Good MorningEquity markets ended the week, month and year on a sour note falling more than 1.0% at the low of the day on Friday to cap off a year of selling in the stock market. The S&P 500 shed more than 25% at the depths of the correction and may reach those levels again in 2023. The risk for the market this year is not only a worsening outlook for corporate earnings but a growing possibility for a deep recession. This week may be another week of listless trading but the action will heat up soon enough. The calendar Q4 2022 earnings reporting season begins with releases from JPMorgan and other major banks along with key reports from other sectors. As it is, the market is expecting to see S&P 500 earnings fall by roughly 3.0% on average which will be the first decline in earnings since the depths of the pandemic in Q3 of 2020. Featured: $200 Oil Sooner Than You Think -- Buy This Now (IPM) |
Markets | | At first glance, it might seem like Kintara Therapeutics Inc (Nasdaq: KTRA) would not be a good investment. After all, analysts gave the stock a HOLD rating after its Q3 earnings report in November. However, that rating alone is not enough to understand the full scope of possibility in its future,... Read the Full Story >> |
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From Our PartnersSenator Ted Cruz, Bill Haggerty of Tennessee, Congressmen David Price, Patrick Fallon, Brian Babin, August Pfluger, Tom Malinowski, Pete Sessions… Both the GOP and the Dems are loading up on one stock. | | Why? That's the most interesting part. |
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Markets | | 2022 has been challenging for big tech. While the QQQ NASDAQ Index tracking stock (NYSE: QQQ) is down more than 33% from its post-pandemic peak names like Facebook (cough Meta Platforms (NASDAQ: META)), Amazon (NASDAQ: AMZN) and Salesforce.com (NYSE: CRM) are down more than 50%, and the figure may... Read the Full Story >> |
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Stocks | | This article highlights three high-yield dividend stocks that investors will want to consider buying in 2023. Investors are expecting another volatile year. And owning dividend stocks is a time-honored way to stay invested during market volatility. Because these companies pay shareholders ... Read the Full Story >> |
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From Our PartnersIf the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself. | | Click Here to Learn How > > > |
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Markets | | Shares began the year mixed, with European benchmarks opening higher on Monday after a lackluster session for the few Asian markets not closed for New Year holidays. U.S. markets are also closed. This week brings employment data and minutes from the latest meeting of ... Read the Full Story >> |
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Markets | | Power generation and energy storage systems maker Generac Holdings Inc. (NASDAQ: GNRC) stock has been a heartbreaker. Shares were trading at a high of $524.31 just over a year ago before shares fell to a new weekly lower low of $86.29 in late December, falling below its pre-pandemic levels. With ... Read the Full Story >> |
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From Our PartnersWashington is printing and spending. Inflation is soaring. And now, a growing group of the world's top money experts believe a recession will soon sweep the nation. That's why thousands of Americans believe in a one-step strategy rarely shared outside of "certain circles." Take action now and you may even have an opportunity to grow richer if the price of gold skyrockets in 2022. | | >> Get Your FREE Copy of the Inflation Survival Kit While It's Still Available |
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Markets | | Russia deployed multiple exploding drones in another nighttime attack on Ukraine, officials said Monday, as the Kremlin signaled no letup in its strategy of using bombardments to target civilian infrastructure and wear down Ukrainian resistance to its invasion. The barrage was the lat... Read the Full Story >> |
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Tech | | Israel’s military fired missiles toward the international airport of Syria's capital early Monday, putting it out of service and killing two soldiers and wounding two others, the Syrian army said. The attack, which occurred shortly after midnight Sunday, was the second in seven months... Read the Full Story >> |
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Markets | | Russia deployed multiple drones overnight to attack parts of Ukraine and dozens were shot down, Ukrainian officials said Monday, in a series of relentless attacks through the weekend that killed three civilians on New Year's Eve. Kyiv Mayor Vitali Klitschko said that 40 drones “headed... Read the Full Story >> |
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Markets | | India’s top court said Monday that the government’s surprise decision in 2016 to demonetize high-value bills was legal and taken after consultation with India's central bank. The five-judge constitution bench was hearing petitions challenging the currency ban that rendered 86% of Indi... Read the Full Story >> |
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Markets | | Microsoft Corporation (NASDAQ: MSFT) scooped up a 4% stake in the London Stock Exchange Group (LON: LSEG) this month. Investors might wonder what significance this will have for the company moving forward. As part of the acquisition, the companies will work to create a "centralized, financia... Read the Full Story >> |
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The Early Bird Stock Of The DayMonday: Stock Being DowngradedMirati Therapeutics, Inc., a clinical-stage oncology company, develops product candidates to address the genetic and immunological promoters of cancer in the United States. The company develops MRTX849, a KRAS G12C inhibitor, which is in Phase 1/2 clinical trial for treating non-small cell lung (NSCL), colorectal, pancreatic, and other cancers; and Sitravatinib, an investigational spectrum-selective kinase inhibitor that is in Phase 3 clinical trial for the treatment of NSCL cancer, as well as a... | View Today's Stock Pick |
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