Good MorningEquity markets rebounded to start the week but hit a top on Thursday. The CPI data was hotter than expected and plays into the idea that the FOMC will not cut rates before mid-year. That is contrary to a general expectation that the first cut will come in March, an expectation that will lead to disappointment if the inflation doesn't cool further. As it is, the headline CPI accelerated versus last year, while the core came in above consensus at 3.9%, nearly double the Fed's target.
The technical outlook is deteriorating for the S&P 500. The index hit a new high, if barely, while MACD and stochastic diverge. This is a signal of market weakness that could lead to a correction. Earnings season is heating up and may provide the next catalyst, but risk exists. Reports from the Big Banks were generally good but not enough to keep them from selling off after the releases on Friday; activity suggesting strength was priced in, and a further improvement in results may not be forthcoming. Featured: Everyone’s watching Nvidia right now. Here’s why I’m excited. (Ad) 
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Calculating stock growth rates isn't always easy and can seem intimidating, especially with all of the numbers and terminology getting thrown around. Every investor seems to have a preferred way of calculating that works for them to quickly and accurately determine how fast and by how much a sto... Read the Full Story |
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If you're considering investing in a dividend stock, you're likely wondering when your dividend payment date is. After all, dividend stocks are ideally about earning a steady income stream.
Many public companies pay dividends regularly, usually quarterly, semi-annually or annually. Knowing ... Read the Full Story |
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Stocks | | | The question of growth vs. value investing is arguably the biggest rivalry in modern markets. We're talking Yankees vs. Red Sox, Foreman vs. Ali, or Elon Musk vs. the SEC. Growth and value each have legions of proponents who will fiercely argue the benefits of each investing style over the other. An... Read the Full Story |
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The big banks will get the headlines, but investors should watch UnitedHealth Group Inc. (NYSE: UNH). The health insurance giant scored a double beat when it reported fourth-quarter earnings on January 12, 2024. The headline numbers are as follows: Earnings per share came in at $6.16, beating anal... Read the Full Story |
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Markets | | | European markets opened lower while Asian markets were mostly higher on Monday as the week got off to a mixed start. U.S. markets will be closed for Martin Luther King Day, a holiday. France’s CAC 40 lost 0.1% to 7,454.74. Germany’s DAX slipped 0.1% to 16,688.90, and Britain’s FTSE 100 shed 0.2% to ... Read the Full Story |
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Stocks | | | Wall Street closed its 10th winning week in the last 11 with a mixed finish Friday following an encouraging report on inflation.The S&P 500 edged up by 0.1% after earnings reporting season kicked off with mixed results from Delta Air Lines, JPMorgan Chase and others. The Dow Jones Industrial Ave... Read the Full Story |
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A 3% drop by lunchtime on Friday should tell you everything you need to know about the market's reaction to Wells Fargo & Company's (NYSE: WFC) earnings report. While the finer details will need to be examined more closely over the weekend, it's looking for now at least that a h... Read the Full Story |
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Markets | | | The biggest banks in the country posted strong profits last year, helped by higher interest rates and a strong economy, despite having to deal with the lingering industry costs of last year's banking crisis that caused the collapse of Silicon Valley Bank and Signature Bank. All the banks had one-tim... Read the Full Story |
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Markets | | | Germany's economy shrank 0.3% last year as Europe's former powerhouse struggled with more expensive energy, higher interest rates, lack of skilled labor and a homegrown budget crisis.Europe's largest economy has been mired in stagnation since the last months of 2022 amid those multiple challenges. T... Read the Full Story |
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Markets | | | UnitedHealth Group turned in a better-than-expected fourth quarter but surprised Wall Street with medical costs that soared 16%.Shares of UnitedHealth and other major health care and insurance providers slipped Friday after the company announced results. Health insurers dealt with rising medical cos... Read the Full Story |
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Monday's Early Bird Stock Of The Day agilon health, inc. provides healthcare services for seniors through primary care physicians in the communities of the United States. It offers a platform that manages the total healthcare needs of the patients by subscription-like per-member per-month. The company was formerly known as Agilon Health Topco, Inc. and changed its name to agilon health, inc. in March 2021. agilon health, inc. was founded in 2016 and is based in Austin, Texas. | | View Today's Stock Pick |
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