Good MorningEquities extended their rally on Tuesday with the S&P 500 gaining more than 1.25% at the high of the day and moving above the 4,500 level for the first time in over a month. The move is being met with growing pessimism, however, due to a rising expectation for S&P 500 earnings targets to be lowered. Not only is there an impact from Russian sanctions to worry about but rising oil prices and inflation are playing a role as well. While an economic acceleration is expected in the second half of the year it seems as if 2022's darkest days are still ahead.
Trading on Wednesday will be impacted by Fedspeak. Three FOMC members including chief Jerome Powell are slated to make remarks before a variety of organizations. While no policy talk is expected, the market is sure to hang on every word. After Powell's comments on Monday, the CME's FedWatch tool is now pricing in a 50 basis point hike at the next meeting as greater than 60% and that figure is likely to rise over the next month. Featured: New Government Solar Programs, Don't Miss Out (TwineSpot Inc.) 
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Tech | | | Asian shares rose Wednesday, following a rally on Wall Street led by technology companies, although investors remain concerned about the war in Ukraine and inflation.
Benchmarks were higher across the Asian region, despite worries about rising energy costs. The dollar gained against ... Read the Full Story |
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Stocks | | | The sky is the limit for companies offering these unique and efficient cloud computing products and services, which means there are going to be some truly fantastic investment opportunities to be had in this space over the next few years. Read the Full Story |
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For long-term investors, portfolio management is a marathon and not a sprint. There are plenty of near-term distractions and hurdles along the way, but ultimately the focus is kept on a finish line several years if not decades ahead.
It only makes sense then to surround yourself with companies th... Read the Full Story |
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From Our PartnersChina consumes 54% of the world's copper. Yet China mines only 8% of its copper needs, while plundering Africa, Latin America and South America for copper. The U.S. is left scrambling for new copper sources. But there's a North American copper sweet spot overlooked by China – for now. | | Find Out Where This Copper Hotspot Is and How You Can Benefit |
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Tech | | | Global shares rose Wednesday following a rally on Wall Street led by technology companies.
Benchmarks edged up in Europe in early trading, while shares finished higher across Asia despite worries about rising energy costs. The dollar gained against the Japanese yen while U.S. futures... Read the Full Story |
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Pain at the pump, sticker shock at the grocery aisle, the Russian invasion of Ukraine, ongoing problems with COVID-19 (another strain was just unearthed!) and… ugh, need we go on?
We've seen just about everything at the start of this year… sharp sell-offs in the S&P 500 an... Read the Full Story |
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From Our PartnersGet Paid to go Solar in 2022 if you Live in These Qualified Zip Codes | | | | Continue Reading |
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Politics | | | LVIV, Ukraine -- Russian military forces have destroyed a new laboratory at the Chernobyl nuclear power plant that among other things works to improve management of radioactive waste, the Ukrainian state agency responsible for the Chernobyl exclusion zone said Tuesday.
The Russian mi... Read the Full Story |
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Tech | | | The crash of a Boeing 737-800 passenger jet in China’s southwest started a fire big enough to be seen from space and forced rescuers to search a rugged, remote mountainside.
One day after the China Eastern Airlines flight plunged from the sky, there are more questions than answers.
... Read the Full Story |
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Politics | | | Even though only a small percentage of Walt Disney Co. workers participated in a walkout, organizers felt they had won a moral victory with the company issuing a statement denouncing the anti-LGBTQ legislation that sparked employee outrage Read the Full Story |
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Markets | | | Airline broadband connectivity provider Gogo (NASDAQ: GOGO) stock has rebound despite the market sell-off on a blowout Q4 2021 earnings release. The world’s largest business aviation broadband provider is a post-pandemic winner as air travel recovers. However, the pandemic actually bolstered i... Read the Full Story |
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Markets | | | J. Jill, Inc (NYSE: JILL) reported a fantastic FQ4 and even gave fairly robust guidance but it is not, we think, enough to sustain a rally. While the company was able to grow revenue from last year and widen its margin the outlook for this year is tepid at best. Read the Full Story |
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Wednesday's Early Bird Stock Of The Day Canadian Imperial Bank of Commerce, a diversified financial institution, provides various financial products and services to personal, business, public sector, and institutional clients in Canada, the United States, and internationally. The company operates through Canadian Personal and Business Banking; Canadian Commercial Banking and Wealth Management; U.S. Commercial Banking and Wealth Management; Capital Markets and Direct Financial Services; and Corporate and Other segments. It offers checking, savings, and business accounts; mortgages; business, car, and other loans; lines of credit, student lines of credit, and agriculture loans; and small business financing and overdraft protection services. The company also provides investment and insurance services; credit cards; and ATMs, as well as mobile, online, and global money and wire transfer services. Canadian Imperial Bank of Commerce was founded in 1867 and is headquartered in Toronto, Canada. | | View Today's Stock Pick |
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