| Welcome to the Stock Dork Cheat Sheet; your go-to guide for all the most important stock market news and analysis. Happy Monday! It's May 16th. We hope you had a good weekend! Here's what's going on in the market this week: |
Last week the Dow entered its seventh week in a losing streak, the longest of such for that index in decades, while the S&P 500 and NASDAQ fell into bear market territory. The S&P 500 retreated to its lowest level since March 2021. U.S. stock futures fell this morning as the market attempts to rebound from a huge sell-off that has greatly affected U.S. stocks and seen the S&P 500 slip into the brink of a bear market. In the pre-market session, Dow futures were down 0.10%, S&P 500 futures fell 0.29%, and Nasdaq futures saw losses of 0.51%. |
ð | NASDAQ | 12,387.40 | +3.51% | ð | S&P | 4,023.90 | -2.41% | ð | DJIA | 32,196.67 | -2.14% | ð | GOLD | $1,859 | -3.06% | ð | WTI CRUDE OIL | $107.13 | +2.80% |
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Buying stocks under $20 is a great way to get a portfolio off the ground, as the companies in this range often still have plenty of room for growth. As always, do your research on the company, their business model, and key data such as year-over-year revenue and earnings per share to build a full picture of what youâre buying into. These are the 6 BEST stocks to buy right now! |
- Nu Holdings Ltd. (NU) PM
- Wix.com (WIX) AM
- Walmart (WMT) Tue / AM
- Home Depot (HD) Tue / AM
- JD.com (JD) Tue / AM
- Cisco Systems (CSCO) Wed / PM
- Lowe's Companies (LOW) Wed / AM
- Target (TGT) Wed / AM
- Analog Devices (ADI) Wed / AM
- The TJX Companies (TJX) Wed / AM
- Synopsys (SNPS) Wed / PM
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Monday, May 16 - Empire state manufacturing index [May] ... 8:30a
Tuesday, May 17 - Retail sales [April] ... 8:30a
- Retail sales excluding vehicles [April] ... 8:30a
- Industrial production index [April] ... 9:15a
- Capacity utilization [April] ...9:15a
- NAHB home builders' index [May] ... 10a
- Business inventories (revision) [March] ... 10a
Wednesday, May 18 - Building permits (SAAR) [April] ... 8:30a
- Housing starts (SAAR) [April] ... 8:30a
Thursday, May 19 - Initial jobless claims ... 8:30a
- Philadelphia Fed manufacturing index [May] ... 8:30a
- Existing home sales (SAAR) [April] ... 10a
- Leading economic indicators [April] ... 10a
Friday, May 20 |
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