The S&P 500 (SPY) seems to be on the verge of an important breakout above the key level of 4,000. That’s because some are applauding the lowering of inflationary pressures. However, the flip side of that coin is that this is happening because of a recession looming on the horizon that provides ample reason to ..
Tag : Stocks
Although the Fed’s seven interest rate hikes were able to cool inflation in the last three months of 2022, the central bank remains committed to achieving its inflation target by raising interest rates through 2023. As the economy might witness a slowdown, investors could consider adding fundamentally sound and dividend-paying stocks Walmart (WMT), Molina Healthcare ..
Popular cable stock Comcast (CMCSA) recently announced the world’s first live multi-GB internet connection with 10G and Full Duplex DOCSIS 4.0. Moreover, CMCSA pays a more than 2% dividend. Also, Wall Street analysts expect the stock to grow almost 10% in the near term. Therefore, CMCSA might be an ideal addition to your portfolio. Keep ..
Inflation moved the S&P 500 (SPY) this week as the December Consumer Price Index (CPI) report was released on Thursday. Let’s break it down in today’s issue. I think the results may surprise you. shutterstock.com – StockNews (Please enjoy this updated version of my weekly commentary originally published January 12th, 2023 in the POWR Stocks ..
The recent short covering rally in Tesla stock provides a better price point to position to profit on a further pullback in TSLA. shutterstock.com – StockNews Tesla (NASDAQ:TSLA) is in trouble. It is down $80 a share (40%) in the past month and a half and $260 a share (67%) since making a high last April. And ..
The bear market has been downright brutal for growth stocks. Thus making it clear that now is the time for value. That is why you need to discover the attractiveness of Bristol-Myers Squibb (BMY) shares. Read on below for the full story. shutterstock.com – StockNews Bristol-Myers Squibb (BMY) is the poster child for a stock ..
Growth stocks are back! And, they are poised to lead the S&P 500 (SPY) higher after the brutal bear market investors experienced in 2022. Read on to find out the best strategy to profit from the next big bull market in growth stocks. shutterstock.com – StockNews Earlier in 2022, we unveiled an important article titled… ..
Hey are you enjoying the early gains for the 2023 stock market? Me too. Unfortunately this appears to be a mirage with the S&P 500 (SPY) ready to head lower…and probably make new lows in the months ahead. Why is that? Read on below for the answer. shutterstock.com – StockNews The market has been hot ..
With the Fed signaling to continue raising interest rates throughout this year, the probability of the economy tipping into a recession is increasing. Amid the macroeconomic unrest, fundamentally sound large-cap stocks UnitedHealth Group (UNH), Walmart (WMT), and Eli Lilly (LLY) might be safe investments this year. Read on…. shutterstock.com – StockNews Although the inflation showed ..
While inflation has been showing signs of cooling recently, it is still far beyond the Fed’s target rate. Consequently, the Fed is expected to keep raising the interest rates for some time, fueling the chances of a global recession. Therefore, it could be wise to invest in well-performing stocks Pfizer (PFE), Honda Motor (HMC), and ..
