Stock Market

Analysts fell to the sidelines weighing in on Diageo (DGEAF – Research Report) and Rite Aid (RAD – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks. Diageo (DGEAF) In a report issued on December 14, Celine Pannuti CFA from J.P. Morgan maintained a Hold rating on

Sharing is Caring! by Michael Snyder It seems like it was just yesterday that we were told that a new variant called “Omicron” had been discovered in southern Africa.  Now it is being reported that Omicron is suddenly spreading like wildfire all over North America and Europe, and we are being told that a very

Sharing is Caring! Via Birch Gold One of the reasons it’s a good idea to form a solid retirement plan is the uncertainty in the markets. But not just the stock markets… We’ve witnessed absurd calculations about the returns pensions must generate to meet their funding objectives. Like when they use an absurdly-ambitious 7% (or higher) return on investment,

Sharing is Caring! by Martin Armstrong QUESTION: Marty; would you comment on David Stockman’s assistance that the fundamental consequence of 30 years of Fed-fueled financial asset inflation is that the prices of stocks and bonds have way overshot the mark. Thank you HW ANSWER: David Stockman was the Director of the Office of Management and Budget (1981–1985) under

In this article JNJ FDX ORCL RIVN MRNA JPM An entry sign to the Johnson & Johnson campus shows their logo in Irvine, California on August 28, 2019. Mark Ralston | AFP | Getty Images Check out the companies making headlines in midday trading. Johnson & Johnson — Shares of Johnson & Johnson fell 2.2%

In this article US10Y US2Y .IXIC Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, December 8, 2021. Brendan McDermid | Reuters Stocks could be volatile in the coming week, with thin volume exaggerating moves in both directions ahead of the Christmas holiday. The market was whipsawed in

Sharing is Caring! by Kimble Charting Rising stock market volatility has made for a very tough trading environment for investors. And while stocks remain elevated, several key indexes and indicators are flashing caution. Last week, I highlighted an important tech stocks ratio that is teetering. And today, we focus on the broader stock market via the S&P 500

In this article DRI CERN WGO FDX RIVN EPAY Check out the companies making headlines before the bell: Darden Restaurants (DRI) – The parent of Olive Garden, Longhorn Steakhouse and other restaurant chains beat estimates by 5 cents with quarterly earnings of $1.48 per share and revenue that also topped forecasts. Same-restaurant sales jumped 34.4%,

Sharing is Caring! by confoundedinterest17 The Freddie Mac 30-year mortgage commitment rate rose to 3.12%. But once we subtract the gut-wrenching inflation rate, the REAL 30-year mortgage rate is -3.689%. The nominal Freddie Mac 30-year commitment rate rose to 3.12% which is still lower than 3.18% back on April 1, 2021 after surge in rates following

In this article ADBE ABNB HOOD WOOF ACN The Adobe Systems logo is displayed outside one of the company’s offices. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Adobe — Shares of Adobe sank 11.4% after issuing weaker-than-expected guidance. Adobe forecast fiscal year 2022 adjusted earnings

Sharing is Caring! by Jim Quinn Fauci, Biden and their band of merry varianteers began to see their fear narrative dissipating around Thanksgiving. Cases had fallen from 175,000 per day in mid-September to the 70,000 range in late November, down 60% and far below the 255,000 cases per day in January 2021. The Delta variant

In this article GM X RIVN FDX JBL AFRM Rivian employees stand beside the new all-electric pickup truck by Rivian, the R1T, as it sits at one of its facilities on November 09, 2021 in the Brooklyn borough of New York City. Spencer Platt | Getty Images Check out the companies making headlines in after-hours

In this article DAL ACN REGN LEN NOV.N-CH V Check out the companies making headlines before the bell: Delta Air Lines (DAL) – Delta rose 2.3% in the premarket after projecting a $200 million fourth-quarter profit. Consensus forecasts were predicting a quarterly loss for Delta, but the carrier said it is seeing strong holiday demand

Sharing is Caring! by Martin Armstrong Florida is leading the nation in job growth due to eased tax laws and COVID restrictions. Florida alone added 579,000 jobs during 2021, representing a 5.8% uptick in new jobs. In contrast, the national average has been a muted 0.5%. As of October, Florida consistently attracted new labor in

Sharing is Caring! by Michael Snyder The World Health Organization has sent a “rapid response team” into South Sudan to investigate a mysterious new illness that is killing people in large numbers.  At this point, about the only thing that we know about this deadly disease is that it is “unidentified”.  I scoured all of

In this article ROKU CCMP BLMN Simone Baribeau | Bloomberg | Getty Images Check out the companies making headlines in midday trading Wednesday: Medtronic — The medical technology company’s shares declined 6.7% after Medtronic revealed its diabetes business received a warning letter from the Food and Drug Administration on Dec. 9 about the inadequacy of

Sharing is Caring! by confoundedinterest17 There was an interesting op-ed in The Wall Street Journal entitled “The Fed Is the Main Inflation Culprit”. If price stability is squandered, financial stability is put at risk. If financial stability is lost, the economy is imperiled and the social contract is threatened. During the past several quarters, U.S. inflation has

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Gilead Sciences (GILD – Research Report), Tivity Health (TVTY – Research Report) and AbbVie (ABBV – Research Report) with bullish sentiments. Gilead Sciences (GILD) In a report released today, Evan Seigerman from BMO Capital maintained a Buy

In this article 7203.T-JP RRD REGN VIR LLY DPZ Check out the companies making headlines before the bell: Toyota (TM) – Toyota gained 2.2% in premarket trading, after announcing it would produce a record 800,000 vehicles in January. Toyota is ramping up output to make up for prior production lost to parts shortages. Vir Biotechnology

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Dynex Capital (DX – Research Report), Offerpad Solutions (OPAD – Research Report) and DigitalOcean Holdings (DOCN – Research Report). Dynex Capital (DX) JMP Securities analyst Trevor Cranston reiterated a Hold rating on Dynex Capital today. The company’s shares

The Federal Reserve is expected to announce a dramatic policy shift Wednesday that will clear the way for a first interest rate hike next year. Markets are anticipating the Fed will speed up the wind-down of its bond buying program, changing the end date to March from June. That would free the central bank to

Sharing is Caring! by Charles Hugh-Smith Are we smart enough to keep our oh-so-easily conjured riches? If we continue to believe that doing more of what’s failed spectacularly will deliver permanently expanding riches, then the answer is no. Near the end of his monumental 400+-page analysis of the notion that alternative energy sources can replace hydrocarbon fuels,

In this article GME AMC DELL TMX RL Beyond Meat “Beyond Burger” patties made from plant-based substitutes for meat products sit on a shelf for sale in New York City. Angela Weiss | AFP | Getty Images Check out the companies making headlines in midday trading. GameStop, AMC Entertainment — Meme stocks rebounded from a

Sharing is Caring! by Sundance I’m not confident that Joe Manchin will ultimately hold the line on more spending; however, it is interesting that on the same day Manchin is reported to be casting doubt on more Joe Biden social spending {LINK}, the Washington Post published a hitjob on him around his family finances {LINK}.

In this article AMC GME BYND PFE TSLA 9898-HK Check out the companies making headlines before the bell: GameStop (GME) – The videogame retailer – one of the so-called “meme” stocks – lost another 3.1% in the premarket following a nearly 14% tumble yesterday to its lowest close since March. GameStop had seen its stock

Sharing is Caring! by Kimble Charting The U.S. economy and stock markets have been lead by technology companies (and stocks) for nearly 20 years. And this dynamic is on full display in today’s chart. Below is a long-term “monthly” ratio chart of the Nasdaq Composite to S&P 500 Index. In short, if this ratio is

After Raymond James and Oppenheimer gave Backblaze (NASDAQ: BLZE) a Buy rating last month, the company received another Buy, this time from JMP Securities. Analyst Erik Suppiger reiterated a Buy rating on Backblaze today and set a price target of $30.00. The company’s shares closed last Monday at $21.38. According to TipRanks.com, Suppiger is a

Sharing is Caring! by Michael Snyder It is often said that life imitates art, and these days that is particularly true on the mean streets of our major cities.  Violent criminals just keep getting more brazen, and murder rates are soaring all over the nation.  As you will see below, one official in Los Angeles

In this article HOG PFE SIVB XOM KO CCL GME Customers view Harley-Davidson Inc. motorcycles at the company’s dealership in South San Francisco, California, U.S., on Tuesday, June 26, 2018. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Harley-Davidson — Shares of the motorcycle maker jumped

Sharing is Caring! Via Birch Gold Mainstream media has been making a big deal about Social Security’s cost-of-living-adjustment (COLA) for next year. “Biggest jump since 1983,” according to at least one source. While it’s a fact that the 5.9% COLA is substantial when compared to prior years, once inflation is factored in, beneficiaries will experience “sticker