Good MorningEquity 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: Elon’s big $266,000 per second purchase (Ad) 
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Consumer Discretionary | |
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 |
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Finance | |
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 |
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Finance | |
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 |
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From Our Partners | | Trump is launching a new $250 bill - but that may be a distraction. Behind the scenes, Executive Order 14241 is orchestrating what analyst Porter Stansberry calls a total U.S. money reset, bypassing conventional legal channels under the guise of national security.
The last time America reset its currency - under Nixon in the 1970s - it created an average of 1,300 new millionaires a day for over 50 years. Stansberry has identified three asset categories connected to Trump's initiative that could surge, plus his single top investment move. | | Watch the documentary briefing and find out which side you land on |
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Retail/Wholesale | | 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 |
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Technology | |
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 in price,... Read the Full Story |
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From Our Partners | | Bank of America just revealed your expiration date. In their Bloomberg interview, they didn't just predict the digital dollar. They gave us the timeline… 2025 to 2030. We're in that window right now.
Once the digital dollar launches, every transaction you make will be tracked. Your spending could be controlled. Your accounts could be frozen.
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Transportation | |
FedEx (NYSE: FDX) shares are rocketing higher on an improved earnings outlook but don’t take this as good news for the broad economy. The gains are impressive but driven by higher prices and company efforts that could only partially offset a decline in volume. The takeaway is that FDX shares... Read the Full Story |
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Technology | |
Defensive stocks like Juniper Networks (NASDAQ: JNPR), Cisco Systems (NASDAQ: CSCO) and Broadcom (NASDAQ: AVGO) should be on your radar, given the mounting economic uncertainty. As strained as the outlook is, these companies continue to report and forecast growth due to their industry and position... Read the Full Story |
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Energy | |
With market volatility on the rise in the wake of the SVB financial collapse, many investors are seeking ways to reduce risk and enhance income.
Time for a drive out to farm country!
Sure, agricultural commodities can help protect against inflation, but we’re talking about an entirely dif... Read the Full Story |
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Finance | |
The European Central Bank (ECB) raised interest rates by 50 basis points yesterday as reported by Reuters.
Europe is contending with high inflation while also facing off against disruption in its banking sector. Policy makers also hit back at the idea that increasing interest rates could do more ... Read the Full Story |
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Markets | |
The recent collapse of Silicon Valley Bank (NASDAQ: SIVB) has opened the floodgates for further investor and depositor concerns across the banking sector, for both megabanks, and especially for smaller regional banks. With many regional banks finding themselves in a liquidity crunch and mass depos... Read the Full Story |
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Monday's Early Bird Stock Of The Day 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 |
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