Good MorningEquities began the week with a retreat driven by rising tensions between Russia and Ukraine. Russia is slowly encroaching on Ukrainian territory and has Europe on the brink of war. The S&P 500 shed about 2.0% at the low of the session and may move lower by the end of the week. The key level for investors to watch is 4,300, a break of this level could send the index down another 10% or more.
Trading this week will be driven by the PCE price index more than anything else. The PCE price index is due out on Friday and is expected to show an acceleration of consumer-level inflation to new multi-decade highs. With the FOMC already set to raise rates in March, a hot number will only increase the odds of a 50 basis point hike to start the cycle. The CME's Fedwatch tool shows the market is pricing in only a 36% chance of 50 basis points in March so there is risk in the data. Featured: Trump Just Gave the Green Light to Rewrite Social Security? (Ad) 
|
Politics | | | Stocks fell on Wall Street in afternoon trading Tuesday after Russia sent forces into Ukraine's eastern regions, escalating tensions. The U.S., European Union and the U.K. responded with sanctions.
The S&P 500 was down 0.4% as of 3:14 p.m. Eastern. The benchmark index was within s... Read the Full Story |
|
From Our PartnersBehind closed doors, away from the mainstream media's eyes, the smartest minds in crypto are all seeing the same signals. They're positioning themselves for something unprecedented.
And after 17 million podcast downloads and over 600 insider interviews, I finally connected all the dots…
What I discovered was so explosive, so potentially life-changing, that I had to put it all in a book. | | | Claim your FREE copy of Crypto Revolution now. |
|
Politics | | | President Joe Biden ordered heavy U.S. financial sanctions against Russian banks and oligarchs on Tuesday, stepping up the West's confrontation with Moscow, even as Russian lawmakers authorized President Vladimir Putin to use military force outside their country.
Biden, in a brief add... Read the Full Story |
|
Politics | | | World leaders are backing up their condemnation of Russia’s aggression against Ukraine with action, announcing financial sanctions, banning trade with Ukrainian separatist regions and halting Russian bond distribution Read the Full Story |
|
|
Politics | | | The latest on the Russia-Ukraine crisis:
BEIJING -- China is accusing the United States of creating “fear and panic” over the crisis in Ukraine.
Foreign Ministry spokesperson Hua Chunying said Wednesday that China opposes new sanctions on Russia, reiterating a longstand... Read the Full Story |
|
Markets | | | As the Russia-Ukraine plot thickens and inflation rears its ugly head in fourth-quarter earnings reports, stocks continue to dig a deeper hole in 2022.The bottom may not be in for some names, but for these three oversold companies, it's time to pull the trigger. Read the Full Story |
|
From Our PartnersJeff Brown, the tech legend who picked shares of Nvidia in 2016 before they jumped by more than 22,000%...
Just did a demo of what Nvidia’s CEO said will be "the first multitrillion-dollar robotics industry." | | | Click here to watch the demo… |
|
Markets | | | The hedge fund trying to buy newspaper publisher Lee Enterprises returned to court Tuesday in a bid to settle a dispute over how votes for two longtime board members should be counted next month at the company's annual meeting.
Alden Global Capital has already lost one lawsuit in the... Read the Full Story |
|
Stocks | | | Wireless providers have 5G networks all over the world, which allows for faster, clearer internet connections, greater connectivity across the globe and advanced software applications and best of all, fewer lags for users. Read the Full Story |
|
Markets | | | After having risen more than 200% from the pandemic low it is time to shut the door on Masonite International (NYSE: DOOR). That is not a judgment of the company or its health but a simple statement of truth that we see in the charts. Read the Full Story |
|
Markets | | | Pharmaceutical giant Pfizer (NYSE: PFE) stock had a blowout Q4 2021 quarter, but shares are pulling back down with the benchmark indexes. Pfizer has become a household name thanks to its COVID-19 vaccines as its medical products reached over 1.4 billion patients worldwide. The Company expects ... Read the Full Story |
|
Stocks | | | If you are watching the news and wondering where the price of Oil (NYSEARCA: USO) is heading we think it is going higher. Much higher. We can sit here and debate the causes of the rise in prices but the fact remains that oil prices are on the rise and the technical picture is bullish. Read the Full Story |
|
Wednesday's Early Bird Stock Of The Day Rush Enterprises, Inc., through its subsidiaries, operates as an integrated retailer of commercial vehicles and related services in the United States and Canada. The company operates a network of commercial vehicle dealerships under the Rush Truck Centers name. Its Rush Truck Centers primarily sell commercial vehicles manufactured by Peterbilt, International, Hino, Ford, Isuzu, IC Bus, Blue Bird, and Dennis Eagle. The company also offers new and used commercial vehicles, and aftermarket parts, as well as service and repair, financing, and leasing and rental services; and offers property and casualty insurance, including collision and liability insurance on commercial vehicles, cargo insurance, and credit life insurance products. In addition, it provides equipment installation and repair, parts installation, and paint and body repair services; new vehicle pre-delivery inspection, truck modification, and natural gas fuel system installation services, body, chassis upfitting, and component installation services; and vehicle telematics products, as well as sells new and used trailers, and tires for use on commercial vehicles. The company serves regional and national fleets, corporations, local and state governments, and owner-operators. It operates a network of centers located in the states of Alabama, Arizona, Arkansas, California, Colorado, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Kentucky, Missouri, Nevada, New Mexico, North Carolina, Ohio, Oklahoma, Pennsylvania, Tennessee, Texas, Utah, Virginia, and Ontario. Rush Enterprises, Inc. was incorporated in 1965 and is headquartered in New Braunfels, Texas. | | View Today's Stock Pick |
|
