Good MorningEquities deepened their sell-off on Wednesday both in anticipation and because of the FOMC meeting minutes released Wednesday afternoon. The minutes confirmed what the market was expecting which is the committee is considering a series of 50 basis point interest rate increases as well as the onset of balance sheet reduction. The committee sees a $95 billion per month reduction which would shrink the balance sheet by about $1 trillion within the first 12 months. The news is a bit weaker than expected but, with the pace of inflation what it is, the pace is likely to accelerate over the next few meetings.
The S&P 500 fell more than 1.0% on the news but found support at the short-term moving average. If this level is able to hold the index is likely to make a move up to retest the all-time highs for resistance. If not, this market will most likely head down to retest support at the recent lows near 4,150. Featured: Free Training Shows You How to Predict the Market (Trader Marketing Group) 
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Politics | | | Stocks closed lower and bond yields rose on Wall Street Wednesday after details from last month's meeting of Federal Reserve policymakers showed the central bank intends to be aggressive in its efforts to fight inflation.
The S&P 500 fell 1%, adding to its losses from a day earlie... Read the Full Story |
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From Our PartnersThe global semiconductor market grew to $466.2 billion -- in spite of the pandemic. But now -- there's a huge shortage of these chips.
These four tech companies are well-positioned to take advantage of this rapidly growing demand. | | Click Here To Get These 4 Tech Stocks |
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Markets | | | Learning who holds the most shares in a particular company can help investors understand what dictates stock price changes. When big institutions like hedge funds, mutual funds, and ETFs are in control, Read the Full Story |
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Stocks | | |
These Standout Commodity Stocks Continue to Impress
With an uncertain economy, soaring inflation, and serious geopolitical conflicts, it’s safe to say that investors are dealing with a complicated stock market in 2022. With that said, one area of the market has been outperforming and contin... Read the Full Story |
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Politics | | | A senior U.S. diplomat says a proposed pipeline to deliver natural gas from deposits in the east Mediterranean to European markets is too expensive, not economically viable and will take too long to help countries seeking alternatives to Russian gas any time soon Read the Full Story |
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Politics | | | ATHENS, Greece — Ukrainian President Volodymyr Zelenskyy says his country needs anti-aircraft defense systems, artillery systems, munitions and armored vehicles to hold Russia’s invasion at bay.
“The sooner Ukraine receives this help, the more lives we can save in Ukraine,” Zelenskyy ... Read the Full Story |
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From Our PartnersSavvy investors looking to ease portfolio pressure in today's turbulent markets are learning the power of diversifying to an explosive group of stocks. Many of these stocks don't adhere to the general market fluctuations and are able to navigate external problems better than their larger counterparts. | | Get all the details on this select group of stocks here. |
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Politics | | | The Supreme Court has reinstated for now a Trump-era rule that curtails the power of states and Native American tribes to block pipelines and other energy projects that can pollute rivers, streams and other waterways Read the Full Story |
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Tech | | | Thousands of cryptocurrency enthusiasts are gathering in Miami as the city builds its reputation as one of the key locations to develop the blockchain technology despite its underdog status.
Dozens of companies are using the Bitcoin 2022 conference running Wednesday through Saturday a... Read the Full Story |
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Markets | | |
If Netflix (NASDAQ: NFLX) can surprise Wall Street with its upcoming earnings report, we could be on for the mother of all comeback rallies. For context, their shares were decimated back in January after what can only be called a horrendous report. Even though the streaming giant’s stock had... Read the Full Story |
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Markets | | | RPM International (NASDAQ: RPM) has been on our radar not only because it is so well positioned for the post-COVID economic recovery and expansion but because it is a telling indicator of economic conditions. The company makes paints, coatings, and specialty products for the construction, industrial, and consumer groups and is not only a leading cost for many parts of the economy but on the front line of inflationary pressures impacting businesses throughout the system. Read the Full Story |
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Markets | | | Price action in Analog Devices (NASDAQ: ADI) wobbled in the wake of its investor day event but seems to have steadied now. In the event, the company laid out its new vision and how it expects to achieve a 7% to 10% CAGR over the next few years. Read the Full Story |
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Thursday's Early Bird Stock Of The Day Venus Concept Inc., a medical technology company, develops, commercializes, and delivers minimally invasive and non-invasive medical aesthetic and hair restoration technologies, and related services in the United States and internationally. Its product portfolio includes Venus Legacy, a noninvasive device used in dermatological and general surgical procedures for females; Venus Versa, a multi-application device used in aesthetic and cosmetic procedures; Venus Versa Pro; and Venus Viva and Venus Viva MD, an advanced, portable, and fractional RF system for dermatological procedures requiring ablation and resurfacing of the skin. The company also offers Venus Fiore, a device that delivers non-thermal RF with massage and magnetic field pulses to treat various medical conditions; Venus Bliss and Venus Bliss Max for non-invasive lipolysis of the abdomen, back, thights, and flanks in individuals with a body mass index of 30 or less; Venus Glow, a dermabrasion device used to improve skin appearance; and NeoGraft, an advanced hair restoration technology with an automated FUE and implantation system. In addition, it provides Venus Velocity and Venus Epileve for hair removal, permanent hair reduction, and treatment of pseudofolliculitis barbae; ARTAS iX, a robotic system to assist physicians in identifying and extracting hair follicles units from the scalp during hair transplantation, creating recipient sites, and implanting the harvested hair follicles; and AI.ME an interactive, image-guided, and computer assisted system for fractional skin resurfacing. The company is headquartered in Toronto, Canada. | | View Today's Stock Pick |
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