Your Evening Recap for Thursday, December 1stEquity markets tread water on Thursday following a cooler-than-expected read on inflation. The October PCE price index came in at 0.2% for the month, cooler than the 0.3% expected and down from the previous month's 0.5%. The news, while good, is dubious in nature because YOY inflation is still running at a greater than 5.0% pace. At this level, the market should expect the pace of interest rate hikes to remain high if not at the 75 basis point clip it has been rising.
Friday's market will be driven by the NFP report. The NFP is expected to show a slowdown in hiring but the key data will be the wage gains. If wages continue to rise at the 5.0% pace they have set investors should expect core PCE prices to continue rising at an above 2.0% pace well into 2023 and cut deeply into S&P 500 earnings. Featured: Buy This $5 Stock Before Apple Car Announcement (IPM) |
 Sometimes there’s a lot to be said for just reading the tape. Back in the day, investors didn’t have access to breaking news, or even old news like we do today, but they still made money by looking at a stock’s chart and forming an educated opinion. Looking at Apple (NASDAQ: AAPL), its chart paints a pretty picture right now. Having slammed into a 52-week low back in June, shares came close to retaking all-time highs in August before dipping again into the fall. But crucially, they came nowhere near June’s low and even into this week continue to move up higher. Visually and technically speaking, it’s clear that Apple’s stock is setting higher lows. Read The Full Story > |  The winner will control the 21st Century. The U.S. MUST find NEW domestic sources of critical minerals, such as cobalt, lithium and rare earths needed to ensure superiority in our military and mobile and green technologies. One exploration company is determined to help with potential big discoveries in Idaho, Montana and Nevada. Click here for this urgent investment opportunity |
 Money is a complex topic, with thousands of books, websites, and podcasts dedicated to covering some aspect of the subject. It can also evoke a strong emotional response. Feelings of embarrassment, shame, frustration, anger, and more can keep people from addressing their financial situation.One solution is to carve up financial strategies into small, simple tasks. The following 25 tasks can all be implemented and completed within an hour, which means they’re non-threatening and easy to do. Crossing a few off your list will help you feel more confident and save some money.1. Read The Full Story > |
 Updated: Federal Reserve Chairman Jerome Powell confirmed Wednesday, Nov 30, that smaller interest rate increases are likely ahead even as he sees progress in the fight against inflation as largely inadequate.We are approaching that time of year when the stock market gets into a holiday mood triggering a Santa Claus rally into the new year. With the S&P 500 index (NYSEARCA: SPY) trading down (-17%) and Nasdaq (NASDAQ: QQQ) down a naughty (-29%) for the year, investors are left to ponder if markets have the wherewithal to stage a Santy Claus Rally. The biggest concern for the markets is rising interest rates. Read The Full Story > |  In retrospect, what would you have done differently to succeed in the 2022 markets? Resist the urge to panic sell? Be more diligent in stock analysis? Do away with the emotional roller coaster of volatility? Trading is tough, but what if I told you that you could use artificial intelligence and be able to forecast up to three days ahead of time what a particular market or security is about to do? Learn to forecast trends with up to 87.4% proven accuracy -> Register Here |
 The U.S. economy would face a severe economic shock if senators don't pass legislation this week to avert a freight rail worker strike. That's the message the Biden administration is delivering personally to Democratic senators in a closed-door session Thursday. The House acted soon after a request from President Joe Biden and on Wednesday passed legislation that would bind rail companies and workers to a proposed settlement that was reached in September but rejected by some of the 12 unions involved. But the Senate often works at a slower pace, and the timing of final votes is ... Read The Full Story > |
 In what has been a tough year for growth investors, few equity categories have provided the spark counted on for portfolio appreciation. The energy sector is one, but it's a sea of red almost everywhere else. This means two things: 1) many brokerage accounts will be limping into 2023 with lower values and 2) as the saying goes, ‘it’s all relative’ — as in relative performance. And with the market bracing for a recession, consumer cyclicals and flashy technology names could have another tough year ahead. Stable growth might be the name of the game. A great place to find stocks with solid fundamentals that support dividend payouts is the S&P 500 Dividend Aristocrats — companies that have increased their dividend for at least 25 consecutive years. Read The Full Story > |  A tiny $4 company has developed a new liquid battery that's sending shockwaves through the energy industry.
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 Closing arguments at the Trump Organization's criminal tax fraud trial got off to a rocky start as a lawyer for the company was caught showing jurors portions of witness testimony that had previously been stricken from the official court record Read The Full Story > |
 Shares of Cosmos Holdings (NASDAQ: COSM) stock are up 618% in November. This penny stock has gone from trading for actual pennies per share to 68 cents per share at the time of this writing. The company has had some favorable news to report. But this has all the earmarks of a short squeeze. Price movement like what’s happening with COSM stock can attract a lot of investors. Just look at what happened to stocks such as GameStop (NYSE: GME) and AMC Entertainment (NYSE: AMC) in 2021. But what comes up sharply can also drop at the same rate. In this article, we’ll look at why Cosmos Holdings may be worth your investment and where the risks lie. Serving Two Growing Markets Cosmos Holdings is a vertically integrated pharmaceutical company. Read The Full Story > |
 Stocks fell in uneven trading on Wall Street Thursday and bond yields pulled back after the government reported that a measure of inflation that's closely watched by the Federal Reserve eased in October. The S&P 500 slipped 0.1% as of 1:49 p.m. Eastern. There were slightly more losers than gainers in the benchmark index and the broader market was weighed down primarily by financial sector stocks. Bank of America fell 2.7% and Capital One Financial slid 3.6%. Salesforce slumped 9.6% for the biggest drop in among S&P 500 stocks after Bret Tay... Read The Full Story > |
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