Good MorningIt was a game-changing week for equities last week. Fed chief Jerome Powell's commentary walloped the market that inflation was not tamed, rates would continue to rise, and peak interest rates may be higher than the market is forecasting. The news caused the market to sell off more than 200 points and create the largest red candle in months. The signal is that S&P 500 stocks are unlikely to move any higher this year and that downward risk is increasing. The last several candles like this led to further declines from 5% to 10%.
This week will be another hurdle for the market. The CPI data is due out on Tuesday and is expected to be hot. Another hot read of inflation data will keep the Fed on track to raise rates at least another 100 basis points; the next hike could be 50. The Fed needs to get the market's attention; its only weapon is interest rates. Featured: Markets Just Reset. See the Small Caps Reacting w/Market Maven Insights. (Ad) 
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Consumer Discretionary | |
Mortgage rates have risen to their highest levels in the past two decades, hovering at and above the 7% mark. The typical advice that mortgage lenders and real estate brokers give, and are doubling down on, during these challenging inflationary times is to 'Marry the house, date the rate'. However... Read the Full Story |
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Real Estate | |
Investors who want exposure to real estate, but who don’t want to deal with clogged toilets, leaky roofs, and late rental payments often turn to real estate investment trusts, or REITs, which are reliable sources of income.
The largest publicly traded REIT, by market cap, is Prologis Inc. ... Read the Full Story |
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Finance | |
We're witnessing the second-largest bank failure in United States history as regulators shut down Silicon Valley Bank (NASDAQ: SIVB). Nobody has any idea what the implications are. Will regulators step in and make uninsured depositors whole?
The response from regulators is up in the air. The Fede... Read the Full Story |
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Finance | |
Investors who are looking for a break from market volatility are understandably concerned about the collapse of SVB Financial Group (NASDAQ: SIVB) the parent company of Silicon Valley Bank, on Friday, March 10. The instinct to push the panic button may be strong. But when it comes to your investme... Read the Full Story |
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Industrials | |
Let's face it, 2022 was an ugly year for the stock market, with the NASDAQ 100 falling (32.58%) and the S&P 500 falling (18.17%). Individual stocks performed even worse. The two bright areas of performance were in the energy and healthcare sectors. Rising interest rates sent bond yields higher... Read the Full Story |
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Finance | |
Friday was supposed to be about the February jobs report and its impact on Fed rate hikes — but SVB Financial Group (NASDAQ: SIVB) stole the show.
Financial regulators closed the nation’s 16th largest bank, a mere two days after the company raised capital and sold assets below cost. T... Read the Full Story |
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Energy | |
The offshore drilling industry was destroyed by the COVID crisis, with many companies like Valaris (NYSE: VAL) going bankrupt due to low oil prices. But the industry is rebounding, and drilling companies are receiving top dollar to rent their rigs.
But it's not the same old cycle. While ramp-ups ... Read the Full Story |
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Consumer Staples | |
With the broad market heading lower and the outlook for earnings declining, consumer staples stocks are starting to look attractive again. These companies are primarily blue-chip quality companies with a degree of immunity from economic downturns and often pay market-beating dividends.
Today, nam... Read the Full Story |
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Consumer Discretionary | |
American Outdoor Brands, Inc. (NASDAQ: AOUT) is up nearly 1.0% the day after the company reported disappointing earnings for its fiscal third quarter. American Outdoor Brands missed on both the top and bottom lines. But the company may be enjoying a halo effect from the strong results of its forme... Read the Full Story |
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Technology | |
Oracle (NASDAQ: ORCL) is an interesting story for more reasons than 1 and 1 of those reasons is its position within the reporting cycle. This blue-chip, legacy tech company shifting to cloud services reports almost precisely between the cycle's peaks, making it a bellwether for the sector and the ... Read the Full Story |
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Monday's Early Bird Stock Of The Day Arista Networks, Inc. engages in the development, marketing, and sale of data-driven, client to cloud networking solutions for data center, campus, and routing environments in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. Its cloud networking solutions consist of Extensible Operating System (EOS), a publish-subscribe state-sharing networking operating system offered in combination with a set of network applications. The company offers data center and cloud networking systems, including newer artificial intelligence (AI) ethernet switching platforms; campus wired and wireless products, and routing systems addressing Core Routing, Edge Routing, Data Center Interconnect (DCI), Multi-cloud and Wide Area Networking (WAN) use cases; and a suite of value-add software solutions that leverage EOS to provide end-to-end orchestration, automation, analytics, network monitoring, and security. It also provides post contract customer support services, such as technical support, hardware repair and replacement parts beyond standard warranty, bug fixes, patches, and upgrade services. The company serves a range of industries comprising internet companies, service providers, financial services organizations, government agencies, media and entertainment companies, telecommunication service providers, and others. It markets and sells its products through distributors, system integrators, value-added resellers, and original equipment manufacturer partners, as well as through its direct sales force. The company was formerly known as Arastra, Inc. and changed its name to Arista Networks, Inc. in October 2008. Arista Networks, Inc. was incorporated in 2004 and is headquartered in Santa Clara, California. | | View Today's Stock Pick |
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