The S&P 500 May Be Heading To 3,500

Byrdyak The bull narrative is over, and now the market must convince the Fed to pivot. The stock market may have finally realized that rallying in hopes of the Fed stopping its rate hikes was the wrong approach. The equity market seemed to forget that what will likely cause the Fed to change direction isn’t … Continue reading “The S&P 500 May Be Heading To 3,500”

Credit Suisse’s top picks for March include new addition Microsoft

Credit Suisse refreshed its top stock picks for March, as the market reversed its January rally and began a renewed sell-off. The S & P 500 is now up about 1.3% in 2023, through early Friday, after losing 2.6% in February as traders grow more anxious about the effect of higher interest rates on stocks … Continue reading “Credit Suisse’s top picks for March include new addition Microsoft”

A bull market is in full swing – and most of us are in denial

Sucker’s rally! Four months since the stock market began its recovery from last year’s carnage, skeptics are still piling on. Doubters of bull markets ceaselessly hunt bogeymen. There are the old standbys: the Fed and its rate hikes, inflation and recession. There are some newfangled distractions, too: Chinese spy balloons, anyone? The noise signals we … Continue reading “A bull market is in full swing – and most of us are in denial”

Fortress stocks beating the market this year for a perilous March

The stock market in March is looking grim, but certain “fortress” stocks can allow investors to play defense and beat the market. All the major indexes are headed toward a losing February. As of Monday’s close, the Dow Jones Industrial Average is down 3.5% for the month. Meanwhile, the S & P 500 and Nasdaq … Continue reading “Fortress stocks beating the market this year for a perilous March”

Planet Fitness Stock, IBD Stock Of The Day, Muscles Up On Earnings, Nears Buy Point

Planet Fitness Cl A Planet Fitness Cl A PLNT $1.75 2.21% 138% IBD Stock Analysis Handle buy point at 86.01, with an aggressive entry near 84 Composite Rating Industry Group Ranking Emerging Pattern Cup with Handle * Not real-time data. All data shown was captured at 12:24PM EST on 02/23/2023. Planet Fitness (PLNT) is Thursday’s … Continue reading “Planet Fitness Stock, IBD Stock Of The Day, Muscles Up On Earnings, Nears Buy Point”

INSP Stock, IBD Stock Of The Day, Breaks Out On Massive Sales Growth

Inspire Medical Systems Inspire Medical Systems INSP $15.58 6.24% 217% IBD Stock Analysis Shares moved above 262.64 buy point out of flat base Stock has now moved above its 50-day moving average Relative Strength Rating is 91 out of a best-possible 99 Composite Rating Industry Group Ranking Emerging Pattern Flat Base * Not real-time data. … Continue reading “INSP Stock, IBD Stock Of The Day, Breaks Out On Massive Sales Growth”

Uber Stock Accelerates Into Q4 Results; Chip Leaders Onsemi, Rambus, Axcelis, Impinj Set To Report

Uber (UBER) is among a group of top-performing stocks set to report earnings in the coming week. Uber stock is near the top of a 20-week consolidation after a bullish move off lows, making it a candidate for a call option trade of Wednesday’s earnings report before the open. X Semiconductor stocks have provided much … Continue reading “Uber Stock Accelerates Into Q4 Results; Chip Leaders Onsemi, Rambus, Axcelis, Impinj Set To Report”

U.K. stocks continue positive streak, rise for second day

U.K. stocks finished higher Friday, with the FTSE 100 Index UKX, +1.04% rising 1.04% at 7,901.80. Of the FTSE 100 constituents, mixed retailing company B&M European Value Retail S.A. BME, +3.44% saw the largest increase Friday, as shares rallied 3.44%. Shares of medical equipment/supplies firm Smith & Nephew PLC SN, +3.35% and major oil & … Continue reading “U.K. stocks continue positive streak, rise for second day”

Chipotle’s drive-through lane growth not fully appreciated: Oppenheimer By Investing.com

© Reuters. By Liz Moyer Investing.com — Chipotle Mexican Grill Inc (NYSE:) is “getting spicy again,” generating growth with its Chipotlane drive-through offering, something that the market hasn’t fully appreciated, according to a note Friday by Oppenheimer. The analysts raised their price target to $1,875 on the stock, with an outperform rating. Chipotle shares are … Continue reading “Chipotle’s drive-through lane growth not fully appreciated: Oppenheimer By Investing.com”

Slowing economic growth and a FTSE record high can coexist – here’s how | Nils Pratley

The UK will be the only G7 country to see its economy shrink this year, the International Monetary Fund predicted this week. The stock market, on the other hand, is doing just fine. Almost five years after its last closing high, the FTSE 100 index hit a new one on Friday. Can nonexistent growth and … Continue reading “Slowing economic growth and a FTSE record high can coexist – here’s how | Nils Pratley”