Good MorningEquity markets surged on Friday after the NFP report showed wage growth slowed. The S&P 500 gained more than 2.5% on the news, but traders are warned to caution. The wage growth has slowed, but the remainder of the labor data remains hot, including the JOLTs report on job openings. At the current levels, job openings will continue to spur upward mobility for many Americans and wage inflation simultaneously.
This week could be a big one for the market. Not only does the Q4 earnings season kick off on Friday, but the CPI report is due that day too. It may confirm a peak in inflation, but it will probably not show a sustained downtrend until later this year. The risk is that it will be hotter than expected and leave the FOMC with little choice but to keep raising interest rates. In this scenario, the outlook for S&P 500 earnings will take another hit, and the index may fall along with it. Featured: The Top 5 NASDAQ Stocks to Own for New Year 2023 (UpTrend Alerts) 
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Markets | | | Looking for the Dogs of the Dow, 2023 edition? You came to the right place.
We’ll explore these 10 blue-chip dividend bargains in a moment. Collectively, they are yielding 4.5%! But first, a quick recap of the strategy and homage to its 2022 “mini miracle.”
Last year was a dumpster fire for most mai... Read the Full Story |
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It’s easy to think that all investment research platforms are alike. But that would be wrong. MarketBeat is distinctly different from what you’ll find on other sites.
One thing that makes MarketBeat different is that it offers something for every investor. For example, novice i... Read the Full Story |
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Social media platform Snap Inc. (NYSE: SNAP) stock has fallen to pandemic lows as it collapsed (-77%) in 2022. The fallout from advertisers pulling back their digital advertising spend has been the key reason for the growth slowdown in America. However, the platform continues growing international... Read the Full Story |
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From Our PartnersEven in the worst of times, markets have rallied back. Just as they always have. So, if you're thinking of quitting the market, don't. There are plenty of bargains and hot investing ideas to jump on. In fact, here are five of our best ideas for 2023. | | | | Click Here to Download the FREE Report |
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Stocks | | | Stocks fell broadly on Wall Street and Treasury yields rose after another hot reading on the job market raised worries that the Federal Reserve will need to continue inflicting pain on the economy to fight inflation Read the Full Story |
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Chinese electric vehicle (EV) manufacturer Li Auto Inc. (NASDAQ: LI) stock has been the most resilient of its peer group. EV makers have been getting crushed heading into the new year, as evidenced by the nearly (-40%) collapse in shares of Tesla Inc. (NASDAQ: TSLA) in December 2022.
Waning deman... Read the Full Story |
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From Our PartnersYou just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account. | | | | Click here to watch it, free. |
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Prestigious investment banking firm The Goldman Sachs Group (NYSE: GS) stock is at a critical juncture between breaking down under the weekly rising price channel or triggering a seed wave breakout. The Company has a history of blowing out earnings expectations.
The bear market of 2022 was the ha... Read the Full Story |
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Markets | | | Markets appeared to be slow in gaining traction early Thursday ahead of more jobs data that's expected to show continued strength in the U.S. labor market.
Futures for the Dow Jones industrials and the S&P 500 shifted between small gains and losses before the opening bell.
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Tech | | | Dressed in a canary blue suit on a warm December night, sweat dripping from his brow, Bishop Lawrence Rolle belts out the lyrics to his latest hit song for the hundreds of children and adults gathered to celebrate Christmas.
“FTX!,” he sings, bent over and shaking his head for emphas... Read the Full Story |
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Politics | | | America’s employers added a solid 223,000 jobs in December, evidence that the economy remains healthy even as the Federal Reserve is rapidly raising interest rates to try to slow economic growth and the pace of hiring Read the Full Story |
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Iconic recreational vehicle (RV) manufacturer Winnebago Industries Inc. (NYSE: WGO) shares are trading in a rectangle price range as normalization continues to set in after banner calendar years 2021-2022. Rising interest rates and a weakening economy have caused a reversion in consumer discretion... Read the Full Story |
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Monday's Early Bird Stock Of The Day Constellation Brands, Inc., together with its subsidiaries, produces, imports, markets, and sells beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy. The company provides beer primarily under the Corona Extra, Corona Familiar, Corona Hard Seltzer, Corona Light, Corona Non-Alcoholic, Corona Premier, Corona Refresca, Modelo Especial, Modelo Chelada, Modelo Negra, Modelo Oro, Victoria, Vicky Chamoy, and Pacifico brands. It also offers wine under the Cook's California Champagne, Kim Crawford, Meiomi, Mount Veeder, Ruffino, SIMI, My Favorite Neighbor, Robert Mondavi Winery, Schrader, and The Prisoner Wine Company brands; and spirits under the Casa Noble, Copper & Kings, High West, Mi CAMPO, Nelson's Green Brier, and SVEDKA brands. The company provides its products to wholesale distributors, retailers, on-premise locations, and state alcohol beverage control agencies. Constellation Brands, Inc. was founded in 1945 and is headquartered in Victor, New York. | | View Today's Stock Pick |
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