[ad_1] It’s time to sell stocks that are seeing inventory pile up at the same time as consumer demand slows, according to Adam Parker of Trivariate Research. Inventory levels are becoming the key performance indicator for equities as companies continue to deal with global supply chain issues made worse by …
Read More »FedEx, Costco, Boeing and more
[ad_1] Check out the companies making headlines before the bell: FedEx (FDX) – FedEx remains on watch this morning after announcing a 6.9% increase in shipping rates and plans to cut another $4 billion in annual costs. FedEx fell 3.2% in the premarket. Costco (COST) – Costco lost 3.3% in …
Read More »5 things to know before the stock market opens Friday, September 23
[ad_1] A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, September 9, 2022. Brendan McDermid | Reuters Here are the most important news items that investors need to start their trading day: 1. Is this week over yet? U.S. stock futures fell …
Read More »Credit Suisse says buy stocks with this characteristic popularized by Warren Buffett
[ad_1] Credit Suisse is recommending stocks with a characteristic favored by Warren Buffett for investors navigating growing risk in equity markets. The firm expects companies with “economic moats” could help investors shield their portfolios from increasing economic uncertainty. It’s a term popularized by the legendary investor that refers to a …
Read More »This index is signaling that inflation already peaked and is slowing
[ad_1] For signs that inflation may be easing, Wall Street pros have an unlikely source — the price of used cars. The Manheim Used Car Price Index fell to 205.9 in September from 210.8 in August. Since the beginning of the year, the index has declined nearly 13%. The consumer …
Read More »Charts suggest inflation could soon come down ‘substantially,’ Jim Cramer says
[ad_1] CNBC’s Jim Cramer on Thursday said that inflation could soon decline, leaning on charts analysis from legendary technician Larry Williams. “The charts, as interpreted by Larry Williams, suggest that inflation could soon cool down substantially — soon — if history’s any guide,” he said. The “Mad Money” host’s comments …
Read More »Costco's quarterly results indicate the retailer is thriving despite high inflation
[ad_1] Costco shares were trading lower after-hours in reaction to the slight quarterly beats, but that’s typical. [ad_2] Source link
Read More »I like Boston Scientific over Medtronic
[ad_1] Dow Inc: “Don’t buy it back. … It’s just not right.” SoFi Technologies Inc: “This stock is too cheap. … The CEO is going to make you money if you buy that stock at $5.36.” Energy Transfer LP: “[Investor] Lee Cooperman said the other day that he thinks Energy …
Read More »Qualcomm's first auto investor day offers signs the industry is embracing its tech platform
[ad_1] We think Qualcomm delivered with its first-ever automotive investor day. [ad_2] Source link
Read More »3 recent tech trends show the Fed’s inflation push is working
[ad_1] CNBC’s Jim Cramer on Thursday said that based on his conversations with CEOs, tech companies are feeling the Federal Reserve’s push against inflation. “While some of these tech companies have business lines that may be somewhat immunized against higher borrowing costs, they are few and far between out here,” …
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