Yandex NV (YNDX) has gained Tuesday morning, with the stock increasing 8.70% in pre-market trading to 49.11. YNDX’s short-term technical score of 24 indicates that the stock has traded less bullishly over the last month than 76% of stocks on the market. In the Internet Content & Information industry, which ranks 140 out of 146 industries, YNDX ranks higher than 56% of stocks. Yandex NV has fallen 13.68% over the past month, closing at… Source link
Read More »4 pillars of the Ukraine-Russia fear trade: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, February 15, 2022 The inflation-rate hike apocalypse has been canceled — for now Just days ago, reactive markets were convulsed by fears of spiraling prices, and the prospect of a Federal Reserve making up for lost time with aggressive rate hikes to cool things down. But one day is practically a lifetime in financial markets. This week,… Source link
Read More »What The Rock’s arms and the S&P 500 all have in common: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, February 14, 2022 On Super Bowl Sunday, there was Dwayne “The Rock” Johnson getting the Super Bowl started on the right foot as only he could. Couple things stood out to me while The Great One was speaking: 1) He never trips up over his words on the mic, going back to his days with WWE. 2) Under Armour needs a bigger deal with The Rock (they… Source link
Read More »Inflation is ‘out of control,’ and it may make the Fed trigger happy: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, February 11, 2022 No rest for inflation weary consumers Alas, the wizard Gandalf could only hold the line for so long. After the government reported consumer prices ran white-hot in January, yields on the 10-year Treasury finally breached the psychologically-key 2% threshold on Thursday, which sent stocks into a fresh tailspin. Perhaps I… Source link
Read More »What Gandalf, capped bond yields have in common: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, February 10, 2022 ‘The Lord of the Rings’ wizard has nothing on yields that refuse to pass 2% Bond yields have been on the march, testing their highest levels since before the onset of COVID-19, just as the Federal Reserve embarks on a rate hike campaign to tame inflation. Yet with data Thursday morning expected to show the highest U.S…. Source link
Read More »Bracing for a stock market that’s going ‘a whole lot of nowhere’: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, February 9, 2022 The looming era of ‘not particularly positive’ returns Unless your name is Meta (FB) or Peloton (PTON), the fourth quarter earnings season has been surprisingly kind to corporate America. Leaving the beleaguered social network (whoops, I mean metaverse pioneer) and fitness brand aside, Q4 results have continued to post… Source link
Read More »The inflationary risk markets are ignoring, but shouldn’t: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, February 8, 2022 Geopolitics are pushing oil toward $100, and that’s a problem for inflation Ukraine and OPEC have become inflation risks — of sorts. And Wall Street, preoccupied as it has become with a host of other issues like interest rates, earnings and economic growth, has yet to fully appreciate why they matter. Investors… Source link
Read More »The Russell 2000 is performing terribly — why that could be bad news for the stock market : Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, February 7, 2022 Bigger isn’t always better. Case in point: Lots of trading desks are locked in on the dramatic underperformance of the small-cap Russell 2000 Index amid the bounce-back in broader stocks from the late January lows. The Russell 2000 — which is often viewed a proxy for the strength (or lack thereof) of the domestic economy… Source link
Read More »A Meta-morphosis of sentiment that may turn again: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, February 4, 2022 Despite a Meta-drubbing, all might not be lost Unleash the Meta-phors. The big fourth quarter earnings miss by Facebook’s re-christened parent company (FB) Meta-stasized on Wall Street (sorry, I just couldn’t resist) — dragging all the major indexes lower in an unmitigated bloodbath The lackluster results gave the… Source link
Read More »Omicron in retreat, but jobs may be a victim of wave: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, February 3, 2022 Omicron wave retreats, leaving wreckage in its wake Like a strong tide that crashes into a beach shore before it washes back out to sea, the Omicron variant of COVID-19 — which has spent months buffeting the global economy — is mercifully in retreat. But it’s leaving some debris in its wake. On Wednesday, we learned… Source link
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