Good MorningEquity markets started to slip on Wednesday due to a lack of buyable news. This week is not only the Holiday trading week but it is also the depths of the earnings mid-cycle which means very little corporate news is available. What there is, isn't hopeful as many CEOs and CFOs are bracing for what could be a deep recession in 2023.
The caveat for investors is that even the downturn on Wednesday is suspect due to the holiday week. With trading volume so low and so little in the way of catalysts no market movement should be taken seriously. It won't be until next week when the market comes back to work and starts the new year that tradable signals will begin to appear. Until then, prepare for the worst and expect the best.
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Heading into the New Year, many folks might be looking to add some new stocks to their portfolio. Of course, healthcare stocks are always worth considering, as the industry is always a buzz, and these three stocks are certainly ones to watch as 2023 begins.
Slow and Steady is the Name of the Game... Read the Full Story |
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Tesla, Inc. (NASDAQ: TSLA) is not bringing much holiday cheer to investors. In a shortened trading week, Tesla is one of MarketBeat's Most Active Stocks by dollar volume. But that volume is significantly lighter in a week like this than in a typical trading week. And it's heavily in favor of selle... Read the Full Story |
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Stocks | | | Stocks closed lower Tuesday, adding to the market's recent losses as Wall Street counts down its final days of a painful year for investors.
The S&P 500 fell 0.4%, while the Nasdaq composite finished 1.4% lower. Both indexes were coming off their third straight weekly loss. The Do... Read the Full Story |
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Stocks | | | Stocks are closing lower Tuesday afternoon after the long holiday weekend, adding to the market’s recent losses as Wall Street counts down its final days of a painful year for investors. A slide in technology companies, automakers and airlines weighed on the market, offsetting gains in energy stocks... Read the Full Story |
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Immutep Ltd (NASDAQ: IMMP) is a leading developer of immunotherapy treatments for cancer and autoimmune diseases. Specifically, they focus on Lymphocyte Activation Gene-3 (also known as "LAG-3"), a molecule located on the surface of cells that plays a crucial role in immune system regulation.
Th... Read the Full Story |
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Stocks | | | Stocks were mostly lower Tuesday afternoon after the long holiday weekend, adding to the market's recent losses as Wall Street counts down its final days of a painful year for investors.
The S&P 500 was down 0.2% as of 3:39 p.m. Eastern, while the Nasdaq composite was down 1.1%. B... Read the Full Story |
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The outlook for 2023 is very cloudy, as seen in the S&P 500 price action. The outlook for all stocks is not the same, however, and the analysts are rewarding those with proven performance and the ability to grow margins in the face of rising inflation.
Today's list includes Biogen (NASDAQ: BI... Read the Full Story |
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Stocks | | | A broad slide for stocks added to Wall Street's recent losses Wednesday, as investors count down to the end of the worst year for the S&P 500 since 2008.
The S&P 500 fell 1.2%, with technology, energy and industrial stocks among the biggest weights on the benchmark index. The... Read the Full Story |
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Stocks | | | Stocks were mostly lower on Tuesday after the long holiday weekend, dragged lower by airline stocks which were battered by the bad weather. Investors had earlier in the day been positive on the market after China lifted some of its COVID-19 restrictions.
The S&P 500 index was dow... Read the Full Story |
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If you are wondering if Dick's Sporting Goods (NYSE: DKS) can score another win in Q4, the odds are high that it will. The company has been exhibiting strength on a sequential and YOY basis driven by product shifts, private label offerings and expanding margins that have the guidance edging higher... Read the Full Story |
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Thursday's Early Bird Stock Of The Day Rent the Runway, Inc. operates shared designer closet in the United States. The company offers evening wear and accessories, ready-to-wear, workwear, denim, casual, maternity, outerwear, blouses, knitwear, loungewear, jewelry, handbags, activewear, and ski wear under subscription, rental, and resale offering. It also engages in the software development and support activities. Rent the Runway, Inc. was incorporated in 2009 and is headquartered in Brooklyn, New York. | | View Today's Stock Pick |
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