Article By:
Invezz
Wednesday, May 1, 2024 11:43 AM EDT
American stocks were mixed on Wednesday as the earnings season continued and as investors waited for the latest Federal Reserve decision. The Dow Jones rose by over 65 points while the S&P 500 and Nasdaq 100 indices fell by over 10 basis points.
In this article: MCO, AMGN, BKNG, DKNG Also: APO, COP, CVS, EL, ICE, IRM, LEG, LYV, NVO, SMCI, AAPL, SBUX, NCLH, LC, PINS, SOJA, ROOT, OWL
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Article By:
Zacks Investment Research
Wednesday, May 1, 2024 11:30 AM EDT
Things are tricky this year, with the world likely to be experiencing a stagflation-like scenario. So, walking along the regular path won’t make you profitable this time. Let's take a deeper dive...
In this article: PPA, RATE, HEWJ, XLK, SPYD
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Article By:
Tyler Durden
Wednesday, May 1, 2024 11:18 AM EDT
CVS shares plunged after first-quarter revenue and adjusted earnings missed Wall Street's average expectations. The drugstore chain also slashed its full-year profit outlook, citing rising medical costs in its Medicare insurance unit.
In this article: CVS
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Article By:
Tim Knight
Wednesday, May 1, 2024 11:13 AM EDT
SMCI with one of the great gap-closing shorts in human history. LOTS more downsides from here. Double digits are possible by 2026.
In this article: SMCI
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Article By:
Phil Davis
Wednesday, May 1, 2024 11:10 AM EDT
There’s nothing more fun than a good sell-off when you are well-hedged.
In this article: NYCB, MJ
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Video By:
Jordan Roy-Byrne
Wednesday, May 1, 2024 10:53 AM EDT
In this video, we discuss the breakout in gold, stagflation vs. disinflation and the catalysts which will lead to an upside acceleration in gold & silver over the next few years.
In this video: GLD, SLV
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Article By:
Michael Lebowitz
Wednesday, May 1, 2024 10:46 AM EDT
Taking a closer look at Trump’s potential role in setting monetary policy.
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Article By:
Tobias Carlisle
Wednesday, May 1, 2024 10:27 AM EDT
Superinvestors are dumping Comcast stock. Here is a list the those who reduced, or sold out of the company’s stock, according to their latest 13Fs.
In this article: CMCSA
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U.S. recession risk remains low at the moment, based on the newsletter’s primary indicator, which aggregates several business-cycle metrics.
Over the last two weeks, the bullish sentiment index has reversed from extreme greed to fear. The composite net bullish sentiment index, comprised of professional and retail investors, fell from 38.15 to 9.9 in two weeks.
When considering IBM’s stock price forecast 2024, it is essential to focus on the overall trend rather than fixating on specific price targets.
In my prior post from early April, I mentioned that I was closely watching if the OMXIPI and OMXI15, the two main benchmarks for the Icelandic stock market, are in the process of reversing their long-term trends from down to up.
Equilibrium was lost when an earnings-based reflex rebound restored S&P to around the 50-Day Moving Average, and then Tuesday simply worked into a more notable sell-off.
International Paper (IP) manufactures packaging products and cellulose fibers. Over the past year, International’s share price increased about 5.58% from $33.11 to $34.96 as of Tuesday’s market close.
