Top stock picks for the second half of 2022

Citi has named a raft of stocks it thinks could do well in the second half of 2022, as investors continue to navigate market uncertainty and hot inflation. Stock markets suffered steep losses in the first six months of this year as an unrelenting sell-off brought major indexes to their knees. The S&P 500 endured … Read more

Treasury yields tick higher amid market volatility as yield curve remains inverted

US Treasury yields were higher early on Wednesday after a volatile day on Wall Street, but the closely watched 2-year / 10-year yield curve remained inverted, a key recession warning. At around 2:45 am ET, the yield on the benchmark 10-year Treasury note climbed one base point to 2,824%, while the yield on the 30-year … Read more

Three plays for the third quarter

The health care sector is often a sleepy performer but in this market turmoil it may prove to be one of the areas of not only safety in the third quarter – but growth. The third quarter could be a turbulent time, after the worst first half for stocks since 1970. As investors fear rampant … Read more

Top Wall Street analysts say buy Rivian and Nio

A Citibank sign in front of one of the company’s offices in California. Justin Sullivan | Getty Images Investors just can not seem to find a trough in this bear market, and are struggling to hold on to any optimism amid growing concerns of a possible recession. However, the key to surviving a bear market … Read more

Quarterly investment guide 3Q 2022: Market outlook

The third quarter could be a turning point for stocks this year, separating the dismal first half from a possible year-end rally. The summer months are critical, as they could very well determine whether the market is able to shake off its current extreme bearishness by the end of the year. Normally the three-month period … Read more

Apple, FedEx, Coinbase, Honeywell, Micron

Here are Wall Street’s biggest calls on Friday: Berenberg downgrades FedEx to hold from buy Berenberg said FedEx is “too much” of a “show me” story. “However, with near-term earnings risks now mounting and mixed prospects for the execution of the strategic review, we think the shares may pause for breath until the macroeconomic outlook … Read more

5 things to know before the stock market opens Tuesday, June 28

Here are the most important news items that investors need to start their trading day: 1. Stocks attempt to rebound Traders work on the floor of the New York Stock Exchange. SNEEZE Futures rose Tuesday morning after stocks’ attempt to keep a rally going fizzled Monday. Investors are still weighing the risks of supercharged inflation … Read more

Nike, Spirit Airlines and more

Take a look at some of the biggest movers in the premarket: Nike (NKE) – Nike fell 2.4% in premarket trading despite reporting better-than-expected quarterly profit and revenue. The athletic apparel and footwear maker forecast current-quarter revenue below analysts’ estimates amid increased promotional activity and ongoing disruptions in its profitable Chia market. Spirit Airlines (SAVE) … Read more

Fund manager says this stock is so cheap it makes ‘no sense’

Trying to buy the dip in a beaten down market might feel similar to stepping into a clearance sale at your favorite store – everything’s on sale and screams “buy.” But with no guarantee that the recent uptick in markets is anything more than temporary, investors are stressing the importance of being selective if adding … Read more

JPMorgan Chase tells employees the bank will pay for travel to states that allow abortion

JP Morgan CEO Jamie Dimon speaks at the Boston College Chief Executives Club luncheon in Boston, Massachusetts, US, November 23, 2021. Brian Snyder | Reuters JPMorgan Chase, one of the largest employers in the US financial industry, told workers that it will pay for travel to states that allow legal abortions, according to a memo … Read more