Wall Street strategists expect a bumpy road ahead for stocks.  The median year-end target for the S&P 500 now stands at 4,750, representing a gain of only 13% from yesterday’s close.  Today we’ll discuss a short-term play that allows shareholders to benefit from backslides...
Stocks fell this morning in early trading, erasing some of the gains of the past two days as investors continue to grapple with signs of a slowing economy.  Adding to concerns around economic growth and surging inflation – Target (TGT) reduced its revenue guidance on Tuesday, saying...
Stocks began the morning deep in the red as investors continue to grapple with the implications of persisting inflation pressures and expectations of an aggressive Fed policy tightening campaign.  Meanwhile, cases of monkeypox are escalating worldwide, forcing the CDC to raise its guidance.  This morning the CDC...
Stocks ticked higher this morning and seemed ready to take back some of last week’s losses after Beijing announced its decision to ease quarantine measures.  Another factor contributing to the positivity around Chinese stocks, a report from The Wall Street Journal, released this morning, stated that Chinese...
Stocks ticked lower last week, giving back some of the previous week’s gains after a stronger-than-expected May employment report added to concerns that the Fed would continue to intensify its efforts in the fight against inflation, collaterally, adding pressure to the economy.   The...