Good MorningEquity markets tried to rebound on Wednesday but were cut short by the FOMC minutes. The minutes, released late in the day, confirmed the market's expectation that interest rates would remain elevated for some time. As it is, the estimates have FOMC policy peaking above 5% in 2023 and ending the year at or above 4.5%.
The takeaway is the FOMC could begin to ease back on policy by the end of the year, but there are risks in that outlook. If inflation is not tamped down before they begin to ease, the economic acceleration that follows will drive another round of high prices.
The next hurdle this week is on Friday with the release of the NFP report. The NFP should show another month of strong job gains and wage increases, both good and bad for the economy. A weaker-than-expected report might be good news as it would show current FOMC policy is affecting the inflation situation. Featured: INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off (Ad) 
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Tech | | |
The HKD AMTD Digital (NYSE: HKD) stock price has been on an enormous rally that started a couple of days ago.
Shares of the Hong Kong fintech company closed at $10.07 on 4 Jan and now trade hands for $29.75 at the time of writing. Most of that value climb came from today's trading session.
... Read the Full Story |
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From Our Partners | | A new technology has sparked a modern-day gold rush in Silicon Valley. OpenAI’s Sam Altman invested $375M. Bill Gates has backed four companies in this space. The World Economic Forum calls it “the most exciting human discovery since fire.”
Whitney Tilson believes this trend could mint a new class of wealthy investors—and he’s sharing one stock to watch now, for free. | | Gates and Altman are betting big—see why |
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Tech | | | Wall Street capped a quiet day of trading with more losses Friday, as it closed the book on the worst year for the S&P 500 since 2008.
The benchmark index finished with a loss of 19.4% for 2022, or 18.1%, including dividends. It's just its third annual decline since the financial... Read the Full Story |
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Markets | | |
Is 2023 the year when the consumer discretionary sector, led by big names including Amazon.com Inc. (NASDAQ: AMZN), Home Depot Inc. (NYSE: HD), NIKE Inc. (NYSE: NKE), McDonald’s Corporation (NYSE: MCD) and the beleaguered Tesla Inc. (NASDAQ: TSLA) will come roaring back?
Accordi... Read the Full Story |
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From Our Partners | | Most traders guess. This system doesn’t.
Using his Momentum Indicator, one trader turned $15K into $150K in six months — stacking 20–30% daily gains. Now he’s sharing 3 stocks flashing BUY right now, plus a free report showing how to trade them. | | Claim your 3 stock picks + free momentum trading report |
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Stocks | | |
The investment world has long loved classifying dividend-paying stocks into groups beyond sector, industry and style.
Since there is a special value to a company that consistently boosts its cash distributions, categories have been developed to recognize such tenures. The Dividend Kings sit... Read the Full Story |
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Stocks | | |
It was a year of many firsts. Scientists discovered a black hole in the center of the galaxy. The men’s World Cup saw its first-ever female lead referee.
And in the stock market, 2022 marked the first time that a publicly traded company, Apple, hit the $3 trillion mark (although s... Read the Full Story |
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From Our Partners | | Since 1973, Wall Street has quietly used a strange little pricing quirk to cash flow billions.
Now, for the first time, regular investors are learning how to use this same “Black-Scholes Anomaly” — with just four clicks a month. No risky bets, no complex setups… just a fast, repeatable system that targets instant cash on the 3rd Monday of every month. | | But that's not even the best part, which is all it takes is... Just four clicks. |
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Markets | | | Stocks wavered Tuesday on Wall Street's first trading day of 2023 after closing out its worst year since 2008.
The S&P 500 gave up an early gain and was down 0.3% as of 10:05 a.m. Eastern. The Dow Jones Industrial Average fell 63 points, or 0.2%, to 33,081 and the Nasdaq fell 0.5%... Read the Full Story |
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Tech | | | Sony unveiled a new high-tech prototype car it will produce in partnership with Honda at the CES tech show Wednesday.
The vehicle, first announced in October, glided out on stage at the CES in Las Vegas, Nevada. It will be called the Afeela.
Yasuhide Mizuno, CEO of So... Read the Full Story |
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Markets | | | Major Japanese companies have grown more pessimistic about the economy, given higher costs and a weaker yen, according to a survey by Kyodo News.
The survey of 117 companies found just over half, or 56%, expect the economy to grow this year. That was down sharply from 84% a year earl... Read the Full Story |
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Tech | | | Israel’s military fired missiles toward the international airport of Syria's capital early Monday, putting it out of service and killing two soldiers and wounding two others, the Syrian army said.
The attack, which occurred shortly after midnight Sunday, was the second in seven months... Read the Full Story |
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Healthcare | | |
Wednesday marked the trading debut of GE HealthCare Technologies Inc. (NASDAQ: GEHC), the health-focused independent business spun off from General Electric Company (NYSE: GE).
Shares opened at $54.13 Wednesday and ended the session at $60.49, an increase of nearly 12%.
Meanwhile, le... Read the Full Story |
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Thursday's Early Bird Stock Of The Day PHX Minerals Inc. operates as a natural gas and oil mineral company in the United States. The company produces and sells natural gas, crude oil, and natural gas liquids. Its principal properties are located in Oklahoma, Texas, Louisiana, North Dakota, and Arkansas. The company sells its products to various purchasers, including pipeline and marketing companies. The company was formerly known as Panhandle Oil and Gas Inc. and changed its name to PHX Minerals Inc. in October 2020. PHX Minerals Inc. was founded in 1926 and is headquartered in Fort Worth, Texas. | | View Today's Stock Pick |
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