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As per the Labor Department’s report, November’s consumer price index rose just 0.1% from the previous month and 7.1% from a year ago. Economists surveyed by Dow Jones had expected a 0.3% monthly increase and a 7.3% 12-month rate. Moreover, the Producer Price Index (PPI) for final demand rose 7.4% in November year over year, […]

Every investor looks for that one stock that will create enormous wealth and help retire early. Although it’s easier said than done, the stock market presents investors with opportunities to retire early. San Jose, California- based Cisco Systems, Inc. (CSCO) has defied the sell-off in tech stocks this year. The stock has gained 10.8% in

This year, sky-high inflation and the Federal Reserve’s attempts to tame it have caused significant market volatility. The central bank is expected to raise interest rates again this month by 0.5 percentage points. Well-established and financially sound companies, called “blue chips,” weather a market downturn better than smaller companies, making them solid picks in the

The Fed is expected to keep hiking rates in the coming months to achieve their target inflation of 2%. However, the Fed had indicated a slowdown in the rate hike aggression, and many are now predicting a 50-bps rate hike in December, down from the 75-bps increases seen over the last four launches. Moreover, economists

Rigel Pharmaceuticals (RIGL) surpassed EPS estimates by 18.5% for its 2022 third quarter. Moreover, the U.S. Food and Drug Administration approved its REZLIDHIA (olutasidenib) capsules for treating adult patients with relapsed or refractory (R/R) acute myeloid leukemia. REZLIDHIA is expected to be incredibly beneficial for patients with poor prognoses and is a solid addition to

The stock market and economy have struggled significantly this year due to multi-decade high inflation, aggressive monetary policy tightening by the Federal Reserve, the economic fallout from Russia’s invasion of Ukraine, and the growing possibility of a recession. The Fed raised interest rates this year at the fastest since the 1980s, including 75 basis point

The media and entertainment giant, The Walt Disney Company (DIS) had seemingly come a full circle three weeks ago when on Sunday, November 20, the company’s board decided to let go of Bob Chapek as chief executive to announce the return of his predecessor, Robert A. Iger, to run the company with immediate effect. With

“Be Fearful When Others Are Greedy And Greedy When Others Are Fearful” is a famous stock market adage of famed investor Warren Buffet. The CNN Fear and Greed Index certainly epitomizes that notion. The chart below shows how greed and fear tend to swing back and forth from one extreme to the other. Following in

Persistently high inflation, significant tightening of monetary policy, geopolitical instability owing to Russia’s invasion of Ukraine, and growing fears of a recession have contributed to a highly uncertain market environment this year. After hitting bear market lows in the first half of this year, stocks rebounded in July, but major market indices retreated again, hitting

AMC Entertainment Holdings, Inc. (AMC) surpassed revenue and EPS estimates by 0.8% and 18.4%, respectively, in the 2022 third quarter. However, the movie and entertainment industry continues to underperform and is still below pre-pandemic levels. Amid a scarcity of movie releases, AMC might witness a further downtrend. According to ScreenVision CEO John Partilla, the number