Every investor appreciates that recessions and bear markets go hand in hand. But the definition of a recession often seems more difficult to pin down. So are we in a recession? And if not, then does that mean that disaster has been averted or that the pain train is still rolling towards investors? This is ..
Tag : Stocks
The Nasdaq 100 surged after the Fed announced a 75 basis-point rate hike for the second straight month and hinted at pausing the policy tightening depending on economic data. This, along with better-than-expected corporate earnings, should help the index stay resilient in the near term. Therefore, it could be wise to invest in fundamentally sound ..
Apparel retailer Gap’s (GPS) CEO recently stepped down, which seems to have weighed down its stock price. With the stock in a downward trend, will it be wise to invest in it now? Read on to find out…. shutterstock.com – StockNews Apparel retail company The Gap, Inc. (GPS) offers apparel, accessories, and personal care products ..
Every bear market is followed by a bull market…just like how spring inevitably arrives after every winter. Sure, it’s easy to lose sight of this fact in the middle of a brutal bear market, but investors need to realize that amazing opportunities are just around the corner. And, NOW is the time to start preparing. ..
The S&P 500 (SPY) has managed to pull off a fantastic bear market rally and now, we are off the mid-June lows by nearly 10%. In last week’s commentary, we noted the bullish reactions to negative news like the CPI report which did get our spidey senses tingling. We also had a low-risk setup vs ..
Despite missing second-quarter earnings estimates, Wells Fargo’s (WFC) shares surged 6.2% in early trading last week. So, let’s evaluate if it is worth buying the stock now. Read on. shutterstock.com – StockNews Wells Fargo & Corporation (WFC) is a leading financial services company with about $1.9 trillion in assets, serving one in every three U.S. ..
Shares of green hydrogen producer Plug Power (PLUG) has gained 10.5% over the past months and is currently among the most active equities on Wall Street. However, given the company failed to meet analyst estimates in the last reported quarter, can it continue to maintain its current trajectory? Let’s find out. shutterstock.com – StockNews Plug ..
Industrial stock Fastenal (FAST) has witnessed significant selling pressure lately despite reporting a year-over-year increase in its revenue and earnings for the last quarter. Although the company managed to offset the rising costs by undertaking price increases, will it be able to manage the inflationary pressures in the upcoming months? Read on to learn more. ..
Previously a sell, the recent big drop in crude has made Big Oil a buy. How to position to profit from continued consolidation in XOM stock. shutterstock.com – StockNews A little over a month ago, I wrote about why I thought oil and oil stocks were a short in “5 Reasons Why It’s Finally The ..
Inflation news provides more signs the worst in the stock market (SPY) is not behind us. Earnings season is providing more signs the worst is not behind us. Economic reports are providing more signs the worst is not yet behind us. The only confusion is all the silly little “suckers rallies” that pop up between ..
