Good MorningThe rebound in equities took a breather on the last trading day of the quarter with the S&P 500 pulling back about 1.0% at the low of the session. The move is not unexpected after the violent updraft the market has seen over the past two weeks but there are some signs of danger in it as well. The candle signal is bearish and could signal a deeper pullback in stocks and it comes the day before the dreaded PCE price index. The PCE price index is the Fed's favored tool for measuring consumer inflation and it is expected to be a hot one. Core consumer prices are expected to accelerate to 5.5% YOY and come in above expectations. Even if the figures are cooler than expected, inflation is still running hot and aggressive rate actions are expected over the next two meetings. Featured: The Morning Panic (Can You Spot it?) (PTR) 
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The stock market theme of 2022 might be corrections and more corrections. Electric vehicle (EV) stocks are no stranger to the troubles plaguing the market. The S&P 500 has nosedived about 12% since February after riding out highs at the beginning of the year. Unfortunately, the corrections kil... Read the Full Story |
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From Our PartnersCrypto’s biggest experts reveal their biggest profit opportunities in this free docuseries | | | | Continue Reading |
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Politics | | | The ruble is no longer rubble.
The Russian ruble by Wednesday had bounced back from the fall it took after the U.S. and European allies moved to bury the Russian economy under thousands of new sanctions over its invasion of Ukraine. Russian President Vladimir Putin has resorted to ex... Read the Full Story |
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Healthcare | | |
These 3 Dow Stocks Have Rock-Solid Businesses
While investing can get complicated quickly, keeping things simple by adding industry-leading companies to your long-term holdings tends to work out over the years. Whether investors are seeking safe stock picks in an uncertain macroeconomic environme... Read the Full Story |
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Politics | | | LONDON — Britain has imposed sanctions on more than a dozen Russian media figures and organizations accused of spreading propaganda and disinformation about the war in Ukraine.
The latest group subjected to asset freezes and travel bans includes Rossiya television anchor Sergey Brilev... Read the Full Story |
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Politics | | | BERLIN — The International Committee of the Red Cross says its teams are ready to facilitate the evacuation of civilians out of the besieged city of Mariupol.
The Red Cross said “for logistics and security reasons, we’ll be ready to lead the safe passage operation tomorrow, Friday, p... Read the Full Story |
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From Our PartnersA new form of tech will cause a massive shift in the wealth divide in 2022. Details here. | | | | Continue Reading |
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Politics | | | The trial of Chinese Australian journalist Cheng Lei on espionage charges began Thursday in Beijing, with diplomats denied permission to attend proceedings.
Australian Ambassador Graham Fletcher told reporters outside the court that he was told he could not be present on grounds that... Read the Full Story |
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Tech | | | Facing higher oil prices after Russia's invasion of Ukraine, President Joe Biden is looking at invoking the Defense Production Act this week to increase the mining of critical minerals for the batteries used in electric vehicles.
That's according to a person familiar with the White Ho... Read the Full Story |
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Markets | | | Brazilian point-of-sale (POS) financial technology provider StoneCo (NASDAQ: STNE) stock has had a spectacular collapse from its high of $93.42 on Feb. 17, 2021, to a low of $8.05 on March 15, 2022. The multichannel fintech software and solutions provider was hit on multiple fronts including rising ... Read the Full Story |
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Stocks | | | Cal-Maine Foods (NASDAQ: CALM) struggled with profitability last year leading us to write the stock off at the end of 2021. That was a mistake because right about the time we were cutting the stock loose from our coverage sphere the egg-market fundamentals took a surprising turn for the better. Read the Full Story |
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Markets | | | Human capital management and financial work flow solutions provider Workday (NASDAQ: WDAY) stock has bottomed with the market indexes as it mounts a recovery off its recent lows under $206. The enterprise cloud provider of its industry leading HCM applications and CFO suite of financial software too... Read the Full Story |
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Thursday's Early Bird Stock Of The Day Pieris Pharmaceuticals, Inc., a biotechnology company, discovers and develops biotechnological applications. The company focuses on the development of its 4-1BB bispecifics immuno-oncology (IO) programs. Its clinical pipeline consists of IO bispecifics, including S095012 (PRS-344), a bispecific Mabcalin compound targeting PD-L1 and 4-1BB in partnership with Les Laboratoires Servier and Institut de Recherches Internationales Servier; SGN-BB228 (PRS-346), a CD228 x 4-1BB bispecific antibody-Anticalin compound targeting CD228 and 4-1BB in partnership with Pfizer Inc.; and BOS-342 (PRS-342), a GPC3 x 4-1BB bispecific Mabcalin compound targeting GPC3 and 4-1BB in partnership with Boston Pharmaceuticals, which are in phase 1 studies. The company was founded in 2001 and is headquartered in Boston, Massachusetts. | | View Today's Stock Pick |
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