The Latest Breaking News from US Federal Reserve

The recent tech rout due to macroeconomic factors has crushed some quality SaaS stocks. As the Fed intends to keep raising interest rates, fundamentally weak SaaS stocks Twilio (TWLO), UiPath (PATH), and C3.ai (AI) are expected to see further downside. So, these stocks are best avoided now. Read on….

While concerns over the Fed’s hawkish stance have kept the stock market under pressure, some analysts expect the market to rebound later this year and into 2023, following the trend of mid-term election years. Therefore, investors may consider buying fundamentally solid stocks Microsoft (MSFT), UnitedHealth Group (UNH), and Walmart (WMT).…

U.S. stocks traded slightly higher this morning, with the Dow Jones adding more than 50 points on Wednesday.

Worries about sky-high inflation, the Federal Reserve’s hawkish stance, and recession prospects have spurred market sell-off lately. Moreover, investors expect increased market volatility as analysts cut down their earnings estimates. Given the uncertain market conditions, fundamentally weak and losing stocks Snap (SNAP), Allegiant Travel (ALGT), and Cardiff Oncology (CRDF) could…

Wall Street Journal

The major U.S. index futures are pointing to a nervous start on Wall Street as investors look ahead to a slew of Fed speeches scheduled for the remainder of the week.

Pre-open movers U.S. stock futures traded slightly higher in early pre-market trade after closing lower on Tuesday. The Dow Jones dropped around 173 points, while the Nasdaq Composite declined around 86 points in the previous session. Data released Tuesday showed the ISM services index climbed to 56.9 in August from…

Asian shares are mostly lower, as pessimism prevailed about higher interest rates ahead and Wall Street continued a slump

With the increasing odds of a recession, fundamentally weak stocks may struggle to find support anytime soon. Paypal Holdings (PYPL), Warner Bros. Discovery (WBD), and Farfetch Limited (FTCH) were recently downgraded in our proprietary rating system, given their weak fundamentals and growth attributes. So, it may be prudent to avoid…

Why are you getting virtually no interest on your savings?

The stock market has been under pressure amid the high inflation and the Fed’s hawkish tilt. However, the favorable August job report could help the Fed achieve a soft landing. Given this backdrop, we think investors should invest in fundamentally sound stocks The Kroger (KR), Hillenbrand (HI), and Genie Energy…