Good MorningVolatility continues to rule on Wall Street with the S&P 500 reversing course again on Tuesday and heading lower. The broad market index fell more than 2.0% at the low of the session as traders brace for the FOMC statement due out later today. The statement is not expected to bring a change of policy but could further strengthen the hawkish stance taken by the FOMC in recent months.
The risk for the market now is the FOMC will try to catch up with the economy and front-run inflation. With the PCE price index coming out on Friday, the risk for them is they won’t sound hawkish enough with inflation still on the rise and accelerating on a year-over-year basis. The takeaway for investors is the economy is still hot, as long as the Fed doesn’t stall it out the outlook for interest rates hikes spans years. Between now and then any pullback in stock market prices is going to be a buying opportunity. Featured: A greater danger than Kazakhstan (BehindtheMarkets) |
Politics | | Wild volatility in the stock market this week has put heightened scrutiny on the Federal Reserve’s meeting Wednesday and whether the Fed will clarify just how fast it plans to tighten credit and potentially slow the economy Read the Full Story >> |
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Markets | |
Selling Pressure in Growth Provides Long-Term Opportunities
When growth stocks are in favor, there’s likely no better place to be in the market. They can generate life-changing returns and outperform the market immensely when they are hot. On the flip side, growth stocks are also susceptibl... Read the Full Story >> |
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Markets | | Drive-thru coffee and beverage operator Dutch Bros (NASDAQ: BROS) stock has fallen nearly (-50%) since reaching its post-IPOs highs in October 2021. The Company has developed an almost cult-like following since opening in 1992. The drive-thru enables contactless service which allowed it to continue ... Read the Full Story >> |
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Tech | | Luxury automaker Bentley said Wednesday it is pouring billions into upgrading manufacturing to accelerate its electric vehicle development plan, joining other auto brands shifting away from gasoline engines.
U.K.-based Bentley Motors said that it's investing 2.5 billion pounds ($3.4 ... Read the Full Story >> |
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Stocks | | With the S&P 400 mid-cap index down 8% year-to-date, many stocks have suffered double digit percentages losses despite the end of January trading still a few days away. This has made certain mid-caps with good long-term growth potential downright bargains. Read the Full Story >> |
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Markets | | The Honda Pilot has long been a favorite for three-row SUV shoppers, offering multi-passenger safety, comfort, cargo and convenience, all while remaining affordable and fuel-efficient. But the current-generation Pilot is getting on in years, having debuted for the 2016 model year, and that’s left th... Read the Full Story >> |
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Politics | | The German government on Wednesday cut its growth forecast for this year, but said that Europe's biggest economy remains “robust” and will return to its pre-pandemic size in 2022.
The Economy Ministry predicted that gross domestic product will grow by 3.6%, down from the 4.1% Germany'... Read the Full Story >> |
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Markets | | Thailand’s navy was helping Wednesday to clean up a spill of as much as 128 tons (160,000 liters) of crude oil that leaked from a pipeline in the Gulf of Thailand.
The spill is near an industrial area but some of the oil could hit area beaches by Friday if it’s not dispersed before th... Read the Full Story >> |
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Markets | | Enterprise and government data analytics services provider Palantir Technologies (NASDAQ: PLTR) stock has fallen nearly (-20%) in 2022. The growth stock has fallen more than (-60%) from its peak price of $45 at the beginning of 2021. While shares are much cheaper, they aren’t exactly at bargai... Read the Full Story >> |
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Markets | | Johnson & Johnson (NYSE: JNJ) shares are moving higher on a mixed report. The company missed on the top line but margins came in well above expectation and drove solid results on the bottom line. This has share prices moving higher when the broader market is moving lower and suggests outperformance in the coming year. Read the Full Story >> |
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Wednesday's Early Bird Stock Of The Day CSW Industrials, Inc. operates as a diversified industrial company in the United States and internationally. It operates through three segments: Contractor Solutions, Engineered Building Solutions, and Specialized Reliability Solutions. The Contractor Solutions segment provides condensate pads, pans, pumps, switches, and traps; cements, diffusers, grilles, registers, solvents, thread sealants, and vents; line set covers; refrigerant caps; wire pulling head tools; electrical protection, chemical maintenance, and installation supplies for HVAC; ductless mini-split systems installation support tools and accessories; and drain waste and vent system products for use in HVAC/R, plumbing, general industrial, architecturally specified building products. The Engineered Building Solutions segment offers architectural railings and associated services; fire and smoke protection solutions; and pre-engineered and custom architectural building components for use in architecturally specified building products. The Specialized Reliability Solutions segment provides compounds, lubricants, lubricant management products, and sealants; desiccant breather filtration products; and contamination control, industrial maintenance and repair, rail friction modifiers, sealants, and operations solutions for use in energy, general industrial, mining, and rail transportation. The company was incorporated in 2014 and is headquartered in Dallas, Texas. | View Today's Stock Pick |
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