Good MorningEquities began the week on shaky footing but managed to rise by the end of Monday's session leaving the S&P 500 at the highest levels in over a month. The move comes on the back of a near 10% decline in oil prices but investors should not be complacent. This week the market will get another read on consumer-level inflation and it is not expected to be a good one. The PCE Price Index will be released on Thursday and is expected to accelerate to 5.5% YOY at the core level. If correct, this will be the hottest level of consumer inflation in over 3 decades and the 11th month inflation has accelerated above the FOMC's 2.0% target.
Other risks for the market are emerging as well. Manufacturing closings in China's key hub of Shanghai are spreading and threaten to bring the global supply chain to its knees. Even if the closings are limited and short-lived they will have a far-reaching effect when it comes to product availability and the impact on the supply chain. Featured: Volatility Is Rising—But These 2 AI Stocks Could Thrive (Ad) 
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Stocks | | | Trying to pick a bottom in the stock market is one of the quickest ways to lose money. That’s because it’s impossible to predict exactly when a stock price will stop going down, even though plenty of traders and investors try. Read the Full Story |
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Politics | | | In a decision that could dramatically undercut President Joe Biden’s ambitious climate goals, the Commerce Department said Monday it is investigating whether imports of solar panels from Southeast Asia are circumventing anti-dumping rules that limit imports from China.
Clean energy le... Read the Full Story |
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Markets | | | Paypal (NASDAQ: PYPL) is the most downgraded stock of the FQ4 reporting and calendar Q1 season. The company received 40 downgrades which is saying something because that’s all the analysts rating the stock. Read the Full Story |
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Markets | | | After climbing to nearly $80 in November 2021, Fortive Corp. (NYSE: FTV) dipped below $60 this month. Shares of the former Danaher division have begun to recover alongside the market rally but still have good upside. Read the Full Story |
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Politics | | | Planting season has arrived in Ukraine. Boot marks stamped in the frozen earth have thawed. But the Pavlovych family's fields remain untouched in a lonely landscape of checkpoints and churches.
Over a week ago, the family learned their 25-year-old soldier son, Roman, had been killed ... Read the Full Story |
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Politics | | | The Group of Seven major economies agreed Monday to reject Moscow’s demand to pay for Russian natural gas exports in rubles.
German energy minister Robert Habeck told reporters that “all G-7 ministers agreed completely that this (would be) a one-sided and clear breach of the existing ... Read the Full Story |
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Healthcare | | | Health insurance giant UnitedHealth Group (NYSE: UNH) stock has been on a gravity-defying uptrend reaching all-time highs again in 2022 just as inflation hits a 40-year high at 7.5%. The Company continues to grow its top and bottom lines powered by the surge in Medicare Advantage consumers and pande... Read the Full Story |
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Politics | | | Anheuser-Busch beer heiress Trudy Busch Valentine on Monday filed to run for U.S. Senate as a Democrat in Missouri.
Valentine’s entrance to the race comes days after Republican candidate Eric Greitens was accused of physically assaulting members of his family, which added fresh urgen... Read the Full Story |
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Politics | | | President Joe Biden announced a budget blueprint Monday that calls for higher taxes on the wealthy, lower federal deficits, more money for police and greater funding for education, public health and housing.
Appearing at the White House with his budget director Shalanda Young, Biden ... Read the Full Story |
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Markets | | | Enterprise cloud and data application software solutions provider Splunk (NASDAQ: SPLK) stock has been rebounding strong with the benchmark indexes in the past few weeks. The cloud-based data analysis and security platform had a very strong close for its fiscal year 2022 smoking consensus analyst es... Read the Full Story |
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Tuesday's Early Bird Stock Of The Day Hostess Brands, Inc. develops, manufactures, markets, sells, and distributes snack products in the United States and Canada. The company provides a range of snack cakes, donuts, sweet rolls, breakfast pastries, cookies, snack pies, sweet baked goods, wafers, bread and buns, danishes, honey buns, coffee cakes, and sugar-free products. It offers its products under the Hostess, Dolly Madison, Cloverhill, Voortman, CupCakes, Twinkies, Donettes, Sno Balls, Ding Dongs, Zingers, Ho Hos, and Big Texas brands. The company was formerly known as Gores Holdings, Inc. and changed its name to Hostess Brands, Inc. in November 2016. Hostess Brands, Inc. was founded in 1919 and is headquartered in Lenexa, Kansas. As of November 7, 2023, Hostess Brands, Inc. operates as a subsidiary of The J. M. Smucker Company. | | View Today's Stock Pick |
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