |
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Communication Services | |
Looking at the results this quarter for AT&T (NYSE:T) demonstrates, and shockingly well, why having a company's fingers in a wide range of pies is such a worthwhile stance to take. While not all of AT&T's business went well, some parts did well enough by comparison to take up quite a bit o... Read the Full Story |
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Industrials | | Rockwell International Forecasts Robust Industrial Rebound
Rockwell International (NYSE:ROK) reported a bit of a mixed quarter and one that sent share prices reeling but investors shouldn’t get too worked up about it. The underlying trends are positive, the outlook is favorable, and the compa... Read the Full Story |
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Consumer Discretionary | | The Housing Boom Is Only Getting Started At D.R. Horton, Inc
D.R. Horton (NYSE:DHI) reported a very strong quarter for fiscal Q4 and we are not surprised. Not only did the company’s previous two quarters lead up to it but the recent data suggest a robust acceleration of what were already stro... Read the Full Story |
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Industrials | | 3M (NYSE: MMM) released its fourth-quarter numbers yesterday, and beat on the top and bottom lines. Shares gained more than 3% on high volume, and neared the $180 level, where 3M has faced resistance since last summer.
So, does 3M have what it takes to break through? Or are shares going to head bac... Read the Full Story |
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Technology | | Just as the number of headlines warning about a bubble in tech starts to increase, out comes Microsoft (NASDAQ: MSFT) with stellar numbers to silence the critics. Or at least quieten them down for another while. The tech giant reported its fiscal Q2 numbers after Tuesday’s session and beat eve... Read the Full Story |
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The Early Bird Stock Of The Day Western Midstream Partners, LP, together with its subsidiaries, operates as a midstream energy company primarily in the United States. It is involved in gathering, compressing, treating, processing, and transporting natural gas; gathering, stabilizing, and transporting condensate, natural gas liquids (NGLs), and crude oil; and gathering and disposing produced water. The company also buys and sells natural gas, NGLs, and condensate. It operates assets located in Texas, New Mexico, the Rocky Mountains, and North-central Pennsylvania. Western Midstream Holdings, LLC operates as the general partner of the company. The company was formerly known as Western Gas Equity Partners, LP and changed its name to Western Midstream Partners, LP in February 2019. Western Midstream Partners, LP was incorporated in 2007 and is based in The Woodlands, Texas. | | View Today's Stock Pick |
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