Stocks Are Breaking Down But Major Catalysts Are on the Way
Investors fear the Federal Reserve might overtighten as it continues to raise interest rates, causing the major indexes to slide — and more in Thursday’s stock market recap. December’s Producer Price Index came in below estimates, again hinting that inflation has...
The Sectors Set to Rise and Fall as Earnings Season Continues
The market rose Wednesday morning as the most recent economic data hints that inflation may have peaked — and more in Wednesday’s stock market recap. The Producer Price Index, which measures the wholesale cost of goods and services, fell 0.5% in December. Analysts...
Why This Breakout Is Doomed to Fail, Plus an Earnings Update
The major indexes dipped lower as earnings reports roll in — and more in Tuesday’s stock market recap. Big banks and other financials continued reporting Tuesday morning. The Goldman Sachs Group Inc. (NYSE: GS) came in below profit estimates as investment banking...
What I’m Watching This Earnings Season, Plus My Top 3 Energy Stocks
https://player.vimeo.com/video/789086198?h=15804f389e Last week was the first real week of trading for the year as far as the stock market is concerned. We had a full five sessions, remarks from Federal Reserve Chair Jerome Powell and other officials, Consumer Price...
A Major Shakeout Is on the Table as Banks Stumble on Earnings
The major indexes slid lower on recession fears as big banks report earnings — and more in Friday’s stock market recap. JPMorgan Chase & Co. (NYSE: JPM) beat analysts’ expectations on earnings and revenue, but said a mild recession remains its chief concern for...
My Top ETF and Option as Market Digests Latest Jobs and Inflation Data
The major indexes are up slightly as they digest the latest inflation and jobs data — and more in Thursday’s stock market recap. December’s Consumer Price Index report came in at 6.5% year over year, below the November figure of 7.1% and consensus estimates of 6.6%....