Good MorningThe Wall Street sell-off intensified on Monday with the S&P 500 down more than 3.5% at the low of the day. The move was driven by the rising fear of inflation and economic slowing in the face of growing numbers of COVID-19 cases worldwide. High growth tech stocks led the decline, pushing the NASDAQ deeper into correction territory and the S&P 500 below the -10% mark.
The risk for the market now is a much deeper correction. With the S&P 500 down more than 10% and testing support at the October 2021 lows, there is a risk the move could go to a full 20%. In that scenario, the S&P 500 would still be well above the long-term trend and at risk of falling even further. At best, investors should brace for a rocky and possibly a range-bound year of trading in 2022. Featured: I interviewed 600 crypto millionaires – here's what's coming (Ad) 
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Tech | | | The Dow Jones Industrial Average dropped more than 1,000 points Monday as financial markets buckled in anticipation of inflation-fighting measures from the Federal Reserve and fretted over the possibility of conflict between Russia and Ukraine Read the Full Story |
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From Our PartnersWhat If Washington Declared That:
YOUR Money ISN'T Actually Yours?
Sounds insane, but that's exactly what the Department of Justice just admitted in court—claiming cash isn't legally your property.
What does that mean? It means Washington thinks they can seize, freeze, or drain your accounts—whenever they want. | | | Get your free guide now by clicking here >> |
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Stocks | | | Whether you believe some of the famous companies above are bearish and/or overvalued (another argument for another day) or are just looking to inject some new blood into your portfolio, let's go through some options you might consider. Read the Full Story |
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Politics | | | The Dow Jones Industrial Average has dropped more than 1,000 points Monday as financial markets buckled in anticipation of inflation-fighting measures from the Federal Reserve and the possibility of conflict between Russia and Ukraine Read the Full Story |
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From Our PartnersWashington is running out of money…And guess where they'll look next?
When governments go broke, they take from the people.
It's happened before, and it's happening again.
The Department of Justice just admitted that cash isn't legally YOUR property. | | | Get your free guide now by clicking here >> |
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Markets | | | While it’s true that there simply isn’t a stock that is 100% risk-free, focusing on companies that are perceived to be low-risk and in good financial standing can be a very savvy strategy during corrections.
Read the Full Story |
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Markets | | | European stocks opened higher Tuesday after a day of steep losses in Asia as markets waited to hear from Federal Reserve chair Jerome Powell after a two-day policy meeting that ends Wednesday.
The possibility of conflict between Russia and Ukraine and concern over coronavirus outbrea... Read the Full Story |
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Markets | | | European stocks opened higher Tuesday after a day of steep losses in Asia as markets waited to hear from Federal Reserve chair Jerome Powell after a two-day policy meeting that ends Wednesday.
The possibility of conflict between Russia and Ukraine and concern over coronavirus outbrea... Read the Full Story |
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Markets | | |
You wouldn’t know it by the negative sentiment swirling around the stock market lately, but approximately one-third of S&P 500 constituents are up year-to-date. Unfortunately, this group has been easily overpowered by an assault on high multiple and unprofitable companies that has the be... Read the Full Story |
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Markets | | | European stocks opened higher Tuesday after a day of steep losses in Asia as markets waited to hear from Federal Reserve chair Jerome Powell after a two-day policy meeting that ends Wednesday.
The possibility of conflict between Russia and Ukraine and concern over coronavirus outbrea... Read the Full Story |
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Markets | | | Popular restaurant franchisor Yum! Brands (NYSE: YUM) stock has been selling off with the benchmark indexes despite strong earnings. The Company is a franchisor of well-known restaurant brands including KFC, Pizza Hut, Taco Bell, and Habit Burger Grill. All brands are growing with KFC leading the pa... Read the Full Story |
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Markets | | | The analysts are driving shares of Schlumberger (NYSE: SLB) higher and we think this is just the beginning of a very long trend. The entire oil industry is supported by fundamental factors that should keep them busy and prices high for the foreseeable future and no one is better positioned to capture industry strength than Schlumberger. Read the Full Story |
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Tuesday's Early Bird Stock Of The Day Wells Fargo & Co. is a diversified and community-based financial services company, which engages in the provision of banking, insurance, investments, mortgage, and consumer and commercial finance products and services. It operates through the following segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management. The Consumer Banking and Lending segment offers consumer and small business banking, home lending, credit cards, auto, and personal lending. The Commercial Banking segment provides banking and credit products across industry sectors and municipalities, secured lending and lease products, and treasury management. The Corporate and Investment Banking segment is composed of corporate banking, investment banking, treasury management, commercial real estate lending and servicing, and equity and fixed income solutions, as well as sales, trading, and research capabilities. The Wealth and Investment Management segment refers to personalized wealth management, brokerage, financial planning, lending, private banking, trust, and fiduciary products and services. The company was founded by Henry Wells and William G. Fargo on March 18, 1852 and is headquartered in San Francisco, CA. | | View Today's Stock Pick |
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