Good MorningEquity markets rallied on Friday to end the week higher after rates on the 10-year treasury pulled back from the critical 4.0% level. The move should not be trusted due to the ongoing impacts of inflation and the outlook for FOMC interest rate hikes. The latest data shows inflation is accelerating and the Fed is on track to hike rates well above the 5.0% level. The risk for the market is that next week's NFP data will be vital and coupled with rising wages that will keep the Fed on its current path.
Next week brings another round of earnings reports although the peak of Q4 reporting is long past. Next week's reports include many small and mid-cap names along with Oracle. Oracle is noteworthy because it marks the mid-point between peak earnings season and the start of Q1 reporting. The company is expected to report a significant increase in YOY revenue and earnings that may be hard to match. Featured: How to buy back years of your retirement (Ad) 
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Newly public companies are often among the market’s biggest percentage gainers, and 2021 initial public offerings Globalfoundries Inc. (NASDAQ: GFS), On Holding AG (NYSE: ONON), and Qualtrics International Inc. (NASDAQ: XM) may be setting up for a fresh round of price gains.
Fortunate... Read the Full Story |
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From Our Partners | | Congress is deep into “Crypto Week” — with new bills that could finally bring clarity to digital assets.
Crypto analyst Juan Villaverde says Bitcoin will likely keep climbing… but smaller coins could deliver far bigger gains. He’s revealing the altcoins he believes are best positioned for this new regulatory era. | | See Juan’s top altcoin picks for the new crypto bull cycle |
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Tech | | | 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 |
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Stocks | | | Stocks are rising Monday, clawing back some of their losses from Wall Street’s worst week since early December.
The S&P 500 was 0.6% higher in afternoon trading and on pace for just its second gain in the last seven days. The Dow Jones Industrial Average was up 146 points, or 0.5%... Read the Full Story |
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From Our Partners | | New Hampshire just launched a Strategic Crypto Reserve — and James Altucher says it’s the first sign that “Trump’s Great Gain” has officially begun.
Altucher believes select cryptos could turn $900 into $108,000 over the next 12 months — and he’s laying out the full gameplan in a new presentation. | | See Altucher’s Trump crypto prediction here |
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The stock market has changed over the last year, and it no longer favors unprofitable fad stocks. These days, companies with yield, quality assets, and resilient business models are reaping the rewards. It's a shift that value investors say comes about a decade late.
After all, why bother with st... Read the Full Story |
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Stocks | | | 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 |
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From Our Partners | | A couple of years ago, we started playing with the massive amounts of data that MarketBeat takes in everyday trying to figure out if there was a way to identify short term trading wins. By analyzing earnings data, news sentiment, analyst recommendations, insider transactions and dozens of other data points, we think we’ve found an algorithm that finds interesting short-term stock ideas. We call that algorithm the IdeaEngine and its stock ideas are published on MarketBeat All Access every Monday morning. We make one IdeaEngine idea available free every Monday as an SMS alert. We’ll be releasing the next IdeaEngine alert on Monday morning, so make sure you are signed up before then.  | | Get MarketBeat IdeaEngine Alerts (Free) |
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Canadian financial institutions Royal Bank of Canada (NYSE: RY), Bank of Montreal (NYSE: BMO), and Bank of Novia Scotia (NYSE: BNS) all raised their dividends since February 28, as MarketBeat’s data on recent dividend increases show.
All three banks are large caps and heavily weighted... Read the Full Story |
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Is Zscaler (NASDAQ: ZS) buyable on this dip? Wedbush analyst Dan Ives thinks so. In his view, the Q4 billings were not a wow number, which is one reason the market is moving lower. Based on the outlook for federal spending and the long-term outlook for cyber-security spending, the pullback is an o... Read the Full Story |
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February was a tough month for the market but all is not lost. Stocks like Salesforce.com (NYSE: CRM), Meta Platforms (NASDAQ: META), and NVIDIA (NASDAQ: NVDA) came out with many upgrades that have these stocks not only bottoming but in reversal. While hurdles remain, these market-leading best-in-... Read the Full Story |
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Stocks | | | Stocks are opening higher, clawing back some of the losses from their worst week since early December. The S&P 500 rose 0.8% early Monday and is on pace for just its second gain in the last seven days. The Dow and the Nasdaq also rose. Stocks have struggled in February after a strong start to th... Read the Full Story |
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Markets | | | Wall Street pointed toward gains before the opening bell Monday after last week's rout and ahead of another full slate of corporate earnings this week.
Futures for the benchmark S&P 500 rose 0.5% and futures for the Dow Jones industrials moved 0.4% higher.
Last week... Read the Full Story |
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Monday's Early Bird Stock Of The Day Globus Medical, Inc., a medical device company, develops and commercializes healthcare solutions for patients with musculoskeletal disorders in the United States and internationally. The company offers spine products, such as traditional fusion implants comprising pedicle screw and rod systems, plating systems, intervertebral spacers, and corpectomy devices for treating degenerative and congenital conditions, deformity, tumors, and trauma injuries; treatment options for motion preservation technologies that consist of dynamic stabilization, total disc replacement, and interspinous distraction devices; interventional solutions to treat vertebral compression fractures; and regenerative biologic products comprising of allografts and synthetic alternatives. It also offers products for the treatment of orthopedic trauma, including fracture plates, compression screws, intramedullary nails, and external fixation systems; and hip and knee joint solutions, including modular hip stems and acetabular cups, as well as posterior stabilizing and cruciate retaining knee arthroplasty implants. In addition, the company distributes human cell, tissue, and cellular and tissue-based products. It sells its products through direct or distributor sales representatives, as well as hip and knee products through independent sales agents. Globus Medical, Inc. was incorporated in 2003 and is headquartered in Audubon, Pennsylvania. | | View Today's Stock Pick |
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