📈 Turkey Suspends Stock Trading

Together With

Good Morning!

Stocks went on a choppy ride yesterday, with investors trying to hold on tight while waiting for Fed Chair Powell's inflation comments. The Nasdaq received a boost from Microsoft's announcement to add ChatGPT and Turkey chose to pause equity trading after two earthquakes caused a sell-off.

But the real excitement comes from today's earnings calls, as Disney, CVS, and Uber are ready to shake up the markets. And for those looking for a little more stability, we've got you covered with 3 healthcare stocks that offer juicy dividends and a history of payout hikes.

Options Pro’s Next Top Pick Drops Monday (Sponsor)Jeff Bishop is a literal stock-picking genius. He has been making great trades for over 20 years, and this is your opportunity to get access to his #1 trade idea every single week, along with his complete game plan for how he wants to attack this stock with his exact entry/exit targets and even the exact option contract & price he is looking to buy it at. Best of all – everything is in your inbox before the market opens each week! 📬

It is the most transparent, reliable tool you will find for becoming a sharper, better-educated trader.

And the picks? They are awesome! He recently alerted option trades that went up over 320% on NFLX, 400% on CELH, and a whopping 700% on AMZN – all in just a few days!

Markets

Wall Street rallies but trade choppy as investors digest Powell comments (4 minute read)Stocks rallied on Tuesday, but not without their ups and downs with investors tried to make sense of Fed Chair Powell's inflation comments. The Nasdaq got a boost from Microsoft's announcement to add ChatGPT, the chatbot from OpenAI, to its products, sending its shares up 1.29%. Meanwhile, Powell promised 2023 would be the year of "significant declines in inflation", giving investors hope for a less aggressive monetary policy.

European stocks higher; corporate earnings in focus (5 minute read)European stocks closed higher on Wednesday, thanks to Powell's comforting words and impressive corporate earnings. The DAX, CAC 40, and FTSE 100 rose 0.5%, 0.3%, and 0.6% respectively. European stocks joined the Wall Street party, which was cheered by Powell's less intense tone. Meanwhile, Europe's quarterly earnings season is in full swing.

Turkey Suspends Trading in Stock Market After Rout Deepens (3 minute read)Turkey suspended equity trading for the first time in 24 years after two earthquakes triggered a deep sell-off. The Borsa Istanbul 100 Index is headed for its worst week since the 2008 financial crisis and entered bear market territory on Tuesday. Marmara Capital's Haydar Acun said the suspension is to protect investors during catastrophic events.

Investing

Walt Disney, CVS Health, Uber Technologies: 3 things to watch (3 minute read)3 things that could shake up the markets today:- Walt Disney's (DIS) earnings call with Bob Iger, with an expected 79 cents/share and $23.4B in revenue.- CVS Health's (CVS) earnings, with a predicted $1.92/share and $76.3B in revenue, and its potential acquisition of Oak Street Health.- Uber's (UBER) earnings report, with a projected 14-cent loss/share and $8.5B in revenue.

3 High-Yield Dividend Stocks to Buy Now for a Lifetime of Passive Income (7 minute read)Want to fund your retirement with dividend income from stocks? Look no further than the healthcare sector, where US spending hit a jaw-dropping $4.3 trillion in 2021. The Motley Fool explores Medtronic (MDT), AbbVie (ABBV), and Medical Properties Trust (MPW) - 3 stocks picked for juicy dividends and a track record of payout hikes.

Money

The Difference Between Active Income And Passive Income (10 minute read)In this blog post, the ever-knowledgeable Financial Samurai breaks down the difference between active and passive income, and most importantly, how to achieve the perfect balance of both.

🐥

Best of Twitter

🧠

Wisdom Of The Week

Thanks for reading, if you enjoyed, tell your friends!

P.S: If you're interested in crypto and web3 - check out our new newsletter, The Crypto Journal!