Good MorningEquities slipped again on Thursday with the S&P 500 falling more than 1.0% at the close of the session. The move is driven by a growing fear the US economy has been broken and will result in a serious recession over the next year or so. The day's move took the S&P to the lowest level in two weeks and has it on track to move even lower over the coming days.
Next week the market will be on high alert for housing data in the form of Housing Starts and Permits and Existing Home Sales as well as the Index of Leading Indicators. The latest housing data suggests a 30% YOY decline in housing activity and there is a chance the figure could grow with the August data. As far as the leading indicators go, that index has been running negative for four consecutive months and is expected to show another decline in US economic activity. Featured: Could this be crypto's biggest Trump win? (Ad) 
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Markets | | |
The stock returned 58.36% in the past three months
On a fundamental basis, strong sales and earnings growth has bolstered its strength
Now guiding to overall revenue growth of 18-21%
There are plenty of steps and partner companies involved with producing any product within the pharmaceutica... Read the Full Story |
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Stocks | | |
U.S. stocks suffered their biggest one-day drop in more than two years on Tuesday.
Oil & gas companies as well as auto manufacturers have managed to move higher.
At the individual stock level, there have also been some interesting contrarian movers
Yes, the market’s strong Septemb... Read the Full Story |
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Markets | | |
What’s gone right and what is still off about TDOC stock
TDOC stock went “to the moon” for most of 2020 and the early part of 2021.
Today, TDOC stock is trading at a five-year low.
One of the more intriguing pandemic stocks in my opinion was Teladoc Health (NYSE: TDO... Read the Full Story |
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Politics | | | Asian stock markets followed Wall Street lower on Friday after higher-than-expected U.S. inflation dashed hopes the Federal Reserve might ease away from more interest rate hikes.
Shanghai, Tokyo, Hong Kong and Sydney declined. Oil edged higher.
Wall Street's benchmark S... Read the Full Story |
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Politics | | | Asian stock markets followed Wall Street lower on Friday after higher-than-expected U.S. inflation dashed hopes the Federal Reserve might ease off more interest rate hikes.
Shanghai, Tokyo, Hong Kong and Sydney declined. Oil edged higher.
Wall Street's benchmark S&P... Read the Full Story |
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Markets | | | FedEx said Thursday it is shuttering storefronts and corporate offices while putting off new hires in a belt-tightening drive brought on by drop-off in its global package delivery business.
The company based in Memphis, Tennessee, warned it will likely miss Wall Street’s profit target... Read the Full Story |
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Markets | | | Car buyers might not get the vehicle they want on time, commuter rail lines could see service disrupted, and shipments from everything from oil to livestock feed could be snarled.
Those are just a few of the wide-ranging impacts a walkout by U.S. rail workers would have on the country... Read the Full Story |
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Politics | | | Rail companies and their workers reached a tentative agreement to avert a nationwide strike that could have shut down the nation’s freight trains and devastated the economy less than two months before the midterm elections Read the Full Story |
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Markets | | |
To be fair, Arbor Realty Trust (NYSE: ABR) is not a stock but a REIT but yes, its 10% yielding units are worth it. Yes, I know that REITs come with tax implications that make them less attractive for average investors and in regular accounts but they are an investment vehicle with many attractive ... Read the Full Story |
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Markets | | | Since the fall from grace began just over a year ago, shares of streaming giant Netflix (NASDAQ: NFLX) have dropped as much as 75%. These past few months have been good to them though, and heading into the last quarter of the year they’re up about 35% from the multi-year lows they hit in May a... Read the Full Story |
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Friday's Early Bird Stock Of The Day Medpace Holdings, Inc. engages in the provision of outsourced clinical development services to the biotechnology, pharmaceutical and medical device industries. Its services include medical department, clinical trial management, data-driven feasibility, study-start-up, clinical monitoring, regulatory affairs, patient recruitment and retention, medical writing, biometrics and data sciences, pharmacovigilance, core laboratory, laboratories, clinics, and quality assurance. The company was founded by August James Troendle in 1992 and is headquartered in Cincinnati, OH. | | View Today's Stock Pick |
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