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Daily Stock Pick: August 17th, 2022

Stocks ticked lower this morning as markets awaited minutes from the July Fed policy meeting, which resulted in a 75 basis point rate hike. Investors will look for clues on what to expect during the next meeting in September. Economists at Nomura said the minutes would likely...
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Daily Stock Pick: August 16th, 2022

Stocks were little changed this morning as investors processed earnings from retail giants Home Depot and Walmart. Of the 455 S&P 500 companies that have reported thus far, around 75% have topped profit projections, and roughly 63% have bested revenue forecasts, according to Bloomberg. Year-over-year...
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Daily Stock Pick: August 15th, 2022

Stocks edged lower this morning as investors braced for earnings from major retailers Target, Ross Stores, Home Depot, and Lowe’s. Wall Street will look for clues about inflation’s effect on the businesses in the second quarter.   The bulls have had a good run...
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Three Stocks to Watch for the Week of August 15th, 2022

Stocks rallied into the close Friday, contributing to a solid weekly uptick for the major indices. The Dow gained nearly 3%, while the Nasdaq and the S&P 500 rose over 3%, logging the fourth consecutive positive week – the longest string of weekly gains for the...
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Three Solar Stocks for a Brighter Tomorrow

Solar stocks are catching a boost on the heels of the Senate’s approval of the Inflation Reduction Act, a $430 billion climate bill aimed to reduce the budget deficit via tax reform while investing in renewable energy that is expected to be passed by the House this...
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