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Daily Stock Pick: June 13th, 2022

Stocks plunged this morning as short-term yield rates surged. Stocks that would suffer the worst in a recession, such as consumer discretionary and tech, led the losses ahead of the Federal Open Market Committee’s 2-day policy meeting, which kicks off tomorrow. The Fed is expected...
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Three Stocks to Watch for the Week of June 13th, 2022

Stocks finished last week with steep losses after the Labor Department released its May consumer price index (CPI) inflation reading. The report, released Friday, showed that May’s annual inflation rate rose to a 40-year-high of 8.6%, above expectations of 8.2%.     Last week’s decline...
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Three Stocks to Avoid for the Week of June 13th, 2022

Seeking out great stocks to buy is essential, but many would say it’s even more important to know which stocks to steer clear of. A losing stock can eat away at your precious long-term returns. So, figuring out which stocks to trim or eliminate is essential for...
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Daily Stock Pick: June 10th, 2022

Stocks plunged after the release of a red hot Consumer Price Index reading for May. The report showed an increase of 8.6% year over year, surpassing consensus expectations of an 8.3% increase. At the start of today’s session, the major indices were on track for...
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Daily Stock Pick: June 9th, 2022

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...
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