Good MorningThe major indices fell to new lows last week but buyers stepped in on Thursday and Friday to buy the dip. The S&P 500 ended the week well off of its lows and above the key 4,300 level. The move confirms support at the bottom of a trading range and may lead to higher prices this week but there is still risk ahead. Not only is the threat of war in Russia still present but the earnings outlook is dimming and there is the NFP report on Friday to think about.
If the S&P 500 can continue to rally this week it will need to get above the short-term 30-day moving average which is near 4,450 to be in the clear. Even so, there is the risk of resistance at the December lows near 4,500 so it is no time for investors to be complacent. If the market can not get above the combined resistance of the short-term moving average and the 4,500 level investors should brace for a retest of the recent lows. Featured: The 7 Stocks Quietly Gaining Attention Right Now (Ad) 
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Finance | |
Cloud base artificial intelligence (AI) lending platform Upstart Holdings (NASDAQ: UPST) stock has taken a terrifying (-75%) drop from its $401.89 highs before attempting to bounce. The sell-off in the benchmark indexes combined with monetary tightening and the Russian invasion of Ukraine triggere... Read the Full Story |
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Markets | | The S&P 500 (ASX: SPY) has been selling off since it peaked at its all-time high of $479.98 on Jan. 3, 2022. Shares fell as low as $410.64 before staging a bounce attempt. Since the pandemic lows of $218.26 set in March 2020, the “buy the dip” strategy has worked out well for the mos... Read the Full Story |
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Finance | | Digital payments platform PayPal, Inc. (NASDAQ: PYPL) shares has been battered brutally on both a slowdown in its top and bottom line magnified by the sell-off in the benchmark indexes. The e-commerce business has shown signs of retracement in its business as it lowered guidance for fiscal 2022. The... Read the Full Story |
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From Our Partners | | A drilling crew near the Grand Canyon uncovered a clean energy well producing nearly eight times the output of Saudi Arabia's largest oil field, with potential to last two million years.
While the One Big Beautiful Bill Act eliminated federal credits for solar, wind, and EVs, this energy source was reclassified alongside oil and nuclear power and given eight years of tax credits. Google signed a 15-year contract, and Bill Gates committed $100 million.
One company controls the entire supply chain behind this discovery. | | See the ticker behind this Grand Canyon energy breakthrough now |
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Technology | | Cloud-based security monitoring and analytics platform Datadog (NASDAQ: DDOG) stock has recently bounced on its Q4 2021 earnings report. The enterprise data monitoring solutions provider continues to experience hypergrowth on both top and bottom lines. Digital transformation and cloud migration driv... Read the Full Story |
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Technology | |
Investing in glass: Why not? Have you ever really stopped to think about how much stuff glass is in? As a species, we've used glass for thousands of years and we're still using this amazing material for all sorts of new reasons.
The global float glass market was valued at $53 million in 2020 and... Read the Full Story |
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From Our Partners | | AI is expanding beyond software into robots, factories, vehicles, and intelligent machines. That shift could create a new group of market leaders before most investors notice.
A complimentary report, 5 Stocks Powering the Physical AI Revolution, identifies five companies positioned at the center of this shift, along with the technologies, growth drivers, and risks to understand. | | Get your free copy before physical AI becomes Wall Street's next crowded trade |
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Technology | |
Keep An Eye on These 3 Stocks in March
The first few months of 2022 have certainly been eventful, and there are still plenty of questions for investors to ponder as we head into March. How will the conflict between Russia and Ukraine impact the world’s economy and financial markets? Have eq... Read the Full Story |
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Markets | |
Whipsaws Dominate Market Action, More Volatility Expected
Volatility (INDEXCBOE: VIX) has spiked in the wake of the Russian invasion of Ukraine. While the pundits and talking heads debate the causes, what went wrong, and what the outcome will be, traders and investors need to brace for increased... Read the Full Story |
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Healthcare | |
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 up TDO... Read the Full Story |
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Markets | |
The Institutions Are Aggressively Buying Ruth’s Hospitality Group
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 aggressiv... Read the Full Story |
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Consumer Discretionary | |
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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Monday's Early Bird Stock Of The Day Caesars Entertainment, Inc. operates as a gaming and hospitality company. The company owns, leases, or manages domestic properties in 18 states with slot machines, video lottery terminals and e-tables, and hotel rooms, as well as table games, including poker. It also operates and conducts retail and online sports wagering across 31 jurisdictions in North America and operates iGaming in five jurisdictions in North America; sports betting from our retail and online sportsbooks; and other games, such as keno. In addition, the company operates dining venues, bars, nightclubs, lounges, hotels, and entertainment venues; and provides staffing and management services. Caesars Entertainment, Inc. was founded in 1937 and is based in Reno, Nevada. | | View Today's Stock Pick |
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