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The Fed Hikes Rates
For the first time since back in 2018, the Federal Reserve has increased the key benchmark interest rate by 25 basis points. It is worth noting that in 2018, the S&P 500 had a year-end return of -6.24%, which was the worst return since the 2008 financial crisis. Looking at this, it appears that Wall…
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Weekly Outlook: Uncertain Times Ahead?
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Snapchat’s First Net Profit Ever
It continues to remain a volatile time for the markets and investors must be vigilant around inflationary pressures and rate hikes. However, Snap Inc. reported some extremely well-received Q4 earnings today. Most noteworthy of all? They made $22.6 million in net profit. While it may appear small, it is Snapchat’s first net profit ever. They…
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Nasdaq Correction
The Nasdaq 100 has officially entered correction territory. The index is down more than 10% from recent highs. So time to panic right? Not exactly. I would argue now is the best time to purchase equities in the index. Some large-cap technology stocks have taken huge hits. While it is easy to justify the selling…