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Daily Stock Pick: June 24th, 2022

Stocks inched higher to kick off the week's final trading session, with the major averages on track to snap a three-week losing streak. So far this week, the Dow is up 2.6%, the S&P 500 is up 3.3%, and the Nasdaq is up 4%.  
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Daily Stock Pick: June 23rd, 2022

Stocks ticked slightly higher this morning as market watchers prepare for the second day of Congressional testimony from Fed Chair Jerome Powell.  On Wednesday, Powell commented that a recession is a “possibility,” adding to concerns on Wall Street.   One of the best ways to...
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Daily Stock Pick: June 22nd, 2022

Recession concerns were in the spotlight as investors awaited Fed Chair Jerome Powell’s two-day Congressional testimony, kicking off today. Stocks sank in early trading, giving back some of yesterday’s gains after Goldman Sachs warned clients that the risks of a recession are "higher and more front-loaded." 
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Daily Stock Pick: June 21st, 2022

Stocks were pointed higher in early trading to kick off the holiday shortened week, looking to take back some of the previous week’s losses.  “There is not a single reason for the bounce in equities, and the overwhelming view is dismissing the uptick as being nothing more...
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Three Stocks to Watch for the Week of June 21st, 2022

The major indices continued their descent last week, driven by recession concerns after the Federal Reserve raised its benchmark federal funds rate by 75 basis points. On Monday, the S&P 500 joined the Nasdaq in bear market territory after a 3.9% sell-off drove the index to...
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