🦉 Best Bank Stocks to Invest in Ahead of Rising Interest Rates

Best Bank Stocks to Invest in Ahead of Rising Interest Rates. Tesla recall: 'Full Self-Driving' software runs stop signs. Kroger Stock is a Teflon Consumer Staples Play. View as a Web Page

Your Evening Recap for Tuesday, February 1st Equities continued their rebound on Tuesday with the S&P 500 up about three-quarters of one percent by the end of the day. The rebound may be losing steam, however, because the move was small relative to the prior two sessions and faces stiff resistance at the short-term moving average. If the S&P 500 index can not get back above the 30-day moving average within the next few days to a week the market could be in for a retest of the recent lows. That retest may be caused by earnings, this week more than 20% of the index reports for the Q4 period, and so far the reports have not been inspiring. At best, consensus estimates are being beaten but the outlook for Q1 and Q2 2022 earnings growth is dimming. The economic data is not helping with the earnings picture. The data is expansionary but the bulk of Tuesday's report revealed ongoing labor shortages and rising labor costs which are underpinning inflation. The non-farm jobs report is due out on Friday and is expected to show more of the same. The consensus estimate is a mere 166,000 net new jobs and a dramatic slow down from the previous few months. Featured: Tired of ZILCH Yield on Savings? (ad) Best Bank Stocks to Invest in Ahead of Rising Interest Rates Federal Reserve officials have indicated they expect to raise interest rates three times in 2022 and expected increases will likely happen in March, June and September. The rates will likely rise to around 4% by the end of the year. The Federal Reserve may also raise rates in 2023 — possibly up to three more times to counter the threats inherent in inflation. The Fed will also phase out its bond-buying program by March. What does that mean for you? When the Fed raises interest rates, you may decide it's a good time to invest in bank stocks.  But which type of bank stocks will gi... Read The Full Story > GIANT Buy Signal (Ad) A former telecom insider has gone live with a shocking recommendation. This trade involves 5G, the U.S. Army, billions of dollars... And a bizarre device that could soon be found in EVERY home across America. If you buy just one stock in 2022, you should make it this one. Details on this recommendation here... Tesla recall: 'Full Self-Driving' software runs stop signs Tesla is recalling nearly 54,000 cars and SUVs because their "Full Self-Driving" software lets them roll through stop signs without coming to a complete halt. Recall documents posted Tuesday by U.S. safety regulators say that Tesla will disable the feature with an over-the-internet software update. The "rolling stop" feature allows vehicles to go through intersections with all-way stop signs at up to 5.6 miles (9 kilometers) per hour. The recall shows that Tesla programmed its vehicles to violate the law in most states, where police will ticket drivers for disregarding stop signs. Read The Full Story > Kroger Stock is a Teflon Consumer Staples Play Grocery chain operator The Kroger Company (NYSE: KR) stock has been faring better than the benchmark indexes during the market sell-off of 2022. The Company is in a key consumer staples segment. The onslaught of winter storms in the new year is causing a run on grocery stores despite the supply chain and logistics problems that are evident with empty produce and meat shelves. Investors’ concerns about the reversion in business during the post-pandemic reopening trend are being convinced that consumer shopping habits have adapted to a new normal. The thought that the upside effects of the pandemic are transitory are being disproven by the continued top and bottom-line growth as demonstrated by its Q3 2021 earnings report. Read The Full Story > Wall Street's Secret Blacklist Finally Revealed (Ad) One rare class of stocks has been rejected, vilified and banished. Yet they go up 1,000%+ Continue Reading Exxon returns to Q4 profit as demand continues to improve Exxon Mobil returned to a profit in its fourth quarter as demand for oil continues to improve. The oil and natural gas company earned $8.87 billion, or $2.08 per share for the final three months of 2021. A year earlier it lost $20.07 billion, or $4.70 per share. Removing certain items, earnings were $2.05 per share. Analysts polled by Zacks Investment Research expected a profit of $1.96 per share, on average. Exxon does not adjust its reported results based on one-time events such as asset sales. Exxon is capitalizing on a resurgence in oil demand following a slowdown during the pandemic. Read The Full Story > 3 Reasons to Add Visa & Mastercard to Your Shopping List Visa (NYSE:V) and Mastercard (NYSE:MA) are two of the most important names in the digital payments industry. These global leaders have forever changed the way that consumers, businesses, and governments handle financial transactions a Read The Full Story > The Top 3 NFT Stocks for 2022 (Ad) Interested in the potential of the NFT market, but don't consider yourself a collector? Then investing in NFT stocks may be a better way to go... Check out these 3 NFT stocks well positioned to deliver high upside to investors over the next 12 to 18 months. >>> Click here to get the full details. US road deaths rise at record pace as risky driving persists The number of U.S. traffic deaths surged in the first nine months of 2021 to 31,720, the government reported Tuesday, keeping up a record pace of increased dangerous driving during the coronavirus pandemic. The estimated figure of people dying in motor vehicle crashes from January to September 2021 was 12% higher than the same period in 2020. That represents the highest percentage increase over a nine-month period since the Transportation Department began recording fatal crash data in 1975. The tally of 31,720 deaths was the highest nine-month figure since 2006. ... Read The Full Story > Scotts-Miracle Gro Looks Buyable After Q1 Earnings  We were expecting some strength in the Scotts-Miracle Gro (NYSE: SMG) earnings report and we got some albeit a lot weaker strength than what we were looking for. Based on the market's reaction, it too was looking for more in the results but there is something to take note of. Read The Full Story > Investors commit $10 billion to pump Uganda's oil deposits Uganda and a group of investors have announced their decision to finally proceed with oil production following years of setbacks that threatened the East African country's efforts to become an oil exporter Read The Full Story >

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