Good MorningEquities tumbled in the wake of what has become an official Russian invasion of Ukraine. The S&P 500 fell more than 2.0% at the low of the day but closed well off of those lows. While there are signs the sell-off is overextending the real test for the market comes Today with the PCE price index. The trouble in Europe is the news that sparked the selloff but it is inflation that set the stage. If the PCE comes in hot as it is expected to do it should seal the deal on whether or not the FOMC hikes rates by 50 basis points or 25 basis points at its next meeting.
Next week's market action may be just as volatile due to geopolitical events and the release of important economic data. Next week will bring the 1st of March and the monthly NFP read on Friday. The data is expected to be strong but could give further evidence of peaking within the economy. Featured: The Company Redefining Nutrition for the 45+ Crowd (ELMT MGMT) 
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Politics | | | Stocks sank worldwide Thursday after Russia’s attack of Ukraine sent fear coursing through markets and threatened to push the inflation squeezing the global economy even higher.
On Wall Street, the S&P 500 fell 1.1% to continue its dismal start of the year, though it moderated it... Read the Full Story |
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Stocks | | |
The faster they rise, the faster they fall.
That has certainly been the case for U.S. small-cap stocks. After climbing more than 150% from its pandemic low, the S&P 600 index has faced a harsh reality check in recent weeks. An escalating geopolitical crisis together with inflationary and supp... Read the Full Story |
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Politics | | | The latest on the Russia-Ukraine crisis:
BEIJING — China’s Embassy in Ukraine says it is arranging evacuation flights for Chinese citizens. An embassy statement Friday says conditions in Ukraine have “deteriorated sharply” but makes no mention of the Russian invasion. The embassy gave... Read the Full Story |
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From Our PartnersA new form of technology will cause a massive shift in the wealth divide in 2022. Do you own the stocks that will be affected? | | | | Details here… |
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Markets | | | If you’re looking for one word that perfectly describes equity markets in 2022, volatile is a good choice. Investors are trying to process complex factors like soaring inflation, interest rate increases, and geopolitical turmoil, which has naturally led to some sharp selling pressure Read the Full Story |
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Markets | | |
We all need a diversion from international bad news for a second — talking about cuddly pets sounds good, right? Interest in pets during the pandemic skyrocketed and hasn't waned since, and in a national survey, it's been proven that pet parents will keep their pets and won't rehome them.&nb... Read the Full Story |
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From Our PartnersBetween 1995 and its peak in March 2000, the Nasdaq Composite stock market index rose 400% due in large part to the Internet Boom. Our Analysts think this is going to happen again over the next 2-3 years. In fact, the Metaverse is already being built as we speak. Bloomberg Intelligence estimates that the market size for the Metaverse could reach $800 billion by 2024. | | Get the name and ticker of these 4 Metaverse Stocks. |
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Stocks | | |
TDOC stock continues to deliver revenue growth that puts it on a path to profit
Shares of Teladoc Health (NYSE:TDOC) are up 5% in mid-day trading the day after a sharp sell-off. The company delivered a double beat in its fourth-quarter earnings report, but that wasn’t enough to prop u... Read the Full Story |
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Markets | | | U.S. shoppers are giving plant-based burgers a pass.
Plant-based meat company Beyond Meat said Thursday that its sales dropped in the fourth quarter due to weak U.S. retail demand. It was the third quarter in a row that the company's U.S. retail sales saw double-digit declines.
... Read the Full Story |
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Tech | | | Federal regulators are suing to block UnitedHealth Group’s purchase of technology company Change Healthcare, a deal they fear will put too much health care claims information in the hands of one company.
The U.S. Department of Justice said Thursday that the proposed deal would hurt co... Read the Full Story |
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Markets | | | COVID-19 vaccine sales jumped 44% for Moderna in the final quarter of 2021, and the drugmaker expects demand for booster shots to fuel more growth in 2022.
Moderna said Thursday that it has signed purchase agreements for about $19 billion in sales for 2022 with options for an addition... Read the Full Story |
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Stocks | | | Shares of Ruth’s Hospitality Group (NASDAQ: RUTH) tanked and tanked hard in the wake of the Q4 earnings release but we’re not surprised the loss has already been recovered. Institutional buying has been aggressively bullish the last year and especially YTD in 2022 and the results aren’t bad. Read the Full Story |
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Friday's Early Bird Stock Of The Day Republic Services, Inc., together with its subsidiaries, offers environmental services in the United States and Canada. It is involved in the collection and processing of recyclable, solid waste, and industrial waste materials; transportation and disposal of non-hazardous and hazardous waste streams; and other environmental solutions. Its residential collection services include curbside collection of material for transport to transfer stations, landfills, recycling centers, and organics processing facilities; supply of recycling and waste containers; and renting of compactors. The company also engages in the processing and sale of old corrugated containers, old newsprint, aluminum, glass, and other materials; and provision of landfill services. It serves small-container, large-container, and residential customers. The company was incorporated in 1996 and is based in Phoenix, Arizona. | | View Today's Stock Pick |
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