Share to Twitter Share to Linkedin Don't let opportunity slip away. The last two weeks saw media negativity increase. However, economy reports and stock market actions hint at a rebound ahead. Here are the key items to keep in mind... First, this mid-quarter timing is traditionally an excellent time to act : buy, sell and rebalance. The important quarterly earnings reporting is mostly completed. Fund managers are unconstrained, with a full 1-1/2 months remaining before they need to worry about the holdings in their quarterly reports. Second, May is a great month to be optimistic in the northern hemisphere . Late spring and summer await, when spirits are lifted by weather, outdoor activities, vacations and generally relaxed attitudes. Then follows fall into winter, marked by major holidays ending with the launch of the new year: 2023. Third, remember that Wall Street attempts to forecast ahead by about six months . Therefore, expect third and … [Read more...] about Sell? No Way – This Is A Buyers’ Stock Market
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Representative image The Federal Reserve's determination to raise interest rates until it squashes the highest inflation in decades is darkening the outlook across Wall Street, as U.S. stocks stand on the cusp of a bear market and warnings of a recession grow louder. At issue is the so-called Fed put, or investors’ belief that the Fed will take action if stocks fall too deeply, even though it has no mandate to maintain asset prices. One oft-cited example of the phenomenon, which is named after a hedging derivative used to protect against market falls, occurred when the Fed halted a rate hiking cycle in early 2019 after a stock market tantrum. Also Read: Global stocks rebound despite unease over economy; dollar gains This time around, the Fed’s insistence that it will raise rates as high as needed to tame surging inflation has bolstered the argument that policymakers will be less sensitive to market volatility - threatening more pain for investors. read more A recent … [Read more...] about As bear market looms, battered Wall Street seeks elusive ‘Fed put’
Share to Twitter Share to Linkedin Everybody's talking about higher inflation and rising interest rates, but are they worried? Not really. The Fed's on the case, so investors are asking, "Which investments are best to buy?" Barron's has the answer on its January 17 cover (underlining is mine): "2022 Roundtable - Our experts see a strong economy, a volatile market, and a good time for bargain hunting . " Turning to the article for stock ideas, we run into a cautious title, " Time to Buckle Up ," based on this summary: " Wall Street's pandemic-era party appears to be ending. Stocks, bonds, crypto, you name it - almost every asset class has hit a rough patch since 2022 dawned, and things could get worse before they begin to get better . That's the consensus of the 10 investors on Barron's Roundtable, which met this year on Jan. 10, on Zoom. The group looks for inflation to rage and stocks to stumble in the first half of 2022, as the Fed … [Read more...] about Dual Bond And Stock Bear Markets Look Likely
Share to Twitter Share to Linkedin Nokia stock (NYSE: NOK) is down 6.5% in the past month (21 trading days), still outperforming the S&P 500 which was down 12%, almost double that much. If you look at the change over the last five days, too, the stock has gained 3.6%, outperforming the broader markets. Additionally, Nokia’s most recent Q1 ’22 earnings saw revenue rise to $5.66 billion, up from $5.38 billion in Q1 ’21. Despite this, a faster rise in COGS and operating expenses, saw operating margins drop from 8.5% to 6.6% over this period. Due to this, EPS came in lower at $0.04 in Q1 ’22, down from around $0.05 in Q1 ’21. Now, is Nokia stock set to continue its outperformance or could we expect a bounce back? We believe that there is an average 59% chance of a rise in Nokia stock over the next month (21 trading days) based on our machine learning analysis of trends in the stock price over the last ten years. See our analysis on Nokia Stock Chance of … [Read more...] about Can Nokia Stock Continue Weathering The Storm In The Broader Markets?
Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × The market snapped a five-week losing streak and closed 3 percent higher in the week ended May 20. Volatility remained on the higher side amid the Ukraine-Russia crisis, and fear of aggressive rate hikes by the Federal Reserve. After losing more than 11 percent in the previous five weeks, the Nifty50 closed decisively above 16,000 mark at 16,266, up nearly 500 points and formed a bullish candle on the weekly scale. The index also closed way above 5 and 10 days simple moving averages whose value placed above 16,060 levels. The index has not fallen below its March lows (15,671) and also held strongly above the 15,700 mark, which both could act as strong support levels in coming days and sustaining above 16,000 could take the index beyond 16,600 mark, experts said. "With reference to … [Read more...] about Top 10 trading ideas from experts for next 3-4 weeks as market snaps five-week losing streak
Share to Twitter Share to Linkedin Peloton’s stock has seen another sell-off, falling by around 40% over the last month, as surging inflation, rising interest rates, and the prospect of a recession continued to turn investors away from growth stocks and pandemic favorites. Moreover, Peloton’s Q3 FY’22 earnings were weaker than expected, with revenue declining to $964.3 million from $1.26 billion a year ago, as demand for at-home fitness equipment cooled considerably. This marked Peloton’s first year-over-year revenue decline since it went public. Peloton’s poor planning didn’t help either, as inventory has piled up, eating into the company’s cash just as sales fell. Net losses also widened to $2.27 per share, from about $0.03 a year earlier. Things are expected to remain tough over Q4 FY’22 as well, with the company projecting revenue of between $675 million and $700 million, well below consensus estimates, marking a decline of as much as 29% from the same quarter … [Read more...] about Peloton Stock Is Cheap Given Its Solid Subscription Business
Global equity markets rebounded after the S&P 500 pared losses that briefly took it into bear market territory, and the dollar gained on Friday, as investor unease about Federal Reserve policy tightening to curb inflation kindled fears of a recession. Shares rebounded earlier in Europe and Asia after China cut a key lending benchmark to bolster its weakening economy, helping initially to drive gains on Wall Street. China cut its prime rate for five-year loans, which influences mortgage prices, by 15 basis points in a reduction that was sharper than expected as authorities seek to cushion the impact of an economic slowdown. Also Read: Indian markets should be moving upwards next week, says IIFL’s Sanjiv Bhasin While a late-day rally stopped the S&P 500 from confirming a bear market, the gloom on Wall Street led the benchmark to fall for the seventh consecutive week, an event that has occurred only five times since 1928, according to S&P Dow Jones Indices. … [Read more...] about Global stocks rebound despite unease over economy; dollar gains
Share to Twitter Share to Linkedin The shares of Vail Resorts (NYSE: MTN) have observed a sizable sell-off in recent months as rising inflation, countermeasures by the Fed, and the Russia-Ukraine war have lowered long-term investor sentiments. The company provides mountaineering-related services including ski school, mountain biking, hiking, and lodging in the U.S. and Canada. Per their investor presentation, the company is projecting 20% growth in lift pass revenues in FY 2022 – indicating high demand for Vail’s ski passes for the quarter ending April (Q3 FY2022). Trefis highlights the historical trends in Vail Resort’s revenues across different quarters over the last two years in an interactive dashboard analysis. How did Vail Resorts perform in 2021? In 2021, Vail Resorts reported $1.9 billion of total revenues – just 16% lower than pre-pandemic levels. The company’s top line observed strong growth before the pandemic, largely assisted by … [Read more...] about Time To Take Positions In Vail Resorts Stock?
Share to Twitter Share to Linkedin Tapestry (NYSE: TPR) stock, a luxury goods retailer of handbags, shoes, and accessories under the Coach, Kate Spade, and Stuart Weitzman brands, has increased by almost 13% over the last five trading days (one week) and currently stands at around $32. In comparison, the broader S&P500 index increased only marginally over the same period. The retailer’s stock jumped on beating both top and bottom lines in the recent fiscal third quarter in the face of a high inflationary environment. In Q3, the company’s revenue grew 13% year-over-year (y-o-y) to $1.4 billion and remained flat in adjusted earnings per share to $0.51. The company continued to leverage its digital scale to bring in new customers and develop a sustainable advertising budget during the quarter. It’s worth noting that the company acquired 1.4 million new customers and enjoyed a 13% increase in sales despite slowdowns in Asia. Tapestry’s fiscal 2022 … [Read more...] about Should You Buy Tapestry’s Stock Post Fiscal Q3?
Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Domestic commodity producers soared on May 20 after the world’s largest commodity consumer China cut its key lending rates by a record quantum to stimulate the economy ravaged by the latest outbreak of the COVID-19 and reemergence of lockdowns. Shares of domestic producers such as JSW Steel , Hindustan Copper , Tata Steel , Vedanta , National Aluminum Company , SAIL , and Hindalco Industries soared 2-7 percent in the morning trade. The Chinese central bank cut the five-year prime rate by 15 basis points to 4.45 percent in a bid to stimulate economic activity that has been ravaged by the latest outbreak of the COVID-19 pandemic and the reemergence of lockdowns. Shanghai, one of the biggest industrial hubs and ports in the world, hasn't reported a single COVID-19 case recently, … [Read more...] about Metal stocks rally as China cuts key lending rates to stimulate economy