Good MorningEquities tried to rebound on Wednesday ahead of the Fed meeting but the move didn't get very far. The gains were capped by the FOMC statement and press conference in which Fed Chief Jerome Powell indicated rate hikes would begin very soon. The market took the news to mean the first rate hike will come in March and that it might be larger than previously estimated. The CME's Fedwatch Tool shows a 100% chance of rate hike in March with a growing chance of two 25 basis point hikes at once.
Turning to the indices, the S&P 500 fell almost a full percentage point at the low of the session after climbing the same amount earlier in the day. The move confirms resistance at the key 200-day moving average and at a lower level than previous support. This is evidence of increasing bearish momentum and could lead the market down another 5% to 10% with ease. Featured: The 7 Stocks Quietly Gaining Attention Right Now (Ad) 
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Real Estate | |
Just as there are many moving parts to a fundamental analysis of a stock, an expansive list of technical indicators also lie at investors’ disposal to make their next winning pick.
One aspect of studying charts that technical analysts find appealing is that there is a constant supply of new... Read the Full Story |
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From Our Partners | | Tobacco, telecom, pipelines, and healthcare real estate trade at 10 to 15 times earnings while the index yields about 1 percent.
A free report highlights seven cash-generating stocks with a 5 percent forward yield floor and roughly 6.5 percent average cash yield, capped at two picks per sector.
Each pick includes coverage numbers and an honest bear case. Five of the seven have raised payouts for 17 to 56 straight years. | | Get the seven high-yield dividend stocks free now |
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Technology | |
These 3 Tech Stocks Are Quality Long-Term Buys
You don’t have to be an expert in economics to understand that the market has not been happy about the Fed’s recent announcement of tapering its total asset purchases. Tech stocks have been taking a beating due to impending interest rate ... Read the Full Story |
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Consumer Discretionary | |
Thanks to positive earnings reports from the likes of Microsoft and others, the S&P 500 is showing signs of life this week. However, with the index still down considerably to start the year many large caps remain at depressed levels.
Investors looking to buy the dip should consider companies ... Read the Full Story |
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From Our Partners | | More than 25 candidates were screened for share price between $1 and $5, market cap above $100 million, daily volume over 500,000 shares, and over $10 million in trailing revenue.
Only five stocks cleared every filter, spanning five different sectors. Two are profitable today, and one pays a substantial dividend.
The report also flags what could go wrong with each pick, including dilution and convertible debt. | | See the five stocks that survived this strict revenue screen |
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Industrials | |
Knight-Swift Transportation Is Hammering Out A Bottom
Knight-Swift Transportation (NYSE: KNX) delivered a very strong report and we are not surprised. Not only is the industry supported by strong tailwinds but the company is working on growth and its competitors have been reporting strongly as w... Read the Full Story |
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Materials | |
Good News Isn’t Good Enough For Sherwin-Williams
Sherwin-Williams (NYSE: SHW) Q4 results helped catalyze an idea that has been brewing among us. The headwinds it is facing are cutting into the results in a way that no matter how good it is doing it isn’t meeting up to expectations or... Read the Full Story |
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From Our Partners | | Rumors are circulating that Elon Musk is preparing to acquire three publicly traded companies.
Dr. Mark Skousen, who met Musk in person and called the SpaceX listing months early, says he has identified all three targets in what he calls Elon's $2.1 Trillion Hit List.
See the three companies before the rumors become headlines. | | Get the details on all three companies now |
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Industrials | |
President Biden's administration has announced a $7.5 billion plan to expand electric vehicle charging stations to underserved areas. It's part of Biden's agenda to curb greenhouse gas emissions and climate change.
As part of the American Jobs Plan, the Biden administration announced that it aims... Read the Full Story |
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Consumer Discretionary | | Fashion-forward footwear maker Steve Madden (NASDAQ: SHOO) stock has fallen back to April 2021 price levels. The popular designer stock is trading at just 17X forward earnings despite raising its fiscal Q4 2021 top and bottom line guidance in November 2021. The Company reported the highest quarterly... Read the Full Story |
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Healthcare | |
Institutional Support Is High In Abbot Laboratories
As has become the theme of 1st quarter trading, it looks like institutional activity capped the gains in Abbot Laboratories (NYSE: ABT) but the bottom may already be in sight for shareholders. While the institutional activity shifted in favor o... Read the Full Story |
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Technology | |
Logitech Is A Clear Winner In Tech And A Deep Value
Logitech (NASDAQ: LOGI), without a doubt, has emerged as a clear winner in technology. The company makes all manner of peripheral devices for computers and devices, both work and play, and gaming, and is so well positioned for today’s mark... Read the Full Story |
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Energy | | The S&P energy sector took the lead Tuesday, advancing nearly 4%, as heavily weighted components Chevron (NYSE: CVX), Exxon Mobil (NYSE: XOM) and ConocoPhillips (NYSE: COP) notched strong gains.
One factor behind the increase: West Texas Intermediate crude settled $2.29 higher Tuesday, bouncin... Read the Full Story |
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Thursday's Early Bird Stock Of The Day Hanmi Financial Corporation operates as the holding company for Hanmi Bank that provides business banking products and services in the United States. It offers various deposit products, including noninterest-bearing checking accounts, savings accounts, negotiable order of withdrawal accounts, money market accounts, and certificates of deposit. The company also provides real estate loans, such as commercial property, construction, and residential property loans; and commercial and industrial loans, such as commercial term loans and commercial lines of credit; and international finance and trade services and products, such as letters of credit, and import and export financing. In addition, it offers small business administration loans for business purposes, which comprise owner-occupied commercial real estate, business acquisitions, start-ups, franchise financing, working capital, improvements and renovations, inventory and equipment, and debt-refinancing, as well as equipment lease financing. The company was founded in 1982 and is headquartered in Los Angeles, California. | | View Today's Stock Pick |
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