|Hello everyone and welcome to our new members,
Be ready for a small float biotech alert with an ongoing commercial launch to be released tomorrow 02/16/2023 at market open.
The market rally this year has been impressive. Most asset classes have participated, and the laggards of last year have particularly outperformed. These outperformers include parts of technology, small-cap stocks, international equities, and even more speculative parts of the market.
However, last week some uncertainty and volatility returned to markets. The S&P 500 was down over 1.0% on the week, its worst week of the year thus far. Treasury bond yields moved higher, while oil prices climbed as well. Markets may be now approaching somewhat of a crossroads: Does the rally continue unabated or does volatility increase?
Investors are still monitoring the latest geopolitical news, inflation, and interest rates, which continue to affect the market’s volatility.
In company news, several well-known companies reported their earnings in early February. Apple Inc. (AAPL) posted strong results, beating expectations and setting a new revenue record for the quarter. Meta Platforms, Inc. (META) also had a solid quarter, with strong growth in advertising revenue.
As we look ahead to this week, we want to alert you to a biotech company that will be announced tomorrow at market open. We have been keeping a close eye on this company, and we believe it has significant growth potential in the coming weeks.
Be sure to check your cell/inbox tomorrow at market open for our full report on this exciting biotech. If your within the USA text the keyword “Traders” to 25827 to start receiving our reports straight to your cell phone.
Thank you for your continued support, and we look forward to bringing you more winners soon.
The Traders News Team