Good MorningEquities rebounded on Tuesday, the first trading day of the week, but we urge investors not to read too much into the move. the rally comes in the wake of new lows for the S&P 500 and is not likely to gain much momentum. The S&P 500 broke out of a downward slanting channel in the previous week which suggests the downtrend will gain momentum and not the other way around. This week, there will be few economic or earnings reports to move the market so inflationary concerns, fear of recession, and Fedspeak will likely take the fore.
The next big hurdle for the market will be the 2nd quarter earnings reporting season. The peak of the season begins in about three weeks with reports from JPMorgan Chase and other big banks and the news may not be good. Rising inflation and dwindling savings could put a cap on consumer spending which is the backbone of the American economy. Featured: Don’t Miss This—Our Next Big Stock Pick Is Coming! (Ad) 
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Stocks | | |
Silver prices continue to remain elevated, trading at $21 an ounce. During times of inflation, silver stocks could be one of the ways to hedge your portfolio against macroeconomic headwinds. Silver prices remain on a firm footing, as demand continues to outpace supply, with total production at 997... Read the Full Story |
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From Our Partners | | Most folks don’t realize this…
Weekends tend to produce more volatility than most weekdays… even though Wall Street’s doors are closed.
Why?
News builds up. Tensions rise. And when the bell rings Monday morning, the fireworks start.
In fact, research shows Monday is the most volatile day of the week with big, opening gaps.
And some studies show weekend volatility is 20% higher than other weekday levels.
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You don’t chase it. You beat it to the punch.
That’s what I do every Friday before the close.
I just set one smart trade… Then I walk away.
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Politics | | | Miraj Madushanka never thought he'd need government rations to ensure his family could eat two meals a day, but Sri Lanka’s economic crisis, the worst in its history, has recast his life and those of many others in its burgeoning middle class.
Families that never had to think twice a... Read the Full Story |
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Politics | | | Federal Reserve Chair Jerome Powell won praise for his deft leadership during the maelstrom of the pandemic recession. As threats to the U.S. economy have mounted, though, Powell has increasingly struck Fed watchers as much less sure-footed.
Inflation has proved higher and far more p... Read the Full Story |
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From Our Partners | | Bitcoin is back at new all-time highs.
But this isn’t just a retail frenzy.
This rally is being driven by huge institutional money, not just hype.
Which is why smart traders are already positioning themselves for the real money…
Not only from Bitcoin rising…
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Markets | | | Theme park and entertainment company SeaWorld Entertainment (NYSE: SEAS) stock has sunk (-33%) for the year. The operator of SeaWorld and Busch Gardens theme parks has been in a recovery since the reopening after COVID lockdowns were pulled. Vaccinations have been the key to the rebound in attendanc... Read the Full Story |
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Markets | | |
Last year, “buy the dip” was a highly effective trading strategy. Each time the stock market dipped lower, it ultimately charged to new highs.
In the U.S. mid-cap space, this lasted until November 2021. Since then the S&P 400 index has had plenty more dips. But like an unbal... Read the Full Story |
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From Our Partners | | What if you could eliminate all the uncertainty from your trading?
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Markets | | | Kellogg Co., the 116-year-old maker of Frosted Flakes, Rice Krispies, Pringles and Eggo, will split into three companies focused on cereals, snacks and plant-based foods.
Kellogg's, which also owns plant-based food brand MorningStar Farms, said Tuesday that the spinoff of the yet-to-b... Read the Full Story |
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Tech | | | Facebook will change its algorithms to prevent discriminatory housing advertising and its parent company will subject itself to court oversight to settle a lawsuit brought by the U.S. Department of Justice on Tuesday.
In a release, U.S. government officials said it had reached agreeme... Read the Full Story |
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Tech | | | Facebook will change its algorithms to prevent discriminatory housing advertising and its parent company will subject itself to court oversight to settle a lawsuit brought by the U.S. Department of Justice on Tuesday.
In a release, U.S. government officials said Meta Platforms Inc., f... Read the Full Story |
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Markets | | | Athleisure apparel and footwear maker Lululemon (NASDAQ: LULU) stock is down (-28%) in the 2022 bear market despite stellar earnings performance. The popular retail fitness apparel brand is still firing on all cylinders despite the return of formalwear as consumers return back to work. The Company r... Read the Full Story |
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Stocks | | | Equities began the week with a strong bounce and the S&P 500 (NYSEARCA: SPY) gained more than 2.6% by midday. As strong as the bounce looks, however, we still don’t think this is the buyable bottom. While there is some indication that a bottom may form during the Q2 reporting season that season is still a few weeks away and there is great risk in the outlook. Read the Full Story |
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Wednesday's Early Bird Stock Of The Day W. R. Berkley Corporation, an insurance holding company, operates as a commercial lines writers worldwide. It operates in two segments, Insurance and Reinsurance & Monoline Excess. The Insurance segment underwrites commercial insurance business, including excess and surplus lines, admitted lines, and specialty personal lines. This segment also provides accident and health insurance and reinsurance products; insurance for commercial risks; casualty and specialty environmental products; specialized insurance coverages for fine arts and jewelry exposures; excess liability and inland marine coverage for small to medium-sized insureds; and commercial general liability, umbrella, professional liability, directors and officers, commercial property, and surety products, as well as products for technology, and life sciences and travel industries. In addition, this segment offers cyber risk solutions; crime and fidelity insurance products; medical professional coverages; workers' compensation insurance products; general insurance; personal lines insurance solutions, including home, condo/co-op, auto, and collectibles; automobile, law enforcement, public officials and educator's legal, and employment practices liability, as well as incidental medical and property and crime insurance products; at-risk and alternative risk insurance program management services; professional liability; energy and marine risks; and provides insurance products to the Lloyd's marketplace. The Reinsurance & Monoline Excess segment provides treaty and facultative reinsurance solutions; property and casualty reinsurance; facultative reinsurance products include automatic, semi-automatic and individual risk assumed reinsurance; and turnkey products such as cyber, employment practices liability insurance, liquor liability insurance and violent events. The company was founded in 1967 and is headquartered in Greenwich, Connecticut. | | View Today's Stock Pick |
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