Good MorningEquity markets rebounded strongly on Thursday but investors should not read too much into the move. The gains were driven by holiday trading and not any news or change to the fundamental outlook. As good as the near 2.0% gain is for the S&P 500, it left the index far short of key levels needed to signal truly bullish behavior.
The outlook for 2023 is as mixed as it has ever been. While the economic data continues to show underlying strength, the rise of inflation and FOMC interest rates remains a shadow that will weight on sentiment for the foreseeable future. If the market's fears are realized and there is a deep recession the S&P 500 will likely move much lower before the end of 2023.
Featured: Politicians Loading Up on One U.S. Energy Stock (Eagle) 
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At first glance, it might seem like Kintara Therapeutics Inc (Nasdaq: KTRA) would not be a good investment. After all, analysts gave the stock a HOLD rating after its Q3 earnings report in November. However, that rating alone is not enough to understand the full scope of possibility in its future,... Read the Full Story |
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From Our PartnersOn September 10, 2018, a tiny Cambridge biotech firm won a patent on a new kind of genetic software that has the potential to eliminate genetic disease from our species.
Bill Gates and Google Ventures have already invested $120 million into this, and Investor's Business Daily estimates the market is worth at least $75 billion.
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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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This article highlights three high-yield dividend stocks that investors will want to consider buying in 2023. Investors are expecting another volatile year. And owning dividend stocks is a time-honored way to stay invested during market volatility.
Because these companies pay shareholders ... Read the Full Story |
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From Our PartnersWe are weeks away from the biggest stock market event in more than 70 years.
Certain stocks and cryptocurrencies could drop by 80%.
Bonds and funds could drop even further.
Even your social security check could be worth 21% less. | | | | Here's how to protect yourself > > > |
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Tech | | | A relatively light day of trading on Wall Street ended Thursday with a broad rally for stocks as investors welcomed new jobless benefits data that shows the labor market remains strong.
The S&P 500 rose 1.7%, with roughly 95% of stocks within the benchmark index closing higher. Th... 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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Stocks | | | Stocks rallied on Wall Street in afternoon trading Thursday as investors reviewed the latest government update showing that the labor market remains strong.
The S&P 500 rose 1.8% as of 1:46 p.m. Eastern. More than 95% of stocks within the benchmark index gained ground. It's the la... 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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Power generation and energy storage systems maker Generac Holdings Inc. (NASDAQ: GNRC) stock has been a heartbreaker. Shares were trading at a high of $524.31 just over a year ago before shares fell to a new weekly lower low of $86.29 in late December, falling below its pre-pandemic levels.
With ... Read the Full Story |
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Shares of Cal-Maine (NASDAQ: CALM) are moving lower in pre-market action, and it might make you think the company had a bad fiscal 2nd quarter. That is not the truth. The truth is that Cal-Maine had a record-setting quarter on many levels and is in a position to do so again and again in calendar 2... Read the Full Story |
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Friday's Early Bird Stock Of The Day Duolingo, Inc. operates as a mobile learning platform in the United States, the United Kingdom, and internationally. The company offers courses in 40 different languages, including Spanish, English, French, German, Italian, Portuguese, Japanese, and Chinese through its Duolingo app. It also provides a digital English language proficiency assessment exam. Duolingo, Inc. was incorporated in 2011 and is headquartered in Pittsburgh, Pennsylvania. | | View Today's Stock Pick |
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