Author: super@dmin
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The Tell: Bears beware. Past corrections for the S&P 500 are only 15% on average, outside of recessions
The S&P 500 narrowly avoids correction territory several times in January, defined as a 10% or more fall from a record finish. Why a 20% plunge into a bear market for the index isn’t likely without a recession.
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Personal Finance Daily: Does legalizing marijuana lead to an increase in tobacco use and Super Bowl parties will be more expensive this year
Monday’s top personal finance stories
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Market Pulse: Dow jumps 406 points, and Nasdaq Composite’s 3.4% Monday rally cuts brutal monthly loss but still results in worst January since 2008 financial crisis
U.S. stock benchmarks on Monday caps topsy-turvy month with a powerful flourish higher that helped to avert the sharpest January decline on record for the Nasdaq Composite Index.
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The Ratings Game: Netflix stock set for best day in a year as analysts say subscriber slowdown doesn’t tell the full story
Shares of Netflix Inc. are rocketing toward their best day in more than a year Monday after a pair of analysts say the stock’s selloff had gone too far.
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The Tell: Here are the ‘good things’ RBC sees in the U.S. stock market following January’s selloff
After a tumultuous January for U.S. stocks, analysts at RBC Capital Markets have spotted some ‘good things’ in equities amid investor concern over high valuations and the Federal Reserve’s pivot toward monetary tightening in the face of high inflation.
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FA Center: Stocks shook off COVID but the market could weaken if the virus becomes part of life
Lessons from the Spanish Flu pandemic a century ago.
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: Treasury raises borrowing estimate for first quarter
The Treasury Department said Monday it expects to borrow $729 billion in the first quarter, which is $254 billion higher than previously estimated.
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: Amazon, Target and other corporate giants pace record ‘clean’ energy buying and show little sign of stopping
Some of the largest tech players purchased a record 31.1 GW of renewable energy, a jump of 24% from the previous year’s record.
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Earnings Outlook: GM earnings: Investors will be inspecting 2022 outlook and EV plans
General Motors Co. is scheduled to report quarterly earnings before the bell Tuesday, with the auto maker’s 2022 guidance front and center for investors.
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Earnings Outlook: Amazon preview: Prime membership hikes could be on the way, analysts say
Amazon is scheduled to report fourth-quarter earnings on Thursday with analysts anticipating news of price hikes for Prime members and others.