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Daily Stock Pick: May 4th, 2022

Stocks inched higher in early trading ahead of a pivotal Fed rate decision slated for release this afternoon.  Investors are expecting a more hawkish Fed.  According to a recent CNBC survey, the central bank is widely expected to raise rates by 50 basis points and a second...
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These Three Space Stocks Are Primed for Lift Off

According to a report by Space Capital, space infrastructure companies received a record-breaking $14.5 billion of private investment last year, up more than 50% from 2020.  Thanks to “mega-rounds” of $250 million or more by Planet Labs, Sierra Space, and Elon Musk’s SpaceX, more than $4.3 million...
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Daily Stock Pick: May 6th, 2022

Following a sharp sell-off during yesterday’s trading session, stocks continued to lose traction overnight, slipping deeper into the red during pre-market trading this morning.  Yesterday’s losses erased gains from Wednesday’s post-FOMC meeting rally after Fed Chair Powell ruled out the prospects of more significant rate hikes.
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Three Stocks to Watch for the Week of May 9th, 2022

Markets were especially volatile last week.  Stocks rallied on Wednesday after Fed Chair Jerome Powell announced a less hawkish trajectory for upcoming policy meetings.  But, the relief rally proved to be short-lived, as markets fell sharply on Thursday and continued to decline on Friday.  The Nasdaq shed...
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Daily Stock Pick: May 9th, 2022

Stocks were sharply lower to start the day as U.S. Treasury Yield rates continued to climb.  Before the bell, the benchmark 10-year yield hit 3.185%, its highest level since late 2018, adding pressure to the tech stocks. Before the bell, the Dow and the S&P 500 were...
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