Video games have been around for decades, but esports is a relatively new outcropping of the industry. Unlike recreational gamers who buy consoles or play online with (or against) friends, esports has professional gamers competing in large-scale tournaments for cash prizes. Not only do the participa....
‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
Unsubscribe
The Early Bird Newsletter
The Early Bird Newsletter

Monday, March 20th

Good Morning

Equity markets ended a mixed week on a down note Friday, falling more than 1.0% at the day's low. The S&P 500 enters this week on an uncertain footing with an FOMC meeting on tap. The market is pricing in a 25 basis point interest rate hike, which is likely, but it is also pricing in a lower peak than last week. This is a risk, given the state of inflation and the most recent FOMC commentary. Given the Fed's stance, the new policy statement is more likely to support the idea of higher rates for longer.

Ultimately, the outlook for earnings will keep the market moving in one direction or another. As it is, the consensus figures for the year continue to decline and weigh heavily on the S&P 500. Some stocks are set up to rebound during the spring, but more will remain range bound or fall to new lows.

Featured: Not Three or Four Stocks... (TCS)

bolt

Markets

Esports Investing: Opportunities & Strategies

Video games have been around for decades, but esports is a relatively new outcropping of the industry. Unlike recreational gamers who buy consoles or play online with (or against) friends, esports has professional gamers competing in large-scale tournaments for cash prizes. Not only do the participa...

Read the Full Story

From Our Partners

NEW: Top 11 Stocks for 2023

He found Apple at $1.49… Oracle at $0.51… Amazon at $46. Marketwatch called him "The Advisor Who Recommended Google Before Anyone Else." Now, investing legend Louis Navellier is revealing his Top 11 Stocks for 2023.

Click here to download your free copy.

Tech

What is ESG investing and why do some hate it so much?

After sweeping through battles in statehouses across the country, the war against ESG investing is heating up in Congress. The Senate voted Wednesday to overturn a Labor Department rule allowing retirement plans to consider environmental, social and governance factors when making inve...

Read the Full Story

Markets

These Indicators Suggest Further Upside at Bank of America

Warren Buffett has explained market cycles and overall sentiment views toward stocks by expressing that interest rates act as a gravitational pull affecting equities. In this sense, when interest rates increase, gravity affects stocks, thus pulling them down or making it much harder to continue an...

Read the Full Story

From Our Partners

Fed's Shocking New Plan to Control Your Money

The Federal Reserve has a disturbing plan that is getting ready to roll out as soon as May. This is a lot more than printing trillions of dollars or manipulating interest rates. It's about every checking account, every purchase and every money transfer in America — including yours and mine. 

Click here to discover how to protect your money

Markets

Is Fifth Third Bancorp a Stalwart Among Regional Banks?

The Silicon Valley Bank disaster has spread contagion fears throughout the regional banking industry. Regional bank Fifth Third Bancorp (NASDAQ: FITB) stock has been pummeled with the rest of the regional banks. Shares are trading down (23.5%) for 2023. The banks are facing a “throw the baby...

Read the Full Story

Markets

Credit Suisse-UBS deal offers hope, but bank doubts persist

Credit Suisse shares plunged Monday after Swiss authorities cut a deal with its bigger rival UBS to acquire the troubled bank at a marked-down price. But European bank stocks and the wider market gained as investors watch whether moves to shore up banks will stem further upheaval in the global finan...

Read the Full Story

From Our Partners

Rare Green-Metals Discovery: US$2 Stock Set to Deliver Gains

Smart investors are blowing away Wall Street's so-called "experts" on green-metals stocks. And with the clean-energy revolution in full-swing, the near-term gains could be absolutely life-changing. The timing is dead-on accurate with this US$2 stock securing a world-class green-metals resource designated as a Strategic Minerals Deposit at 5.7 Million ounces with drills turning now.

More details here...

Stocks

Stocks steady themselves after Wall Street’s rout last week

Stocks steadied themselves Monday following Wall Street's worst week since early December. The S&P 500 rose 12.20 points, or 0.3% to 3,982.24 for just its second gain in the last seven days. The Dow Jones Industrial Average gained 72.17, or 0.2%, to 32,889.09, while the Nasdaq com...

Read the Full Story

Markets

Silicon Valley Bank collapse concerns founders of color

While Wall Street works to contain the biggest American bank failure since the 2008 financial meltdown, founders of startups who are people of color worry it could become even harder to secure financial support

Read the Full Story

Stocks

After two historic US bank failures, here’s what comes next

Two large banks that cater to the tech industry have collapsed after a bank run, government agencies are taking emergency measures to backstop the financial system, and President Joe Biden is reassuring Americans that the money they have in banks is safe

Read the Full Story

Markets

This Small Tech With Big Growth Prospects Is Nearing A Buy Point

Shares of PagerDuty Inc. (NYSE: PD), which makes monitoring software, are approaching a cup-with-handle buy point above $33.77.  For investors looking for off-the-beaten-path stocks that could become winners, PagerDuty fits the bill.  This company has several traits of stocks that rise...

Read the Full Story

Markets

The Worst Could be Behind for Adidas After CEO Change

The apparel sector has experienced a push on all fronts for most of 2022 and the current year, as indicated by the expanding apparel readings in the United States ISM manufacturing PMI index. The survey results of the index suggest an accelerated expansion in apparel employment, production, prices...

Read the Full Story

Monday's Early Bird Stock Of The Day

A Stock Being Downgraded:Marqeta (NASDAQ:MQ)

Marqeta

Marqeta, Inc. operates a cloud-based open application programming interface platform that delivers card issuing and transaction processing services. It offers its solutions in various verticals, including financial services, on-demand services, expense management, and e-commerce enablement, as well as buy now, pay later. Marqeta, Inc. was incorporated in 2010 and is headquartered in Oakland, California.

View Today's Stock Pick

The Early Bird is a daily email newsletter powered by MarketBeat that covers the top stories that will impact the stock market each day. Read your copy every morning at 7:00 AM Eastern so that you can "catch the worm" when the market opens.

The Early Bird Newsletter
The Early Bird Newsletter

 
MarketBeat Media, LLC
345 N Reid Place, Suite 620, Sioux Falls, SD 57103.
[email protected]
 
Unsubscribe
 
 
Today's Bonus Content: Bear or bull market, this highly successful trader has shocking new forecast