Sage Investment Club

Inflation Pushes Egg Prices Higher Than Ground Beef

The price of a dozen eggs in the US exceeded the cost of a pound of ground beef. A global bird flu that has wiped out about 100 million poultry and high production costs have pushed the price of a carton of twelve eggs to a record $4.82 in January, up from less than $2 […]

Market Update – February 8 – Markets Mixed Following Powell

Trading Leveraged Products is risky Chair Powell’s comments – cancelled each other out – talked more “disinflation” with “significant declines in inflation.” in 2023 but the surprise 517k NFP he could not explain – adding to the 5-5.25% range argument. Fed Fund futures are now pricing the terminal rate at 5.15% in July. (up from […]

Chegg, Baidu, Bed Bath & Beyond, Hertz and more

A screen displays the Hertz logo during the Hertz Corporation IPO at the Nasdaq Market site in Times Square in New York, November 9, 2021.Brendan McDermid | ReutersCheck out the companies making headlines before the bell:Chegg — Shares dropped 22.7% following its earnings report Monday . The company gave first-quarter and full-year revenue guidance that […]

Stocks moving big after hours: PINS, CHGG, TTWO

Andrew Harrer | Bloomberg | Getty ImagesCheck out the companies making headlines after the bell: Pinterest — The social media stock shed more than 7% after revenue for the recent quarter fell short of analysts’ expectations. Pinterest also shared guidance for the first quarter that was lighter than expected and said it expects sales to increase […]

Stocks moving big midday: DELL, ON, PYPL

The PayPal logo displayed on a smartphone screen with a stock market graphic in the background.Omar Marques | SOPA Images | LightRocket | Getty ImagesCheck out the companies making headlines in midday trading Monday.On Semiconductor — Shares gained more than 1% after the company reported earnings Monday that beat Wall Street estimates. The company posted […]

Stocks moving big premarket: TSN, PYPL, Children’s PLCE

Tyson food meat products are shown in this photo illustration in Encinitas, California.Mike Blake | ReutersCheck out the companies making headlines in premarket trading.Tyson Foods – Shares of the food processing giant suffered a 6% drop in premarket trading after the company reported weaker-than-expected results for the first quarter. Earnings came in at 85 cents […]

Stocks making the biggest moves midday: AMZN, GOOGL, AAPL

Workers load packages into Amazon Rivian Electric trucks at an Amazon facility in Poway, California, November 16, 2022.Sandy Huffaker | ReutersCheck out the companies making headlines in midday trading.Amazon – The e-commerce giant’s stock tumbled 8.4% despite a revenue beat. Late Thursday, Amazon issued weaker-than-expected guidance for the current period. The company also reported a […]

January jobs seen slowing slightly, but impact of big layoffs unclear

Economists expect slightly slower, but still strong job growth in January, while the impact of corporate layoff announcements is unclear.According to Dow Jones, the consensus forecast calls for 187,000 new nonfarm jobs in January, down from 223,000 that were created in December. The employment report will be released at 8:30 a.m. ET Friday.The unemployment rate […]

Stocks moving big midday: META, ALGN, COIN

The Commission took issue with Meta’s pairing of Facebook Marketplace with its personal social network.Budrul Chukrut | SOPA Images | Lightrocket | Getty ImagesCheck out the companies making headlines in midday trading.Meta — The tech giant’s shares jumped 25% by the middle of the trading day, on track for its strongest day in nearly a […]

Gold Prices Rallied as Markets Kept Betting Against the Fed, Now What?

Gold, XAU/USD, Federal Reserve, Technical Analysis – Briefing: Gold prices rallied the most in almost 2 weeks after the Fed Markets continue to bet against Powell’s rate outlook vision XAU/USD now turns to non-farm payrolls data on Friday Recommended by Daniel Dubrovsky Get Your Free Gold Forecast Gold prices gained 1.14 percent on Wednesday, the […]