Is WEC Energy Stock Underperforming the Dow?
Milwaukee, Wisconsin-based WEC Energy Group, Inc. (WEC) provides regulated natural gas and electricity, and renewable and nonregulated energy services in the United States. The company has a market cap of $34.3 billion and operates through Wisconsin,
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Read MoreUS Stock Market Ahead Of Fed Policy: Dow Jones, Nasdaq, S&P 500 Crash; Futures Up On Wednesday, What To Expect
The US stock market continued to be under pressure ahead of the Federal Reserve’s policy on Thursday. Overnight, the Dow Jones and Nasdaq Composite crashed from 200 points to 330 points, while the S&P 500 followed the bearish trend. Meanwhile, on September 16, ahead of the Fed outcome, all US stock futures traded higher as the market widely predicted the largest central bank to deliver their first rate hike in 3 years.
Read MoreLIVE: US Fed Reserve FOMC Meeting Rate Decision Outcome Today: Time, schedule, LIVE streaming, Kevin Warsh announcement
US Fed meeting Live updates: The two-day US Fed meeting concludes today, and anticipation is high that the US Central Bank will raise interest rates for the first time in three years. The 12-member committee will announce its decision at 18:00 GMT or 11:30 PM Indian Standard Time (IST).
Read MoreEnergy Infrastructure Stocks: Time to Touch GRASS
Subscribers to Chart of the Week received this commentary on Sunday, August 17.
The most important statistic I came across last week had nothing to do with stocks. It was a local weather report: Cincinnati’s East Side has gotten more rainfall over the past two months than any two-month span in recorded history.
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Read MoreTrump Boasts of Economic Deal With Europe’s ‘Last Dictator’ to Blunt Cost of Trade War on US Farmers
President Donald Trump announced on Truth Social on Monday that he is “working on a massive Deal” with Belarus to help ease the economic pain his trade war with Canada is causing U.S. farmers.
“The United States is working on a massive Deal with respect to the purchase of Potash from Belarus.
Read MoreThe Burst
Market Commentary: Did AI Create The Perfect Portfolio?
What stocks would artificial intelligence select to produce outsized returns over the next 20 years?
That’s the question I wanted to ask ChatGPT, the breakthrough AI product from OpenAI, and the results were stunning.
Read MoreThe Ivy
60.2% Upside In This Forgotten Favorite
When we wrote about Apple’s bullish opportunity frankly we weren’t expecting it to be the only stock that held up in the market but the graphic below highlights just how awful Friday’s market was and how nothing escaped the onslaught but the Cupertino giant.
But what other stock could be on the verge of rising after a period of sustained underperformance?
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