Good MorningEquity markets rebounded strongly on Wednesday as fear of the Fed was overcome by optimism for earnings growth later in the year. The move was led by tech stocks like Apple and Amazon which gained 2% and 3%, respectively. The S&P 500 advanced about 1.5% at the day's high, closing near the highs and shy of a 2-week high. If the market can advance again and set a new high, it will open the door for a more significant move.
The risk is that resistance for the broad market is not far above. The 4,100 level has been significant resistance multiple times, and there is reason to believe it will again. The PCE Price Index is due out on Friday and it is expected to confirm the Fed's stance. This means investors should expect at least one more interest rate hike, and for economic pressure to mount. Featured: AI Continues to Surge—Here Are 2 Stocks Still Under $15 (Ad) 
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Fertilizers play a crucial role in agriculture and food production, making them a critical component of global economic growth. As the world's population continues to grow, the demand for food will only increase, making fertilizer a potentially lucrative industry to invest in. But how can investor... Read the Full Story |
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In the stock market, big hits have been more challenging to uncover, including among the best mid-cap stocks.
Over the past 12 months, less than 1% of some 6,600 U.S. stocks have doubled or better. Macro and geopolitical pressures have been largely to blame, with the S&P 500 d... Read the Full Story |
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Shares of pandemic-era growth winner CloudFlare Inc. (NYSE: NET) are forming a bullish correction near their 10-week moving average.
In another piece of good news, the stock’s 50-day line crossed above its 200-day average earlier this month and the gap continues to widen. You can lear... Read the Full Story |
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From Our Partners | | The End of Elon Musk? Don't make him laugh.
Jeff Brown has been hearing this same tired story for years, and he's been proven right time and time again.
And now, while the media focuses on Tesla's "demise," he's uncovered an AI breakthrough that's about to make Elon's doubters eat their words yet again.
According to his research, if you listen to the media and miss out on Elon's newest breakthrough, it's going to cost you the fortune of a lifetime. | | Click here to see why the "End of Elon" crowd is about to be wrong again. |
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Markets | | | 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 |
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Markets | | | In a bid to ease turmoil in the world financial system, Swiss authorities engineered a plan for the UBS bank to acquire its troubled smaller rival Credit Suisse at a marked-down price.It's another urgent attempt to fight fears that have put the financial world on edge 15 years after the failure of U... Read the Full Story |
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From Our Partners | | Starlink could be Elon Musk’s most ambitious venture yet—and its IPO is expected to be the biggest in history. According to one top VC, the target date is August 13, 2025. And thanks to a little-known “backdoor” strategy, you could stake a claim before it goes public.
Forbes estimates this IPO could be 350X larger than Amazon’s. But once the filing hits, the biggest profits could vanish overnight. | | Click here to discover the backdoor play on Musk’s Starlink IPO. |
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Markets | | | Working against the clock to stop a developing banking crisis, Treasury Secretary Janet Yellen had until sunset on Sunday, March 12, to come up with a plan to calm the U.S. economy. She quickly turned to someone who had been through the fire before, and on a much larger scale: Hank Paulson. Paulson,... Read the Full Story |
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Chasing stock prices higher is rarely a sound investment strategy, but there are times when it can pay off, and Cal-Maine Foods Inc. (NASDAQ: CALM) might be one of them. Dynamics within the egg-laying hen population have this company set up for windfall profits akin to the oil indu... Read the Full Story |
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Markets | | | 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 |
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Stocks | | | 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 |
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Dave & Buster's Entertainment Inc. (NASDAQ: PLAY) has been working hard to improve its operations and growth capability since the pandemic began. The restaurant rebound has helped drive revenue and earnings to levels well above pre-pandemic times.
In this light, Dave & Buster's... Read the Full Story |
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Thursday's Early Bird Stock Of The Day-logo.png?v=20211130090720) The Real Good Food Company, Inc., through its subsidiary, operates as a health and wellness focused frozen food company in the United States. The company develops, manufactures, and markets foods designed to be high in protein, low in sugar, and made from gluten- and grain-free ingredients. It offers comfort foods, such as bacon wrapped stuffed chicken, chicken enchiladas, grain-free cheesy bread breakfast sandwiches, and various entrée bowls under the Realgood Foods Co. brand name, as well as sells private-label products. The company serves retailers, which primarily sell its products through natural and conventional grocery, drug, club, and mass merchandise stores. It also sells its products through its e-commerce channel, which includes direct-to-consumer sales through its website, as well as through its retail customers' online platforms. The company was formerly known as Project Clean, Inc. and changed its name to The Real Good Food Company, Inc. in October 2021. The Real Good Food Company, Inc. was founded in 2016 and is based in Cherry Hill, New Jersey. | | View Today's Stock Pick |
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