For St. Patrick’s Day, you might crack open a Guinness brewed by Diageo PLC (NYSE: DEO). If that inspires you to investigate how Irish stocks may fit into your portfolio, you have quite a few to choose from.  We’ll review a few top performers listed on major U.S. exchanges. Whil....
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The Early Bird Newsletter
The Early Bird Newsletter

Friday, March 17th

Good Morning

Equity markets rebounded on Thursday as investors embrace the potential for a financial backstop in the banking sector and hope the FOMC eases back on the rhetoric. The S&P 500 gained nearly 2.0% at the session's high and may continue to rebound, provided good news continues. The risk is that woes in the banking sector will continue to spread and darken the outlook.

Next week will be a pivotal week for the market. The FOMC is slated to announce the latest policy change on Wednesday, which could spook the market again. Signs of cracking in the banking sector are not a reduction of inflation; that is what the FOMC needs to accomplish its goals. Given the strength in this week's CPI report, the FOMC may not ease up all that much. Investor should expect at least a 25 basis point hike and the indication hikes would continue if the data warranted.

Featured: (2023) The Top Stock To Buy Now & Hold (Darwin)

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Stocks

Should You Bring The Luck Of The Irish To Your Investmets?

For St. Patrick’s Day, you might crack open a Guinness brewed by Diageo PLC (NYSE: DEO). If that inspires you to investigate how Irish stocks may fit into your portfolio, you have quite a few to choose from.  We’ll review a few top performers listed on major U.S. exchanges. Whil...

Read the Full Story >>

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Bite into this $300 Billion Food Industry

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Stocks

Stocks fall to cap chaotic week driven by fears about banks

Stocks fell Friday to end a whipsaw week on Wall Street amid rising fear among investors that turmoil in the banking industry could drag the economy into a recession. The S&P 500 sank 1.1%, cutting into its gain for the week. The Dow Jones Industrial Average lost 384 points, or 1.2%, while the N...

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Markets

Don't Miss Out: $2 Trillion Could be Headed to the Banking Sector

Analysts at JP Morgan (NYSE: JPM) said yesterday that up to $2 trillion in liquidity could be added to the US banking system, as reported by Bloomberg. Funds will be made available through the Federal Reserve’s Bank Term Funding Program that was announced as banks face a liquidity crunch. ...

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From Our Partners

(2023) The Top Stock To Buy Now & Hold

Have you looked into why this NASDAQ-listed company is a great buy right now to hold into the future, despite fears of a recession? Our research team gives it our highest score as a solid addition to any portfolio.
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Markets

Jabil Inc.: Blue Chip Tech Stock Pulls Back To Buy Zone

Jabil Inc (NYSE: JBL) shares are down about 5.0% following the Q2 earnings release, opening up a buying opportunity for investors. The news was good but not good enough to sustain the rally without a bit of corrective action first. The takeaway is this blue-chip quality tech company, with its fing...

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Markets

The Big Banks Join Forces to Save First Republic Bank

A coalition of the largest US banks, including Bank of America, JPMorgan, Citigroup, and Wells Fargo, plans to make sizable deposits at distressed First Republic Bank (NYSE: FRC) to bolster confidence in the banking system. These megabanks are expected to deposit about $5 billion each into First ...

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From Our Partners

Expert's Favorite Plays and Strategies for 2023

Here's something investment expert Nilus Mattive has never discussed publicly before... He believes right now is the best time to consider putting some money into the cryptocurrency markets. Let him show you the seven big cryptos that could go to zero, as well as some of his favorite plays and strategies for 2023.

Watch this free video and see for yourself.

Markets

Japan PM praises SKorea leader; biz groups vow to boost ties

Japanese Prime Minister Fumio Kishida says hats off to South Korean President Yoon Suk Yeol for “making a difficult decision and action” by overcoming the troubled history between the two countries, pledging to work with him toward better future relations

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Markets

A Weakening Economy Suggests Caution Before Buying Five Below

Five Below, Inc. (NASDAQ: FIVE) delivered an as-expected earnings report on March 15, 2023. The company also echoed a theme of cautious guidance that many companies have expressed this earnings season. Combined with clear signs that the consumer is pulling back on discretionary spending, investors...

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Markets

Will Americans end up footing the bill for bank failures?

The government's response to the failure of two large banks has already involved hundreds of billions of dollars. So will ordinary Americans end up paying for it, one way or another? And what will the price tag be?It could be months before the answers are fully known. The Biden administration said i...

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Markets

State and US officials tout spending to plug 'orphan wells'

Stacks of valves, networks of pipes and hulking, two-story-tall tanks litter parts of the swampy landscape of Louisiana’s Atchafalaya Basin, rusting relics of sites where oil wells were drilled in the 1970s, an unwanted legacy of the energy industry that has long helped drive the Louisiana economy.T...

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Markets

Violent protests in France over Macron’s retirement age push

Angry protesters took to the streets in Paris and other cities for a second day on Friday, trying to pressure lawmakers to bring down French President Emmanuel Macron's government and doom the unpopular retirement age increase he's trying to impose without a vote in the National Assembly. A day afte...

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The Early Bird Stock Of The Day

Friday: Stock With Insider Buying

Myovant Sciences Ltd.

Myovant Sciences Ltd.

Myovant Sciences Ltd. is a clinical-stage biopharmaceutical company, which engages in the development and commercialization of therapies for the treatment of women's health and endocrine diseases. It offers ORGOVYXTM, an oral gonadotropin-releasing hormone (GnRH) receptor antagonist for the treatment of adult patients with advanced prostate cancer, and MYFEMBREE, which is taken for the management of heavy menstrual bleeding associated with uterine fibroids. The company was founded on February 2, 2016 and is headquartered in London, the United Kingdom.

View Today's Stock Pick

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